EXHIBIT 99.1
CC MASTER CREDIT CARD TRUST II
Excess Spread Analysis - April 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 20.68% 20.68% 20.68% 20.68% 20.68%
Less: Coupon 5.28% 5.29% 5.27% 5.26% 5.29%
Servicing Fee 1.50% 1.50% 1.50% 1.50% 1.50%
Net Credit Losses 8.84% 8.84% 8.84% 8.84% 8.84%
Excess Spread:
April-01 5.05% 5.04% 5.06% 5.08% 5.05%
March-01 6.17% 6.16% 6.18% 6.19% 6.16%
February-01 2.62% 2.60% 2.62% 2.64% 2.61%
Three month Average Excess Spread 4.61% 4.60% 4.62% 4.63% 4.61%
Delinquency:
30 to 59 days 2.13% 2.13% 2.13% 2.13% 2.13%
60 to 89 days 1.58% 1.58% 1.58% 1.58% 1.58%
90 + days 3.31% 3.31% 3.31% 3.31% 3.31%
Total 7.03% 7.03% 7.03% 7.03% 7.03%
Payment Rate 13.55% 13.55% 13.55% 13.55% 13.55%