SUBJECT TO REVISION

SERIES TERM SHEET DATED OCTOBER 15, 2001

[FLEET LOGO]

FLEET CREDIT CARD MASTER TRUST II
ISSUER

FLEET BANK (RI), NATIONAL ASSOCIATION
SELLER AND SERVICER

$684,000,000 CLASS A % ASSET-BACKED CERTIFICATES, SERIES 2001-C
$48,000,000 CLASS B % ASSET-BACKED CERTIFICATES, SERIES 2001-C

THE CLASS A % ASSET-BACKED CERTIFICATES, SERIES 2001-C AND THE CLASS B
% ASSET-BACKED CERTIFICATES, SERIES 2001-C REPRESENT INTERESTS IN THE FLEET
CREDIT CARD MASTER TRUST II ONLY AND DO NOT AND WILL NOT REPRESENT INTERESTS IN
OR OBLIGATIONS OF FLEET BANK (RI), NATIONAL ASSOCIATION OR ANY OF ITS
AFFILIATES.

A CERTIFICATE IS NOT A DEPOSIT AND NEITHER THE CERTIFICATES NOR THE
UNDERLYING ACCOUNTS OR RECEIVABLES ARE INSURED OR GUARANTEED BY THE FEDERAL
DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY.

THIS SERIES TERM SHEET CONTAINS STRUCTURAL AND COLLATERAL INFORMATION ABOUT
THE CERTIFICATES; HOWEVER, THIS SERIES TERM SHEET DOES NOT CONTAIN COMPLETE
INFORMATION ABOUT THE CERTIFICATES. THE INFORMATION PROVIDED IN THIS SERIES TERM
SHEET IS PRELIMINARY AND WILL BE SUPERSEDED BY THE INFORMATION CONTAINED IN THE
PROSPECTUS SUPPLEMENT AND THE PROSPECTUS. ADDITIONAL INFORMATION WILL BE
CONTAINED IN THE PROSPECTUS SUPPLEMENT AND THE PROSPECTUS. PURCHASERS ARE URGED
TO READ BOTH THE PROSPECTUS SUPPLEMENT AND THE PROSPECTUS.

THIS SERIES TERM SHEET SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE
SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF THESE SECURITIES
IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR
TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH STATE.
SALES OF THE CERTIFICATES MAY NOT BE CONSUMMATED UNLESS THE PURCHASER HAS
RECEIVED BOTH THE PROSPECTUS SUPPLEMENT AND PROSPECTUS.

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED THESE CERTIFICATES OR PASSED ON THE
ADEQUACY OR ACCURACY OF THE DISCLOSURES IN THIS SERIES TERM SHEET, THE
PROSPECTUS SUPPLEMENT OR THE PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.

Underwriters of the Class A Certificates

MORGAN STANLEY
CREDIT SUISSE FIRST BOSTON
FLEET SECURITIES, INC.
LEHMAN BROTHERS
MERRILL LYNCH & CO.
Underwriters of the Class B Certificates

CREDIT SUISSE FIRST BOSTON MORGAN STANLEY

SUMMARY OF TERMS

This series term sheet will be superseded in its entirety by the information
provided in the final prospectus supplement, the prospectus and the Series
2001-C Supplement. The certificates will be issued under the Pooling and
Servicing Agreement dated as of December 1, 1993 as amended and restated as of
May 23, 1994 (and as further amended from time to time, the "Master Pooling and
Servicing Agreement") between the bank, as seller and as servicer and Bankers
Trust Company, as trustee, as supplemented by the Series 2001-C Supplement. The
Master Pooling and Servicing Agreement, together with the series supplement, is
the "Pooling and Servicing Agreement."

THE TRUST

Fleet Credit Card Master Trust II will issue the certificates.

The trust has issued numerous series of certificates, will issue the Series
2001-C certificates and expects to issue additional series. The certificates of
each series represent an ownership interest in the assets of the trust.

THE TRUSTEE

The trustee is Bankers Trust Company.

SELLER AND SERVICER

SELLER

Fleet Bank (RI), National Association originates and acquires credit card
accounts. As seller, the bank sells the receivables to the trust.

