JPMorgan Chase Bank, National Association - FORM 8-K - EX-99.1 - EXCESS SPREAD ANALYSIS - January 18, 2011

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 JANUARY 18, 2011 DISTRIBUTION - JPMorgan Chase Bank, National Associationdex992.htm

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - December 2010

 

Series

Deal Size

Expected Maturity

    2003-4
$725MM
10/15/2013		  

Yield

         18.58 % 

Less:

    Coupon      0.62 % 
   Servicing Fee      1.50 % 
   Net Credit Losses      7.10 % 

Excess Spread :

   
   December-10      9.36 % 
   November-10      8.23 % 
   October-10      8.32 % 

Three Month Average Excess Spread

      8.64 % 

Delinquency:

   
   30 to 59 Days      0.91 % 
   60 to 89 Days      0.76 % 
   90+ Days      1.98 % 
   Total      3.65 % 

Principal Payment Rate

      21.46 %