CHASEseries Monthly Noteholders' Statement

EX-99.3 4 dex993.htm CHASESERIES MONTHLY NOTEHOLDERS' STATEMENT CHASEseries Monthly Noteholders' Statement

Exhibit 99.3

CHASE ISSUANCE TRUST

Form of CHASEseries Monthly Noteholders’ Statement

Monthly Period: July 2005

The undersigned, a duly authorized representative of Chase Bank USA, National Association (the “Bank”), as Servicer pursuant to the Amended and Restated Transfer and Servicing Agreement, dated as of October 15, 2004 (the “Transfer and Servicing Agreement” ), among the Bank, as Transferor, Servicer and Administrator Chase Issuance Trust, as Issuer, and Wells Fargo Bank, 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
Class A (2002-01)		3.01228
Class A (2002-03)		2.99167
Class A (2002-04)		2.45000
Class A (2002-05)		3.02089
Class A (2002-06)		3.08117
Class A (2003-01)		3.02089
Class A (2003-02)		2.96061
Class A (2003-03)		3.01228
Class A (2003-04)		3.13283
Class A (2003-05)		2.96061
Class A (2003-06)		3.01228
Class A (2003-07)		2.79167
Class A (2003-08)		3.13283
Class A (2003-09)		3.21667
Class A (2003-10)		3.01228
Class A (2004-01)		2.87500
Class A (2004-02)		2.94339
Class A (2004-03)		3.06395
Class A (2004-04)		2.95200
Class A (2004-05)		3.02950
Class A (2004-06)		3.28333
Class A (2004-07)		3.02089
Class A (2004-08)		3.02089
Class A (2004-09)		2.68333
Class A (2004-10)		2.93478
Class A (2005-01)		2.92617
Class A (2005-02)		2.97783
Class A (2005-03)		2.93478
Class A (2005-04)		3.52500
Class A (2005-05)		2.93478

Class B (2002-01)		3.24478
Class B (2002-02)		3.21033
Class B (2002-03)		3.22756
Class B (2003-01)		3.23617
Class B (2003-02)		3.11561
Class B (2003-03)		3.19311
Class B (2004-01)		3.19311
Class B (2004-02)		3.64167
Class B (2005-01)		3.03811
Class B (2005-02)		2.00889

Class C (2002-01)		3.74422
Class C (2002-02)		3.77006
Class C (2002-03)		3.13333
Class C (2003-01)		3.78333
Class C (2003-02)		3.89922
Class C (2003-03)		3.97500
Class C (2003-04)		3.80450
Class C (2004-01)		3.34811
Class C (2004-02)		3.60645
Class C (2004-03)		3.32228
Class C (2005-01)		3.23617
Class C (2005-02)		3.29645

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
Class A (2002-01)		3.01228
Class A (2002-03)		2.99167
Class A (2002-04)		2.45000
Class A (2002-05)		3.02089
Class A (2002-06)		3.08117
Class A (2003-01)		3.02089
Class A (2003-02)		2.96061
Class A (2003-03)		3.01228
Class A (2003-04)		3.13283
Class A (2003-05)		2.96061
Class A (2003-06)		3.01228
Class A (2003-07)		2.79167
Class A (2003-08)		3.13283
Class A (2003-09)		3.21667
Class A (2003-10)		3.01228
Class A (2004-01)		2.87500
Class A (2004-02)		2.94339
Class A (2004-03)		3.06395
Class A (2004-04)		2.95200
Class A (2004-05)		3.02950
Class A (2004-06)		3.28333
Class A (2004-07)		3.02089
Class A (2004-08)		3.02089
Class A (2004-09)		2.68333
Class A (2004-10)		2.93478
Class A (2005-01)		2.92617
Class A (2005-02)		2.97783
Class A (2005-03)		2.93478
Class A (2005-04)		3.52500
Class A (2005-05)		2.93478

