Exhibit 99.3

MONTHLY STATEMENT TO CERTIFICATEHOLDERS

SERIES 1995-C

CC MASTER CREDIT CARD TRUST II

(Formerly Chevy Chase Master Credit Card Trust II)

RECEIVABLES

Beginning of the Month Principal Receivables:	$2,565,112,351.55
Beginning of the Month Finance Charge Receivables:	$127,843,753.06
Beginning of the Month Discounted Receivables:	$0.00
Beginning of the Month Total Receivables:	$2,692,956,104.61
Removed Principal Receivables:	$0.00
Removed Finance Charge Receivables:	$0.00
Removed Total Receivables:	$0.00
Additional Principal Receivables:	$0.00
Additional Finance Charge Receivables:	$0.00
Additional Total Receivables:	$0.00
Discounted Receivables Generated this Period:	$0.00
End of the Month Principal Receivables:	$2,567,606,869.18
End of the Month Finance Charge Receivables:	$127,804,091.72
End of the Month Discounted Receivables:	$0.00
End of the Month Total Receivables:	$2,695,410,960.90
Special Funding Account Balance	$0.00
Aggregate Adjusted Invested Amount (all Master Trust II Series)	$888,600,000.00
End of the Month Transferor Amount	$1,679,006,869.18
End of the Month Transferor Percentage	65.39%

DELINQUENCIES AND LOSSES

End of the Month Delinquencies:
30-59 Days Delinquent	$60,566,499.34
60-89 Days Delinquent	$44,213,930.21
90+ Days Delinquent	$87,225,545.51
Total 30+ Days Delinquent	$192,005,975.06
Delinquent Percentage	7.12%
Defaulted Accounts During the Month	$16,005,714.61
Annualized Default Percentage	7.49%

Principal Collections	$265,373,653.81
Principal Payment Rate	10.35%
Total Payment Rate	11.18%
INITIAL INVESTED AMOUNTS
Class A Initial Invested Amount	$322,000,000.00
Class B Initial Invested Amount	$28,000,000.00
TOTAL INITIAL INVESTED AMOUNT	$350,000,000.00
INVESTED AMOUNTS, as of December 16, 2002
Class A Invested Amount	$0.00
Class B Invested Amount	$32,000,000.00
TOTAL INVESTED AMOUNT	$32,000,000.00
ADJUSTED INVESTED AMOUNTS, as of December 16, 2002
Class A Adjusted Invested Amount	$0.00
Class B Adjusted Invested Amount	$32,000,000.00
TOTAL ADJUSTED INVESTED AMOUNT	$32,000,000.00
FLOATING ALLOCATION PERCENTAGE	6.99%
PRINCIPAL ALLOCATION PERCENTAGE	15.59%
MONTHLY SERVICING FEE	$132,000.00
INVESTOR DEFAULT AMOUNT	$1,118,167.03
CLASS A AVAILABLE FUNDS
CLASS A FLOATING ALLOCATION PERCENTAGE	82.14%
Class A Finance Charge Collections	$2,905,197.77
Other Amounts	$0.00
TOTAL CLASS A AVAILABLE FUNDS	$2,905,197.77
Class A Monthly Interest	$520,093.89
Class A Servicing Fee	$92,000.00
Class A Investor Default Amount	$918,494.35
TOTAL CLASS A EXCESS SPREAD	$1,374,609.53
REQUIRED AMOUNT	$0.00

