Exhibit 99.3

BANK ONE ISSUANCE TRUST

ONEseries MONTHLY NOTEHOLDERS’ STATEMENT

MONTHLY PERIOD: JULY 2002

The undersigned, a duly authorized representative of First USA Bank, National Association (the “Bank”), as Servicer pursuant to the Transfer and Servicing Agreement, dated as of May 1, 2002 (the “Transfer and Servicing Agreement”), among the Bank, as Transferor, Servicer and Administrator, Bank One Issuance Trust, as Issuer, and Wells Fargo Bank Minnesota, National Association, as Indenture Trustee and Collateral Agent, does hereby certify as follows:

A.	Information Regarding the Current Distribution to Noteholders
1.	The total amount of the distribution to Noteholders on the Payment Date per $1,000 Initial Outstanding Dollar Principal Amount
	Tranche	Amount
	A1	1.67809
	A2	3.46667
	B1	1.91059
	C1	2.41003
2.	The amount of the distribution set forth in item 1 in respect of interest on the Notes, per $1,000 Initial Outstanding Dollar Principal Amount
	Tranche	Amount
	A1	1.67809
	A2	3.46667
	B1	1.91059
	C1	2.41003
3.	The amount of the distribution set forth in item 1 in respect of principal on the Notes, per $1,000 Initial Outstanding Dollar Principal Amount
	Tranche	Amount
	A1	0.00000
	A2	0.00000
	B1	0.00000
	C1	0.00000
B.	Information regarding the tranches of Notes of the ONEseries
1.	Outstanding Dollar Principal Amount and Nominal Liquidation Amount of Tranches of Notes of the ONEseries for the related Monthly Period
	Tranche	Initial Outstanding Dollar Principal Amount	Outstanding Dollar Principal Amount	Adjusted Outstanding Dollar Principal Amount	Nominal Liquidation Amount
	A1	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00
	A2	1,250,000,000.00	1,250,000,000.00	1,250,000,000.00	1,250,000,000.00
	Total Class A	2,250,000,000.00	2,250,000,000.00	2,250,000,000.00	2,250,000,000.00
	B1	250,000,000.00	250,000,000.00	250,000,000.00	250,000,000.00
	Total Class B	250,000,000.00	250,000,000.00	250,000,000.00	250,000,000.00
	C1	250,000,000.00	250,000,000.00	250,000,000.00	250,000,000.00
	Total Class C	250,000,000.00	250,000,000.00	250,000,000.00	250,000,000.00
	Total	2,750,000,000.00	2,750,000,000.00	2,750,000,000.00	2,750,000,000.00
2.	Nominal Liquidation Amount of Notes of the ONEseries
	Tranche	Beginning Nominal Liquidation Amount	Increases from accretion of Principal for Discount Notes	Increases from amounts withdrawn from the Principal Funding Subaccounts in respect of Prefunding Excess Amounts	Reimbursements of prior Nominal Liquidation Amount Deficits from Available Finance Charge Collections	Reductions due to reallocations of Available Principal Collections and Investor Charge-Offs	Reductions due to amounts deposited to the Principal Funding Subaccounts	Ending Nominal Liquidation Amount
	A1	1,000,000,000.00	0.00	0.00	0.00	0.00	0.00	1,000,000,000.00
	A2	1,250,000,000.00	0.00	0.00	0.00	0.00	0.00	1,250,000,000.00
	Total Class A	2,250,000,000.00	0.00	0.00	0.00	0.00	0.00	2,250,000,000.00
	B1	250,000,000.00	0.00	0.00	0.00	0.00	0.00	250,000,000.00
	Total Class B	250,000,000.00	0.00	0.00	0.00	0.00	0.00	250,000,000.00
	C1	250,000,000.00	0.00	0.00	0.00	0.00	0.00	250,000,000.00
	Total Class C	250,000,000.00	0.00	0.00	0.00	0.00	0.00	250,000,000.00
	Total	2,750,000,000.00	0.00	0.00	0.00	0.00	0.00	2,750,000,000.00

