Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis—July 2012
Series | 2003-4 | |||
Deal Size | $ | 725MM | ||
Expected Maturity | 10/15/2013 | |||
Yield | 18.00 | % | ||
Less: Coupon | 0.61 | % | ||
Servicing Fee | 1.50 | % | ||
Net Credit Losses | 4.76 | % | ||
Excess Spread: | ||||
July-12 | 11.13 | % | ||
June-12 | 11.82 | % | ||
May-12 | 11.94 | % | ||
Three Month Average Excess Spread | 11.63 | % | ||
Delinquency: | ||||
30 to 59 Days | 0.57 | % | ||
60 to 89 Days | 0.45 | % | ||
90+ Days | 0.93 | % | ||
Total | 1.95 | % | ||
Principal Payment Rate | 24.12 | % |