To preserve sale treatment for the transfer of receivables to the trust under
Financial Accounting Standards Board Statement No. 140, the bank expects to
amend the pooling and servicing agreement and other relevant documents prior to
December 31, 2001. We expect that the amendments will provide for a transfer of
receivables from the bank to a special purpose entity and then to the trust.
This would result in the addition of a new special purpose entity as the direct
seller to the trust. These amendments will be made without certificateholder
consent.

SERVICER

The bank also is the servicer. As servicer, the bank collects payments on the
receivables and allocates the collections among interests in the trust.

THE BANK

The bank is a special purpose credit card bank. Its principal offices are
located at 111 Westminster Street, Providence, Rhode Island 02903. The telephone
number is (401) 278-5451.

THE RECEIVABLES

The primary assets of the trust are receivables in VISA(R) and MasterCard(R)(1)
revolving credit card accounts. The receivables consist of principal receivables
and finance charge receivables.
OFFERED SECURITIES

The trust is offering $684,000,000 of the Class A certificates and $48,000,000
of the Class B certificates as part of Series 2001-C. The certificates represent
an interest in the assets of the trust.

The Class B Certificates are subordinated to the Class A Certificates.

DISTRIBUTION DATES

The first distribution date will be December 17, 2001.

Distribution dates for the Series 2001-C certificates will be the 15th day of
each month if the 15th day is a business day. If the 15th is not a business day,
the distribution date will be the following business day.

INTEREST

Interest on the Series 2001-C certificates will be paid on each distribution
date.

Class A

The Class A certificates will bear interest at an annual rate equal to %.

Class B

The Class B certificates will bear interest at an annual rate equal to %.

PRINCIPAL

The seller expects that principal on the Series 2001-C certificates will be
distributed on the September 2004 distribution date; however, principal may, in
fact, be distributed earlier or later.
---------------
(1) VISA(R) and MasterCard(R) are federally registered servicemarks of VISA
U.S.A., Inc. and MasterCard International Inc., respectively.

If certain adverse events known as pay out events occur, principal may be
distributed earlier than expected.

If collections of the credit card receivables are less than expected or are
collected more slowly than expected, then principal repayment may be delayed.

Class A

The seller expects that principal of the Class A certificates will be
distributed on the September 2004 distribution date.

Class B

The seller expects that principal of the Class B certificates will be
distributed on the September 2004 distribution date; however, no principal will
be paid on the Class B certificates unless the Class A certificates are paid in
full or a sufficient amount has been accumulated to pay the Class A certificates
in full.

Accumulation Period

The accumulation period for the certificates is scheduled to begin on December
1, 2003. The servicer may, however, elect to delay the beginning of the
accumulation period to a date not later than August 1, 2004.

Legal Final Maturity

If the Series 2001-C certificates are not paid on their expected final
distribution dates, collections of receivables will continue to be used to pay
principal on the Series 2001-C certificates until the certificates are paid or
until March 15, 2007, whichever occurs first. March 15, 2007 is the legal final
maturity date for Series 2001-C.

THE COLLATERAL INTEREST

At the same time as the Series 2001-C certificates are issued, the trust will
issue an undivided interest in the trust called a collateral interest in the
amount of $68,000,000 as part of Series 2001-C. The holder of the collateral
interest will have voting and certain other rights as if the collateral interest
were a subordinated class of certificates.

CREDIT ENHANCEMENT

SUBORDINATION OF CLASSES

The collateral interest and the Class B certificates are subordinated to the
Class A certificates.

The collateral interest is also subordinated to the Class B certificates.

THE SELLERS' INTEREST

The interest in the trust not represented by Series 2001-C or by any other
series is the sellers' interest. The sellers' interest is held by the bank. The
bank may sell a portion of the sellers' interest to other investors.

The sellers' interest does not provide credit enhancement for Series 2001-C or
any other series.

ALLOCATIONS

AMONG SERIES

Each month the bank, as servicer, will allocate collections received among:

- Series 2001-C;

- other outstanding series; and

- the sellers' interest in the trust.

The amount allocated to Series 2001-C will be determined based upon the ratio of
the invested amount of Series 2001-C to the total amount of principal
receivables in the trust and any balance in the trust's excess funding account.

You are entitled to receive payments of interest and principal only from
collections and other trust assets allocated to your series.

The invested amount is the primary basis for allocations to Series 2001-C. The
invested amount is the sum of the Class A invested amount, the Class B invested
amount and the collateral invested amount.

