Exhibit 99.3

MONTHLY STATEMENT TO CERTIFICATEHOLDERS

SERIES 1996-C

CC MASTER CREDIT CARD TRUST II

(Formerly Chevy Chase Master Credit Card Trust II)

RECEIVABLES
Beginning of the Month Principal Receivables:	$2,525,723,722.76
Beginning of the Month Finance Charge Receivables:	$122,190,632.10
Beginning of the Month Discounted Receivables:	$0.00
Beginning of the Month Total Receivables:	$2,647,914,354.86
Removed Principal Receivables:	$100,704.37
Removed Finance Charge Receivables:	$1,835.42
Removed Total Receivables:	$102,539.79
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:	$2,482,074,747.12
End of the Month Finance Charge Receivables:	$116,139,003.69
End of the Month Discounted Receivables:	$0.00
End of the Month Total Receivables:	$2,598,213,750.81
Special Funding Account Balance	$0.00
Aggregate Adjusted Invested Amount (all Master Trust II Series)	$549,000,000.00
End of the Month Transferor Amount	$1,933,074,747.12
End of the Month Transferor Percentage	77.88%
DELINQUENCIES AND LOSSES
End of the Month Delinquencies:
30-59 Days Delinquent	$59,719,358.97
60-89 Days Delinquent	$42,775,819.35
90+ Days Delinquent	$90,361,870.65
Total 30+ Days Delinquent	$192,857,048.97
Delinquent Percentage	7.42%
Defaulted Accounts During the Month	$16,227,542.58
Annualized Default Percentage	7.78%

Mar-2003 1996-C Page 2

Principal Collections	$302,257,617.08
Principal Payment Rate	11.97%
Total Payment Rate	12.84%
INVESTED AMOUNTS
Class A Initial Invested Amount	$184,500,000.00
Class B Initial Invested Amount	$19,125,000.00
Class C Initial Invested Amount	$21,375,000.00
INITIAL INVESTED AMOUNT	$225,000,000.00
Class A Invested Amount	$246,000,000.00
Class B Invested Amount	$25,500,000.00
Class C Invested Amount	$28,500,000.00
INVESTED AMOUNT	$300,000,000.00
Class A Adjusted Invested Amount	$218,666,666.67
Class B Adjusted Invested Amount	$25,500,000.00
Class C Adjusted Invested Amount	$28,500,000.00
ADJUSTED INVESTED AMOUNT	$272,666,666.67
PREFUNDED AMOUNT	$0.00
FLOATING ALLOCATION PERCENTAGE	11.99%
PRINCIPAL ALLOCATION PERCENTAGE	11.99%
Class A Principal Allocation Percentage	82.00%
Class B Principal Allocation Percentage	8.50%
Class C Principal Allocation Percentage	9.50%
COLLECTIONS OF PRINCIPAL RECEIVABLES DURING THE MONTHLY PERIOD ALLOCATED TO SERIES 1996-C	$36,194,508.96
COLLECTIONS OF FINANCE CHARGE RECEIVABLES DURING THE MONTHLY PERIOD ALLOCATED TO SERIES 1996-C	$4,476,484.21
MONTHLY SERVICING FEE	$375,000.00
INVESTOR DEFAULT AMOUNT	$1,949,330.30

Mar-2003 1996-C Page 3

CLASS A AVAILABLE FUNDS
CLASS A FLOATING ALLOCATION PERCENTAGE	82.00%
Class A Finance Charge Collections	$3,978,217.05
Other Amounts	$0.00
TOTAL CLASS A AVAILABLE FUNDS	$3,978,217.05
Class A Monthly Interest	$281,396.67
Class A Servicing Fee	$307,500.00
Class A Investor Default Amount	$1,598,450.84
TOTAL CLASS A EXCESS SPREAD	$1,790,869.54
CLASS A REQUIRED AMOUNT	$0.00
CLASS B AVAILABLE FUNDS
CLASS B FLOATING ALLOCATION PERCENTAGE	8.50%
Class B Finance Charge Collections	$412,376.16
Other Amounts	$0.00
TOTAL CLASS B AVAILABLE FUNDS	$412,376.16
Class B Monthly Interest	$33,996.46
Class B Servicing Fee	$31,875.00
TOTAL CLASS B EXCESS SPREAD	$346,504.70
CLASS B INVESTOR DEFAULT AMOUNT	$165,693.08
CLASS B REQUIRED AMOUNT	$165,693.08
CLASS C FLOATING ALLOCATION PERCENTAGE	9.50%
CLASS C MONTHLY SERVICING FEE	$35,625.00

