Exhibit 99.2
Chase Bank USA, N.A.
Monthly Certificateholder’s Statement
Chase Credit Card Master Trust
Series 2003-4
Section 5.2 - Supplement | Distribution Period | 05/16/2011 Revolving | ||||||||||||||||
(i) | Monthly Principal Distributed | 0.00 | 0.00 | |||||||||||||||
(ii) | Monthly Interest Distributed | |||||||||||||||||
Class A Note Interest Requirement | 240,576.15 | |||||||||||||||||
Class B Note Interest Requirement | 37,965.58 | |||||||||||||||||
Net Class C Note Interest Requirement | 81,698.90 | 360,240.63 | ||||||||||||||||
(iii) | Collections of Principal Receivables | 148,841,044.40 | ||||||||||||||||
(iv) | Collections of Finance Charge Receivables | 11,193,716.44 | ||||||||||||||||
(v) | Aggregate Amount of Principal Receivables | 1,293,371,834.93 | ||||||||||||||||
Investor Interest | 725,000,000.00 | |||||||||||||||||
Adjusted Interest | 725,000,000.00 | |||||||||||||||||
Floating Investor Percentage | 56.06 | % | ||||||||||||||||
Fixed Investor Percentage | 56.06 | % | ||||||||||||||||
(vi) | Receivables Delinquent (As % of Total Receivables) | |||||||||||||||||
Current to 29 days | 97.05 | % | ||||||||||||||||
30 to 59 days | 0.76 | % | ||||||||||||||||
60 to 89 days | 0.66 | % | ||||||||||||||||
90 or more days | 1.53 | % | ||||||||||||||||
Total Receivables | 100.00 | % | ||||||||||||||||
(vii) | Investor Default Amount | 4,351,992.32 | ||||||||||||||||
(viii) | Investor Charge-Offs | 0.00 | ||||||||||||||||
(ix) | Reimbursed Investor Charge-Offs | 0.00 | ||||||||||||||||
(x) | Net Investor Servicing Fee | 302,083.33 | ||||||||||||||||
(xi) | Portfolio Yield (Net of Defaulted Receivables) | 11.58 | % | |||||||||||||||
(xii) | Reallocated Principal Collections | 0.00 | ||||||||||||||||
(xiii) | Accumulation Shortfall | 0.00 | ||||||||||||||||
(xiv) | Principal Funding Investment Proceeds | 0.00 | ||||||||||||||||
(xv) | Principal Funding Investment Shortfall | 0.00 | ||||||||||||||||
(xvi) | Available Investor Finance Charge Collections | 10,589,549.77 | ||||||||||||||||
(xvii) | Note Rate | Class A | 0.45875 | % | ||||||||||||||
Class B | 0.86875 | % | ||||||||||||||||
Class C | 1.46875 | % | ||||||||||||||||
(xviii) | Spread Account | 7,250,000.00 |
By: | /s/ Patricia M. Garvey | |
Name: | Patricia M. Garvey | |
Title: | Vice President |