EXHIBIT 99.5
Nov-2000 1995-C Page 1
MONTHLY STATEMENT TO CERTIFICATEHOLDERS
SERIES 1995-C
CC MASTER CREDIT CARD TRUST II
(Formerly Chevy Chase Master Credit Card Trust II)
RECEIVABLES
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Beginning of the Month Principal Receivables: $2,954,073,738.94
Beginning of the Month Finance Charge Receivables: $147,551,019.69
Beginning of the Month Discounted Receivables: $0.00
Beginning of the Month Total Receivables: $3,101,624,758.63
Removed Principal Receivables: $0.00
Removed Finance Charge Receivables: $0.00
Removed Total Receivables: $0.00
Additional Principal Receivables: $0.00
Additional Finance Charge Receivables: $0.00
Additional Total Receivables: $0.00
Discounted Receivables Generated this Period: $0.00
End of the Month Principal Receivables: $2,942,677,284.07
End of the Month Finance Charge Receivables: $146,451,282.84
End of the Month Discounted Receivables: $0.00
End of the Month Total Receivables: $3,089,128,566.91
Special Funding Account Balance $0.00
Aggregate Invested Amount (all Master Trust II Series) $2,300,000,000.00
End of the Month Transferor Amount $642,677,284.07
End of the Month Transferor Percentage 21.84%
DELINQUENCIES AND LOSSES
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End of the Month Delinquencies:
30-59 Days Delinquent $72,983,755.33
60-89 Days Delinquent $51,239,103.49
90+ Days Delinquent $94,024,355.36
Total 30+ Days Delinquent $218,247,214.18
Delinquent Percentage 7.07%
Defaulted Accounts During the Month $20,141,082.40
Annualized Default Percentage 8.18%
Nov-2000 1995-C Page 2
Principal Collections $353,131,515.63
Principal Payment Rate 11.95%
Total Payment Rate 12.89%
INITIAL INVESTED AMOUNTS
Class A Initial Invested Amount $322,000,000.00
Class B Initial Invested Amount $28,000,000.00
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TOTAL INITIAL INVESTED AMOUNT $350,000,000.00
INVESTED AMOUNTS
Class A Invested Amount $368,000,000.00
Class B Invested Amount $32,000,000.00
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TOTAL INVESTED AMOUNT $400,000,000.00
FLOATING ALLOCATION PERCENTAGE 13.54%
PRINCIPAL ALLOCATION PERCENTAGE 13.54%
MONTHLY SERVICING FEE $500,000.00
INVESTOR DEFAULT AMOUNT $2,727,228.12
CLASS A AVAILABLE FUNDS
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CLASS A FLOATING ALLOCATION PERCENTAGE 92.00%
Class A Finance Charge Collections $6,320,834.79
Other Amounts $0.00
TOTAL CLASS A AVAILABLE FUNDS $6,320,834.79
Class A Monthly Interest $2,109,866.67
Class A Servicing Fee $460,000.00
Class A Investor Default Amount $2,509,049.87
TOTAL CLASS A EXCESS SPREAD $1,241,918.25
REQUIRED AMOUNT $0.00
Nov-2000 1995-C Page 3
CLASS B AVAILABLE FUNDS
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CLASS B FLOATING ALLOCATION PERCENTAGE 8.00%
Class B Finance Charge Collections $549,637.81
Other Amounts $0.00
TOTAL CLASS B AVAILABLE FUNDS $549,637.81
Class B Monthly Interest $186,800.00
Class B Servicing Fee $40,000.00
TOTAL CLASS B EXCESS SPREAD $322,837.81
EXCESS SPREAD
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TOTAL EXCESS SPREAD $1,564,756.06
Excess Spread Applied to Required Amount $0.00
Excess Spread Applied to Class A Investor Charge Offs $0.00
Excess Spread Applied to Class B Interest, Servicing Fee,
and Default Amount $218,178.25
Excess Spread Applied to Class B Reductions of Class B Investe $0.00
