Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - March 2012
Series Deal Size Expected Maturity | 2003-4 $725MM 10/15/2013 |
Yield | 17.95 | % | ||||
Less: | Coupon | 0.60 | % | |||
Servicing Fee | 1.50 | % | ||||
Net Credit Losses | 4.11 | % | ||||
Excess Spread : | ||||||
March-12 | 11.74 | % | ||||
February-12 | 11.68 | % | ||||
January-12 | 10.44 | % | ||||
Three Month Average Excess Spread | 11.29 | % | ||||
Delinquency: | ||||||
30 to 59 Days | 0.63 | % | ||||
60 to 89 Days | 0.47 | % | ||||
90+ Days | 1.27 | % | ||||
Total | 2.37 | % | ||||
Principal Payment Rate | 22.80 | % |