Class B (2002-01)		3.24478
Class B (2002-02)		3.21033
Class B (2002-03)		3.22756
Class B (2003-01)		3.23617
Class B (2003-02)		3.11561
Class B (2003-03)		3.19311
Class B (2004-01)		3.19311
Class B (2004-02)		3.64167
Class B (2005-01)		3.03811
Class B (2005-02)		2.00889

Class C (2002-01)		3.74422
Class C (2002-02)		3.77006
Class C (2002-03)		3.13333
Class C (2003-01)		3.78333
Class C (2003-02)		3.89922
Class C (2003-03)		3.97500
Class C (2003-04)		3.80450
Class C (2004-01)		3.34811
Class C (2004-02)		3.60645
Class C (2004-03)		3.32228
Class C (2005-01)		3.23617
Class C (2005-02)		3.29645

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
Class A (2002-01)		0.00000
Class A (2002-03)		0.00000
Class A (2002-04)		0.00000
Class A (2002-05)		0.00000
Class A (2002-06)		0.00000
Class A (2003-01)		0.00000
Class A (2003-02)		0.00000
Class A (2003-03)		0.00000
Class A (2003-04)		0.00000
Class A (2003-05)		0.00000
Class A (2003-06)		0.00000
Class A (2003-07)		0.00000
Class A (2003-08)		0.00000
Class A (2003-09)		0.00000
Class A (2003-10)		0.00000
Class A (2004-01)		0.00000
Class A (2004-02)		0.00000
Class A (2004-03)		0.00000
Class A (2004-04)		0.00000
Class A (2004-05)		0.00000
Class A (2004-06)		0.00000
Class A (2004-07)		0.00000
Class A (2004-08)		0.00000
Class A (2004-09)		0.00000
Class A (2004-10)		0.00000
Class A (2005-01)		0.00000
Class A (2005-02)		0.00000
Class A (2005-03)		0.00000
Class A (2005-04)		0.00000
Class A (2005-05)		0.00000

Class B (2002-01)		0.00000
Class B (2002-02)		0.00000
Class B (2002-03)		0.00000
Class B (2003-01)		0.00000
Class B (2003-02)		0.00000
Class B (2003-03)		0.00000
Class B (2004-01)		0.00000
Class B (2004-02)		0.00000
Class B (2005-01)		0.00000
Class B (2005-02)		0.00000

Class C (2002-01)		0.00000
Class C (2002-02)		0.00000
Class C (2002-03)		0.00000
Class C (2003-01)		0.00000
Class C (2003-02)		0.00000
Class C (2003-03)		0.00000
Class C (2003-04)		0.00000
Class C (2004-01)		0.00000
Class C (2004-02)		0.00000
Class C (2004-03)		0.00000
Class C (2005-01)		0.00000
Class C (2005-02)		0.00000

B.	Information regarding the Tranches of Notes of the CHASEseries

1.	Outstanding Dollar Principal Amount and Nominal Liquidation Amount of Tranches of Notes of the CHASEseries for the related Monthly Period


