form10dcover092710.htm


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-D

ASSET-BACKED ISSUER

DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period
from August 27, 2010 to September 27, 2010

Commission File Number of issuing entity: 333-145220-01

CITIBANK CREDIT CARD ISSUANCE TRUST

(Issuing Entity in respect of the Notes)
(Exact name of issuing entity as specified in its charter)

	DELAWARE (State or other jurisdiction of incorporation or organization of issuing entity)		NOT APPLICABLE (I.R.S. Employer Identification No. of issuing entity)



Commission File Number of issuing entity: 333-145220-02

CITIBANK CREDIT CARD MASTER TRUST I


(Issuing Entity in respect of the Collateral Certificate)
(Exact name of issuing entity as specified in its charter)


	NEW YORK (State or other jurisdiction of incorporation or organization of issuing entity)	NOT APPLICABLE (I.R.S. Employer Identification No. of issuing entity)
	Commission File Number
	of sponsor and depositor:
	333-145220

	CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION
	(Exact name of sponsor and depositor as specified in its charter)

	46-0358360 (I.R.S. Employer Identification No.)

	c/o CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION
	701 EAST 60TH STREET, NORTH, MAIL CODE 1251
	SIOUX FALLS, SOUTH DAKOTA	57117
	(Address of principal executive	(Zip Code)
	offices of issuing entities)

	(605) 331-2626
	(Telephone number, including area code)
	NOT APPLICABLE
	(Former name, former address, if changed since last report)

	Registered / reporting pursuant to
		Section	Section	Section	Name of exchange
Title of class		12(b)	12(g)	15(d)	(If Section 12(b))
Citiseries, Class A notes				[X]
Citiseries, Class B notes				[X]
Citiseries, Class C notes				[X]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No

PART I – DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

The information required by Item 1121 of Regulation AB is provided in the report attached hereto as Exhibit 99. This report is the monthly report of Citibank Credit Card Issuance Trust containing information regarding the notes of the Citiseries, the master trust’s assets and the collateral certificate for the due period ending September 27, 2010 and the related payment dates for the notes delivered pursuant to Section 907 of the Indenture.

The issuance trust has issued Class A notes, Class B notes and Class C notes of the Citiseries pursuant to an Indenture between the issuance trust and Deutsche Bank Trust Company Americas, as trustee. Principal payments on Class B notes of the Citiseries are subordinated to payments on Class A notes of that series, and principal payments on Class C notes of the Citiseries are subordinated to payments on Class A and Class B notes of that series.

The issuance trust’s primary asset – and its primary source of funds for the payment of principal of and interest on the notes – is a collateral certificate issued by Citibank Credit Card Master Trust I to the issuance trust. The collateral certificate represents an undivided interest in the assets of the master trust. The master trust assets consist primarily of credit card receivables arising in a portfolio of revolving credit card accounts.

For the definitions or descriptions of certain terms used in the attached report, as well as a description of the allocation and payment priorities and subordination provisions applicable to the notes of the Citiseries, see the Prospectus included in the issuance trust’s Registration Statement on Form S-3 (File No. 333-145220), as amended or supplemented to the date hereof.

PART II OTHER INFORMATION

Item 9. Exhibits

	Exhibit No.	Description
	99	Monthly Report for the Due Period ending September 27, 2010 and the related Payment Dates for the Notes

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION, as Depositor and Managing Beneficiary of Citibank Credit Card Issuance Trust and as Depositor and Servicer of Citibank Credit Card Master Trust I
Date: October 15, 2010	By: /s/ Douglas C. Morrison Douglas C. Morrison Vice President

CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== This Report relates to the Due Period ending September 27, 2010 and the related Payment Dates for the Notes. A. Information Regarding the Master Trust portfolio ------------------------------------------------- 1. Portfolio Yield for the Collateral Certificate ......... 9.53% Yield Component ................................... 18.52% Discount Component (1).............................. 2.19% Credit Loss Component ............................. 8.99% 2. New Purchase Rate ..................................... 18.88% 3. Total Payment Rate .................................... 19.95% 4. Principal Payment Rate ................................ 18.96% 5. Aggregate Amount of Receivables in the Trust : Principal Receivables Beginning of Due Period ...... $ 68,558,157,469 Principal Receivables Average ...................... $ 67,903,706,077 Principal Receivables Lump Sum Addition/(Removal) ... $ 0 Principal Receivables End of Due Period ............ $ 67,491,973,349 Finance Charge Receivables - End of Due Period ..... $ 576,781,577 Discount Receivables - End of Due Period ........... $ 681,736,845 Total Finance Charge Receivables - End of Due Period. $ 1,258,518,422 6. Delinquencies (Aggregate outstanding balances in the Accounts that were delinquent by the time periods listed below as of the close of business of the month preceding the Payment Dates, as a percentage of aggregate Receivables as of the last day of the Due Period) : Current .......................................... $ 63,060,477,742 5-34 days delinquent ........................... $ 2,135,584,952 35-64 days delinquent ........................... $ 938,713,338 65-94 days delinquent ........................... $ 692,328,246 95-124 days delinquent ........................... $ 632,084,986 125-154 days delinquent ........................... $ 567,763,817 155-184 days delinquent ........................... $ 551,343,453 Current ........................................... 91.96% 5-34 days delinquent ........................... 3.11% 35-64 days delinquent ........................... 1.37% 65-94 days delinquent ........................... 1.01% 95-124 days delinquent ........................... 0.92% 125-154 days delinquent ........................... 0.83% 155-184 days delinquent ........................... 0.80% (1) The Principal Receivable Discount Percentage for this Due Period is 1%, and the "Discount Component" is included in the reported "Yield Component". Page 1 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== Current Due Current Due Period on an Period on a Actual Basis (1) Standard Basis (1) B. Information Regarding the Collateral Certificate ------------------------------------------------- (Percentage Basis) 1. Portfolio Yield 9.53% 9.53% 2. Weighted Average Interest Rate (2) 2.06% 2.06% 3. Weighted Average Investor Fee Rates Fixed Servicing Fee 0.37% 0.37% Others 0.02% 0.02% 4. Surplus Finance Charge Collections 7.08% 7.08% 5. Surplus Finance Charge Collections For Purposes of Funding Class C Reserve Account 6.62% 6.62% 6. Required Surplus Finance Charge Amount 0.00% 0.00% 7. Aggregate Surplus Finance Charge Amount 7.08% 7.08% minus Required Surplus Finance Charge Amount C1. Information Regarding the Collateral Certificate ------------------------------------------------ (Dollars Basis) 1. Total Investor Collections $10,337,939,208 $10,337,939,208 Principal Collections $ 9,519,378,495 $ 9,519,378,495 Finance Charge Collections $ 818,560,713 $ 818,560,713 Discount Component/Collections (3) $ 96,519,453 $ 96,519,453 2. Investor Default Amount $ 395,589,790 $ 395,589,790 3. Targeted Deposit to Interest Funding Account (4) $ 86,166,636 $ 86,166,636 4. Investor Monthly Fees Fixed Servicing Fees $ 15,482,601 $ 15,482,601 Others $ 870,053 $ 870,053 5. Surplus Finance Charge Collections $ 320,451,633 $ 320,451,633 6. Required Surplus Finance Charge Collections $ 0 $ 0 7. Aggregate Surplus Finance Charge Amount $ 320,451,633 $ 320,451,633 minus Required Surplus Finance Charge Amount (1) Values for "Current Due Period on an Actual Basis" reflect, in the case of a first due period close of a tranche of Notes, activity from the close date until the first due period end, or, as in the case of Targeted Deposit to Interest