fwp.htm

Issuing Entity:	Citibank Credit Card Issuance Trust
Principal Amount:	$800,000,000
Initial Nominal Liquidation Amount:	Principal Amount
Ratings:	A or its equivalent by at least one nationally recognized rating agency
Interest Rate:	One-month LIBOR plus 0.62% per annum (for the initial interest period LIBOR will be interpolated between one-month and two-month LIBOR)
Expected Principal Payment Date:	November 7, 2012
Legal Maturity Date:	November 7, 2014
Expected Issuance Date:	October 31, 2007
Date Interest begins to accrue:	Issuance Date
Interest Payment Dates:	7th day of each month, beginning December 2007; provided, however, that if an event of default or early redemption event occurs with respect to these Class B notes, or if these Class B notes are not paid in full on the expected principal payment date, the issuance trust will begin making principal and interest payments on the 7th day of every month
Price to Public:	$800,000,000 (or 100.00%)
Underwriting Discount:	$2,000,000 (or 0.25%)
Proceeds to issuance trust:	$798,000,000 (or 99.75%)
Underwriters and allocations:	Citi, $268,000,000 Merrill Lynch & Co., $266,000,000 RBS Greenwich Capital, $266,000,000
Underwriters’ Concession:	0.20%
Reallowance Concession:	0.12%
Minimum Class C Note Subordination:	An amount of principal of Class C notes equal to at least 7.52688% of the initial dollar principal amount of these Class B notes must be outstanding and available to provide subordination protection to these Class B notes at the time these Class B notes are issued.
Maximum Class C Note Subordination:	An amount equal to133.33333% of the initial dollar principal amount of these Class B notes
Minimum Denomination:	$100,000 and multiples of $1,000 in excess of that amount
Stock Exchange Listing:	Application will be made to list on the Irish Stock Exchange
Outstanding Notes of the Citiseries:	As of October 24, 2007, there were 75 subclasses of notes of the Citiseries outstanding, with an aggregate outstanding principal amount of $66,610,249,918, consisting of:
	Class A notes Class B notes Class C notes	$59,080,249,918 $ 2,907,000,000 $ 4,623,000,000
	As of October 24, 2007, the weighted average interest rate payable by the issuance trust in respect of the outstanding subclasses of notes of the Citiseries was 5.46% per annum, consisting of:
	Class A notes Class B notes Class C notes	5.45% per annum 5.31% per annum 5.72% per annum
Master Trust Assets and Receivables:	The aggregate amount of credit card receivables in the master trust as of June 24, 2007 was $74,516,653,322, of which $73,554,874,807 were principal receivables and $961,778,515 were finance charge receivables.
Annex I:	The information presented in Annex I to the prior prospectus supplement has been superseded by the information presented in a Form 8-K filed with the SEC by Citibank Credit Card Master Trust I, the issuer of the collateral certificate, on August 7, 2007. Static pool information concerning losses, delinquencies, revenue yield and payment rate for the master trust receivables has been stored by Citibank (South Dakota) since January 2006 and can be found at www.citigroup.com/citigroup/citibankmastertrust/staticpool.

The issuance trust has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and the prior prospectus supplement and other documents the issuance trust has filed with the SEC for more complete information about the issuance trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. The file number of the issuance trust's registration statement is 333-131355. Alternatively, the issuance trust, any underwriter or any dealer participating in the offering will arrange to send to you the prospectus and the prior prospectus supplement if you request it by calling 605-331-1567, which you may call collect.