CC Master Credit Card Trust Ii 8-K Financial statements and exhibits

Jan-2003 1995-C Page 1

Exhibit 99.3

MONTHLY STATEMENT TO CERTIFICATEHOLDERS

SERIES 1995-C

CC MASTER CREDIT CARD TRUST II

(Formerly Chevy Chase Master Credit Card Trust II)

RECEIVABLES
Beginning of the Month Principal Receivables:	$2,599,321,035.99
Beginning of the Month Finance Charge Receivables:	$123,320,345.99
Beginning of the Month Discounted Receivables:	$0.00
Beginning of the Month Total Receivables:	$2,722,641,381.98
Removed Principal Receivables:	$0.00
Removed Finance Charge Receivables:	$0.00
Removed Total Receivables:	$0.00
Additional Principal Receivables:	$0.00
Additional Finance Charge Receivables:	$0.00
Additional Total Receivables:	$0.00
Discounted Receivables Generated this Period:	$0.00
End of the Month Principal Receivables:	$2,567,455,562.28
End of the Month Finance Charge Receivables:	$122,708,870.62
End of the Month Discounted Receivables:	$0.00
End of the Month Total Receivables:	$2,690,164,432.90
Special Funding Account Balance	$0.00
Aggregate Adjusted Invested Amount (all Master Trust II Series)	$682,000,000.00
End of the Month Transferor Amount	$1,885,455,562.28
End of the Month Transferor Percentage	73.44%
DELINQUENCIES AND LOSSES
End of the Month Delinquencies:
30-59 Days Delinquent	$63,323,264.49
60-89 Days Delinquent	$44,686,583.15
90+ Days Delinquent	$89,992,087.91
Total 30+ Days Delinquent	$198,001,935.55
Delinquent Percentage	7.36%
Defaulted Accounts During the Month	$16,694,393.33
Annualized Default Percentage	7.71%

Jan-2003 1995-C Page 2

Principal Collections	$298,475,482.12
Principal Payment Rate	11.48%
Total Payment Rate	12.29%
INITIAL INVESTED AMOUNTS
Class A Initial Invested Amount	$322,000,000.00
Class B Initial Invested Amount	$28,000,000.00
TOTAL INITIAL INVESTED AMOUNT	$350,000,000.00
INVESTED AMOUNTS, as of February 18, 2003
Class A Invested Amount	$0.00
Class B Invested Amount	$0.00
TOTAL INVESTED AMOUNT	$0.00
ADJUSTED INVESTED AMOUNTS, as of February 18, 2003
Class A Adjusted Invested Amount	$0.00
Class B Adjusted Invested Amount	$0.00
TOTAL ADJUSTED INVESTED AMOUNT	$0.00
FLOATING ALLOCATION PERCENTAGE	1.23%
PRINCIPAL ALLOCATION PERCENTAGE	15.39%
MONTHLY SERVICING FEE	$20,000.00
INVESTOR DEFAULT AMOUNT	$205,523.12
CLASS A AVAILABLE FUNDS
CLASS A FLOATING ALLOCATION PERCENTAGE	0.00%
Class A Finance Charge Collections	$0.00
Other Amounts	$0.00
TOTAL CLASS A AVAILABLE FUNDS	$0.00
Class A Monthly Interest	$0.00
Class A Servicing Fee	$0.00
Class A Investor Default Amount	$0.00
TOTAL CLASS A EXCESS SPREAD	$0.00
REQUIRED AMOUNT	$0.00

Jan-2003 1995-C Page 3

CLASS B AVAILABLE FUNDS
CLASS B FLOATING ALLOCATION PERCENTAGE	100.00%
Class B Finance Charge Collections	$509,636.83
Other Amounts	$0.00
TOTAL CLASS B AVAILABLE FUNDS	$509,636.83
Class B Monthly Interest	$53,040.00
Class B Servicing Fee	$20,000.00
TOTAL CLASS B EXCESS SPREAD	$436,596.83
EXCESS SPREAD
TOTAL EXCESS SPREAD	$436,596.83
Excess Spread Applied to Required Amount	$0.00
Excess Spread Applied to Class A Investor Charge Offs	$0.00
Excess Spread Applied to Class B Interest, Servicing Fee, and Default Amount	$205,523.12
Excess Spread Applied to Class B Reductions of Class B Investe	$0.00
Excess Spread Applied to Monthly Cash Collateral Fee	$0.00
Excess Spread Applied to Cash Collateral Account	$0.00
Excess Spread Applied to Reserve Account	$16,329.88
Excess Spread Applied to other amounts owed to Cash Collateral Depositor	$0.00
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE FOR GROUP I	$214,743.83

