Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - December 2010
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 | |||||
Yield | 18.58 | % | ||||
Less: | Coupon | 0.62 | % | |||
Servicing Fee | 1.50 | % | ||||
Net Credit Losses | 7.10 | % | ||||
Excess Spread : | ||||||
December-10 | 9.36 | % | ||||
November-10 | 8.23 | % | ||||
October-10 | 8.32 | % | ||||
Three Month Average Excess Spread | 8.64 | % | ||||
Delinquency: | ||||||
30 to 59 Days | 0.91 | % | ||||
60 to 89 Days | 0.76 | % | ||||
90+ Days | 1.98 | % | ||||
Total | 3.65 | % | ||||
Principal Payment Rate | 21.46 | % |