Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - August 2009
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 | ||
Yield | 14.97 | % | |
Less: Coupon | 0.62 | % | |
Servicing Fee | 1.50 | % | |
Net Credit Losses | 10.07 | % | |
Excess Spread : | |||
August-09 | 2.78 | % | |
July-09 | 4.33 | % | |
June-09 | 2.72 | % | |
Three Month Average Excess Spread | 3.28 | % | |
Delinquency: | |||
30 to 59 Days | 1.60 | % | |
60 to 89 Days | 0.69 | % | |
90+ Days | 2.53 | % | |
Total | 4.82 | % | |
Principal Payment Rate | 16.06 | % |