Exhibit 99.1
Chase Credit Card Master Trust
Excess Spread Analysis - April 2013
Series | 2003-4 | |||||
Deal Size | $725MM | |||||
Expected Maturity | 10/15/2013 |
Yield | 17.21 | % | ||||
Less: | Coupon | 0.56 | % | |||
Servicing Fee | 1.50 | % | ||||
Net Credit Losses | 3.28 | % | ||||
Excess Spread : | ||||||
April-13 | 11.87 | % | ||||
March-13 | 12.93 | % | ||||
February-13 | 12.84 | % | ||||
Three Month Average Excess Spread | 12.55 | % | ||||
Delinquency: | ||||||
30 to 59 Days | 0.40 | % | ||||
60 to 89 Days | 0.34 | % | ||||
90+ Days | 0.73 | % | ||||
Total | 1.47 | % | ||||
Principal Payment Rate | 22.66 | % |