Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis—August 2012
Series | 2003-4 | |||||
Deal Size | $725MM | |||||
Expected Maturity | 10/15/2013 | |||||
Yield | 18.17 | % | ||||
Less: | Coupon | 0.60 | % | |||
Servicing Fee | 1.50 | % | ||||
Net Credit Losses | 3.65 | % | ||||
Excess Spread : | ||||||
August-12 | 12.42 | % | ||||
July-12 | 11.13 | % | ||||
June-12 | 11.82 | % | ||||
Three Month Average Excess Spread | 11.79 | % | ||||
Delinquency: | ||||||
30 to 59 Days | 0.56 | % | ||||
60 to 89 Days | 0.43 | % | ||||
90+ Days | 0.91 | % | ||||
Total | 1.90 | % | ||||
Principal Payment Rate | 24.07 | % |