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

Attached files

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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, 2010 DISTRIBUTION - JPMorgan Chase Bank, National Associationdex992.htm

 

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - September 2010

 

Series

Deal Size

Expected Maturity

    2003-4
$725MM
10/15/2013		  

Yield

         17.66 % 

Less:

   

Coupon

      0.61 % 
  

Servicing Fee

      1.50 % 
  

Net Credit Losses

      8.05 % 

Excess Spread :

   
  

September-10

      7.50 % 
  

August-10

      6.74 % 
  

July-10

      7.33 % 

Three Month Average Excess Spread

      7.19 % 

Delinquency:

   
  

30 to 59 Days

      1.01 % 
  

60 to 89 Days

      0.82 % 
  

90+ Days

      2.09 % 
  

Total

      3.92 % 

Principal Payment Rate

      19.71 %