Exhibit 28G
CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
First USA Bank, National Association
FIRST CHICAGO MASTER TRUST II
Series 1999-X
July 10, 2002
Under the Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of June 1, 1990 as amended and restated as of September 1,
1999, by and between First USA Bank, National Association,, as Seller and
Servicer ("First USA"), and Norwest Bank Minnesota, National Association, as
Trustee, (the "Trustee"), as amended and supplemented by the Series 1999-X
Supplement dated as of June 1, 1999 by and between First USA and the Trustee,
First USA, as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Class A Certificateholders and
the performance of the First Chicago Master Trust II (the "Trust") during the
previous period. The information which is required to be prepared with respect
to the distribution on the July 15, 2002 Payment Date and with respect to the
performance of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the aggregate amounts
for the Trust as a whole. All capitalized terms used herein shall have the
respective meanings set forth in the Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution (Stated on the Basis of $1,000
Original Principal Amount)
1. The total amount of the distribution to Class A Adjusted
Certificateholders on the Payment Date per $1,000 interest. $1.548
2. The amount of the distribution set forth in paragraph 1 above in
respect of principal on the Class A Adjusted Certificates, per $1,000
interest $0.000
3. The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Adjusted Certificates, per $1,000
interest $1.548
B. Information Regarding the Performance of the Trust
1. Collections of Receivables
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a. The aggregate amount of Collections of Receivables processed for the
Due Period with respect to the current Distribution Date which were
allocated in respect of the Investor Certificates of all Series $1,258,578,450.11
b. The aggregate amount of Collections of Receivables processed for the
Due Period with respect to the current Distribution Date which were
allocated in respect of the Series 1999-X Certificates $280,037,080.63
c. The aggregate amount of Collections of Receivables processed for the
Due Period with respect to the current Distribution Date which were
allocated in respect of the Class A Certificates $245,032,445.60
d. The amount of Collections of Receivables processed for the Due Period
with respect to the current Distribution Date which were allocated in
respect of the Class A Adjusted Certificates, per $1,000
interest $326.710
e. The amount of Excess Spread for the Due Period with respect to the
current Distribution Date $8,706,727.10
f. The amount of Reallocated Principal Collections for the Due Period
with respect to the current Distribution Date allocated in respect of
the Class A Certificates $0.00
g. The amount of Excess Finance Charge Collections allocated in respect
of the Series 1999-X Certificates, if any $0.00
Series 1999-X
h. The amount of Excess Principal Collections allocated in respect of the
Series 1999-X Certificates, if any $0.00
2. Receivables in Trust
-------------------------
a. Aggregate Principal Receivables for the Due Period with respect to the
current Distribution Date (which reflects the Principal Receivables
represented by the Exchangeable Seller's Certificate and by the
Investor Certificates of all Series) $13,325,948,054.32
b. The amount of Principal Receivables in the Trust represented by the
Series 1999-X Certificates (the "Adjusted Invested Amount") for the
Due Period with respect to the current Distribution Date $857,142,857.00
c. The amount of Principal Receivables in the Trust represented by the
Class A Certificates (the "Class A Adjusted Invested Amount") for the
Due Period with respect to the current Distribution Date $750,000,000.00
d. The Invested Amount for the Due Period with respect to the current
Distribution Date $857,142,857.00
e. The Class A Invested Amount for the Due Period with respect to the
current Distribution Date $750,000,000.00
f. The Invested Percentage with respect to Finance Charge Receivables
(including Interchange) and Defaulted Receivables for the Series
1999-X Certificates for the Due Period with respect to the current
Distribution Date 6.432%
g. The Invested Percentage with respect to Principal Receivables for the
Series 1999-X Certificates for the Due Period with respect to the
current Distribution Date 6.432%
h. The Class A Floating Percentage for the Due Period with respect to the
current Distribution Date 87.500%
i. The Class A Principal Percentage for the Due Period with respect to
the current Distribution Date 87.500%
j. The Collateral Floating Percentage for the Due Period with respect to
the current Distribution Date 12.500%
k. The Collateral Principal Percentage for the Due Period with respect to
the current Distribution Date 12.500%
3. Delinquent Balances
------------------------
The aggregate amount of outstanding balances in the Accounts which
were 30 or more days delinquent as of the end of the Due Period for
the current Distribution Date $480,799,150.76
Series 1999-X
4. Investor Default Amount
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a. The aggregate amount of all Defaulted Receivables
written off as uncollectible during the Due Period
with respect to the current Distribution Date
allocable to the Series 1999-X Certificates (the
"Investor Default Amount")
