Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis—June 2012
Series | 2003-4 | |||||
Deal Size | $725MM | |||||
Expected Maturity | 10/15/2013 | |||||
Yield | 17.77 | % | ||||
Less: | Coupon | 0.60 | % | |||
Servicing Fee | 1.50 | % | ||||
Net Credit Losses | 3.85 | % | ||||
Excess Spread : | ||||||
June-12 | 11.82 | % | ||||
May-12 | 11.94 | % | ||||
April-12 | 11.85 | % | ||||
Three Month Average Excess Spread | 11.87 | % | ||||
Delinquency: | ||||||
30 to 59 Days | 0.57 | % | ||||
60 to 89 Days | 0.44 | % | ||||
90+ Days | 1.08 | % | ||||
Total | 2.09 | % | ||||
Principal Payment Rate | 22.96 | % |