Tranche	Initial Outstanding Dollar Principal Amount	Outstanding Dollar Principal Amount	Adjusted Outstanding Dollar Principal Amount	Nominal Liquidation Amount
Class A (2002-01)	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00
Class A (2002-03)	500,000,000.00	500,000,000.00	500,000,000.00	500,000,000.00
Class A (2002-04)	750,000,000.00	750,000,000.00	750,000,000.00	750,000,000.00
Class A (2002-05)	850,000,000.00	850,000,000.00	850,000,000.00	850,000,000.00
Class A (2002-06)	500,000,000.00	500,000,000.00	500,000,000.00	500,000,000.00
Class A (2003-01)	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00
Class A (2003-02)	1,500,000,000.00	1,500,000,000.00	1,500,000,000.00	1,500,000,000.00
Class A (2003-03)	1,250,000,000.00	1,250,000,000.00	1,250,000,000.00	1,250,000,000.00
Class A (2003-04)	500,000,000.00	500,000,000.00	500,000,000.00	500,000,000.00
Class A (2003-05)	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00
Class A (2003-06)	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00
Class A (2003-07)	500,000,000.00	500,000,000.00	500,000,000.00	500,000,000.00
Class A (2003-08)	525,000,000.00	525,000,000.00	525,000,000.00	525,000,000.00
Class A (2003-09)	650,000,000.00	650,000,000.00	650,000,000.00	650,000,000.00
Class A (2003-10)	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00	1,000,000,000.00
Class A (2004-01)	650,000,000.00	650,000,000.00	650,000,000.00	650,000,000.00
Class A (2004-02)	2,000,000,000.00	2,000,000,000.00	2,000,000,000.00	2,000,000,000.00
Class A (2004-03)	675,000,000.00	675,000,000.00	675,000,000.00	675,000,000.00
Class A (2004-04)	1,250,000,000.00	1,250,000,000.00	1,250,000,000.00	1,250,000,000.00
Class A (2004-05)	750,000,000.00	750,000,000.00	750,000,000.00	750,000,000.00
Class A (2004-06)	550,000,000.00	550,000,000.00	550,000,000.00	550,000,000.00
Class A (2004-07)	1,200,000,000.00	1,200,000,000.00	1,200,000,000.00	1,200,000,000.00
Class A (2004-08)	350,000,000.00	350,000,000.00	350,000,000.00	350,000,000.00
Class A (2004-09)	1,150,000,000.00	1,150,000,000.00	1,150,000,000.00	1,150,000,000.00
Class A (2004-10)	850,000,000.00	850,000,000.00	850,000,000.00	850,000,000.00
Class A (2005-01)	1,650,000,000.00	1,650,000,000.00	1,650,000,000.00	1,650,000,000.00
Class A (2005-02)	600,000,000.00	600,000,000.00	600,000,000.00	600,000,000.00
Class A (2005-03)	650,000,000.00	650,000,000.00	650,000,000.00	650,000,000.00
Class A (2005-04)	800,000,000.00	800,000,000.00	800,000,000.00	800,000,000.00
Class A (2005-05)	700,000,000.00	700,000,000.00	700,000,000.00	700,000,000.00

Total Class A	26,350,000,000.00	26,350,000,000.00	26,350,000,000.00	26,350,000,000.00

Class B (2002-01)	250,000,000.00	250,000,000.00	250,000,000.00	250,000,000.00
Class B (2002-02)	275,000,000.00	275,000,000.00	275,000,000.00	275,000,000.00
Class B (2002-03)	500,000,000.00	500,000,000.00	500,000,000.00	500,000,000.00
Class B (2003-01)	200,000,000.00	200,000,000.00	200,000,000.00	200,000,000.00
Class B (2003-02)	125,000,000.00	125,000,000.00	125,000,000.00	125,000,000.00
Class B (2003-03)	275,000,000.00	275,000,000.00	275,000,000.00	275,000,000.00
Class B (2004-01)	250,000,000.00	250,000,000.00	250,000,000.00	250,000,000.00
Class B (2004-02)	300,000,000.00	300,000,000.00	300,000,000.00	300,000,000.00
Class B (2005-01)	300,000,000.00	300,000,000.00	300,000,000.00	300,000,000.00
Class B (2005-02)	600,000,000.00	600,000,000.00	600,000,000.00	600,000,000.00

Total Class B	3,075,000,000.00	3,075,000,000.00	3,075,000,000.00	3,075,000,000.00

Class C (2002-01)	250,000,000.00	250,000,000.00	250,000,000.00	250,000,000.00
Class C (2002-02)	225,000,000.00	225,000,000.00	225,000,000.00	225,000,000.00
Class C (2002-03)	175,000,000.00	175,000,000.00	175,000,000.00	175,000,000.00
Class C (2003-01)	200,000,000.00	200,000,000.00	200,000,000.00	200,000,000.00
Class C (2003-02)	175,000,000.00	175,000,000.00	175,000,000.00	175,000,000.00
Class C (2003-03)	400,000,000.00	400,000,000.00	400,000,000.00	400,000,000.00
Class C (2003-04)	150,000,000.00	150,000,000.00	150,000,000.00	150,000,000.00
Class C (2004-01)	150,000,000.00	150,000,000.00	150,000,000.00	150,000,000.00
Class C (2004-02)	165,000,000.00	165,000,000.00	165,000,000.00	165,000,000.00
Class C (2004-03)	200,000,000.00	200,000,000.00	200,000,000.00	200,000,000.00
Class C (2005-01)	425,000,000.00	425,000,000.00	425,000,000.00	425,000,000.00
Class C (2005-02)	150,000,000.00	150,000,000.00	150,000,000.00	150,000,000.00

