Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - October 2011
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 | |||
Yield | 17.56 | % | ||
Less: Coupon | 0.60 | % | ||
Servicing Fee | 1.50 | % | ||
Net Credit Losses | 4.28 | % | ||
Excess Spread : | ||||
October-11 | 11.18 | % | ||
September-11 | 11.73 | % | ||
August-11 | 10.87 | % | ||
Three Month Average Excess Spread | 11.26 | % | ||
Delinquency: | ||||
30 to 59 Days | 0.72 | % | ||
60 to 89 Days | 0.50 | % | ||
90+ Days | 1.33 | % | ||
Total | 2.55 | % | ||
Principal Payment Rate | 21.54 | % |