Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis—December 2011
Series | 2003-4 | |||
Deal Size | $ | 725MM | ||
Expected Maturity | 10/15/2013 |
Yield | 17.85 | % | ||
Less: Coupon | 0.64 | % | ||
Servicing Fee | 1.50 | % | ||
Net Credit Losses | 4.51 | % | ||
Excess Spread : | ||||
December-11 | 11.20 | % | ||
November-11 | 11.57 | % | ||
October-11 | 11.18 | % | ||
Three Month Average Excess Spread | 11.32 | % | ||
Delinquency: | ||||
30 to 59 Days | 0.66 | % | ||
60 to 89 Days | 0.51 | % | ||
90+ Days | 1.28 | % | ||
Total | 2.45 | % | ||
Principal Payment Rate | 22.23 | % |