Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - October 2010
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 | |||||
Yield | 17.69 | % | ||||
Less: | Coupon | 0.61 | % | |||
Servicing Fee | 1.50 | % | ||||
Net Credit Losses | 7.26 | % | ||||
Excess Spread : | ||||||
October-10 | 8.32 | % | ||||
September-10 | 7.50 | % | ||||
August-10 | 6.74 | % | ||||
Three Month Average Excess Spread | 7.52 | % | ||||
Delinquency: | ||||||
30 to 59 Days | 1.08 | % | ||||
60 to 89 Days | 0.78 | % | ||||
90+ Days | 2.05 | % | ||||
Total | 3.91 | % | ||||
Principal Payment Rate | 19.72 | % |