Attached files
Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis October 2009
Series Deal Size Expected Maturity |
2003-4 $725MM 10/15/2013 |
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Yield |
15.04 | % | |
Less: Coupon |
0.60 | % | |
Servicing Fee |
1.50 | % | |
Net Credit Losses |
8.89 | % | |
Excess Spread : |
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October-09 |
4.05 | % | |
September-09 |
3.51 | % | |
August-09 |
2.78 | % | |
Three Month Average Excess Spread |
3.45 | % | |
Delinquency: |
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30 to 59 Days |
1.46 | % | |
60 to 89 Days |
1.16 | % | |
90+ Days |
2.67 | % | |
Total |
5.29 | % | |
Principal Payment Rate |
16.49 | % |