Exhibit 99.3


Report of Independent Accountants
- ---------------------------------


JPMorgan Chase Bank, Servicer
and
Chase Manhattan Bank USA, N.A., Transferor,
and
The Bank of New York, Trustee

We have examined management's assertion, included in the accompanying Management
Report on Internal Control over Servicing of Securitized Credit Card
Receivables, that JPMorgan Chase Bank (the "Bank") maintained effective internal
control over servicing of securitized credit card receivables as of December 31,
2002, based upon the criteria for effective internal control established in
"Internal Control - Integrated Framework" issued by the Committee of Sponsoring
Organizations of the Treadway Commission. The Bank's management is responsible
for maintaining effective internal control over servicing of securitized credit
card receivables. Our responsibility is to express an opinion on management's
assertion based on our examination.

Our examination was conducted in accordance with attestation standards
established by the American Institute of Certified Public Accountants and,
accordingly, included obtaining an understanding of internal control over
servicing of the securitized credit card receivables, testing and evaluating the
design and operating effectiveness of internal control, and performing such
other procedures as we considered necessary in the circumstances. We believe
that our examination provides a reasonable basis for our opinion.

Because of inherent limitations in any internal control, misstatement due to
error or fraud may occur and not be detected. Also, projections of any
evaluation of internal control over servicing of securitized credit card
receivables to future periods are subject to the risk that the internal control
may become inadequate because of changes in conditions, or that the degree of
compliance with the policies or procedures may deteriorate.

In our opinion, management's assertion that JPMorgan Chase Bank maintained
effective internal control over servicing of securitized credit card receivables
as of December 31, 2002, is fairly stated, in all material respects, based upon
the criteria for effective internal control established in "Internal Control -
Integrated Framework" issued by the Committee of Sponsoring Organizations of the
Treadway Commission.




March 25, 2003