JPMorgan Chase Bank, National Association - FORM 8-K - EX-99.1 - EXCESS SPREAD ANALYSIS - September 15, 2010

Attached files

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8-K - FORM 8-K - JPMorgan Chase Bank, National Associationd8k.htm
EX-99.2 - MONTHLY REPORTS WITH RESPECT TO THE SEPTEMBER 15, 2010 DISTRIBUTION - JPMorgan Chase Bank, National Associationdex992.htm

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - August 2010

 

Series

Deal Size

Expected Maturity

    2003-4
$725MM
10/15/2013		  

Yield

       17.80 % 

Less:

   

Coupon

    0.63 % 
  

Servicing Fee

    1.50 % 
  

Net Credit Losses

    8.93 % 

Excess Spread :

   
  

August-10

    6.74 % 
  

July-10

    7.33 % 
  

June-10

    7.70 % 

Three Month Average Excess Spread

    7.26 % 

Delinquency:

   
  

30 to 59 Days

    1.02 % 
  

60 to 89 Days

    0.80 % 
  

90+ Days

    2.20 % 
  

Total

    4.02 % 

Principal Payment Rate

    19.71 %