At the time of issuance of the Series 2001-C certificates, the invested amount
for Series 2001-C will be $800,000,000.

AMONG CLASSES

From the amounts allocated to your series, the servicer will further allocate
among the Class A certificates, the Class B certificates and the collateral
interest on the basis of the invested amount of each class and the invested
amount of the collateral interest.

TAX STATUS

Subject to important considerations described in the prospectus, Orrick,
Herrington & Sutcliffe LLP, as special tax counsel to the bank, is of the
opinion that under existing law the Series 2001-C

Class A certificates and the Series 2001-C Class B certificates will be
characterized as debt for federal income tax purposes. By your acceptance of a
Series 2001-C certificate, you will agree to treat your certificates as debt for
federal, state and local income and franchise tax purposes.

OPTIONAL REPURCHASE

On any date occurring on or after the date that the Series 2001-C investor
amount is reduced to 5% or less of the initial Series 2001-C invested amount,
the seller will have the option to repurchase the Series 2001-C certificates.
Any optional repurchase may result in an early repayment of your investment
without any prepayment penalty.

ERISA CONSIDERATIONS

Subject to important considerations described in the prospectus supplement and
in the prospectus, the Class A certificates are eligible for purchase by persons
investing assets of employee benefit plans or individual retirement accounts.

For reasons discussed in the prospectus supplement and the prospectus, the Class
B certificates are not eligible for purchase by persons investing assets of
employee benefit plans or individual retirement accounts other than an insurance
company investing assets of its general account.

CERTIFICATE RATINGS

The Class A certificates will be rated in the highest rating category by at
least one nationally recognized rating organization and the Class B certificates
will be rated in one of the three highest rating categories by at least one
nationally recognized rating organization.

EXCHANGE LISTING

Fleet Credit Card Master Trust II will apply to list the Class A certificates
and the Class B certificates on the Luxembourg Stock Exchange. There is no
guarantee that the application for the listing will be accepted. You should
consult with Deutsche Bank Luxembourg S.A., the Luxembourg listing agent for the
certificates, 14 Boulevard F.D. Roosevelt, L-2450 Luxembourg, phone number (352)
46 02 41, to determine whether or not the Series 2001-C certificates are listed
on the Luxembourg Stock Exchange.

THE BANK AND
THE BANK'S CREDIT CARD ACTIVITIES

GENERAL

Fleet Bank (RI), National Association (the "bank") is seller and servicer
with respect to the receivables. The bank is an indirect, wholly-owned
subsidiary of FleetBoston Financial Corporation ("Fleet"). Fleet is the bank
holding company which came into existence on October 1, 1999 as a result of the
merger of Fleet Financial Group, Inc. and BankBoston Corporation. Prior to the
merger of Fleet Financial Group, Inc. and the BankBoston Corporation, the bank
was an indirect wholly-owned subsidiary of Fleet Financial Group, Inc.

The receivables conveyed or to be conveyed to the trust by the bank
pursuant to the Pooling and Servicing Agreement have been or will be generated
from transactions made by holders of credit card accounts (the "Accounts")
selected from the Fleet Credit Card Portfolio. The Fleet Credit Card Portfolio
consists of accounts originated by the bank, accounts purchased from other
institutions and accounts acquired as a result of acquisitions of or mergers
with other financial institutions.

The bank is a member of VISA U.S.A., Inc. and MasterCard International Inc.

FINANCE CHARGES

The majority of the accounts in the Fleet Credit Card Portfolio are subject
to finance charges at London interbank offered rate indexed variable rates
ranging from 0% to 28.9% for purchases, balance transfers and cash advances.
There is also a portion of the portfolio subject to finance charges set at a
fixed rate for purchases only.

DELINQUENCY AND LOSS EXPERIENCE

The following tables show the delinquency and loss experience for the Fleet
Credit Card Portfolio.

The accounts which have been designated to the trust and the receivables in
such accounts as of any date of determination constitute the trust portfolio.

The trust portfolio is only a portion of the Fleet Credit Card Portfolio;
therefore, actual delinquency and gross charge-off experience with respect to
the receivables in the trust may be different from that shown in the following
tables which include information for the entire Fleet Credit Card Portfolio.

There can be no assurance that the delinquency and loss experience for the
receivables in the trust will be similar to the historical experience shown in
the following tables.

