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

Exhibit 99.3

MONTHLY STATEMENT TO CERTIFICATEHOLDERS

SERIES 1996-C

CC MASTER CREDIT CARD TRUST II

(Formerly Chevy Chase Master Credit Card Trust II)

RECEIVABLES
Beginning of the Month Principal Receivables:	$2,316,944,372.04
Beginning of the Month Finance Charge Receivables:	$102,272,943.02
Beginning of the Month Discounted Receivables:	$0.00
Beginning of the Month Total Receivables:	$2,419,217,315.06
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:	$2,286,043,478.79
End of the Month Finance Charge Receivables:	$102,460,949.27
End of the Month Discounted Receivables:	$0.00
End of the Month Total Receivables:	$2,388,504,428.06
Special Funding Account Balance	$0.00
Aggregate Adjusted Invested Amount (all Master Trust II Series)	$136,000,000.02
End of the Month Transferor Amount	$2,150,043,478.77
End of the Month Transferor Percentage	94.05%
DELINQUENCIES AND LOSSES
End of the Month Delinquencies:
30-59 Days Delinquent	$50,146,941.97
60-89 Days Delinquent	$37,154,585.16
90+ Days Delinquent	$83,193,310.32
Total 30+ Days Delinquent	$170,494,837.45
Delinquent Percentage	7.14%
Defaulted Accounts During the Month	$15,665,563.72
Annualized Default Percentage	8.11%

Sep-2003 1996-C Page 2

Principal Collections	$272,622,359.89
Principal Payment Rate	11.77%
Total Payment Rate	12.51%
INVESTED AMOUNTS
Class A Initial Invested Amount	$184,500,000.00
Class B Initial Invested Amount	$19,125,000.00
Class C Initial Invested Amount	$21,375,000.00
INITIAL INVESTED AMOUNT	$225,000,000.00
Class A Invested Amount	$246,000,000.00
Class B Invested Amount	$25,500,000.00
Class C Invested Amount	$28,500,000.00
INVESTED AMOUNT	$300,000,000.00
Class A Adjusted Invested Amount	$54,666,666.69
Class B Adjusted Invested Amount	$25,500,000.00
Class C Adjusted Invested Amount	$28,500,000.00
ADJUSTED INVESTED AMOUNT	$108,666,666.69
PREFUNDED AMOUNT	$0.00
FLOATING ALLOCATION PERCENTAGE	7.05%
PRINCIPAL ALLOCATION PERCENTAGE	12.95%
Class A Principal Allocation Percentage	82.00%
Class B Principal Allocation Percentage	8.50%
Class C Principal Allocation Percentage	9.50%
COLLECTIONS OF PRINCIPAL RECEIVABLES DURING THE MONTHLY PERIOD ALLOCATED TO SERIES 1996-C	$35,299,383.51
COLLECTIONS OF FINANCE CHARGE RECEIVABLES DURING THE MONTHLY PERIOD ALLOCATED TO SERIES 1996-C	$2,105,253.12
MONTHLY SERVICING FEE	$170,000.00
INVESTOR DEFAULT AMOUNT	$1,104,346.21

Sep-2003 1996-C Page 3

CLASS A AVAILABLE FUNDS
CLASS A FLOATING ALLOCATION PERCENTAGE	66.94%
Class A Finance Charge Collections	$1,888,930.66
Other Amounts	$0.00
TOTAL CLASS A AVAILABLE FUNDS	$1,888,930.66
Class A Monthly Interest	$258,300.00
Class A Servicing Fee	$102,500.00
Class A Investor Default Amount	$739,235.83
TOTAL CLASS A EXCESS SPREAD	$788,894.83
CLASS A REQUIRED AMOUNT	$0.00
CLASS B AVAILABLE FUNDS
CLASS B FLOATING ALLOCATION PERCENTAGE	15.61%
Class B Finance Charge Collections	$360,552.27
Other Amounts	$0.00
TOTAL CLASS B AVAILABLE FUNDS	$360,552.27
Class B Monthly Interest	$31,768.75
Class B Servicing Fee	$31,875.00
TOTAL CLASS B EXCESS SPREAD	$296,908.52
CLASS B INVESTOR DEFAULT AMOUNT	$172,413.23
CLASS B REQUIRED AMOUNT	$172,413.23
CLASS C FLOATING ALLOCATION PERCENTAGE	17.45%
CLASS C MONTHLY SERVICING FEE	$35,625.00