Total Class C	2,665,000,000.00	2,665,000,000.00	2,665,000,000.00	2,665,000,000.00

Total	32,090,000,000.00	32,090,000,000.00	32,090,000,000.00	32,090,000,000.00

2.	Nominal Liquidation Amount of Notes of the CHASEseries


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
Class A (2002-01)	1,000,000,000.00	0.00	0.00	0.00	0.00	0.00	1,000,000,000.00
Class A (2002-03)	500,000,000.00	0.00	0.00	0.00	0.00	0.00	500,000,000.00
Class A (2002-04)	750,000,000.00	0.00	0.00	0.00	0.00	0.00	750,000,000.00
Class A (2002-05)	850,000,000.00	0.00	0.00	0.00	0.00	0.00	850,000,000.00
Class A (2002-06)	500,000,000.00	0.00	0.00	0.00	0.00	0.00	500,000,000.00
Class A (2003-01)	1,000,000,000.00	0.00	0.00	0.00	0.00	0.00	1,000,000,000.00
Class A (2003-02)	1,500,000,000.00	0.00	0.00	0.00	0.00	0.00	1,500,000,000.00
Class A (2003-03)	1,250,000,000.00	0.00	0.00	0.00	0.00	0.00	1,250,000,000.00
Class A (2003-04)	500,000,000.00	0.00	0.00	0.00	0.00	0.00	500,000,000.00
Class A (2003-05)	1,000,000,000.00	0.00	0.00	0.00	0.00	0.00	1,000,000,000.00
Class A (2003-06)	1,000,000,000.00	0.00	0.00	0.00	0.00	0.00	1,000,000,000.00
Class A (2003-07)	500,000,000.00	0.00	0.00	0.00	0.00	0.00	500,000,000.00
Class A (2003-08)	525,000,000.00	0.00	0.00	0.00	0.00	0.00	525,000,000.00
Class A (2003-09)	650,000,000.00	0.00	0.00	0.00	0.00	0.00	650,000,000.00
Class A (2003-10)	1,000,000,000.00	0.00	0.00	0.00	0.00	0.00	1,000,000,000.00
Class A (2004-01)	650,000,000.00	0.00	0.00	0.00	0.00	0.00	650,000,000.00
Class A (2004-02)	2,000,000,000.00	0.00	0.00	0.00	0.00	0.00	2,000,000,000.00
Class A (2004-03)	675,000,000.00	0.00	0.00	0.00	0.00	0.00	675,000,000.00
Class A (2004-04)	1,250,000,000.00	0.00	0.00	0.00	0.00	0.00	1,250,000,000.00
Class A (2004-05)	750,000,000.00	0.00	0.00	0.00	0.00	0.00	750,000,000.00
Class A (2004-06)	550,000,000.00	0.00	0.00	0.00	0.00	0.00	550,000,000.00
Class A (2004-07)	1,200,000,000.00	0.00	0.00	0.00	0.00	0.00	1,200,000,000.00
Class A (2004-08)	350,000,000.00	0.00	0.00	0.00	0.00	0.00	350,000,000.00
Class A (2004-09)	1,150,000,000.00	0.00	0.00	0.00	0.00	0.00	1,150,000,000.00
Class A (2004-10)	850,000,000.00	0.00	0.00	0.00	0.00	0.00	850,000,000.00
Class A (2005-01)	1,650,000,000.00	0.00	0.00	0.00	0.00	0.00	1,650,000,000.00
Class A (2005-02)	600,000,000.00	0.00	0.00	0.00	0.00	0.00	600,000,000.00
Class A (2005-03)	650,000,000.00	0.00	0.00	0.00	0.00	0.00	650,000,000.00
Class A (2005-04)	800,000,000.00	0.00	0.00	0.00	0.00	0.00	800,000,000.00
Class A (2005-05)	700,000,000.00	0.00	0.00	0.00	0.00	0.00	700,000,000.00

