Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - February 2012
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 |
Yield | 17.80 | % | ||||
Less: | Coupon | 0.61 | % | |||
Servicing Fee | 1.50 | % | ||||
Net Credit Losses | 4.01 | % | ||||
Excess Spread: | ||||||
February-12 | 11.68 | % | ||||
January-12 | 10.44 | % | ||||
December-11 | 11.20 | % | ||||
Three Month Average Excess Spread | 11.11 | % | ||||
Delinquency: | ||||||
30 to 59 Days | 0.60 | % | ||||
60 to 89 Days | 0.53 | % | ||||
90+ Days | 1.29 | % | ||||
Total | 2.42 | % | ||||
Principal Payment Rate | 21.46 | % |