Exhibit 99.3
Jul-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: $3,098,024,749.89
Beginning of the Month Finance Charge Receivables: $162,066,884.47
Beginning of the Month Discounted Receivables: $0.00
Beginning of the Month Total Receivables: $3,260,091,634.36
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: $3,024,287,762.59
End of the Month Finance Charge Receivables: $158,594,189.53
End of the Month Discounted Receivables: $0.00
End of the Month Total Receivables: $3,182,881,952.12
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 $724,287,762.59
End of the Month Transferor Percentage 23.95%
DELINQUENCIES AND LOSSES
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End of the Month Delinquencies:
30-59 Days Delinquent $68,778,881.00
60-89 Days Delinquent $48,978,616.74
90+ Days Delinquent $93,509,301.68
Total 30+ Days Delinquent $211,266,799.42
Delinquent Percentage 6.64%
Defaulted Accounts During the Month $25,369,964.00
Annualized Default Percentage 9.83%
Jul-2001 1995-A Page 2
Principal Collections $415,771,399.34
Principal Payment Rate 13.42%
Total Payment Rate 14.30%
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 12.91%
PRINCIPAL ALLOCATION PERCENTAGE 12.91%
MONTHLY SERVICING FEE $500,000.00
INVESTOR DEFAULT AMOUNT $3,275,630.89
CLASS A AVAILABLE FUNDS
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CLASS A FLOATING ALLOCATION PERCENTAGE 92.00%
Class A Finance Charge Collections $6,443,371.40
Other Amounts $0.00
TOTAL CLASS A AVAILABLE FUNDS $6,443,371.40
Class A Monthly Interest $1,251,200.00
Class A Servicing Fee $460,000.00
Class A Investor Default Amount $3,013,580.42
TOTAL CLASS A EXCESS SPREAD $1,718,590.98
REQUIRED AMOUNT $0.00
Jul-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 $560,293.17
Other Amounts $0.00
TOTAL CLASS B AVAILABLE FUNDS $560,293.17
Class B Monthly Interest $111,733.33
Class B Servicing Fee $40,000.00
TOTAL CLASS B EXCESS SPREAD $408,559.84
EXCESS SPREAD
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TOTAL EXCESS SPREAD $2,127,150.82
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 $262,050.47
Excess Spread Applied to Class B Investor Charge Offs $0.00
Excess Spread Applied to Monthly Cash Collateral Fee $26,666.66
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 $1,838,433.69
Jul-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 $10,381,471.68
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
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Base Rate (Current Month) 6.09%
Base Rate (Prior Month) 6.24%
Base Rate (Two Months Ago) 6.38%
----
THREE MONTH AVERAGE BASE RATE 6.24%
Portfolio Yield (Current Month) 11.18%
Portfolio Yield (Prior Month) 10.13%
Portfolio Yield (Two Months Ago) 11.07%
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THREE MONTH AVERAGE PORTFOLIO YIELD 10.79%
Jul-2001 1995-A Page 5
PRINCIPAL COLLECTIONS
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CLASS A PRINCIPAL PERCENTAGE 92.00%
Class A Principal Collections $49,387,557.32
CLASS B PRINCIPAL PERCENTAGE 8.00%
Class B Principal Collections $4,294,570.21
TOTAL PRINCIPAL COLLECTIONS $53,682,127.53
INVESTOR DEFAULT AMOUNT $3,275,630.89
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 $56,957,758.42
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
Jul-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
--------------------------------
Tracie H. Klein
First Vice President