Total Class A	26,350,000,000.00	0.00	0.00	0.00	0.00	0.00	26,350,000,000.00

Class B (2002-01)	250,000,000.00	0.00	0.00	0.00	0.00	0.00	250,000,000.00
Class B (2002-02)	275,000,000.00	0.00	0.00	0.00	0.00	0.00	275,000,000.00
Class B (2002-03)	500,000,000.00	0.00	0.00	0.00	0.00	0.00	500,000,000.00
Class B (2003-01)	200,000,000.00	0.00	0.00	0.00	0.00	0.00	200,000,000.00
Class B (2003-02)	125,000,000.00	0.00	0.00	0.00	0.00	0.00	125,000,000.00
Class B (2003-03)	275,000,000.00	0.00	0.00	0.00	0.00	0.00	275,000,000.00
Class B (2004-01)	250,000,000.00	0.00	0.00	0.00	0.00	0.00	250,000,000.00
Class B (2004-02)	300,000,000.00	0.00	0.00	0.00	0.00	0.00	300,000,000.00
Class B (2005-01)	300,000,000.00	0.00	0.00	0.00	0.00	0.00	300,000,000.00
Class B (2005-02)	600,000,000.00	0.00	0.00	0.00	0.00	0.00	600,000,000.00

Total Class B	3,075,000,000.00	0.00	0.00	0.00	0.00	0.00	3,075,000,000.00

Class C (2002-01)	250,000,000.00	0.00	0.00	0.00	0.00	0.00	250,000,000.00
Class C (2002-02)	225,000,000.00	0.00	0.00	0.00	0.00	0.00	225,000,000.00
Class C (2002-03)	175,000,000.00	0.00	0.00	0.00	0.00	0.00	175,000,000.00
Class C (2003-01)	200,000,000.00	0.00	0.00	0.00	0.00	0.00	200,000,000.00
Class C (2003-02)	175,000,000.00	0.00	0.00	0.00	0.00	0.00	175,000,000.00
Class C (2003-03)	400,000,000.00	0.00	0.00	0.00	0.00	0.00	400,000,000.00
Class C (2003-04)	150,000,000.00	0.00	0.00	0.00	0.00	0.00	150,000,000.00
Class C (2004-01)	150,000,000.00	0.00	0.00	0.00	0.00	0.00	150,000,000.00
Class C (2004-02)	165,000,000.00	0.00	0.00	0.00	0.00	0.00	165,000,000.00
Class C (2004-03)	200,000,000.00	0.00	0.00	0.00	0.00	0.00	200,000,000.00
Class C (2005-01)	425,000,000.00	0.00	0.00	0.00	0.00	0.00	425,000,000.00
Class C (2005-02)	150,000,000.00	0.00	0.00	0.00	0.00	0.00	150,000,000.00

