Exhibit 99.1
Providian Master Trust
Excess Spread Analysis - August-02
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1996-1 1997-2 1997-4 1999-1 1999-2 2000-1 2000-2 2000-3
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Deal Size $750,500,000 $637,000,000 $549,000,000 $565,705,000 $556,250,000 $467,250,000 $509,300,000 $616,000,000
Expected Class A
Maturity 6/16/2003 3/15/2004 11/15/2002 6/15/2004 9/16/2002 1/17/2005 7/15/2005 11/17/2003
Series Yield 15.29% 15.34% 13.75% 19.00% 10.35% 15.50% 17.45% 17.43%
Net Losses (1) 7.95% 7.95% 6.25% 7.95% 3.43% 7.95% 7.95% 7.95%
Base Rate (2) 4.18% 4.09% 7.60% 4.98% 6.80% 8.46% 4.55% 4.47%
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Excess Spread
Aug-02 3.16% 3.30% -0.10% 6.07% 0.12% -0.91% 4.95% 5.01%
Jul-02 6.79% 6.93% 3.07% 6.00% 2.48% 2.52% 6.43% 6.51%
Jun-02 4.68% 4.78% 0.75% 5.48% 0.94% 0.24% 10.74% 10.75%
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3 Month Avg 4.88% 5.00% 1.24% 5.85% 1.18% 0.62% 7.37% 7.42%
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Delinquent $
30-59 1.81% 1.81% 1.81% 1.81% 1.81% 1.81% 1.81% 1.81%
60-89 1.19% 1.19% 1.19% 1.19% 1.19% 1.19% 1.19% 1.19%
90+ 2.29% 2.29% 2.29% 2.29% 2.29% 2.29% 2.29% 2.29%
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Monthly Payment Rate 8.83% 8.83% 8.83% 8.83% 8.83% 8.83% 8.83% 8.83%
(1) Net of Recoveries
(2) Base Rate includes 2.00% Servicing Fee.
Portfolio Yield for the current month 15.29%
Trust Excess Spread for current month 1.94%
THIS MATERIAL IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT
AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY
SECURITIES.