CLASS B AVAILABLE FUNDS
CLASS B FLOATING ALLOCATION PERCENTAGE	17.86%
Class B Finance Charge Collections	$481,113.61
Other Amounts	$0.00
TOTAL CLASS B AVAILABLE FUNDS	$481,113.61
Class B Monthly Interest	$48,670.00
Class B Servicing Fee	$40,000.00
TOTAL CLASS B EXCESS SPREAD	$392,443.61
EXCESS SPREAD
TOTAL EXCESS SPREAD	$1,767,053.14
Excess Spread Applied to Required Amount	$0.00
Excess Spread Applied to Class A Investor Charge Offs	$0.00
Excess Spread Applied to Class B Interest, Servicing Fee, and Default Amount	$199,672.68
Excess Spread Applied to Class B Reductions of Class B Investe	$0.00
Excess Spread Applied to Monthly Cash Collateral Fee	$2,568.18
Excess Spread Applied to Cash Collateral Account	$0.00
Excess Spread Applied to Reserve Account	$90,835.61
Excess Spread Applied to other amounts owed to Cash Collateral Depositor	$14.14
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE FOR GROUP I	$1,473,962.53

EXCESS FINANCE CHARGE COLLECTIONS — GROUP I
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES IN GROUP I	$5,150,100.68
SERIES 1995-C EXCESS FINANCE CHARGE COLLECTIONS
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO SERIES 1995-C	$0.00
Excess Finance Charge Collections applied to Required Amount	$0.00
Excess Finance Charge Collections applied to Class A Investor Charge Offs	$0.00
Excess Finance Charge Collections applied to Class B Interest, Servicing Fee, and Default Items	$0.00
Excess Finance Charge Collections applied to Reductions of Class B Invested Amount	$0.00
Excess Finance Charge Collections applied to Monthly Cash Collateral Fee	$0.00
Excess Finance Charge Collections applied to Cash Collateral Account	$0.00
Excess Finance Charge Collections applied to Reserve Account	$0.00
Excess Finance Charge Collections applied to other amounts owed Cash Collateral Depositor	$0.00
YIELD AND BASE RATE
Base Rate (Current Month)	3.65%
Base Rate (Prior Month)	4.07%
Base Rate (Two Months Ago)	4.09%
THREE MONTH AVERAGE BASE RATE	3.94%
Portfolio Yield (Current Month)	6.80%
Portfolio Yield (Prior Month)	9.49%
Portfolio Yield (Two Months Ago)	10.41%
THREE MONTH AVERAGE PORTFOLIO YIELD	8.90%

PRINCIPAL COLLECTIONS
CLASS A PRINCIPAL PERCENTAGE	92.00%
Class A Principal Collections	$38,071,433.61
CLASS B PRINCIPAL PERCENTAGE	8.00%
Class B Principal Collections	$3,310,559.44
TOTAL PRINCIPAL COLLECTIONS	$41,381,993.05
INVESTOR DEFAULT AMOUNT	$1,118,167.03
REALLOCATED PRINCIPAL COLLECTIONS	$0.00
SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER SERIES	$31,099,839.92
CLASS A ACCUMULATION
Controlled Accumulation Amount	$73,600,000.00
Deficit Controlled Accumulation Amount	$0.00
CONTROLLED DISTRIBUTION AMOUNT	$73,600,000.00
CLASS B ACCUMULATION
Controlled Accumulation Amount	$0.00
Deficit Controlled Accumulation Amount	$0.00
CONTROLLED DISTRIBUTION AMOUNT	$0.00
EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR PRINCIPAL SHARING	$0.00
INVESTOR CHARGE OFFS
CLASS A INVESTOR CHARGE OFFS	$0.00
CLASS B INVESTOR CHARGE OFFS	$0.00
PREVIOUS CLASS A CHARGE OFFS REIMBURSED	$0.00
PREVIOUS CLASS B CHARGE OFFS REIMBURSED	$0.00
CASH COLLATERAL ACCOUNT
Required Cash Collateral Amount	$4,160,000.00
Available Cash Collateral Amount	$13,728,000.00

INTEREST RATE CAP PAYMENTS
Class A Interest Rate Cap Payments	$0.00
Class B Interest Rate Cap Payments	$0.00
TOTAL DRAW AMOUNT	$0.00
CASH COLLATERAL ACCOUNT SURPLUS	$9,568,000.00

Bank One, Delaware, National Association (Formerly First USA Bank, National Association) as Servicer
By:	/s/    MICHAEL J. GRUBB
	Michael J. Grubb First Vice President