Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - August 2011
Series | 2003-4 | |||||
Deal Size | $725MM | |||||
Expected Maturity | 10/15/2013 | |||||
Yield | 17.76 | % | ||||
Less: Coupon | 0.57 | % | ||||
Servicing Fee | 1.50 | % | ||||
Net Credit Losses | 4.82 | % | ||||
Excess Spread : | ||||||
August-11 | 10.87 | % | ||||
July-11 | 11.67 | % | ||||
June-11 | 11.87 | % | ||||
Three Month Average Excess Spread | 11.47 | % | ||||
Delinquency: | ||||||
30 to 59 Days | 0.71 | % | ||||
60 to 89 Days | 0.54 | % | ||||
90+ Days | 1.29 | % | ||||
Total | 2.54 | % | ||||
Principal Payment Rate | 22.38 | % |