Excess Spread Applied to Monthly Cash Collateral Fee $26,666.66
Excess Spread Applied to Cash Collateral Account $0.00
Excess Spread Applied to Reserve Account
Excess Spread Applied to other amounts owed to
Cash Collateral Depositor $153.88
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE FOR
GROUP I $1,319,757.27
Nov-2000 1995-C Page 4
EXCESS FINANCE CHARGE COLLECTIONS -- GROUP I
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TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES
IN GROUP I $3,139,668.44
SERIES 1995-C EXCESS FINANCE CHARGE COLLECTIONS
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EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO
SERIES 1995-C $0.00
Excess Finance Charge Collections applied to
Required Amount $0.00
Excess Finance Charge Collections applied to
Class A Investor Charge Offs $0.00
Excess Finance Charge Collections applied to
Class B Interest, Servicing Fee, and Default Items $0.00
Excess Finance Charge Collections applied to Reductions of
Class B Invested Amount $0.00
Excess Finance Charge Collections applied to
Monthly Cash Collateral Fee $0.00
Excess Finance Charge Collections applied to
Cash Collateral Account $0.00
Excess Finance Charge Collections applied to
Reserve Account $0.00
Excess Finance Charge Collections applied to
other amounts owed Cash Collateral Depositor $0.00
YIELD AND BASE RATE
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Base Rate (Current Month) 8.89%
Base Rate (Prior Month) 8.89%
Base Rate (Two Months Ago) 8.89%
----
THREE MONTH AVERAGE BASE RATE 8.89%
Portfolio Yield (Current Month) 12.43%
Portfolio Yield (Prior Month) 13.88%
Portfolio Yield (Two Months Ago) 11.69%
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THREE MONTH AVERAGE PORTFOLIO YIELD 12.67%
Nov-2000 1995-C Page 5
PRINCIPAL COLLECTIONS
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CLASS A PRINCIPAL PERCENTAGE 92.00%
Class A Principal Collections $43,990,911.97
CLASS B PRINCIPAL PERCENTAGE 8.00%
Class B Principal Collections $3,825,296.66
TOTAL PRINCIPAL COLLECTIONS $47,816,208.63
INVESTOR DEFAULT AMOUNT $2,727,228.12
REALLOCATED PRINCIPAL COLLECTIONS $0.00
SHARED PRINCIPAL COLLECTIONS ALLOCABLE
FROM OTHER SERIES $0.00
CLASS A ACCUMULATION
Controlled Accumulation Amount $0.00
Deficit Controlled Accumulation Amount $0.00
CONTROLLED DISTRIBUTION AMOUNT $0.00
CLASS B ACCUMULATION
Controlled Accumulation Amount $0.00
Deficit Controlled Accumulation Amount $0.00
CONTROLLED DISTRIBUTION AMOUNT $0.00
EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR
PRINCIPAL SHARING $50,543,436.75
INVESTOR CHARGE OFFS
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CLASS A INVESTOR CHARGE OFFS $0.00
CLASS B INVESTOR CHARGE OFFS $0.00
PREVIOUS CLASS A CHARGE OFFS REIMBURSED $0.00
PREVIOUS CLASS B CHARGE OFFS REIMBURSED $0.00
CASH COLLATERAL ACCOUNT
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Required Cash Collateral Amount $52,000,000.00
Available Cash Collateral Amount $52,000,000.00
Nov-2000 1995-C Page 6
INTEREST RATE CAP PAYMENTS
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Class A Interest Rate Cap Payments $0.00
Class B Interest Rate Cap Payments $0.00
TOTAL DRAW AMOUNT $0.00
CASH COLLATERAL ACCOUNT SURPLUS $0.00
First USA Bank, National Association
as Servicer
By: /s/ Tracie Klein
---------------------------------
Tracie H. Klein
First Vice President