Funding Account and certain fees, until the first Monthly Interest Date. Values for "Current Due Period on a Standard Basis" reflect activity for the entire current period, as if all Notes had already been outstanding prior to the first day of such period. All percents are based on actual cash revenue or expense for the period, converted to an annualized percent using day count appropriate for the item, either 30/360, actual/360, or actual/actual. Depending on the item, cash expenses may accrue from August 27, 2010 to September 27, 2010, 32 days, or September 7 , 2010 to October 6 , 2010, 30 days (standard basis). (2) Defined in the definition section of the Indenture (3) The "Discount Component/Collections" are included in the reported "Finance Charge Collections". (4) Referenced in sections 501 and 503 of the Indenture Page 2 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== C2. Information Regarding the Series 2009 Credit Card Participation Certificate* ---------------------------------------------------------------------------- 1. Series 2009 Invested Amount as of the end of the Due Period** . $2,235,670,789 2. Required Subordinated Amount as of the end of the Due Period** $2,235,670,789 3. Series 2009 Reallocated Principal Collections for the current Due Period*** ................................................. $ 0 4. Series 2009 Reallocated Principal Collections for all prior Due Periods ....................................................... $ 0 * The Series 2009 Credit Card Participation Certificate, issued on May 1, 2009, provides credit enhancement to the Collateral Certificate. For more information, see Form 8-K filed with the SEC on May 5, 2009 by Citibank Credit Card Issuance Trust. ** The Series 2009 Invested Amount and Required Subordinated Amount are variable, and each amount currently equals 4.45230% of the Invested Amount of the Collateral Certificate. *** This amount is included in Finance Charge Collections for the Collateral Certificate. See Section C1, line item 1 on Preceding Page. Page 3 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== D. Information Regarding Notes of Citiseries ---------------------------------------------------- (Aggregate Basis) 1a. Class A Outstanding Dollar Principal Amount ............ $43,006,839,787 For all Classes except Class 2001-A3 (Dakota) ............ $38,006,839,787 For Class 2001-A3 (Dakota) ............................... $ 5,000,000,000 1b. Class B Outstanding Dollar Principal Amount ............ $ 2,648,000,000 1c. Class C Outstanding Dollar Principal Amount ............ $ 3,809,000,000 2a. Targeted Deposit to Class A Interest Funding Account ..... $ 60,144,847 2b. Targeted Deposit to Class B Interest Funding Account ..... $ 12,965,605 2c. Targeted Deposit to Class C Interest Funding Account ..... $ 13,056,184 3a. Balance in the Class A Interest Funding Account ......... $ 192,937,689 3b Balance in the Class B Interest Funding Account ......... $ 16,298,938 3c Balance in the Class C Interest Funding Account ......... $ 30,508,267 4a. Targeted Deposit to Class A Principal Funding Account .... $ 750,000,000 4b. Targeted Deposit to Class B Principal Funding Account .... $ 0 4c. Targeted Deposit to Class C Principal Funding Account .... $ 0 5a. Balance in the Class A Principal Funding Account ........ $ 0 5b. Balance in the Class B Principal Funding Account ........ $ 0 5c. Balance in the Class C Principal Funding Account ........ $ 0 6. Targeted Deposit to Class C Reserve Account ............. $ 0 7. Balance in the Class C Reserve Account .................. $ 0 Data Applicable to all Classes Except 2001-A3 (Dakota) ------------------------------------------------------- 8a. Maximum enhancement amount available to Outstanding Class A Notes from Class B Notes ............ $ 2,318,786,843 8b. As a Percentage of Class A Outstanding Dollar Principal Amount ................................. 5.98291% 8c. Maximum enhancement amount available to Outstanding Class A Notes from Class C Notes ............ $ 3,091,714,499 8d. As a Percentage of Class A Outstanding Dollar Principal Amount ................................. 7.97721% 8e. Maximum enhancement amount available to Outstanding Class B Notes from Class C Notes ............ $ 3,530,666,578 8f. As a Percentage of Class B Outstanding Dollar Principal Amount ................................. 133.33333% Data Applicable only to Class 2001-A3 (Dakota) (1) ------------------------------------------------------- 9a. Maximum enhancement amount available to Outstanding Class 2001-A3 Notes (Dakota) from Class C Notes ......... $ 231,767,500 9b. As a Percentage of Class 2001-A3 Notes (Dakota) Outstanding Dollar Principal Amount ..................... 4.63535% 9c. Maximum enhancement amount available to Outstanding Class 2001-A3 Notes (Dakota) from Class B Notes ......... $ 0 9d. As a Percentage of Class 2001-A3 Notes (Dakota) Outstanding Dollar Principal Amount ..................... 0.00000% ----------------------------------------------------------------------------- (1) All conditions precedent were satisfied for the issuance of new tranches of Dakota CP Notes during Due Period ending September 27, 2010, including the condition that the weighted average remaining life to Expected Principal Payment Date of all Dakota CP Notes be 60 days or less. Page 4 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== Data Applicable to all Classes ------------------------------- 10a. Reduction in the Class A Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs ................................ $ 0 10b. Reduction in the Class B Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A Notes ........... $ 0 10c. Reduction in the Class C Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A or Class B Notes . $ 0 11a. Reimbursement of Class A Nominal Liquidation Amount .... $ 0 11b. Reimbursement of Class B Nominal Liquidation Amount .... $ 0 11c. Reimbursement of Class C Nominal Liquidation Amount .... $ 0 E. Information Regarding Distributions to Noteholders of Citiseries ---------------------------------------------------------------- (Aggregate Basis) 1a. The total amount of the distribution to Class A Noteholders on the applicable Payment Dates ......................... $ 800,891,118 1b. The total amount of the distribution to Class B Noteholders on the applicable Payment Dates ......................... $ 12,132,272 1c. The total amount of the distribution to Class C Noteholders on the applicable Payment Dates ......................... $ 5,860,351 2a. The amount of the distribution set forth in item 1(a) above in respect of principal on the Class A Notes ........ $ 750,000,000 2b. The amount of the distribution set forth in item 1(b) above in respect of principal on the Class B Notes ........ $ 0 2c. The amount of the distribution set forth in item 1(c) above in respect of principal on the Class C Notes ........ $ 0 3a. The amount of the distribution set forth in item 1(a) above in respect of interest on the Class A Notes ........ $ 50,891,118 3b. The amount of the distribution set forth in item 1(b) above in respect of interest on the Class B Notes ........ $ 12,132,272 3c. The amount of the distribution set forth in item 1(c) above in respect of interest on the Class C Notes ........ $ 5,860,351 4a. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class A Notes exceeds the Class A Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0 4b. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class B Notes exceeds the Class B Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0 4c. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class C Notes exceeds the Class C Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0 Page 5 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== F. Information Regarding Notes of Citiseries ------------------------------------------------------------------------------------------------------- (The information reported is for the Due Period ending September 27, 2010 and giving effect to all deposits, allocations, reallocations and payments to be made in the month after the end of this Due Period.) ------------------------------------------------------------------------------------------------------- (Individual Tranche Basis) 1a. Outstanding Dollar Principal Amount, Interest Payments and Deposits to Interest Funding Sub-Accounts Class/ Outstanding Monthly Targeted Actual Cumulative Interest Interest Tranche Dollar Accretion Deposit to Deposit to Shortfall Funding Payment Principal the the In Interest Sub-Account On Payment Amount Interest