Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - January 2010
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 | ||||
Yield | 14.97 | % | |||
Less: | Coupon | 0.59 | % | ||
Servicing Fee | 1.50 | % | |||
Net Credit Losses | 11.93 | % | |||
Excess Spread : | |||||
January-10 | 0.95 | % | |||
December-09 | 6.56 | % | |||
November-09 | 3.73 | % | |||
Three Month Average Excess Spread | 3.75 | % | |||
Delinquency: | |||||
30 to 59 Days | 1.15 | % | |||
60 to 89 Days | 1.02 | % | |||
90+ Days | 2.83 | % | |||
Total | 5.00 | % | |||
Principal Payment Rate | 17.64 | % |