JPMorgan Chase Bank, National Association - FORM 8-K - EX-99.1 - EXCESS SPREAD ANALYSIS - May 16, 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 MAY 16, 2011 DISTRIBUTION - JPMorgan Chase Bank, National Associationdex992.htm

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - April 2011

 

Series

Deal Size

Expected Maturity

    2003-4
$725MM
10/15/2013		  

Yield

      17.68 % 

Less: Coupon

      0.58 % 

Servicing Fee

      1.50 % 

Net Credit Losses

      6.11 % 

Excess Spread:

   

April-11

      9.49 % 

March-11

      10.19 % 

February-11

      10.23 % 

Three Month Average Excess Spread

      9.97 % 

Delinquency:

   

30 to 59 Days

      0.76 % 

60 to 89 Days

      0.66 % 

90+ Days

      1.53 % 

Total

      2.95 % 

Principal Payment Rate

      20.53 %