Interest Funding Balance(2) Date(3) Funding Funding Sub-Account Account(1) Account - --------------- ---------------- ----------- ----------- ----------- ----------- ----------- ------------ Class 2001-A3 5,000,000,000 0 630,441 630,441 0 0 630,441 Class 2001-A4 1,108,750,000 0 747,840 747,840 0 0 2,150,039 Class 2001-A7 420,000,000 0 178,938 178,938 0 357,875 0 Class 2002-A10 1,000,000,000 0 436,876 436,876 0 0 436,876 Class 2002-A4 750,000,000 0 317,381 317,381 0 0 317,381 Class 2002-C2 350,000,000 0 2,027,083 2,027,083 0 4,054,167 0 Class 2003-A10 500,000,000 0 206,440 206,440 0 7,916,667 0 Class 2003-A7 650,000,000 0 287,251 287,251 0 6,743,750 0 Class 2003-C4 300,000,000 0 1,250,000 1,250,000 0 5,000,000 0 Class 2004-A2 1,480,000,000 0 590,928 590,928 0 1,181,856 0 Class 2004-A6 394,508,442 0 192,360 192,360 0 0 610,246 Class 2004-A7 1,200,000,000 0 433,194 433,194 0 866,388 0 Class 2004-A8 750,000,000 0 270,427 270,427 0 12,250,000 0 Class 2004-B2 250,000,000 0 120,377 120,377 0 0 120,377 Class 2004-C1 225,000,000 0 170,126 170,126 0 0 170,126 Class 2005-A1 338,581,344 0 110,441 110,441 0 217,430 0 Class 2005-A2 875,000,000 0 289,209 289,209 0 3,536,458 0 Class 2005-A3 1,375,000,000 0 386,289 386,289 0 0 386,289 Class 2005-A4 300,000,000 0 84,335 84,335 0 4,400,000 0 Class 2005-A5 200,000,000 0 60,057 60,057 0 3,033,333 0 Class 2005-A7 0 0 168,963 168,963 0 0 17,812,500 Class 2005-A8 875,000,000 0 238,685 238,685 0 0 238,685 Class 2005-A9 500,000,000 0 161,433 161,433 0 10,625,000 0 Class 2005-C1 75,000,000 0 343,750 343,750 0 343,750 0 Class 2005-C2 175,000,000 0 109,442 109,442 0 0 109,442 Class 2005-C3 375,000,000 0 208,544 208,544 0 0 208,544 Class 2005-C6 175,000,000 0 85,654 85,654 0 0 85,654 Class 2006-A1 700,000,000 0 267,243 267,243 0 525,577 0 Class 2006-A3 750,000,000 0 3,312,500 3,312,500 0 3,312,500 0 Class 2006-A4 1,300,000,000 0 5,904,167 5,904,167 0 29,520,833 0 Class 2006-A7 1,000,000,000 0 4,463,858 4,463,858 0 293,492 0 Class 2006-A8 1,000,000,000 0 4,171,667 4,171,667 0 0 1,446,291 Class 2006-C1 500,000,000 0 273,892 273,892 0 0 273,892 Class 2006-C2 200,000,000 0 950,000 950,000 0 4,750,000 0 Class 2006-C3 250,000,000 0 116,210 116,210 0 0 116,210 Class 2007-A10 1,100,000,000 0 691,621 691,621 0 0 691,621 Class 2007-A11 1,200,000,000 0 861,163 861,163 0 0 861,163 Class 2007-A3 665,000,000 0 305,313 305,313 0 13,632,500 0 Class 2007-A4 225,000,000 0 101,661 101,661 0 101,661 0 Class 2007-A7 3,250,000,000 0 1,644,879 1,644,879 0 0 1,644,879 Class 2007-A8 1,750,000,000 0 8,239,583 8,239,583 0 8,239,583 0 Class 2007-A9 500,000,000 0 317,466 317,466 0 0 317,466 Class 2007-B5 800,000,000 0 585,207 585,207 0 0 585,207 Class 2007-B6 200,000,000 0 833,333 833,333 0 4,166,667 0 Class 2008-A1 900,000,000 0 4,012,500 4,012,500 0 8,025,000 0 Class 2008-A2 1,850,000,000 0 2,312,500 2,312,500 0 0 2,312,500 Class 2008-A5 500,000,000 0 2,020,833 2,020,833 0 0 12,125,000 Class 2008-A6 1,150,000,000 0 1,396,618 1,396,618 0 0 1,396,618 Class 2008-A7 450,000,000 0 612,128 612,128 0 0 612,128 Class 2008-C6 500,000,000 0 2,625,000 2,625,000 0 10,500,000 0 Class 2009-A1 3,000,000,000 0 5,018,350 5,018,350 0 0 5,018,350 Class 2009-A2 1,250,000,000 0 1,882,646 1,882,646 0 0 1,882,646 Class 2009-A3 600,000,000 0 1,350,000 1,350,000 0 5,400,000 0 Class 2009-A4 650,000,000 0 2,654,167 2,654,167 0 10,616,667 0 Class 2009-A5 1,500,000,000 0 2,812,500 2,812,500 0 11,250,000 0 Class 2009-B1 700,000,000 0 8,827,832 8,827,832 0 0 8,827,832 Class 2009-B2 185,000,000 0 2,198,007 2,198,007 0 0 2,198,007 Class 2009-C1 250,000,000 0 4,376,529 4,376,529 0 0 4,376,529 Class 2010-B3 513,000,000 0 400,850 400,850 0 0 400,850 Class 2010-C2 434,000,000 0 519,954 519,954 0 0 519,954 Total 49,463,839,787 0 86,166,636 86,166,636 0 170,861,153 68,883,741 (1) Referenced in sections 501 and 503 of the Indenture (2) The Interest Funding Sub-Account Balance reflects the Trust Targeted Deposit to the Interest Funding Account and net settlement of any U.S. dollar-denominated swap. (3) For Notes denominated in US dollars this column represents the Note coupon payment to investors on the related Payment Date. For Notes not denominated in U.S. dollars this column represents the currency swap payment to the counterparty on the related Swap Payment