EXHIBIT 99.1
CC MASTER CREDIT CARD TRUST II
Excess Spread Analysis - August 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 20.78% 20.78% 21.67% 20.78% 20.78%
Less: Coupon 3.90% 3.91% 3.89% 3.88% 3.91%
Servicing Fee 1.50% 1.50% 1.50% 1.50% 1.50%
Net Credit Losses 7.84% 7.84% 7.84% 7.84% 7.84%
Excess Spread:
August-01 7.54% 7.53% 8.43% 7.56% 7.53%
July-01 5.60% 5.58% 5.60% 5.62% 5.59%
June-01 4.39% 4.38% 4.40% 4.41% 4.39%
Three month Average Excess Spread 5.84% 5.83% 6.15% 5.86% 5.84%
Delinquency:
30 to 59 days 2.16% 2.16% 2.16% 2.16% 2.16%
60 to 89 days 1.55% 1.55% 1.55% 1.55% 1.55%
90 + days 2.94% 2.94% 2.94% 2.94% 2.94%
Total 6.66% 6.66% 6.66% 6.66% 6.66%
Payment Rate 14.49% 14.49% 14.49% 14.49% 14.49%