Mar-2003 1996-C Page 4

EXCESS SPREAD
TOTAL EXCESS SPREAD	$2,562,640.24
Excess Spread Applied to Class A Required Amount	$0.00
Excess Spread Applied to Class A Investor Charge Offs	$0.00
Excess Spread Applied to Class B Required Amount	$165,693.08
Excess Spread Applied to Reductions of Class B Invested Amount	$0.00
Excess Spread Applied to Class C Required Amount	$236,383.46
Excess Spread Applied to Reductions of Class C Invested Amount	$0.00
Excess Spread Applied to Monthly Cash Collateral Fee	$62,500.00
Excess Spread Applied to Cash Collateral Account	$0.00
Excess Spread Applied to Spread Account	$0.00
Excess Spread Applied to Reserve Account	$0.00
Excess Spread Applied to other amounts owed to             Cash Collateral Depositor	$0.00
Excess Spread Applied to other amounts owed to             Spread Account Residual Interest Holders	$0.00
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE FOR GROUP I	$2,098,063.70

Mar-2003 1996-C Page 5

EXCESS FINANCE CHARGE COLLECTIONS — GROUP I
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES IN GROUP I	$4,673,768.52
SERIES 1996-C EXCESS FINANCE CHARGE COLLECTIONS
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO SERIES 1996-C	$0.00
Excess Finance Charge Collections applied to             Class A 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 Required Amount	$0.00
Excess Finance Charge Collections applied to             Reductions of Class B Invested Amount	$0.00
Excess Finance Charge Collections applied to             Class C Required Amount	$0.00
Excess Finance Charge Collections applied to             Reductions of Class C Invested Amount	$0.00
Excess Finance Charge Collections applied to             Monthly Cash Collateral Fee	$0.00
Excess Finance Charge Collections applied to             other amounts owed Cash Collateral Depositor	$0.00
Excess Finance Charge Collections applied to             other amounts owed to Spread Account             Residual Interest Holders	$0.00
YIELD AND BASE RATE
Base Rate (Current Month)	3.52%
Base Rate (Prior Month)	3.58%
Base Rate (Two Months Ago)	3.61%
THREE MONTH AVERAGE BASE RATE	3.57%
Portfolio Yield (Current Month)	11.61%
Portfolio Yield (Prior Month)	8.43%
Portfolio Yield (Two Months Ago)	10.42%
THREE MONTH AVERAGE PORTFOLIO YIELD	10.15%

Mar-2003 1996-C Page 6

PRINCIPAL COLLECTIONS
TOTAL PRINCIPAL COLLECTIONS	$36,194,508.96
INVESTOR DEFAULT AMOUNT	$1,949,330.30
REALLOCATED PRINCIPAL COLLECTIONS
Allocable to Class C Interests	$0.00
Allocable to Class B Certificates	$0.00
SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER SERIES	$0.00
CLASS A SCHEDULED ACCUMULATION ––
Controlled Accumulation Amount	$27,333,333.33
Deficit Controlled Accumulation Amount	$0.00
CONTROLLED DEPOSIT AMOUNT	$27,333,333.33
CLASS B SCHEDULED ACCUMULATION ––
Controlled Accumulation Amount	$0.00
Deficit Controlled Accumulation Amount	$0.00
CONTROLLED DEPOSIT AMOUNT	$0.00
EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR PRINCIPAL SHARING	$10,810,505.93
INVESTOR CHARGE OFFS
CLASS A INVESTOR CHARGE OFFS	$0.00
CLASS B INVESTOR CHARGE OFFS	$0.00
CLASS C INVESTOR CHARGE OFFS	$0.00
PREVIOUS CLASS A CHARGE OFFS REIMBURSED	$0.00
PREVIOUS CLASS B REDUCTIONS REIMBURSED	$0.00
PREVIOUS CLASS C REDUCTIONS REIMBURSED	$0.00
CASH COLLATERAL ACCOUNT
Required Cash Collateral Amount	$8,180,000.00
Available Cash Collateral Amount	$9,000,000.00
TOTAL DRAW AMOUNT	$0.00
CASH COLLATERAL ACCOUNT SURPLUS	$820,000.00

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