DELINQUENCY EXPERIENCE
FLEET CREDIT CARD PORTFOLIO
(DOLLARS IN THOUSANDS)

<Table>
<Caption>
AS OF
SEPTEMBER 30, AS OF DECEMBER 31,
------------------- -----------------------------------------
2001 2000 1999 1998
------------------- ----------- ----------- -----------

Receivables Outstanding(1)(2)..... $14,450,204 $14,685,814 $14,278,212 $14,524,541
Receivables Contractually
Delinquent as a Percentage of
Receivables Outstanding(1):
30-59 days...................... 1.31% 1.52% 1.44% 1.58%
60-89 days...................... 0.96% 1.13% 1.09% 1.07%
90 or more days................. 1.88% 2.40% 2.35% 2.29%
----------- ----------- ----------- -----------
Total................... 4.15% 5.05% 4.88% 4.94%
=========== =========== =========== ===========
</Table>

------------
(1) Information prior to February 20, 1998 is shown pro forma as if the bank had
purchased the Advanta consumer credit card portfolio as of the beginning of
1998. Receivables Outstanding and Receivables Contractually Delinquent
related to the credit card portfolio acquired by Fleet as a result of the
merger of Fleet Financial Group, Inc. and BankBoston Corporation are
included as of March 31, 2000.

(2) Receivables Outstanding consists of all amounts due from cardholders as
posted to the accounts.

LOSS EXPERIENCE
FLEET CREDIT CARD PORTFOLIO
(DOLLARS IN THOUSANDS)

<Table>
<Caption>
NINE MONTHS ENDED
SEPTEMBER 30, YEAR ENDED DECEMBER 31,
----------------- -------------------------------------------
2001 2000 1999 1998
----------------- ----------- ----------- -----------

Average Receivables
Outstanding(1)(2)........... $ 14,300,280 $14,199,216 $13,065,414 $14,380,316
Gross Losses(1)(3)............ $ 713,089 $ 863,922 $ 967,611 $ 1,034,996
Recoveries(1)................. $ 57,795 $ 74,400 $ 75,883 $ 91,664
Net Losses.................... $ 655,294 $ 789,522 $ 891,728 $ 943,332
Net Losses as a Percentage of
Average Receivables
Outstanding................. 6.11%(4)(5) 5.56%(4) 6.83%(4) 6.56%(4)
</Table>

---------------
(1) Information prior to February 20, 1998 is shown pro forma as if the bank had
purchased the Advanta consumer credit card portfolio as of the beginning of
1998. Average Receivables Outstanding, Gross Losses and Recoveries related
to the credit card portfolio acquired by Fleet as a result of the merger of
Fleet Financial Group, Inc. and BankBoston Corporation are included as of
March 31, 2000.

(2) Average Receivables Outstanding is the sum of receivables outstanding at the
beginning and end of each month during the period indicated, divided by
twice the number of months in the period indicated.

(3) Gross Losses are presented net of adjustments made pursuant to the bank's
normal servicing procedures, including removal of incorrect or disputed
finance charges and reversal of annual cardholder fees on cardholder
accounts which have been closed. Losses do not include accrued finance
charges that have been charged-off or fraud losses.

(4) As of October 1, 1998, the bank implemented a revised policy relating to the
charge-off of bankrupt credit card accounts and the charge-off of delinquent
accounts. The revisions will be described in the prospectus.

(5) Annualized.

The increase in net losses as a percentage of average receivables
outstanding for the nine months ended September 30, 2001 compared to the year
ended December 31, 2000 is due primarily to a decline in the general condition
of the economy and an increase in bankruptcies occurring in the second and third
quarters of 2001.

PAYMENT RATES

The following table shows the highest and lowest cardholder monthly payment
rates and the average cardholder monthly payment rates for the Fleet Credit Card
Portfolio. The rates are calculated as a percentage of the total opening monthly
account balances during the periods shown. Payments shown in the table include
amounts which would be deemed payments of principal receivables and finance
charge receivables on the accounts.