Sep-2003   1996-C Page 4

EXCESS SPREAD
TOTAL EXCESS SPREAD	$	1,453,148.54
Excess Spread Applied to Class A Required Amount		$0.00
Excess Spread Applied to Class A Investor Charge Offs		$0.00
Excess Spread Applied to Class B Required Amount		$172,413.23
Excess Spread Applied to Reductions of Class B
Invested Amount		$0.00
Excess Spread Applied to Class C Required Amount		$241,859.65
Excess Spread Applied to Reductions of Class C
Invested Amount		$0.00
Excess Spread Applied to Monthly Cash Collateral Fee		$62,500.00
Excess Spread Applied to Cash Collateral Account		$0.00
Excess Spread Applied to Spread Account		$976,375.66
Excess Spread Applied to Reserve Account		$0.00
Excess Spread Applied to other amounts owed to Cash Collateral Depositor		$0.00
Excess Spread Applied to other amounts owed to Spread Account Residual Interest Holders		$0.00
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE FOR GROUP I		$0.00

Sep-2003 1996-C Page 5

EXCESS FINANCE CHARGE COLLECTIONS—GROUP I
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES IN GROUP I	$0.00
SERIES 1996-C EXCESS FINANCE CHARGE COLLECTIONS
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO SERIES 1996-C	$0.00
Excess Finance Charge Collections applied to Class A 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 Required Amount	$0.00
Excess Finance Charge Collections applied to Reductions of Class B Invested Amount	$0.00
Excess Finance Charge Collections applied to Class C Required Amount	$0.00
Excess Finance Charge Collections applied to Reductions of Class C Invested Amount	$0.00
Excess Finance Charge Collections applied to Monthly Cash Collateral Fee	$0.00
Excess Finance Charge Collections applied to other amounts owed Cash Collateral Depositor	$0.00
Excess Finance Charge Collections applied to other amounts owed to Spread Account Residual Interest Holders	$0.00
YIELD AND BASE RATE
Base Rate (Current Month)	2.26%
Base Rate (Prior Month)	2.48%
Base Rate (Two Months Ago)	2.66%
THREE MONTH AVERAGE BASE RATE	2.47%
Portfolio Yield (Current Month)	6.19%
Portfolio Yield (Prior Month)	7.88%
Portfolio Yield (Two Months Ago)	8.24%
THREE MONTH AVERAGE PORTFOLIO YIELD	7.44%

Sep-2003 1996-C Page 6

PRINCIPAL COLLECTIONS
TOTAL PRINCIPAL COLLECTIONS	$	35,299,383.51
INVESTOR DEFAULT AMOUNT		$1,104,346.21
REALLOCATED PRINCIPAL COLLECTIONS
Allocable to Class C Interests		$0.00
Allocable to Class B Certificates		$0.00
SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER SERIES		$0.00
CLASS A SCHEDULED ACCUMULATION—
Controlled Accumulation Amount	$	27,333,333.33
Deficit Controlled Accumulation Amount		$0.00
CONTROLLED DEPOSIT AMOUNT	$	27,333,333.33
CLASS B SCHEDULED ACCUMULATION—
Controlled Accumulation Amount		$0.00
Deficit Controlled Accumulation Amount		$0.00
CONTROLLED DEPOSIT AMOUNT		$0.00
EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR
PRINCIPAL SHARING	$	9,070,396.39
INVESTOR CHARGE OFFS
CLASS A INVESTOR CHARGE OFFS		$0.00
CLASS B INVESTOR CHARGE OFFS		$0.00
CLASS C INVESTOR CHARGE OFFS		$0.00
PREVIOUS CLASS A CHARGE OFFS REIMBURSED		$0.00
PREVIOUS CLASS B REDUCTIONS REIMBURSED		$0.00
PREVIOUS CLASS C REDUCTIONS REIMBURSED		$0.00
CASH COLLATERAL ACCOUNT
Required Cash Collateral Amount		$3,260,000.00
Available Cash Collateral Amount		$4,080,000.00
TOTAL DRAW AMOUNT		$0.00
CASH COLLATERAL ACCOUNT SURPLUS		$820,000.00

Bank One, Delaware, National Association (Formerly First USA Bank, National Association) as Servicer

By:	/s/    RANDY J. REDCAY
	Randy J. Redcay First Vice President