Jpmorgan Chase Bank, National Association 8-K Other Events

Exhibit 99.01

First USA Credit Card Master Trust

Trust Performance by Series - January 2005

Series		1996-4	1997-4	1997-8	1998-4	1998-6
Deal Size		$602MM	$602MM	$939MM	$843MM	$964MM
Expected Maturity		8/10/2006	6/17/2007	9/17/2007	7/18/2005	8/18/2008
Yield		14.64%	14.64%	14.64%	14.64%	14.64%
Less:	Coupon	2.73%	2.78%	2.73%	2.65%	2.99%
	Servicing Fee	1.50%	1.50%	1.50%	1.50%	1.50%
	Net Credit Losses	5.93%	5.93%	5.93%	5.93%	5.93%
Excess Spread:
	January-05	4.48%	4.43%	4.48%	4.56%	4.22%
	December-04	4.58%	4.55%	4.60%	4.68%	4.33%
	November-04	4.89%	4.88%	4.93%	4.99%	4.62%
Three Month Average Excess Spread		4.65%	4.61%	4.67%	4.75%	4.39%
Delinquency:
	30 to 59 Days	1.15%	1.15%	1.15%	1.15%	1.15%
	60 to 89 Days	0.84%	0.84%	0.84%	0.84%	0.84%
	90+ Days	1.87%	1.87%	1.87%	1.87%	1.87%
	Total	3.86%	3.86%	3.86%	3.86%	3.86%
Payment Rate		14.98%	14.98%	14.98%	14.98%	14.98%
Series		1998-8	1999-2	2001-1	2001-3	2001-4
Deal Size		$602MM	$602MM	$893MM	$750MM	$714MM
Expected Maturity		9/18/2005	2/21/2006	1/19/2006	3/20/2006	8/10/2006
Yield		14.64%	14.64%	14.64%	14.64%	14.64%
Less:	Coupon	2.72%	3.07%	2.73%	2.72%	2.66%
	Servicing Fee	1.50%	1.50%	1.50%	1.50%	1.50%
	Net Credit Losses	5.93%	5.93%	5.93%	5.93%	5.93%
Excess Spread:
	January-05	4.49%	4.14%	4.48%	4.49%	4.55%
	December-04	4.61%	4.26%	4.60%	4.61%	4.65%
	November-04	4.92%	4.54%	4.91%	4.92%	4.96%
Three Month Average Excess Spread		4.67%	4.31%	4.67%	4.67%	4.72%
Delinquency:
	30 to 59 Days	1.15%	1.15%	1.15%	1.15%	1.15%
	60 to 89 Days	0.84%	0.84%	0.84%	0.84%	0.84%
	90+ Days	1.87%	1.87%	1.87%	1.87%	1.87%
	Total	3.86%	3.86%	3.86%	3.86%	3.86%
Payment Rate		14.98%	14.98%	14.98%	14.98%	14.98%