Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - January 2012
Series | 2003-4 | |
Deal Size | $725MM | |
Expected Maturity | 10/15/2013 |
Yield | 16.71 | % | ||
Less: Coupon | 0.65 | % | ||
Servicing Fee | 1.50 | % | ||
Net Credit Losses | 4.12 | % | ||
Excess Spread : | ||||
January-12 | 10.44 | % | ||
December-11 | 11.20 | % | ||
November-11 | 11.57 | % | ||
Three Month Average Excess Spread | 11.07 | % | ||
Delinquency: | ||||
30 to 59 Days | 0.65 | % | ||
60 to 89 Days | 0.52 | % | ||
90+ Days | 1.30 | % | ||
Total | 2.47 | % | ||
Principal Payment Rate | 23.14 | % |