Total Class C	2,665,000,000.00	0.00	0.00	0.00	0.00	0.00	2,665,000,000.00

Total	32,090,000,000.00	0.00	0.00	0.00	0.00	0.00	32,090,000,000.00

3.	CHASEseries Interest Funding Account Sub-Accounts


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
Class A (2002-01)	0.00	3,012,278.61	0.00	3,012,278.61	(3,012,278.61	)	0.00	0.00
Class A (2002-03)	0.00	1,495,833.33	0.00	1,495,833.33	(1,495,833.33	)	0.00	0.00
Class A (2002-04)	0.00	1,837,500.00	0.00	1,837,500.00	(1,837,500.00	)	0.00	0.00
Class A (2002-05)	0.00	2,567,756.26	0.00	2,567,756.26	(2,567,756.26	)	0.00	0.00
Class A (2002-06)	0.00	1,540,583.75	0.00	1,540,583.75	(1,540,583.75	)	0.00	0.00
Class A (2003-01)	0.00	3,020,889.72	0.00	3,020,889.72	(3,020,889.72	)	0.00	0.00
Class A (2003-02)	0.00	4,440,917.92	0.00	4,440,917.92	(4,440,917.92	)	0.00	0.00
Class A (2003-03)	0.00	3,765,348.26	0.00	3,765,348.26	(3,765,348.26	)	0.00	0.00
Class A (2003-04)	0.00	1,566,417.08	0.00	1,566,417.08	(1,566,417.08	)	0.00	0.00
Class A (2003-05)	0.00	2,960,611.94	0.00	2,960,611.94	(2,960,611.94	)	0.00	0.00
Class A (2003-06)	0.00	3,012,278.61	0.00	3,012,278.61	(3,012,278.61	)	0.00	0.00
Class A (2003-07)	0.00	1,395,833.33	0.00	1,395,833.33	(1,395,833.33	)	0.00	0.00
Class A (2003-08)	0.00	1,644,737.94	0.00	1,644,737.94	(1,644,737.94	)	0.00	0.00
Class A (2003-09)	0.00	2,090,833.33	0.00	2,090,833.33	(2,090,833.33	)	0.00	0.00
Class A (2003-10)	0.00	3,012,278.61	0.00	3,012,278.61	(3,012,278.61	)	0.00	0.00
Class A (2004-01)	0.00	1,868,750.00	0.00	1,868,750.00	(1,868,750.00	)	0.00	0.00
Class A (2004-02)	0.00	5,886,779.44	0.00	5,886,779.44	(5,886,779.44	)	0.00	0.00
Class A (2004-03)	0.00	2,068,163.06	0.00	2,068,163.06	(2,068,163.06	)	0.00	0.00
Class A (2004-04)	0.00	3,690,001.04	0.00	3,690,001.04	(3,690,001.04	)	0.00	0.00
Class A (2004-05)	0.00	2,272,125.63	0.00	2,272,125.63	(2,272,125.63	)	0.00	0.00
Class A (2004-06)	0.00	1,805,833.33	0.00	1,805,833.33	(1,805,833.33	)	0.00	0.00
Class A (2004-07)	0.00	3,625,067.67	0.00	3,625,067.67	(3,625,067.67	)	0.00	0.00
Class A (2004-08)	0.00	1,057,311.40	0.00	1,057,311.40	(1,057,311.40	)	0.00	0.00
Class A (2004-09)	0.00	3,085,833.33	0.00	3,085,833.33	(3,085,833.33	)	0.00	0.00
Class A (2004-10)	0.00	2,494,561.82	0.00	2,494,561.82	(2,494,561.82	)	0.00	0.00
Class A (2005-01)	0.00	4,828,176.38	0.00	4,828,176.38	(4,828,176.38	)	0.00	0.00
Class A (2005-02)	0.00	1,786,700.50	0.00	1,786,700.50	(1,786,700.50	)	0.00	0.00
Class A (2005-03)	0.00	1,907,606.10	0.00	1,907,606.10	(1,907,606.10	)	0.00	0.00
Class A (2005-04)	0.00	2,820,000.00	0.00	2,820,000.00	(2,820,000.00	)	0.00	0.00
Class A (2005-05)	0.00	2,054,345.03	0.00	2,054,345.03	(2,054,345.03	)	0.00	0.00

