Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - February 2011
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 | |||
Yield | 18.53 | % | ||
Less: Coupon | 0.62 | % | ||
Servicing Fee | 1.50 | % | ||
Net Credit Losses | 6.18 | % | ||
Excess Spread: | ||||
February-11 | 10.23 | % | ||
January-11 | 8.07 | % | ||
December-10 | 9.36 | % | ||
Three Month Average Excess Spread | 9.22 | % | ||
Delinquency: | ||||
30 to 59 Days | 0.81 | % | ||
60 to 89 Days | 0.67 | % | ||
90+ Days | 1.94 | % | ||
Total | 3.42 | % | ||
Principal Payment Rate | 19.63 | % |