Date. CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== 1b. Outstanding Dollar Principal Amount and Investor Interest Payments Class/ Outstanding Investor Investor Payment Monthly Investor's Investor's SWAP Expected Legal Tranche Dollar Interest Interest Date(1) Interest Current Interest Yes/ Principal Maturity Principal Rate PMT Accrual Period PMT On Pmt No Payment Date Amount Fixed/ Frequency Period Interest Date (2) Date Floating (3) Rate - -------------- -------------- -------- ------------------ -------- -------- ---------- --------------- ---- ---------- ---------- Class 2001-A7 420,000,000 Floating Feb, May, Aug, Nov 15 15 - 15 0.51125 0.00 No 08/15/2011 08/15/2013 Class 2002-A10 1,000,000,000 Floating Monthly 17 17 - 18 0.50734 436,876.11 No 12/17/2012 12/17/2014 Class 2002-A4 750,000,000 Floating Monthly 7 7 - 7 0.50781 317,381.25 No 06/09/2014 06/07/2016 Class 2002-C2 350,000,000 Fixed Feb, Aug 15 15 - 15 6.95000 0.00 No 02/15/2012 02/18/2014 Class 2003-A10 500,000,000 Fixed Jun, Dec 10 10 - 10 4.75000 0.00 Yes 12/10/2013 12/10/2015 Class 2003-A7 650,000,000 Fixed Jan, Jul 7 7 - 7 4.15000 0.00 Yes 07/07/2015 07/07/2017 Class 2003-C4 300,000,000 Fixed Jun, Dec 10 10 - 10 5.00000 0.00 No 06/10/2013 06/10/2015 Class 2004-A7 1,200,000,000 Floating Feb, May, Aug, Nov 24 24 - 25 0.41922 0.00 No 11/25/2011 11/25/2013 Class 2004-A8 750,000,000 Fixed Jun, Dec 10 10 - 10 4.90000 0.00 Yes 12/10/2014 12/12/2016 Class 2004-B2 250,000,000 Floating Monthly 7 7 - 7 0.57781 120,377.08 No 10/07/2011 10/07/2013 Class 2004-C1 225,000,000 Floating Monthly 15 15 - 15 0.90734 170,126.25 No 07/15/2011 07/15/2013 Class 2005-A2 875,000,000 Fixed Mar, Sep 10 10 - 10 4.85000 0.00 Yes 03/10/2015 03/10/2017 Class 2005-A3 1,375,000,000 Floating Monthly 24 24 - 25 0.32625 386,289.06 No 04/24/2012 04/24/2014 Class 2005-A4 300,000,000 Fixed Jun, Dec 20 20 - 20 4.40000 0.00 Yes 06/20/2012 06/20/2014 Class 2005-A5 200,000,000 Fixed Jun, Dec 20 20 - 20 4.55000 0.00 Yes 06/22/2015 06/20/2017 Class 2005-A7 0 Fixed Apr, Oct 20 20 - 20 4.75000 17,812,500.00 Yes 10/20/2010 10/22/2012 Class 2005-A8 875,000,000 Floating Monthly 20 20 - 20 0.32734 238,685.42 No 10/22/2012 10/20/2014 Class 2005-A9 500,000,000 Fixed May, Nov 20 20 - 20 5.10000 0.00 Yes 11/20/2015 11/20/2017 Class 2005-C1 75,000,000 Fixed Mar, Sep 24 24 - 24 5.50000 0.00 No 03/24/2015 03/24/2017 Class 2005-C2 175,000,000 Floating Monthly 24 24 - 25 0.72625 109,441.84 No 03/24/2015 03/24/2017 Class 2005-C3 375,000,000 Floating Monthly 15 15 - 15 0.66734 208,543.75 No 07/16/2012 07/15/2014 Class 2005-C6 175,000,000 Floating Monthly 15 15 - 15 0.58734 85,653.75 No 11/15/2010 11/15/2012 Class 2006-A1 700,000,000 Floating Feb, May, Aug, Nov 7 7 - 7 0.45813 0.00 No 02/07/2013 02/09/2015 Class 2006-A3 750,000,000 Fixed Mar, Sep 15 15 - 15 5.30000 0.00 No 03/15/2016 03/15/2018 Class 2006-A4 1,300,000,000 Fixed May, Nov 10 10 - 10 5.45000 0.00 No 05/10/2011 05/10/2013 Class 2006-A7 1,000,000,000 Floating Mar, Jun, Sep, Dec 15 15 - 15 0.35219 0.00 Yes 12/15/2016 12/17/2018 Class 2006-A8 1,000,000,000 Floating Apr, Jul, Oct, Jan 15 15 - 15 0.56594 1,446,291.12 Yes 12/15/2016 12/17/2018 Class 2006-C1 500,000,000 Floating Monthly 20 20 - 20 0.65734 273,891.67 No 02/20/2013 02/20/2015 Class 2006-C2 200,000,000 Fixed May, Nov 15 15 - 15 5.70000 0.00 No 05/16/2011 05/15/2013 Class 2007-A10 1,100,000,000 Floating Monthly 10 10 - 12 0.70734 691,621.33 No 12/10/2012 12/10/2014 Class 2007-A11 1,200,000,000 Floating Monthly 10 10 - 12 0.80734 861,162.67 No 01/12/2015 01/10/2017 Class 2007-A3 665,000,000 Fixed Jun, Dec 15 15 - 15 6.15000 0.00 Yes 06/15/2037 06/15/2039 Class 2007-A4 225,000,000 Floating Sep, Dec, Mar, Jun 15 15 - 15 0.54219 0.00 No 06/15/2037 06/15/2039 Class 2007-A7 3,250,000,000 Floating Monthly 20 20 - 20 0.60734 1,644,879.17 No 08/20/2012 08/20/2014 Class 2007-A8 1,750,000,000 Fixed Mar, Sep 20 20 - 20 5.65000 0.00 No 09/20/2017 09/20/2019 Class 2007-A9 500,000,000 Floating Monthly 17 17 - 18 0.73734 317,465.83 No 10/17/2017 10/17/2019 Class 2007-B5 800,000,000 Floating Monthly 7 7 - 7 0.87781 585,206.67 No 11/07/2012 11/07/2014 Class 2007-B6 200,000,000 Fixed May, Nov 8 8 - 8 5.00000 0.00 No 11/08/2010 11/08/2012 Class 2008-A1 900,000,000 Fixed Feb, Aug 7 7 - 7 5.35000 0.00 No 02/07/2018 02/07/2020 Class 2008-A2 