Total Class A	0.00	78,615,353.42	0.00	78,615,353.42	(78,615,353.42	)	0.00	0.00

Class B (2002-01)	0.00	811,194.65	0.00	811,194.65	(811,194.65	)	0.00	0.00
Class B (2002-02)	0.00	882,841.90	0.00	882,841.90	(882,841.90	)	0.00	0.00
Class B (2002-03)	0.00	1,613,778.19	0.00	1,613,778.19	(1,613,778.19	)	0.00	0.00
Class B (2003-01)	0.00	647,233.50	0.00	647,233.50	(647,233.50	)	0.00	0.00
Class B (2003-02)	0.00	389,451.49	0.00	389,451.49	(389,451.49	)	0.00	0.00
Class B (2003-03)	0.00	878,105.78	0.00	878,105.78	(878,105.78	)	0.00	0.00
Class B (2004-01)	0.00	798,277.99	0.00	798,277.99	(798,277.99	)	0.00	0.00
Class B (2004-02)	0.00	1,092,500.00	0.00	1,092,500.00	(1,092,500.00	)	0.00	0.00
Class B (2005-01)	0.00	911,433.58	0.00	911,433.58	(911,433.58	)	0.00	0.00
Class B (2005-02)	0.00	1,205,333.33	0.00	1,205,333.33	(1,205,333.33	)	0.00	0.00

Total Class B	0.00	9,230,150.41	0.00	9,230,150.41	(9,230,150.41	)	0.00	0.00

Class C (2002-01)	0.00	936,055.76	0.00	936,055.76	(936,055.76	)	0.00	0.00
Class C (2002-02)	0.00	848,262.69	0.00	848,262.69	(848,262.69	)	0.00	0.00
Class C (2002-03)	0.00	548,333.33	0.00	548,333.33	(548,333.33	)	0.00	0.00
Class C (2003-01)	0.00	756,666.67	0.00	756,666.67	(756,666.67	)	0.00	0.00
Class C (2003-02)	0.00	682,364.03	0.00	682,364.03	(682,364.03	)	0.00	0.00
Class C (2003-03)	0.00	1,590,000.00	0.00	1,590,000.00	(1,590,000.00	)	0.00	0.00
Class C (2003-04)	0.00	570,675.13	0.00	570,675.13	(570,675.13	)	0.00	0.00
Class C (2004-01)	0.00	502,216.79	0.00	502,216.79	(502,216.79	)	0.00	0.00
Class C (2004-02)	0.00	595,063.47	0.00	595,063.47	(595,063.47	)	0.00	0.00
Class C (2004-03)	0.00	664,455.72	0.00	664,455.72	(664,455.72	)	0.00	0.00
Class C (2005-01)	0.00	1,375,371.19	0.00	1,375,371.19	(1,375,371.19	)	0.00	0.00
Class C (2005-02)	0.00	494,466.79	0.00	494,466.79	(494,466.79	)	0.00	0.00

Total Class C	0.00	9,563,931.57	0.00	9,563,931.57	(9,563,931.57	)	0.00	0.00

Total	0.00	97,409,435.40	0.00	97,409,435.40	(97,409,435.40	)	0.00	0.00

4.	CHASEseries Principal Funding Account Sub-Accounts


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
Class A (2002-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2002-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2002-04)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2002-05)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2002-06)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-04)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-05)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-06)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-07)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-08)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-09)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2003-10)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-04)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-05)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-06)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-07)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-08)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-09)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2004-10)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2005-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2005-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2005-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2005-04)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class A (2005-05)	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

Class B (2002-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class B (2002-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class B (2002-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class B (2003-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class B (2003-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class B (2003-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class B (2004-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class B (2004-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class B (2005-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class B (2005-02)	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

Class C (2002-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2002-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2002-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2003-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2003-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2003-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2003-04)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2004-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2004-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2004-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2005-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2005-02)	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.	CHASEseries Class C Reserve Sub-Accounts


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
Class C (2002-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2002-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2002-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2003-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2003-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2003-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2003-04)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2004-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2004-02)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2004-03)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2005-01)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Class C (2005-02)	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

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
Class A (2002-01)	78,034,700.00	78,034,700.00	0.00	0.00	0.00	0.00
Class A (2002-03)	39,017,350.00	39,017,350.00	0.00	0.00	0.00	0.00
Class A (2002-04)	58,526,025.00	58,526,025.00	0.00	0.00	0.00	0.00
Class A (2002-05)	66,329,495.00	66,329,495.00	0.00	0.00	0.00	0.00