3.	ONEseries Interest Funding Account Subaccounts
	Tranche	Beginning Interest Funding Subaccount Balance	Targeted deposit to the Interest Funding Subaccount with respect to the current period	Previous shortfalls of targeted deposits to the Interest Funding Subaccount	Actual deposit to the Interest Funding Subaccount	Amount withdrawn from the Interest Funding Subaccount for payment to Noteholders		Other Withdrawals	Ending Interest Funding Subaccount Balance
	A1	0.00	1,678,090.28	0.00	1,678,090.28	(1,678,090.28	)	0.00	0.00
	A2	0.00	4,333,333.33	0.00	4,333,333.33	(4,333,333.33	)	0.00	0.00
	Total Class A	0.00	6,011,423.61	0.00	6,011,423.61	(6,011,423.61	)	0.00	0.00
	B1	0.00	477,647.57	0.00	477,647.57	(477,647.57	)	0.00	0.00
	Total Class B	0.00	477,647.57	0.00	477,647.57	(477,647.57	)	0.00	0.00
	C1	0.00	602,508.68	0.00	602,508.68	(602,508.68	)	0.00	0.00
	Total Class C	0.00	602,508.68	0.00	602,508.68	(602,508.68	)	0.00	0.00
	Total	0.00	7,091,579.86	0.00	7,091,579.86	(7,091,579.86	)	0.00	0.00
4.	ONEseries Principal Funding Account Subaccounts
	Tranche	Beginning Principal Funding Subaccount Balance	Targeted deposit to the Principal Funding Subaccount with respect to the current period	Previous shortfalls of targeted deposits to the Principal Funding Subaccount	Actual deposit to the Principal Funding Subaccount	Amount withdrawn from the Principal Funding Subaccount for payment to Noteholders		Other Withdrawals	Ending Principal Funding Subaccount Balance
	A1	0.00	0.00	0.00	0.00	0.00		0.00	0.00
	A2	0.00	0.00	0.00	0.00	0.00		0.00	0.00
	Total Class A	0.00	0.00	0.00	0.00	0.00		0.00	0.00
	B1	0.00	0.00	0.00	0.00	0.00		0.00	0.00
	Total Class B	0.00	0.00	0.00	0.00	0.00		0.00	0.00
	C1	0.00	0.00	0.00	0.00	0.00		0.00	0.00
	Total Class C	0.00	0.00	0.00	0.00	0.00		0.00	0.00
	Total	0.00	0.00	0.00	0.00	0.00		0.00	0.00
5.	ONEseries Class C Reserve Subaccounts
	Tranche	Beginning Class C Reserve Subaccount Balance	Class C Reserve Subaccount earnings for the current period	Targeted deposit to the Class C Reserve Subaccount	Actual deposit to the Class C Reserve Subaccount, including Excess Amounts	Amount withdrawn in respect of payment of interest or principal to Noteholders		Withdrawal of Excess Amounts pursuant to subsection 3.25(c) of the Indenture Supplement	Ending Class C Reserve Subaccount Balance
	C1	0.00	0.00	0.00	0.00	0.00		0.00	0.00
	Total	0.00	0.00	0.00	0.00	0.00		0.00	0.00
6.	Class A Required Subordinated Amount of Class B and Class C Notes and Class A Usage of Class B and Class C Required Subordinated Amounts
	Tranche	Required Subordinated Amount of Class B Notes as of the close of business on the related Note Transfer Date	Required Subordinated Amount of Class C Notes as of the close of business on the related Note Transfer Date	Class A Usage of Class B Required Subordinated Amount for the current period	Class A Usage of Class C Required Subordinated Amount for the current period	Cumulative Class A Usage of Class B Required Subordinated Amount		Cumulative Class A Usage of Class C Required Subordinated Amount
	A1	84,795,300.00	84,795,300.00	0.00	0.00	0.00		0.00
	A2	105,994,125.00	105,994,125.00	0.00	0.00	0.00		0.00
	Total	190,789,425.00	190,789,425.00	0.00	0.00	0.00		0.00
7.	Class B Required Subordinated Amount of Class C Notes and Class B Usage of Class C Required Subordinated Amounts
	Tranche	Required Subordinated Amount of Class C Notes as of the close of business on the related Note Transfer Date	Class B Usage of Class C Required Subordinated Amount for the current period	Cumulative Class B Usage of Class C Required Subordinated Amount
	B1	195,417,743.94	0.00	0.00
	Total	195,417,743.94	0.00	0.00

C.	Information regarding the performance of the ONEseries
		July Monthly Period	June Monthly Period	May Monthly Period
	Portfolio Yield	10.28%	10.91%	10.79%
	Less: Base Rate	4.56%	4.56%	4.55%
	Excess Spread	5.72%	6.35%	6.24%
	Three Month Average Excess Spread	6.10%
	Principal Payment Rate	13.54%

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