1. Investor Default Amount $4,385,374.35
2. Recoveries $277,815.86
3. Net Default Receivables $4,107,558.49
b. The Class A Investor Default Amount
1. Investor Default Amount $3,837,202.56
2. Recoveries $243,088.88
3. Net Default Receivables $3,594,113.68
c. The Collateral Investor Default Amount
1. Investor Default Amount $548,171.79
2. Recoveries $34,726.98
3. Net Default Receivables $513,444.81
5. Investor Charge-offs.
-------------------------
a. The amount of the Class A Adjusted Investor
Charge-Offs per $1,000 interest after reimbursement
of any such Class A Adjusted Investor Charge-Offs
for the Due Period with respect to the current
Distribution Date $0.00
b. The amount attributable to Class A Adjusted
Investor Charge-Offs, if any, by which the
principal balance of the Class A Adjusted
Certificates exceeds the Class A Adjusted Invested
Amount as of the end of the day on the Record Date
with respect to the current Distribution Date $0.00
c. The amount of the Collateral Charge-Offs,if any,
for the Due Period with respect to the current
Distribution Date $0.00
6. Monthly Servicing Fee
-------------------------
a. The amount of the Monthly Servicing Fee payable
from available funds by the Trust to the Servicer
with respect to the current Distribution Date
$178,571.43
b. The amount of the Interchange Monthly Servicing Fee
payable to the Servicer with respect to the current
Distribution Date $892,857.14
7. Available Cash Collateral Amount
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a The amount, if any, withdrawn from the Cash
Collateral Account for the current Distribution
Date (the "Withdrawal Amount") $0.00
b. The amount available to be withdrawn from the Cash
Collateral Account as of the end of the day on the
current Distribution Date, after giving effect to
all withdrawals, deposits and payments to be made
on such Distribution Date (the "Available Cash
Collateral Amount" for the next Distribution Date) $8,571,429.00
Series: 1999-X
c. The amount as computed in 7.b as a percentage of
the Class A Adjusted Invested Amount after giving
effect to all reductions thereof on the current
Distribution Date 1.143%
8. Collateral Invested Amount
------------------------------
a. The Collateral Invested Amount for the current
Distribution Date $107,142,857.00
b. The Collateral Invested Amount after giving effect
to all withdrawals, deposits, and payments on the
current Distribution Date $107,142,857.00
9. Total Enhancement
---------------------
a. The total Enhancement for the current Distribution
Date $115,714,286.00
b. The total Enhancement after giving effect to all
withdrawals, deposits and payments on the current
Distribution Date $115,714,286.00
C. The Pool Factor
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The Pool Factor (which represents the ratio of the
Class A Adjusted Invested Amount on the last day of
the month ending on the Record Date adjusted for
Class A Adjusted Investor Charge-Offs set forth in
B.5.a above and for the distributions of principal
set forth in A.2 above to the Class A Adjusted
Initial Invested Amount). The amount of a Class A
Adjusted Certificateholder's pro rata share of the
Class A Adjusted Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Adjusted Certificate by the Pool
Factor 100.00000000%
D. Principal Funding Account
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1. The Principal Funding Investment Proceeds deposited
in the Collection Account for the current
Distribution Date to be treated as Class A
Available Funds $0.00
2. The Excess Principal Funding Investment Proceeds
for the current Distribution Date $0.00
3. The Principal Funding Account Balance as of the end
of the day on the current Distribution Date $0.00
4. The Deficit Controlled Accumulation Amount for the
preceding Due Period $0.00
E. Reserve Account
- --------------------
1. The Reserve Draw Amount for the current
Distribution Date $0.00
2. The amount on deposit in the Reserve Account as of
the end of the day on the current Distribution Date
(the "Available Reserve Account Amount" for the
next Distribution Date) $0.00
CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
Signature Page
First USA Bank, National Association
as Servicer
By: /s/ Michael J. Grubb
-----------------------------------
MICHAEL J. GRUBB
Title: FIRST VICE PRESIDENT