UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 1, 1998
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CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
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(Exact Name of registrant specified in its charter)
(Originator of the Chase Credit Card Master Trust)
United States 333-43173 22-2382028
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(Commission File (I.R.S. employer
(State or other Number) Identification No.)
Jurisdiction of
Incorporation)
802 Delaware Avenue
Wilmington, Delaware 19801
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(Address of principal executive offices)
Registrant's telephone number, including area code: (302) 575-5000
Item 5. Other Events
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On February 1, 1998, Assignment No. 4 of Receivables in Additional
Accounts, dated as of February 1, 1998 (the "Assignment"), among Chase Manhattan
Bank USA, National Association ("Chase USA"), as Transferor on and after June 1,
1996 and The Bank of New York, as Trustee (the "Trustee"), was executed and
delivered by the respective parties thereto in accordance with the terms of the
Second Amended and Restated Pooling and Servicing Agreement, dated as of
September 1, 1996 (the "Second Amended and Restated Pooling and Servicing
Agreement"), among Chase USA, as Transferor on and after June 1, 1996, The Chase
Manhattan Bank, as Transferor prior to June 1, 1996 and as Servicer ("CMB"), and
the Bank of New York, as Trustee.
Pursuant to the Assignment, approximately $1,339 million of Principal
Receivables and approximately $38 million of Finance Charge Receivables in
Additional Accounts were added to the Chase Credit Card Master Trust (the
"Trust"). On the date of their addition, such Additional Accounts had an
average Principal Receivable balance of $1,740.77 and an average credit limit of
$6,816.17. The percentage of aggregate total Receivable balance to the
aggregate total credit limit for such Additional Accounts was approximately 26%.
The average age of such Additional Accounts was approximately 114 months. At
February 1, 1998, cardholders whose Accounts were added to the Trust had billing
addresses in all 50 states and the District of Columbia. At such date,
approximately 68% of such Additional Accounts were standard accounts and
approximately 32% were premium accounts and the aggregate Principal Receivable
balances of standard accounts and premium accounts, as a percentage of the total
aggregate Principal Receivables added to the Trust, were approximately 65% and
35%, respectively. The Servicer does not believe that the addition of the
Receivables in such Additional Accounts had a material effect on the composition
of the assets of the Trust.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
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Exhibits
4.1 Assignment No. 4 of Receivables in Additional Accounts, dated as of
February 1, 1998 between Chase USA, as Transferor on and after June 1,
1996 and the Trustee.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
THE CHASE MANHATTAN BANK
By: /s/ Patrick J. Margey
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Name: Patrick J. Margey
Title: Vice President
Date: March 3, 1998
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INDEX TO EXHIBITS
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Exhibit Exhibit Sequentially
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Number Numbered Pages
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4.1 Assignment No. 4 of Receivables in 1
Additional Accounts, dated as
of February 1, 1998 between Chase
USA, as Transferor on and
after June 1, 1996 and the Trustee.