First Usa Credit Card Master Trust FWP Free writing prospectus

Filed Pursuant to Rule 433

Registration No. 333-145109

CHASE ISSUANCE TRUST

Class A(2009-5)

(REOPEN)

Transaction Summary

Issuing Entity:	Chase Issuance Trust
Notes Offered:	Class A(2009-5)
Principal Amount:	$320,000,000
Interest Rate:	One-Month LIBOR + 0.80% p.a.
Expected Issuance Date:	June 30, 2009
First Interest Payment Date:	July 15, 2009
Interest Payment Dates:	monthly on the 15th (unless the 15th is not a business day, in which case it will be the next business day)
Scheduled Principal Payment Date:	June 15, 2010
Legal Maturity Date:	June 15, 2012
Price to Public:	$320,000,000 (or 100.0000%)*
Underwriting Discount:	$560,000 (or 0.1750%)
Proceeds to the Issuing Entity:	$319,440,000 (or 99.8250%)*
Selling Concessions:	0.1050%
Reallowance:	0.0525%
Weighted Average Life:	0.958 year
ERISA Eligible:	Yes (subject to important considerations described in the prospectus)
Anticipated Ratings: (Standard & Poor’s/Fitch/Moody’s)	AAA/AAA/Aaa
Lead Underwriter:	J.P. Morgan Securities Inc.

* The price to public and proceeds to the issuing entity set forth above do not include accrued interest on these Class A(2009-5) notes which must be paid by the purchasers.

The issuing entity has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuing entity has filed with the SEC for more complete information about the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Chase Bank USA, National Association, the issuing entity, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (866) 669-7629 or by emailing the ABS Syndicate Desk atabs_synd@jpmorgan.com.