1,850,000,000 Floating Monthly 23 23 - 25 1.40625 2,312,500.00 No 01/23/2018 01/23/2020 Class 2008-A5 500,000,000 Fixed Apr, Oct 22 22 - 22 4.85000 12,124,999.98 No 04/22/2013 04/22/2015 Class 2008-A6 1,150,000,000 Floating Monthly 20 20 - 20 1.45734 1,396,617.50 No 05/20/2015 05/22/2017 Class 2008-A7 450,000,000 Floating Monthly 20 20 - 20 1.63234 612,127.50 No 05/21/2018 05/20/2020 Class 2008-C6 500,000,000 Fixed Jun, Dec 20 20 - 20 6.30000 0.00 No 06/20/2012 06/20/2014 Class 2009-A1 3,000,000,000 Floating Monthly 15 15 - 15 2.00734 5,018,350.00 No 03/15/2012 03/17/2014 Class 2009-A2 1,250,000,000 Floating Monthly 15 15 - 15 1.80734 1,882,645.83 No 05/15/2012 05/15/2014 Class 2009-A3 600,000,000 Fixed Jun, Dec 23 23 - 23 2.70000 0.00 No 06/23/2011 06/24/2013 Class 2009-A4 650,000,000 Fixed Jun, Dec 23 23 - 23 4.90000 0.00 No 06/23/2014 06/23/2016 Class 2009-A5 1,500,000,000 Fixed June, December 23 23 - 23 2.25000 0.00 No 12/24/2012 12/23/2014 Total 38,810,000,000 49,053,633.78 - --------------------------------------------------------------------------------------------------------------------------------- (1) If the Payment Date is not a Business Day, then the Payment Date will be the succeeding Business Day. (2) The record date for payment of the notes is the last day of the month before the related payment date. (3) For a newly issued class of notes, interest begins to accrue on the issuance date of that class. 2a. Principal Payments and Deposits to Principal Funding Sub-Accounts for all Deals except 2001-A3 (Dakota) Class/Tranche Targeted Actual Cumulative Principal Principal Principal Principal Shortfall in Funding Payment On Monthly Monthly Principal Sub-Account Payment Date Deposit Deposit Funding Balance Sub-Account - --------------- --------------- --------------- --------------- --------------- --------------- Class 2005-A7 750,000,000 750,000,000 0 0 750,000,000 Total 750,000,000 750,000,000 0 0 750,000,000 2b. Principal Payments and Deposits to Principal Funding Sub-Accounts for 2001-A3 (Dakota) only Class/Tranche Targeted Actual Cumulative Principal Principal Principal Principal Shortfall in Funding Payment On Monthly Monthly Principal Sub-Account Payment Date Deposit Deposit Funding Balance Sub-Account - --------------- --------------- --------------- --------------- --------------- --------------- Nothing to report for this period. Page 6 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== 3a. Funding the Class 'C' Reserve Sub-Accounts 1) 3 Month Average Surplus Finance Charge Collections for purposes of Funding the Class C Reserve Sub-Accounts 5.84% 2) Is the 3 Month Average Surplus Finance Charge Collections for purposes of Funding the Class C Reserve Sub-Accounts less than or equal to 4.50% No 3b. Deposits to and Withdrawals from Class C Reserve Sub-Accounts - --------------------------------------------------------------------------------------------------------------- Class/Tranche Targeted Class C Actual Withdrawals Class C Cumulative Deposit to Reserve Deposit to from Class C Reserve Shortfall in Class C Sub-Account Class C Reserve Sub-Account Class C Reserve Ending Reserve Sub-Account Ending Reserve Sub-Account Balance as of Sub-Account Balance Sub-Account Prior Due Period - --------------- ------------ ---------------- ------------- ------------ ------------ -------------- Nothing to report for this period. Page 7 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== 3c. Actual Deposits by Source to Class C Reserve Sub-Accounts - -------------------------------------------------------------------------------------------------- Class/Tranche Surplus Withdrawals Total Required Total Finance Treated as Finance Finance Funding resulting Actual Charge Charge Collections Charge From New Deposits Collections Collections Issuance of Notes - --------------- ----------- ------------------ ----------- ----------------- --------- Nothing to report for this period. Page 8 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== 3d. Withdrawals from Class C Reserve Sub-Accounts - -------------------------------------------------------------------------------------- Class/Tranche Release of Funds Release of funds in In excess of Class C Reserve Total Targeted Sub-Account Actual Amount Due to Maturity Utilization Withdrawals - --------------- ---------------- ------------------- ----------- ------------ Nothing to report for this period. 