JPMorgan Chase Bank, National Association - FORM 8-K - EX-99.1 - EXCESS SPREAD ANALYSIS - March 15, 2011

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 MARCH 15, 2011 DISTRIBUTION - JPMorgan Chase Bank, National Associationdex992.htm

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - February 2011

 

Series

Deal Size

Expected Maturity

    2003-4
$725MM
10/15/2013		  

Yield

      18.53 % 

Less: Coupon

      0.62 % 

Servicing Fee

      1.50 % 

Net Credit Losses

      6.18 % 

Excess Spread:

   

February-11

      10.23 % 

January-11

      8.07 % 

December-10

      9.36 % 

Three Month Average Excess Spread

      9.22 % 

Delinquency:

   

30 to 59 Days

      0.81 % 

60 to 89 Days

      0.67 % 

90+ Days

      1.94 % 

Total

      3.42 % 

Principal Payment Rate

      19.63 %