Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - September 2011
Series | 2003-4 | |||
Deal Size | $725MM | |||
Expected Maturity | 10/15/2013 | |||
Yield | 18.02 | % | ||
Less: Coupon | 0.59 | % | ||
Servicing Fee | 1.50 | % | ||
Net Credit Losses | 4.20 | % | ||
Excess Spread : | ||||
September-11 | 11.73 | % | ||
August-11 | 10.87 | % | ||
July-11 | 11.67 | % | ||
Three Month Average Excess Spread | 11.42 | % | ||
Delinquency: | ||||
30 to 59 Days | 0.67 | % | ||
60 to 89 Days | 0.57 | % | ||
90+ Days | 1.31 | % | ||
Total | 2.55 | % | ||
Principal Payment Rate | 22.24 | % |