Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis – December 2012
Series | 2003-4 | |||
Deal Size | $725MM | |||
Expected Maturity | 10/15/2013 | |||
Yield | 18.27% | |||
Less: Coupon | 0.57% | |||
Servicing Fee | 1.50% | |||
Net Credit Losses | 3.40% | |||
Excess Spread : | ||||
December-12 | 12.80% | |||
November-12 | 12.60% | |||
October-12 | 12.20% | |||
Three Month Average Excess Spread | 12.53% | |||
Delinquency: | ||||
30 to 59 Days | 0.52% | |||
60 to 89 Days | 0.46% | |||
90+ Days | 0.93% | |||
Total | 1.91% | |||
Principal Payment Rate | 23.97% |