Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - September 2009
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 | ||
Yield | 14.92 | % | |
Less: Coupon | 0.59 | % | |
Servicing Fee | 1.50 | % | |
Net Credit Losses | 9.32 | % | |
Excess Spread : | |||
September-09 | 3.51 | % | |
August-09 | 2.78 | % | |
July-09 | 4.33 | % | |
Three Month Average Excess Spread | 3.54 | % | |
Delinquency: | |||
30 to 59 Days | 1.36 | % | |
60 to 89 Days | 1.41 | % | |
90+ Days | 2.24 | % | |
Total | 5.01 | % | |
Principal Payment Rate | 16.19 | % |