Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - March 2011
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 | |||
Yield | 18.87 | % | ||
Less: Coupon | 0.61 | % | ||
Servicing Fee | 1.50 | % | ||
Net Credit Losses | 6.57 | % | ||
Excess Spread: | ||||
March-11 | 10.19 | % | ||
February-11 | 10.23 | % | ||
January-11 | 8.07 | % | ||
Three Month Average Excess Spread | 9.50 | % | ||
Delinquency: | ||||
30 to 59 Days | 0.84 | % | ||
60 to 89 Days | 0.60 | % | ||
90+ Days | 1.73 | % | ||
Total | 3.17 | % | ||
Principal Payment Rate | 22.19 | % |