EXHIBIT 99.3
Mar-2001 1995-A Page 1
MONTHLY STATEMENT TO CERTIFICATEHOLDERS
SERIES 1995-A
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: $3,359,800,772.00
Beginning of the Month Finance Charge Receivables: $176,434,172.53
Beginning of the Month Discounted Receivables: $0.00
Beginning of the Month Total Receivables: $3,536,234,944.53
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: $3,277,529,803.74
End of the Month Finance Charge Receivables: $168,936,873.89
End of the Month Discounted Receivables: $0.00
End of the Month Total Receivables: $3,446,466,677.63
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 $977,529,803.74
End of the Month Transferor Percentage 29.83%
DELINQUENCIES AND LOSSES
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End of the Month Delinquencies:
30-59 Days Delinquent $74,460,386.09
60-89 Days Delinquent $55,931,288.47
90+ Days Delinquent $115,479,813.27
Total 30+ Days Delinquent $245,871,487.83
Delinquent Percentage 7.13%
Defaulted Accounts During the Month $24,153,554.89
Annualized Default Percentage 8.63%
Mar-2001 1995-A Page 2
Principal Collections $427,590,446.16
Principal Payment Rate 12.73%
Total Payment Rate 13.69%
INITIAL INVESTED AMOUNTS
Class A Initial Invested Amount $368,000,000.00
Class B Initial Invested Amount $32,000,000.00
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TOTAL INITIAL INVESTED AMOUNT $400,000,000.00
INVESTED AMOUNTS
Class A Invested Amount $368,000,000.00
Class B Invested Amount $32,000,000.00
---------------
TOTAL INVESTED AMOUNT $400,000,000.00
FLOATING ALLOCATION PERCENTAGE 11.91%
PRINCIPAL ALLOCATION PERCENTAGE 11.91%
MONTHLY SERVICING FEE $500,000.00
INVESTOR DEFAULT AMOUNT $2,875,593.70
CLASS A AVAILABLE FUNDS
-----------------------
CLASS A FLOATING ALLOCATION PERCENTAGE 92.00%
Class A Finance Charge Collections $6,660,161.00
Other Amounts $0.00
TOTAL CLASS A AVAILABLE FUNDS $6,660,161.00
Class A Monthly Interest $1,770,897.78
Class A Servicing Fee $460,000.00
Class A Investor Default Amount $2,645,546.21
TOTAL CLASS A EXCESS SPREAD $1,783,717.01
REQUIRED AMOUNT $0.00
Mar-2001 1995-A Page 3
CLASS B AVAILABLE FUNDS
-----------------------
CLASS B FLOATING ALLOCATION PERCENTAGE 8.00%
Class B Finance Charge Collections $579,144.43
Other Amounts $0.00
TOTAL CLASS B AVAILABLE FUNDS $579,144.43
Class B Monthly Interest $157,120.00
Class B Servicing Fee $40,000.00
TOTAL CLASS B EXCESS SPREAD $382,024.43
EXCESS SPREAD
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TOTAL EXCESS SPREAD $2,165,741.44
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 Items $230,047.49
Excess Spread Applied to Class B Investor Charge Offs $0.00
Excess Spread Applied to Monthly Cash Collateral Fee $28,075.46
Excess Spread Applied to Cash Collateral Account $0.00
Excess Spread Applied to Reserve Account $0.00
Excess Spread Applied to other amounts owed to
Cash Collateral Depositor $0.00
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE FOR
GROUP I $1,907,618.49
Mar-2001 1995-A Page 4
EXCESS FINANCE CHARGE COLLECTIONS -- GROUP I
--------------------------------------------
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES
IN GROUP I $10,784,023.87
SERIES 1995-A EXCESS FINANCE CHARGE COLLECTIONS
-----------------------------------------------
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO
SERIES 1995-A $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 Items $0.00
Excess Finance Charge Collections applied to
Class B Investor Charge Offs $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
-------------------
Base Rate (Current Month) 7.42%
Base Rate (Prior Month) 7.83%
Base Rate (Two Months Ago) 8.14%
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THREE MONTH AVERAGE BASE RATE 7.80%
Portfolio Yield (Current Month) 13.09%
Portfolio Yield (Prior Month) 9.94%
Portfolio Yield (Two Months Ago) 12.81%
------
THREE MONTH AVERAGE PORTFOLIO YIELD 11.95%
Mar-2001 1995-A Page 5
PRINCIPAL COLLECTIONS
---------------------
CLASS A PRINCIPAL PERCENTAGE 92.00%
Class A Principal Collections $46,834,111.58
CLASS B PRINCIPAL PERCENTAGE 8.00%
Class B Principal Collections $4,072,531.45
TOTAL PRINCIPAL COLLECTIONS $50,906,643.03
INVESTOR DEFAULT AMOUNT $2,875,593.70
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 $53,782,236.73
INVESTOR CHARGE OFFS
--------------------
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
-----------------------
Required Cash Collateral Amount $52,000,000.00
Available Cash Collateral Amount $52,000,000.00
Mar-2001 1995-A Page 6
INTEREST RATE CAP PAYMENTS
--------------------------
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