Jan-2003 1995-C Page 4

EXCESS FINANCE CHARGE COLLECTIONS — GROUP I
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES IN GROUP I	$4,599,574.32
SERIES 1995-C EXCESS FINANCE CHARGE COLLECTIONS
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO SERIES 1995-C	$0.00
Excess Finance Charge Collections applied to             Required Amount	$0.00
Excess Finance Charge Collections applied to             Class A Investor Charge Offs	$0.00
Excess Finance Charge Collections applied to             Class B Interest, Servicing Fee, and Default Items	$0.00
Excess Finance Charge Collections applied to Reductions of             Class B Invested Amount	$0.00
Excess Finance Charge Collections applied to             Monthly Cash Collateral Fee	$0.00
Excess Finance Charge Collections applied to             Cash Collateral Account	$0.00
Excess Finance Charge Collections applied to             Reserve Account	$0.00
Excess Finance Charge Collections applied to             other amounts owed Cash Collateral Depositor	$0.00
YIELD AND BASE RATE
Base Rate (Current Month)	3.76%
Base Rate (Prior Month)	3.81%
Base Rate (Two Months Ago)	3.65%
THREE MONTH AVERAGE BASE RATE	3.74%
Portfolio Yield (Current Month)	11.40%
Portfolio Yield (Prior Month)	3.39%
Portfolio Yield (Two Months Ago)	6.80%
THREE MONTH AVERAGE PORTFOLIO YIELD	7.20%

Jan-2003 1995-C Page 5

PRINCIPAL COLLECTIONS
CLASS A PRINCIPAL PERCENTAGE	92.00%
Class A Principal Collections	$42,256,795.49
CLASS B PRINCIPAL PERCENTAGE	8.00%
Class B Principal Collections	$3,674,503.96
TOTAL PRINCIPAL COLLECTIONS	$45,931,299.45
INVESTOR DEFAULT AMOUNT	$205,523.12
REALLOCATED PRINCIPAL COLLECTIONS	$0.00
SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER SERIES	$0.00
CLASS A ACCUMULATION
Controlled Accumulation Amount	$0.00
Deficit Controlled Accumulation Amount	$0.00
CONTROLLED DISTRIBUTION AMOUNT	$0.00
CLASS B ACCUMULATION
Controlled Accumulation Amount	$16,000,000.00
Deficit Controlled Accumulation Amount	$0.00
CONTROLLED DISTRIBUTION AMOUNT	$16,000,000.00
EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR PRINCIPAL SHARING	$30,136,822.57
INVESTOR CHARGE OFFS
CLASS A INVESTOR CHARGE OFFS	$0.00
CLASS B INVESTOR CHARGE OFFS	$0.00
PREVIOUS CLASS A CHARGE OFFS REIMBURSED	$0.00
PREVIOUS CLASS B CHARGE OFFS REIMBURSED	$0.00
CASH COLLATERAL ACCOUNT
Required Cash Collateral Amount	$0.00
Available Cash Collateral Amount	$4,000,000.00

Jan-2003 1995-C Page 6

INTEREST RATE CAP PAYMENTS
Class A Interest Rate Cap Payments	$0.00
Class B Interest Rate Cap Payments	$0.00
TOTAL DRAW AMOUNT	$0.00
CASH COLLATERAL ACCOUNT SURPLUS	$4,000,000.00

Bank One, Delaware, National Association (Formerly First USA Bank, National Association) as Servicer
By:	/s/    MICHAEL J. GRUBB
	Michael J. Grubb
	First Vice President