Page 1
Exhibit 99.6
MONTHLY STATEMENT TO CERTIFICATEHOLDERS
SERIES 1996-A
CC MASTER CREDIT CARD TRUST II
(Formerly Chevy Chase Master Credit Card Trust II)
RECEIVABLES
Beginning of the Month Principal Receivables: $ 2,927,221,831.62
Beginning of the Month Finance Charge Receivables: $ 123,281,208.34
Beginning of the Month Discounted Receivables: $ 0.00
Beginning of the Month Total Receivables: $ 3,050,503,039.96
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: $ 2,871,115,274.03
End of the Month Finance Charge Receivables: $ 129,251,987.60
End of the Month Discounted Receivables: $ 0.00
End of the Month Total Receivables: $ 3,000,367,261.63
Special Funding Account Balance $ 0.00
Aggregate Invested Amount (all Master Trust Series) $ 2,300,000,000.00
End of the Month Transferor Amount $ 571,115,274.03
End of the Month Transferor Percentage 19.89%
DELINQUENCIES AND LOSSES
End of the Month Delinquencies: RECEIVABLES
30-59 Days Delinquent $ 71,846,992.37
60-89 Days Delinquent $ 49,157,442.77
90+ Days Delinquent $ 101,797,572.61
Page 2
Total 30+ Days Delinquent $ 222,802,007.75
Delinquent Percentage 7.43%
Defaulted Accounts During the Month $ 18,918,546.75
Annualized Default Percentage 7.76%
Principal Collections 412,466,689.84
Principal Payment Rate 14.09%
Total Payment Rate 14.94%
INVESTED AMOUNTS
Class A Initial Invested Amount $ 369,000,000.00
Class B Initial Invested Amount $ 38,250,000.00
Class C Initial Invested Amount $ 42,750,000.00
INITIAL INVESTED AMOUNT $ 450,000,000.00
Class A Invested Amount $ 369,000,000.00
Class B Invested Amount $ 38,250,000.00
Class C Invested Amount $ 42,750,000.00
INVESTED AMOUNT $ 450,000,000.00
FLOATING ALLOCATION PERCENTAGE 15.37%
PRINCIPAL ALLOCATION PERCENTAGE 15.37%
MONTHLY SERVICING FEE $ 562,500.00
INVESTOR DEFAULT AMOUNT $ 2,908,329.27
CLASS A AVAILABLE FUNDS--
CLASS A FLOATING PERCENTAGE 82.00%
Class A Finance Charge Collections $ 5,902,050.88
Other Amounts $ 0.00
TOTAL CLASS A AVAILABLE FUNDS $ 5,902,050.88
Page 3
Class A Monthly Interest $ 1,700,475.00
Class A Servicing Fee $ 461,250.00
Class A Investor Default Amount $ 2,384,830.00
TOTAL CLASS A EXCESS SPREAD $ 1,355,495.88
REQUIRED AMOUNT $ 0.00
CLASS B AVAILABLE FUNDS
CLASS B FLOATING PERCENTAGE 8.50%
Class B Finance Charge Collections $ 611,797.98
Other Amounts $ 0.00
TOTAL CLASS B AVAILABLE FUNDS $ 611,797.98
Class B Monthly Interest $ 183,440.63
Class B Servicing Fee $ 47,812.50
TOTAL CLASS B EXCESS SPREAD $ 380,544.85
CLASS B INVESTOR DEFAULT AMOUNT 247,207.99
CLASS B REQUIRED AMOUNT 247,207.99
EXCESS SPREAD --
TOTAL EXCESS SPREAD $ 2,366,377.41
Excess Spread Applied to Class A Required Amount $ 0.00
Excess Spread Applied to Class A Investor
Charge Offs $ 0.00
Excess Spread Applied to Class B
Required Amount $ 247,207.99
Excess Spread Applied to Reductions of $ 0.00
Class B Invested Amount
Page 4
Excess Spread Applied to Class C Required Amount $ 503,578.78
Excess Spread Applied to Reductions of
Class C Invested Amount $ 0.00
