Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - October 2012
Series | 2003-4 | |
Deal Size | $725MM | |
Expected Maturity | 10/15/2013 |
Yield | 17.83 | % | ||||
Less: | Coupon | 0.57 | % | |||
Servicing Fee | 1.50 | % | ||||
Net Credit Losses | 3.56 | % | ||||
Excess Spread: | ||||||
October-12 | 12.20 | % | ||||
September-12 | 11.81 | % | ||||
August-12 | 12.42 | % | ||||
Three Month Average Excess Spread | 12.14 | % | ||||
Delinquency: | ||||||
30 to 59 Days | 0.60 | % | ||||
60 to 89 Days | 0.46 | % | ||||
90+ Days | 0.91 | % | ||||
Total | 1.97 | % | ||||
Principal Payment Rate | 23.48 | % |