EXHIBIT 99.1
CC MASTER CREDIT CARD TRUST II
Excess Spread Analysis - March 2001
- ----------------------------------------------------------------------------------------------------------------------------------
Series 1995-A 1995-C 1996-A 1996-C 1998-A
Deal Size $400 MM $400 MM $407.25 MM $271.50 MM $600 MM
Expected Maturity 08/15/02 02/18/03 11/15/01 02/16/04 09/15/03
- ----------------------------------------------------------------------------------------------------------------------------------
Yield 21.72% 21.72% 21.72% 21.72% 21.72%
Less Coupon 5.42% 5.43% 5.41% 5.40% 5.43%
Servicing Fee 1.50% 1.50% 1.50% 1.50% 1.50%
Net Credit Losses 8.63% 8.63% 8.63% 8.63% 8.63%
Excess Spread:
March-01 6.17% 6.16% 6.18% 6.19% 6.16%
February-01 2.62% 2.60% 2.62% 2.64% 2.61%
January-01 5.17% 5.16% 5.18% 5.19% 5.16%
Three month Average Excess Spread 4.65% 4.64% 4.66% 4.67% 4.64%
Delinquency:
30 to 59 days 2.16% 2.16% 2.16% 2.16% 2.16%
60 to 89 days 1.62% 1.62% 1.62% 1.62% 1.62%
90 + days 3.35% 3.35% 3.35% 3.35% 3.35%
Total 7.13% 7.13% 7.13% 7.13% 7.13%
Payment Rate 13.69% 13.69% 13.69% 13.69% 13.69%