EXHIBIT 99.3
May-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: $3,208,790,692.40
Beginning of the Month Finance Charge Receivables: $ 163,530,104.34
Beginning of the Month Discounted Receivables: $ 0.00
Beginning of the Month Total Receivables: $3,372,320,796.74
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: $3,147,935,537.87
End of the Month Finance Charge Receivables: $ 159,056,585.18
End of the Month Discounted Receivables: $ 0.00
End of the Month Total Receivables: $3,306,992,123.05
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 $ 847,935,537.87
End of the Month Transferor Percentage 26.94%
DELINQUENCIES AND LOSSES
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End of the Month Delinquencies:
30-59 Days Delinquent $ 71,394,092.52
60-89 Days Delinquent $ 51,307,483.88
90+ Days Delinquent $ 102,818,374.25
Total 30+ Days Delinquent $ 225,519,950.65
Delinquent Percentage 6.82%
Defaulted Accounts During the Month $ 25,049,801.51
Annualized Default Percentage 9.37%
May-2001 1995-A Page 2
Principal Collections $411,386,451.79
Principal Payment Rate 12.82%
Total Payment Rate 13.70%
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
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TOTAL INVESTED AMOUNT $400,000,000.00
FLOATING ALLOCATION PERCENTAGE 12.47%
PRINCIPAL ALLOCATION PERCENTAGE 12.47%
MONTHLY SERVICING FEE $ 500,000.00
INVESTOR DEFAULT AMOUNT $ 3,122,646.99
CLASS A AVAILABLE FUNDS
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CLASS A FLOATING ALLOCATION PERCENTAGE 92.00%
Class A Finance Charge Collections $ 6,266,764.15
Other Amounts $ 0.00
TOTAL CLASS A AVAILABLE FUNDS $ 6,266,764.15
Class A Monthly Interest $ 1,385,596.67
Class A Servicing Fee $ 460,000.00
Class A Investor Default Amount $ 2,872,835.23
TOTAL CLASS A EXCESS SPREAD $ 1,548,332.25
REQUIRED AMOUNT $ 0.00
May-2001 1995-A Page 3
CLASS B AVAILABLE FUNDS
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CLASS B FLOATING ALLOCATION PERCENTAGE 8.00%
Class B Finance Charge Collections $ 544,936.03
Other Amounts $ 0.00
TOTAL CLASS B AVAILABLE FUNDS $ 544,936.03
Class B Monthly Interest $ 123,517.78
Class B Servicing Fee $ 40,000.00
TOTAL CLASS B EXCESS SPREAD $ 381,418.25
EXCESS SPREAD
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TOTAL EXCESS SPREAD $1,929,750.50
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 $ 249,811.76
Excess Spread Applied to Class B Investor Charge Offs $ 0.00
Excess Spread Applied to Monthly Cash Collateral Fee $ 27,198.10
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 $1,652,740.64
May-2001 1995-A Page 4
EXCESS FINANCE CHARGE COLLECTIONS -- GROUP I
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TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES
IN GROUP I $8,695,919.94
SERIES 1995-A EXCESS FINANCE CHARGE COLLECTIONS
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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
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Base Rate (Current Month) 6.38%
Base Rate (Prior Month) 7.28%
Base Rate (Two Months Ago) 7.42%
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THREE MONTH AVERAGE BASE RATE 7.03%
Portfolio Yield (Current Month) 11.07%
Portfolio Yield (Prior Month) 11.84%
Portfolio Yield (Two Months Ago) 13.09%
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THREE MONTH AVERAGE PORTFOLIO YIELD 12.00%
May-2001 1995-A Page 5
PRINCIPAL COLLECTIONS
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CLASS A PRINCIPAL PERCENTAGE 92.00%
Class A Principal Collections $47,179,834.63
CLASS B PRINCIPAL PERCENTAGE 8.00%
Class B Principal Collections $ 4,102,594.32
TOTAL PRINCIPAL COLLECTIONS $51,282,428.95
INVESTOR DEFAULT AMOUNT $ 3,122,646.99
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 $54,405,075.94
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
May-2001 1995-A 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
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Tracie H. Klein
First Vice President