JPMorgan Chase Bank, National Association - FORM 8-K - EX-99.1 - EXCESS SPREAD ANALYSIS - October 15, 2009

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8-K - FORM 8-K - JPMorgan Chase Bank, National Associationd8k.htm
EX-99.2 - MONTHLY REPORTS WITH RESPECT TO THE OCTOBER 15, 2009 DISTRIBUTION - JPMorgan Chase Bank, National Associationdex992.htm

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - September 2009

 

Series

Deal Size

Expected Maturity

    2003-4
$725MM
10/15/2013		  

Yield

    14.92 % 

Less: Coupon

    0.59 % 

Servicing Fee

    1.50 % 

Net Credit Losses

    9.32 % 

Excess Spread :

   

September-09

    3.51 % 

August-09

    2.78 % 

July-09

    4.33 % 

Three Month Average Excess Spread

    3.54 % 

Delinquency:

   

30 to 59 Days

    1.36 % 

60 to 89 Days

    1.41 % 

90+ Days

    2.24 % 

Total

    5.01 % 

Principal Payment Rate

    16.19 %