Exhibit 99.3
Feb-2002 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
-----------
Beginning of the Month Principal Receivables: $ 2,713,239,181.93
Beginning of the Month Finance Charge Receivables: $ 146,779,029.04
Beginning of the Month Discounted Receivables: $ 0.00
Beginning of the Month Total Receivables: $ 2,860,018,210.97
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: $ 2,668,455,029.71
End of the Month Finance Charge Receivables: $ 148,493,762.13
End of the Month Discounted Receivables: $ 0.00
End of the Month Total Receivables: $ 2,816,948,791.84
Special Funding Account Balance $ 0.00
Aggregate Invested Amount (all Master Trust II Series) $ 1,850,000,000.00
End of the Month Transferor Amount $ 818,455,029.71
End of the Month Transferor Percentage 30.67%
DELINQUENCIES AND LOSSES
------------------------
End of the Month Delinquencies:
30-59 Days Delinquent $ 64,033,331.83
60-89 Days Delinquent $ 47,172,661.75
90+ Days Delinquent $ 97,149,792.49
Total 30+ Days Delinquent $ 208,355,786.07
Delinquent Percentage 7.40%
Defaulted Accounts During the Month $ 18,480,322.81
Annualized Default Percentage 8.17%
Feb-2002 1995-A Page 2
Principal Collections $ 283,289,956.30
Principal Payment Rate 10.44%
Total Payment Rate 11.29%
INITIAL INVESTED AMOUNTS
Class A Initial Invested Amount $ 368,000,000.00
Class B Initial Invested Amount $ 32,000,000.00
----------------
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 14.74%
PRINCIPAL ALLOCATION PERCENTAGE 14.74%
MONTHLY SERVICING FEE $ 500,000.00
INVESTOR DEFAULT AMOUNT $ 2,724,466.46
CLASS A AVAILABLE FUNDS
-----------------------
CLASS A FLOATING ALLOCATION PERCENTAGE 92.00%
Class A Finance Charge Collections $ 5,817,060.13
Other Amounts $ 0.00
TOTAL CLASS A AVAILABLE FUNDS $ 5,817,060.13
Class A Monthly Interest $ 600,351.11
Class A Servicing Fee $ 460,000.00
Class A Investor Default Amount $ 2,506,509.14
TOTAL CLASS A EXCESS SPREAD $ 2,250,199.88
REQUIRED AMOUNT $ 0.00
Feb-2002 1995-A Page 3
CLASS B AVAILABLE FUNDS
-----------------------
CLASS B FLOATING ALLOCATION PERCENTAGE 8.00%
Class B Finance Charge Collections $ 505,831.32
Other Amounts $ 0.00
TOTAL CLASS B AVAILABLE FUNDS $ 505,831.32
Class B Monthly Interest $ 54,942.22
Class B Servicing Fee $ 40,000.00
TOTAL CLASS B EXCESS SPREAD $ 410,889.10
EXCESS SPREAD
-------------
TOTAL EXCESS SPREAD $2,661,088.98
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 $ 217,957.32
Excess Spread Applied to Class B Investor Charge Offs $ 0.00
Excess Spread Applied to Monthly Cash Collateral Fee $ 26,133.33
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 $2,416,998.33
Feb-2002 1995-A Page 4
EXCESS FINANCE CHARGE COLLECTIONS -- GROUP I
--------------------------------------------
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES
IN GROUP I $ 11,048,395.72
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
-------------------
Base Rate (Current Month) 4.11%
Base Rate (Prior Month) 4.08%
Base Rate (Two Months Ago) 4.15%
-------
THREE MONTH AVERAGE BASE RATE 4.11%
Portfolio Yield (Current Month) 10.80%
Portfolio Yield (Prior Month) 12.81%
Portfolio Yield (Two Months Ago) 11.99%
-------
THREE MONTH AVERAGE PORTFOLIO YIELD 11.86%
Feb-2002 1995-A Page 5
PRINCIPAL COLLECTIONS
---------------------
CLASS A PRINCIPAL PERCENTAGE 92.00%
Class A Principal Collections $ 38,422,968.61
CLASS B PRINCIPAL PERCENTAGE 8.00%
Class B Principal Collections $ 3,341,127.70
TOTAL PRINCIPAL COLLECTIONS $ 41,764,096.31
INVESTOR DEFAULT AMOUNT $ 2,724,466.46
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 $ 44,488,562.77
INVESTOR CHARGE OFFS
--------------------
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
-----------------------
Required Cash Collateral Amount $ 52,000,000.00
Available Cash Collateral Amount $ 52,000,000.00
Feb-2002 1995-A Page 6
INTEREST RATE CAP PAYMENTS
--------------------------
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 H. Klein
---------------------------
Tracie H. Klein
First Vice President