EXHIBIT 28A
First Chicago Credit Card Master Trust II
Excess Spread Analysis - May 2001
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Series 95-M 95-O 96-Q 96-S 97-U 98-V
Deal Size $500MM $500MM $900MM $700MM $400MM $1BIL
Expected Maturity 10/15/02 12/16/02 2/15/02 12/16/02 10/15/02 10/15/01
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Yield 22.33% 22.33% 22.33% 22.33% 22.33% 22.33%
Less: Coupon 4.39% 4.39% 4.28% 4.30% 4.28% 4.48%
Servicing Fee 1.50% 1.50% 1.50% 1.50% 1.50% 1.50%
Net Credit Losses 7.32% 7.32% 7.32% 7.32% 7.32% 7.32%
Excess Spread:
May-01 9.13% 9.13% 9.23% 9.22% 9.23% 9.04%
April-01 8.46% 8.45% 8.56% 8.54% 8.56% 8.40%
March-01 9.17% 9.17% 9.27% 9.26% 9.27% 9.09%
Three Month Average Excess 8.92% 8.92% 9.02% 9.01% 9.02% 8.84%
Spread
Delinquency:
30 to 59 Days 1.29% 1.29% 1.29% 1.29% 1.29% 1.29%
60 to 89 Days 0.89% 0.89% 0.89% 0.89% 0.89% 0.89%
90+ Days 1.80% 1.80% 1.80% 1.80% 1.80% 1.80%
Total 3.98% 3.98% 3.98% 3.98% 3.98% 3.98%
Payment Rate 31.87% 31.87% 31.87% 31.87% 31.87% 31.87%
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Series 99-W 99-X 99-Y
Deal Size $750MM $750MM $550MM
Expected Maturity 3/15/02 6/16/03 8/15/03
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Yield 22.33% 22.33% 22.33%
Less: Coupon 4.35% 4.38% 4.38%
Servicing Fee 1.50% 1.50% 1.50%
Net Credit Losses 7.32% 7.32% 7.32%
Excess Spread:
May-01 9.17% 9.14% 9.14%
April-01 8.50% 8.46% 8.46%
March-01 9.22% 9.18% 9.18%
Three Month Average Excess Spread 8.96% 8.93% 8.93%
Delinquency:
30 to 59 Days 1.29% 1.29% 1.29%
60 to 89 Days 0.89% 0.89% 0.89%
90+ Days 1.80% 1.80% 1.80%
Total 3.98% 3.98% 3.98%
Payment Rate 31.87% 31.87% 31.87%
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