4. Maximum Enhancement Amount Available to Class A Notes; Class A Usage of Class B and Class C Subordinated Amounts Class/Tranche Maximum Maximum Class A Class A Cumulative Cumulative Enhancement Enhancement Usage of Usage of Class A Class A Amount Amount Class B Class C Usage of Usage of Available Available Subordinated Subordinated Class B Class C from Class from Class Amount for Amount for Subordinated Subordinated B Notes C Notes this Due this Due Amount Amount Period Period - --------------- ------------- ------------- ------------- ------------- ------------- -------------- Class 2001-A3 0 231,767,500 Class 2001-A4 66,335,515 88,447,316 Class 2001-A7 25,128,222 33,504,282 Class 2002-A10 59,829,100 79,772,100 Class 2002-A4 44,871,825 59,829,075 Class 2003-A10 29,914,550 39,886,050 Class 2003-A7 38,888,915 51,851,865 Class 2004-A2 88,547,068 118,062,708 Class 2004-A6 23,603,085 31,470,767 Class 2004-A7 71,794,920 95,726,520 Class 2004-A8 44,871,825 59,829,075 Class 2005-A1 20,257,017 27,009,345 Class 2005-A2 52,350,463 69,800,588 Class 2005-A3 82,265,013 109,686,638 Class 2005-A4 17,948,730 23,931,630 Class 2005-A5 11,965,820 15,954,420 Class 2005-A7 44,871,825 59,829,075 Class 2005-A8 52,350,463 69,800,588 Class 2005-A9 29,914,550 39,886,050 Class 2006-A1 41,880,370 55,840,470 Class 2006-A3 44,871,825 59,829,075 Class 2006-A4 77,777,830 103,703,730 Class 2006-A7 59,829,100 79,772,100 Class 2006-A8 59,829,100 79,772,100 Class 2007-A10 65,812,010 87,749,310 Class 2007-A11 71,794,920 95,726,520 Class 2007-A3 39,786,352 53,048,447 Class 2007-A4 13,461,548 17,948,723 Class 2007-A7 194,444,575 259,259,325 Class 2007-A8 104,700,925 139,601,175 Class 2007-A9 29,914,550 39,886,050 Class 2008-A1 53,846,190 71,794,890 Class 2008-A2 110,683,835 147,578,385 Class 2008-A5 29,914,550 39,886,050 Class 2008-A6 68,803,465 91,737,915 Class 2008-A7 26,923,095 35,897,445 Class 2009-A1 179,487,300 239,316,300 Class 2009-A2 74,786,375 99,715,125 Class 2009-A3 35,897,460 47,863,260 Class 2009-A4 38,888,915 51,851,865 Class 2009-A5 89,743,650 119,658,150 Total 2,318,786,843 3,323,481,999 Page 9 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending September 27, 2010 ============================================================================== 5. Maximum Enhancement Amount Available to Class B Notes; Class B Usage of Class C Subordinated Amounts Class/Tranche Maximum Enhancement Class B Usage of Cumulative Class B Amount Available from Class C Subordinated Usage of Class C Class C Notes Amount for this Due Subordinated Amount Period - --------------- ------------------------ ------------------------ ------------------------ Class 2004-B2 333,333,325 Class 2007-B5 1,066,666,640 Class 2007-B6 266,666,660 Class 2009-B1 933,333,310 Class 2009-B2 246,666,661 Class 2010-B3 683,999,983 Total 3,530,666,578 6. Reductions of and Reimbursements to Nominal Liquidation Amount Class/Tranche Reduction Reduction Cumulative Cumulative Reimbursements Resulting from Resulting from Reduction Reduction of prior an Allocation from a Resulting from Resulting from reductions of of Investor Reallocation an Allocation an Reallocation Nominal Charge-offs of Principal of Investor of Principal Liquidation for this Due Collections Charge-offs Collections to Amount for Period to pay (net of pay interest on this Due interest on Reimbursements) senior classes Period senior of Notes (net of classes of Reimbursements) Notes for this Due Period - --------------- ---------------- ---------------- ---------------- ---------------- ---------------- Nothing to report for this period. 7. Excess Spread/Early Redemption Event Trigger 1) 3 Month Average Surplus Finance Charge Collections 6.30% 2) Is the 3 Month Average Surplus Finance Charge Collections greater than 0.00% Yes Page 10 IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Report this 15 day of October, 2010. CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION, As Managing Beneficiary of Citibank Credit Card Issuance Trust and As Servicer of Citibank Credit Card Master Trust I By: /s/ Andrew Lubliner ____________________________________ Name: Andrew Lubliner Title: Authorized Representative Page 11