Excess Spread Applied to Monthly Cash $ 93,750.00
Collateral Fee
Excess Spread Applied to Cash Collateral $ 0.00
Account
Excess Spread Applied to Spread Account $ 1,521,840.64
Excess Spread Applied to Reserve Account $ 0.00
Excess Spread Applied to other amounts owed $ 0.00
Cash Collateral Depositor
Excess Spread Applied to other amounts owed to
Spread Account Residual Interest Holders $ 0.00
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE
FOR GROUP I $ 0.00
EXCESS FINANCE CHARGES COLLECTIONS -- GROUP I --
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL
SERIES IN GROUP I $ 0.00
SERIES 1996-A EXCESS FINANCE CHARGE COLLECTIONS --
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO $ 0.00
SERIES 1996-A
Excess Finance Charge Collections Applied to
Class A 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 Required Amount $ 0.00
Page 5
Excess Finance Charge Collections Applied to
Reductions of Class B Invested Amount $ 0.00
Excess Finance Charge Collections Applied to
Class C Required Amount $ 0.00
Excess Finance Charge Collections Applied to
Reductions of Class C Invested Amount $ 0.00
Excess Finance Charge Collections Applied to
Monthly Cash Collateral Fee $ 0.00
Excess Finance Charge Collections Applied to
other amounts owed Cash Collateral Depositor $ 0.00
Excess Finance Charge Collections Applied to
other amounts owed to Spread Account Residual
Interest Holders $ 0.00
YIELD AND BASE RATE --
Base Rate (Current Month) 7.63%
Base Rate (Prior Month) 7.52%
Base Rate (Two Months Ago) 7.43%
THREE MONTH AVERAGE BASE RATE 7.53%
Portfolio Yield (Current Month) 11.44%
Portfolio Yield (Prior Month) 12.90%
Portfolio Yield (Two Months Ago) 9.95%
THREE MONTH AVERAGE PORTFOLIO YIELD 11.43%
PRINCIPAL COLLECTIONS --
TOTAL PRINCIPAL COLLECTIONS $ 63,408,091.74
REALLOCATED PRINCIPAL COLLECTIONS
Allocable to Class C Interests $ 0.00
Allocable to Class B Certificates $ 0.00
SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER $ 0.00
SERIES
Page 6
CLASS A SCHEDULED AMORTIZATION --
Controlled Amortization Amount $ 0.00
Deficit Controlled Amortization Amount $ 0.00
CONTROLLED DEPOSIT AMOUNT $ 0.00
CLASS B SCHEDULED AMORTIZATION --
Controlled Accumulation Amount $ 0.00
Deficit Controlled Accumulation Amount $ 0.00
CONTROLLED DEPOSIT AMOUNT $ 0.00
EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR PRINCIPAL $ 63,408,091.74
SHARING
INVESTOR CHARGE OFFS --
CLASS A INVESTOR CHARGE OFFS $ 0.00
CLASS B INVESTOR CHARGE OFFS $ 0.00
CLASS C INVESTOR CHARGE OFFS $ 0.00
PREVIOUS CLASS A CHARGE OFFS REIMBURSED $ 0.00
PREVIOUS CLASS B CHARGE OFFS REIMBURSED $ 0.00
PREVIOUS CLASS C CHARGE OFFS REIMBURSED $ 0.00
CASH COLLATERAL ACCOUNT --
Required Cash Collateral Amount $ 13,500,000.00
Available Cash Collateral Amount $ 13,500,000.00
Page 7
TOTAL DRAW AMOUNT $ 0.00
CASH COLLATERAL ACCOUNT SURPLUS $ 0.00
First USA Bank, NA
as Servicer
By: /s/ Tracie H. Klein
-------------------------
Tracie H. Klein
First Vice President