MONTHLY PAYMENT RATES
FLEET CREDIT CARD PORTFOLIO(1)

<Table>
<Caption>
NINE MONTHS
ENDED
SEPTEMBER 30, YEAR ENDED DECEMBER 31,
------------- -----------------------
2001 2000 1999 1998
------------- ----- ----- -----

Lowest................................................ 11.17% 11.12% 11.20% 10.84%
Highest............................................... 13.40% 12.93% 13.64% 12.36%
Monthly Average....................................... 12.39% 12.07% 12.06% 11.57%
</Table>

------------
(1) Information prior to February 20, 1998 is shown pro forma as if the bank had
purchased the Advanta consumer credit card portfolio as of the beginning of
1998. Collections related to the credit card portfolio acquired by Fleet as
a result of the merger of Fleet Financial Group, Inc. and BankBoston
Corporation are included as of March 31, 2000.

RECEIVABLE YIELD CONSIDERATIONS

The following table provides yield information for the nine months ended
September 30, 2001 and each of the years ended December 31, 2000, 1999 and 1998.

The historical yield figures in the table are calculated on an accrual
basis. Collections on the receivables in the trust will be on a cash basis and
may not reflect the historical yield experience in the table. For example,
during periods of increasing delinquencies accrual yields may exceed cash yields
as amounts collected on credit card receivables lag behind amounts accrued and
billed to cardholders. Conversely, as delinquencies decrease, cash yields may
exceed accrual yields as amounts collected in a current period may include
amounts accrued during prior periods. Yield on both an accrual and a cash basis
will be affected by numerous factors, including the finance charges on the
receivables in the trust, the amount of the annual cardholder fees and other
fees and charges, changes in the delinquency rate on the receivables in the
trust, the percentage of cardholders who pay their balances in full each month
and do not incur finance charges and any restrictions which may be imposed by
future legislation or regulations.

There can be no assurance that the revenue from finance charges and fees
for the receivables in the trust, will be similar to the historical experience
set forth below.

REVENUE FROM FINANCE CHARGES AND FEES
FLEET CREDIT CARD PORTFOLIO

<Table>
<Caption>
NINE MONTHS
ENDED
SEPTEMBER 30, YEAR ENDED DECEMBER 31,
------------- ------------------------------
2001 2000 1999 1998
------------- ------ ------ ------

Average Monthly Accrued Fees and
Charges(2)(3)(4)........................... $43.86(6) $44.74(6) $42.76(6) $36.07(1)
Average Account Balance(2)(5)................ $2,980 $2,882 $2,699 $2,798
Yield From Fees and Charges
(Annualized)(3)(4)......................... 17.66%(6) 18.63%(6) 19.01%(6) 15.47%(1)
</Table>

------------
(1) The amount shown for the year ended December 31, 1998 does not include
revenue attributed to interchange.

(2) Information prior to February 20, 1998 is shown pro forma as if the bank had
purchased the Advanta consumer credit card portfolio as of the beginning of
1998. Fees, charges and account balances related to the credit card
portfolio acquired by Fleet as a result of the merger of Fleet Financial
Group, Inc. and BankBoston Corporation are included as of March 31, 2000.

(3) Fees and Charges for the year ended December 31, 1998 is comprised of
finance charges, annual cardholder fees and certain other service charges.
Fees and Charges for the nine-month period ended September 30, 2001 and for
the years ended December 31, 2000 and 1999 are comprised of finance charges,
annual cardholders fees and all other service charges plus revenue
attributed to interchange.

(4) Average Monthly Accrued Fees and Charges and Yield From Fees and Charges are
presented net of adjustments made pursuant to normal servicing procedures,
including removal of incorrect or disputed finance charges and reversal of
finance charges accrued on charged-off accounts.

(5) Average Account Balance includes purchases, cash advances and billed and
unpaid finance and other charges, and is calculated based on the average of
the opening monthly account balances for accounts with balances during the
periods shown.

(6) Beginning January 1, 1999 revenue from interchange and fees not previously
included have been included in fees and charges and in calculating the yield
from fees and charges. For the nine months ended September 30, 2001 and the
years ended December 31, 2000 and 1999, if fees and charges had not included
revenue attributed to interchange and the additional fees, the Average
Monthly Accrued Fees and Charges would have been $36.18, $38.11 and $36.84,
respectively, and the Yield From Fees and Charges would have been 14.57%,
15.87% and 16.38%, respectively.

