EXHIBIT 28.A
First Chicago Credit Card Master Trust II
Excess Spread Analysis - May 2002
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Series 95-M 95-O 96-S 97-U 99-X 99-Y
Deal Size $500MM $500MM $700MM $400MM $750MM $550MM
Expected Maturity 10/15/02 12/16/02 12/16/02 10/15/02 6/16/03 8/15/03
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Yield 20.27% 20.27% 20.27% 20.27% 20.27% 20.27%
Less: Coupon 2.10% 2.10% 2.02% 2.00% 2.09% 2.10%
Servicing Fee 1.50% 1.50% 1.50% 1.50% 1.50% 1.50%
Net Credit Losses 6.09% 6.09% 6.09% 6.09% 6.09% 6.09%
Excess Spread:
May-02 10.58% 10.58% 10.67% 10.68% 10.59% 10.59%
April-02 9.76% 9.75% 9.84% 9.86% 9.77% 9.76%
March-02 11.07% 11.06% 11.15% 11.17% 11.08% 11.07%
Three Month Average Excess Spread 10.47% 10.47% 10.55% 10.57% 10.48% 10.47%
Delinquency:
30 to 59 Days 1.17% 1.17% 1.17% 1.17% 1.17% 1.17%
60 to 89 Days 0.84% 0.84% 0.84% 0.84% 0.84% 0.84%
90+ Days 1.59% 1.59% 1.59% 1.59% 1.59% 1.59%
Total 3.60% 3.60% 3.60% 3.60% 3.60% 3.60%
Payment Rate 33.04% 33.04% 33.04% 33.04% 33.04% 33.04%
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