Class A (2002-06)	39,017,350.00	39,017,350.00	0.00	0.00	0.00	0.00
Class A (2003-01)	78,034,700.00	78,034,700.00	0.00	0.00	0.00	0.00
Class A (2003-02)	117,052,050.00	117,052,050.00	0.00	0.00	0.00	0.00
Class A (2003-03)	97,543,375.00	97,543,375.00	0.00	0.00	0.00	0.00
Class A (2003-04)	39,017,350.00	39,017,350.00	0.00	0.00	0.00	0.00
Class A (2003-05)	78,034,700.00	78,034,700.00	0.00	0.00	0.00	0.00
Class A (2003-06)	78,034,700.00	78,034,700.00	0.00	0.00	0.00	0.00
Class A (2003-07)	39,017,350.00	39,017,350.00	0.00	0.00	0.00	0.00
Class A (2003-08)	40,968,217.50	40,968,217.50	0.00	0.00	0.00	0.00
Class A (2003-09)	50,722,555.00	50,722,555.00	0.00	0.00	0.00	0.00
Class A (2003-10)	78,034,700.00	78,034,700.00	0.00	0.00	0.00	0.00
Class A (2004-01)	50,722,555.00	50,722,555.00	0.00	0.00	0.00	0.00
Class A (2004-02)	156,069,400.00	156,069,400.00	0.00	0.00	0.00	0.00
Class A (2004-03)	52,673,422.50	52,673,422.50	0.00	0.00	0.00	0.00
Class A (2004-04)	97,543,375.00	97,543,375.00	0.00	0.00	0.00	0.00
Class A (2004-05)	58,526,025.00	58,526,025.00	0.00	0.00	0.00	0.00
Class A (2004-06)	42,919,085.00	42,919,085.00	0.00	0.00	0.00	0.00
Class A (2004-07)	93,641,640.00	93,641,640.00	0.00	0.00	0.00	0.00
Class A (2004-08)	27,312,145.00	27,312,145.00	0.00	0.00	0.00	0.00
Class A (2004-09)	89,739,905.00	89,739,905.00	0.00	0.00	0.00	0.00
Class A (2004-10)	66,329,495.00	66,329,495.00	0.00	0.00	0.00	0.00
Class A (2005-01)	128,757,255.00	128,757,255.00	0.00	0.00	0.00	0.00
Class A (2005-02)	46,820,820.00	46,820,820.00	0.00	0.00	0.00	0.00
Class A (2005-03)	50,722,555.00	50,722,555.00	0.00	0.00	0.00	0.00
Class A (2005-04)	62,427,760.00	62,427,760.00	0.00	0.00	0.00	0.00
Class A (2005-05)	54,624,290.00	54,624,290.00	0.00	0.00	0.00	0.00

Total	2,056,214,345.00	2,056,214,345.00	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
Class B (2002-01)	173,167,501.24	0.00	0.00
Class B (2002-02)	190,484,251.37	0.00	0.00
Class B (2002-03)	346,335,002.49	0.00	0.00
Class B (2003-01)	138,534,001.00	0.00	0.00
Class B (2003-02)	86,583,750.62	0.00	0.00
Class B (2003-03)	190,484,251.37	0.00	0.00
Class B (2004-01)	173,167,501.24	0.00	0.00
Class B (2004-02)	207,801,001.49	0.00	0.00
Class B (2005-01)	207,801,001.49	0.00	0.00
Class B (2005-02)	415,602,002.99	0.00	0.00

Total	2,129,960,265.30	0.00	0.00

C.	Information regarding the performance of the CHASEseries


	Current Monthly Period		Prior Monthly Period		2nd Prior Monthly Period
Portfolio Yield	10.79	%	10.79	%	11.15	%
Less: Base Rate	5.09	%	4.94	%	4.84	%

Excess Spread	5.70	%	5.85	%	6.31	%

Three Month Average Excess Spread	5.95	%

Principal Payment Rate	18.93	%


CHASE BANK USA, NATIONAL ASSOCIATION,, as Servicer

By:		/s/ Patricia Garvey
		Patricia Garvey
		Vice President