JPMorgan Chase Bank, National Association - FORM 8-K - EX-99.1 - EXCESS SPREAD ANALYSIS - January 15, 2010

Attached files

file	filename
8-K - FORM 8-K - JPMorgan Chase Bank, National Association	d8k.htm
EX-99.2 - MONTHLY REPORTS WITH RESPECT TO THE JANUARY 15, 2010 DISTRIBUTION - JPMorgan Chase Bank, National Association	dex992.htm

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - December 2009


Series Deal Size Expected Maturity		2003-4 $725MM 10/15/2013
Yield		16.23	%
Less: Coupon		0.59	%
Servicing Fee		1.50	%
Net Credit Losses		7.58	%
Excess Spread :
December-09		6.56	%
November-09		3.73	%
October-09		4.05	%
Three Month Average Excess Spread		4.78	%

Delinquency:
30 to 59 Days		1.19	%
60 to 89 Days		1.03	%
90+ Days		3.05	%
Total		5.27	%
Principal Payment Rate		17.82	%