EXHIBIT 99.1
CC MASTER CREDIT CARD TRUST II - EXCESS SPREAD ANALYSIS - January-01
Card Trust CVMT 95-A CVMT 95-B CVMT 95-C CVMT 96-A CVMT 96-C CVMT 98-A
Deal Size $400 MM $150 MM $400 MM $407.25 MM $271.50 MM $600 MM
Exp Final Pay Date 08/15/02 11/15/02 02/18/03 11/15/01 02/16/04 09/15/03
Excess Spread:
Portfolio Yield 20.63% 20.63% 20.63% 20.63% 20.63% 20.63%
Less: Blended Coupon 6.14% 6.14% 6.15% 6.13% 6.12% 6.15%
SVC Fees 1.50% 1.50% 1.50% 1.50% 1.50% 1.50%
Charge-offs 7.82% 7.82% 7.82% 7.82% 7.82% 7.82%
--------- --------- --------- --------- --------- ---------
Excess Spread:
January 5.17% 5.17% 5.16% 5.18% 5.19% 5.16%
December 4.02% 4.02% 4.01% 4.03% 4.04% 4.01%
November 4.05% 4.05% 4.04% 4.06% 4.07% 4.04%
--------- --------- --------- --------- --------- ---------
3-MONTH AVG EXCESS SPREAD 4.41% 4.41% 4.40% 4.42% 4.43% 4.41%
Delinq 30 to 59 days 2.33% 2.33% 2.33% 2.33% 2.33% 2.33%
60 to 89 days 1.75% 1.75% 1.75% 1.75% 1.75% 1.75%
90+ days 3.39% 3.39% 3.39% 3.39% 3.39% 3.39%
Monthly Payment Rate 13.67% 13.67% 13.67% 13.67% 13.67% 13.67%