The yields shown in the above table are comprised of three components:
finance charges, annual cardholder fees and other service charges, such as late
charges. In addition, for the nine months ended September 30, 2001 and for the
years ended December 31, 2000 and 1999, the yield includes interchange and fees
not previously included. The yield related to annual cardholder fees, on those
accounts that assess annual fees, and other service charges varies with the type
and volume of activity in and the balance of each account. The bank currently
assesses annual cardholder fees of $10 to $50 for certain of its credit card
accounts. Most accounts included in the Fleet Credit Card Portfolio and
originated since March 1987 do not carry an annual cardholder fee.

TRUST PORTFOLIO INFORMATION

The receivables in the initial accounts designated to the trust were
conveyed to the trust on December 3, 1993. Since that date, accounts have been
added to the trust from time to time. The additional accounts were selected from
the Advanta consumer credit card portfolio prior to February 20, 1998 and from
the Fleet Credit Card Portfolio on and after February 20, 1998.

As of the date of this series term sheet, the accounts from which the
receivables in the trust arise are the existing VISA and MasterCard accounts.
However, any new accounts designated to the trust are not required to be VISA or
MasterCard accounts.

The receivables in the trust, including receivables in the additional
accounts the receivables of which have been or are expected to be conveyed to
the trust during the period from September 30, 2001 through the date of issuance
of the Series 2001-C certificates, as of September 30, 2001, totaled
$11,810,293,577 in 7,121,479 accounts. The accounts had an average credit limit
of $7,836. The percentage of the aggregate total receivables balance to the
aggregate total credit limit was 21.2%. The average age of the accounts was
approximately 48.6 months.

The receivables balance in the trust as of September 30, 2001, not
including receivables to be added to the trust thereafter, totaled
$10,597,485,792. The receivables balance in the trust as of October 11, 2001
totaled $11,716,694,115. As of October 11, 2001, the balance of receivables in
the trust which were 30 days or more contractually delinquent was $487,574,755.

The following tables summarize the trust portfolio by various criteria as
of the close of business on September 30, 2001, including receivables in the
additional accounts the receivables of which have been or are expected to be
conveyed to the trust during the period from September 30, 2001 through the date
of issuance of the Series 2001-C certificates. Because the future composition of
the trust portfolio may change over time, these tables are not necessarily
indicative of future results.

COMPOSITION BY ACCOUNT BALANCE
TRUST PORTFOLIO

<Table>
<Caption>
PERCENTAGE
OF TOTAL PERCENTAGE
NUMBER OF NUMBER OF OF TOTAL
ACCOUNT BALANCE RANGE ACCOUNTS ACCOUNTS RECEIVABLES RECEIVABLES
--------------------- --------- ---------- --------------- -----------

Credit Balance........................... 108,437 1.5% $ (11,931,296) (0.1)%
$0.00.................................... 3,409,461 47.9 0 0.0
$0.01 to $1,000.00....................... 1,125,080 15.8 387,375,219 3.3
$1,000.01 to 2,500.00.................... 684,710 9.6 1,170,443,519 9.9
$2,500.01 to 5,000.00.................... 879,247 12.3 3,249,802,536 27.5
$5,000.01 to 7,500.00.................... 516,715 7.3 3,167,294,662 26.8
Over $7,500.00........................... 397,829 5.6 3,847,308,937 32.6
--------- ----- --------------- -----
Total.......................... 7,121,479 100.0% $11,810,293,577 100.0%
========= ===== =============== =====
</Table>

COMPOSITION BY CREDIT LIMIT
TRUST PORTFOLIO

<Table>
<Caption>
PERCENTAGE
OF TOTAL PERCENTAGE
NUMBER OF NUMBER OF OF TOTAL
CREDIT LIMIT BALANCE ACCOUNTS ACCOUNTS RECEIVABLES RECEIVABLES
-------------------- --------- ---------- --------------- -----------

$0.00 to $2,500.00....................... 561,983 7.9% $ 296,332,083 2.5%
$2,500.01 to 3,500.00.................... 336,812 4.7 411,160,457 3.5
$3,500.01 to 5,000.00.................... 969,003 13.6 1,228,564,152 10.4
$5,000.01 to 7,500.00.................... 1,606,658 22.6 2,365,329,338 20.0
$7,500.01 to 10,000.00................... 1,895,212 26.6 3,050,675,383 25.9
$10,000.01 to 12,500.00.................. 1,139,131 16.0 2,471,653,183 20.9
Over $12,500.01.......................... 612,680 8.6 1,986,578,981 16.8
--------- ----- --------------- -----
Total.......................... 7,121,479 100.0% $11,810,293,577 100.0%
========= ===== =============== =====
</Table>

