1998-A

Exhibit 99.5

Mar-2003 Page 1

MONTHLY STATEMENT TO CERTIFICATEHOLDERS

SERIES 1998-A

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 1998-A 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	$370,500,000.00
Class B Initial Invested Amount	$57,000,000.00
Class C Initial Invested Amount	$47,500,000.00
INITIAL INVESTED AMOUNT	$475,000,000.00
Class A Invested Amount	$468,000,000.00
Class B Invested Amount	$72,000,000.00
Class C Invested Amount	$60,000,000.00
INVESTED AMOUNT	$600,000,000.00
Class A Adjusted Invested Amount	$58,500,000.00
Class B Adjusted Invested Amount	$72,000,000.00
Class C Adjusted Invested Amount	$60,000,000.00
ADJUSTED INVESTED AMOUNT	$190,500,000.00
PREFUNDED AMOUNT	$0.00
FLOATING ALLOCATION PERCENTAGE	12.29%
PRINCIPAL ALLOCATION PERCENTAGE	23.97%
Class A Principal Allocation Percentage	78.00%
Class B Principal Allocation Percentage	12.00%
Class C Principal Allocation Percentage	10.00%
COLLECTIONS OF PRINCIPAL RECEIVABLES DURING THE MONTHLY PERIOD ALLOCATED TO SERIES 1998-A	$72,389,017.97
COLLECTIONS OF FINANCE CHARGE RECEIVABLES DURING THE MONTHLY PERIOD ALLOCATED TO SERIES 1998-A	$4,586,761.98
MONTHLY SERVICING FEE	$311,250.00
INVESTOR DEFAULT AMOUNT	$1,998,063.55

Mar-2003 1998-A Page 3

CLASS A AVAILABLE FUNDS
CLASS A FLOATING ALLOCATION PERCENTAGE	57.07%
Class A Finance Charge Collections	$3,607,142.99
Other Amounts	$0.00
TOTAL CLASS A AVAILABLE FUNDS	$3,607,142.99
Class A Monthly Interest	$539,110.00
Class A Servicing Fee	$146,250.00
Class A Investor Default Amount	$1,140,358.22
TOTAL CLASS A EXCESS SPREAD	$1,781,424.77
CLASS A REQUIRED AMOUNT	$0.00
CLASS B AVAILABLE FUNDS
CLASS B FLOATING ALLOCATION PERCENTAGE	23.41%
Class B Finance Charge Collections	$1,163,973.54
Other Amounts	$0.00
TOTAL CLASS B AVAILABLE FUNDS	$1,163,973.54
Class B Monthly Interest	$97,440.00
Class B Servicing Fee	$90,000.00
TOTAL CLASS B EXCESS SPREAD	$976,533.54
CLASS B INVESTOR DEFAULT AMOUNT	$467,839.27
CLASS B REQUIRED AMOUNT	$467,839.27
CLASS C FLOATING ALLOCATION PERCENTAGE	19.52%
CLASS C MONTHLY SERVICING FEE	$75,000.00

Mar-2003 1998-A Page 4

EXCESS SPREAD
TOTAL EXCESS SPREAD	$3,652,936.26
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	$467,839.27
Excess Spread Applied to Reductions of Class B             Invested Amount	$0.00
Excess Spread Applied to Class C Required Amount	$500,066.06
Excess Spread Applied to Reductions of Class C             Invested Amount	$0.00
Excess Spread Applied to Monthly Cash Collateral Fee	$51,875.00
Excess Spread Applied to Cash Collateral Account	$0.00
Excess Spread Applied to Spread Account	$0.00
Excess Spread Applied to Reserve Account	$57,451.11
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	$2,575,704.82

Mar-2003 1998-A Page 5

EXCESS FINANCE CHARGE COLLECTIONS—GROUP I
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES IN GROUP I	$4,673,768.52
SERIES 1998-A EXCESS FINANCE CHARGE COLLECTIONS
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO SERIES 1998-A	$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)	3.55%
Base Rate (Prior Month)	3.61%
Base Rate (Two Months Ago)	3.64%
THREE MONTH AVERAGE BASE RATE	3.60%
Portfolio Yield (Current Month)	7.49%
Portfolio Yield (Prior Month)	6.38%
Portfolio Yield (Two Months Ago)	8.48%
THREE MONTH AVERAGE PORTFOLIO YIELD	7.45%

Mar-2003 1998-A Page 6

PRINCIPAL COLLECTIONS
TOTAL PRINCIPAL COLLECTIONS	$72,389,017.97
INVESTOR DEFAULT AMOUNT	$1,998,063.55
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	$58,500,000.00
Deficit Controlled Accumulation Amount	$0.00
CONTROLLED DEPOSIT AMOUNT	$58,500,000.00
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	$15,887,081.52
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	$6,000,000.00
Available Cash Collateral Amount	$7,470,000.00
TOTAL DRAW AMOUNT	$0.00
CASH COLLATERAL ACCOUNT SURPLUS	$1,470,000.00

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