First Usa Credit Card Master Trust Inactive
Filed: 16 Sep 09, 12:00am
Filed Pursuant to Rule 433
Registration No. 333-145109
CHASE ISSUANCE TRUST
Class A(2009-7)
Transaction Summary
| Issuing Entity: | Chase Issuance Trust | |
| Notes Offered: | Class A(2009-7) | |
| Principal Amount: | $2,525,000,000 | |
| Interest Rate: | One-Month LIBOR + 0.45 % p.a. | |
| Expected Issuance Date: | September 23, 2009 | |
| First Interest Payment Date: | October 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: | September 15, 2010 | |
| Legal Maturity Date: | September 17, 2012 | |
| Price to Public: | $2,525,000,000 (or 100.0000%) | |
| Underwriting Discount: | $4,418,750 (or 0.1750%) | |
| Proceeds to the Issuing Entity: | $2,520,581,250 (or 99.8250%) | |
| Selling Concessions: | 0.1050% | |
| Reallowance: | 0.0525% | |
| Weighted Average Life: | 0.978 year | |
| ERISA Eligible: | Yes (subject to important considerations described in the prospectus) | |
Anticipated Ratings: (Fitch/Moody’s) | AAA/Aaa | |
| Lead Underwriter: | J.P. Morgan Securities Inc. | |
| Co-Managers: | Barclays Capital Inc. Credit Suisse Securities (USA) LLC | |
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.