COMPOSITION BY PERIOD OF DELINQUENCY
TRUST PORTFOLIO

<Table>
<Caption>
PERCENTAGE
OF TOTAL PERCENTAGE
PERIOD OF DELINQUENCY NUMBER OF NUMBER OF OF TOTAL
(DAYS CONTRACTUALLY DELINQUENT) ACCOUNTS ACCOUNTS RECEIVABLES RECEIVABLES
------------------------------- --------- ---------- --------------- -----------

Not Delinquent........................... 6,910,753 97.0% $10,886,300,175 92.2%
1 to 29 days............................. 118,843 1.7 458,655,604 3.9
30 to 59 days............................ 31,431 0.4 147,711,605 1.2
60 to 89 days............................ 21,465 0.3 107,377,125 0.9
90 to 119 days........................... 15,318 0.2 79,371,032 0.7
120 to 149 days.......................... 12,444 0.2 67,298,576 0.6
150 to 179 days.......................... 10,287 0.2 57,714,747 0.5
180 or more.............................. 938 0.0 5,864,713 0.0
--------- ----- --------------- -----
Total.......................... 7,121,479 100.0% $11,810,293,577 100.0%
========= ===== =============== =====
</Table>

COMPOSITION BY ACCOUNT AGE
TRUST PORTFOLIO

<Table>
<Caption>
PERCENTAGE
OF TOTAL PERCENTAGE
NUMBER OF NUMBER OF OF TOTAL
AGE (IN MONTHS) ACCOUNTS ACCOUNTS RECEIVABLES RECEIVABLES
--------------- --------- ---------- --------------- -----------

Not more than 6 Months................... 612,966 8.6% $ 1,809,251,818 15.3%
Over 6 to 12 Months...................... 575,001 8.1 1,149,786,531 9.7
Over 12 to 24 Months..................... 1,447,087 20.3 2,427,411,905 20.6
Over 24 to 36 Months..................... 1,052,180 14.8 1,679,886,140 14.2
Over 36 to 48 Months..................... 1,164,083 16.3 1,201,929,550 10.2
Over 48 to 60 Months..................... 356,021 5.0 491,389,492 4.2
Over 60 to 84 Months..................... 895,938 12.6 1,517,237,745 12.8
Over 84 Months........................... 1,018,203 14.3 1,533,400,396 13.0
--------- ----- --------------- -----
Total.......................... 7,121,479 100.0% $11,810,293,577 100.0%
========= ===== =============== =====
</Table>

GEOGRAPHIC DISTRIBUTION OF ACCOUNTS AND RECEIVABLES
TRUST PORTFOLIO(1)

<Table>
<Caption>
PERCENTAGE
OF TOTAL PERCENTAGE
NUMBER OF NUMBER OF OF TOTAL
STATE ACCOUNTS ACCOUNTS RECEIVABLES RECEIVABLES
----- --------- ---------- --------------- -----------

California............................... 864,169 12.1% $ 1,313,645,695 11.1%
New York................................. 631,012 8.9 976,229,286 8.3
Texas.................................... 451,520 6.4 810,370,197 6.9
Florida.................................. 447,220 6.3 775,398,407 6.5
Pennsylvania............................. 326,845 4.6 528,847,836 4.5
Ohio..................................... 268,712 3.8 470,806,600 4.0
Illinois................................. 278,895 3.9 449,085,962 3.8
New Jersey............................... 286,593 4.0 425,920,431 3.6
Massachusetts............................ 286,750 4.0 406,851,311 3.4
Michigan................................. 223,450 3.1 388,274,918 3.3
All Other(2)............................. 3,056,313 42.9 5,264,862,934 44.6
--------- ----- --------------- -----
Total.......................... 7,121,479 100.0% $11,810,293,577 100.0%
========= ===== =============== =====
</Table>

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(1) All data as of September 30, 2001 including receivables then in the trust
and receivables in additional accounts to be added thereafter through the
date of issuance of the Series 2001-C certificates.

(2) No state or other jurisdiction is this category represented more than 3% of
the total number of accounts or more than 3% of the receivables.