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: September 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)

    3.44723

Class A (2002-03)

    2.99167

Class A (2002-04)

    1,002.45000

Class A (2002-05)

    3.45612

Class A (2002-06)

    3.51834

Class A (2003-01)

    3.45612

Class A (2003-02)

    3.39389

Class A (2003-03)

    3.44723

Class A (2003-04)

    3.57167

Class A (2003-05)

    3.39389

Class A (2003-06)

    3.44723

Class A (2003-07)

    2.79167

Class A (2003-08)

    3.57167

Class A (2003-09)

    3.21667

Class A (2003-10)

    3.44723

Class A (2004-01)

    2.87500

Class A (2004-02)

    3.37612

Class A (2004-03)

    3.50056

Class A (2004-04)

    3.38500

Class A (2004-05)

    3.46500

Class A (2004-06)

    3.28333

Class A (2004-07)

    3.45612

Class A (2004-08)

    3.45612

Class A (2004-09)

    2.68333

Class A (2004-10)

    3.36723

Class A (2005-01)

    3.35834

Class A (2005-02)

    3.41167

Class A (2005-03)

    3.36723

Class A (2005-04)

    3.52500

Class A (2005-05)

    3.36723

Class A (2005-06)

    3.41167

Class A (2005-07)

    3.79167

Class A (2005-08)

    3.38500

Class A (2005-09)

    2.86219

Class B (2002-01)

    3.68723

Class B (2002-03)

    3.66945

Class B (2003-01)

    3.67834

Class B (2003-02)

    3.55389

Class B (2003-03)

    3.63389

Class B (2004-01)

    3.63389

Class B (2004-02)

    3.64167

Class B (2005-01)

    3.47389

Class B (2005-02)

    3.76667

Class B (2005-03)

    3.62083

Class C (2002-01)

    4.20278

Class C (2002-03)

    3.13333

Class C (2003-01)

    3.78333

Class C (2003-02)

    4.36278

Class C (2003-03)

    3.97500

Class C (2003-04)

    4.26500

Class C (2004-01)

    3.79389

Class C (2004-02)

    4.06056

Class C (2004-03)

    3.76723

Class C (2005-01)

    3.67834

Class C (2005-02)

    3.74056

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)

    3.44723

Class A (2002-03)

    2.99167

Class A (2002-04)

    2.45000

Class A (2002-05)

    3.45612

Class A (2002-06)

    3.51834

Class A (2003-01)

    3.45612

Class A (2003-02)

    3.39389

Class A (2003-03)

    3.44723

Class A (2003-04)

    3.57167

Class A (2003-05)

    3.39389

Class A (2003-06)

    3.44723

Class A (2003-07)

    2.79167

Class A (2003-08)

    3.57167

Class A (2003-09)

    3.21667

Class A (2003-10)

    3.44723

Class A (2004-01)

    2.87500

Class A (2004-02)

    3.37612

Class A (2004-03)

    3.50056

Class A (2004-04)

    3.38500

Class A (2004-05)

    3.46500

Class A (2004-06)

    3.28333

Class A (2004-07)

    3.45612

Class A (2004-08)

    3.45612

Class A (2004-09)

    2.68333

Class A (2004-10)

    3.36723

Class A (2005-01)

    3.35834

Class A (2005-02)

    3.41167

Class A (2005-03)

    3.36723

Class A (2005-04)

    3.52500

Class A (2005-05)

    3.36723

Class A (2005-06)

    3.41167

Class A (2005-07)

    3.79167

Class A (2005-08)

    3.38500

Class A (2005-09)

    2.86219

Class B (2002-01)

    3.68723

Class B (2002-03)

    3.66945

Class B (2003-01)

    3.67834

Class B (2003-02)

    3.55389

Class B (2003-03)

    3.63389

Class B (2004-01)

    3.63389

Class B (2004-02)

    3.64167

Class B (2005-01)

    3.47389

Class B (2005-02)

    3.76667

Class B (2005-03)

    3.62083

Class C (2002-01)

    4.20278

Class C (2002-03)

    3.13333

Class C (2003-01)

    3.78333

Class C (2003-02)

    4.36278

Class C (2003-03)

    3.97500

Class C (2003-04)

    4.26500

Class C (2004-01)

    3.79389

Class C (2004-02)

    4.06056

Class C (2004-03)

    3.76723

Class C (2005-01)

    3.67834

Class C (2005-02)

    3.74056

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)

    1,000.00000

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 A (2005-06)

    0.00000

Class A (2005-07)

    0.00000

Class A (2005-08)

    0.00000

Class A (2005-09)

    0.00000

Class B (2002-01)

    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 B (2005-03)

    0.00000

Class C (2002-01)

    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

Class A (2005-06)

    825,000,000.00    825,000,000.00    825,000,000.00    825,000,000.00

Class A (2005-07)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00

Class A (2005-08)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2005-09)

    900,000,000.00    900,000,000.00    900,000,000.00    900,000,000.00
    
  
  
  

Total Class A

    29,825,000,000.00    29,825,000,000.00    29,825,000,000.00    29,825,000,000.00

Class B (2002-01)

    250,000,000.00    250,000,000.00    250,000,000.00    250,000,000.00

Class B (2002-03)

    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

Class B (2005-03)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00
    
  
  
  

Total Class B

    3,550,000,000.00    3,550,000,000.00    3,550,000,000.00    3,550,000,000.00

Class C (2002-01)

    250,000,000.00    250,000,000.00    250,000,000.00    250,000,000.00

Class C (2002-03)

    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

    2,440,000,000.00    2,440,000,000.00    2,440,000,000.00    2,440,000,000.00

Total

    35,815,000,000.00    35,815,000,000.00    35,815,000,000.00    35,815,000,000.00

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   -750,000,000.00   0.00
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
Class A (2005-06)   825,000,000.00   0.00   0.00   0.00   0.00   -0.00   825,000,000.00
Class A (2005-07)   750,000,000.00   0.00   0.00   0.00   0.00   -0.00   750,000,000.00
Class A (2005-08)   1,000,000,000.00   0.00   0.00   0.00   0.00   -0.00   1,000,000,000.00
Class A (2005-09)   900,000,000.00   0.00   0.00   0.00   0.00   -0.00   900,000,000.00
   
 
 
 
 
 
 
Total Class A   29,825,000,000.00   0.00   0.00   0.00   0.00   -750,000,000.00   29,075,000,000.00
Class B (2002-01)   250,000,000.00   0.00   0.00   0.00   0.00   -0.00   250,000,000.00
Class B (2002-03)   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
Class B (2005-03)   750,000,000.00   0.00   0.00   0.00   0.00   -0.00   750,000,000.00
   
 
 
 
 
 
 
Total Class B   3,550,000,000.00   0.00   0.00   0.00   0.00   0.00   3,550,000,000.00
Class C (2002-01)   250,000,000.00   0.00   0.00   0.00   0.00   -0.00   250,000,000.00
Class C (2002-03)   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   2,440,000,000.00   0.00   0.00   0.00   0.00   0.00   2,440,000,000.00
Total   35,815,000,000.00   0.00   0.00   0.00   0.00   -750,000,000.00   35,065,000,000.00

3. CHASEseries Interest Funding Account Sub-Accounts

 

Tranche

    Beginning Interest
Funding Subaccount
Balance
    Targeted deposit to
the Interest Funding
Subaccount with
repect 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    3,447,226.67    0.00    3,447,226.67    -3,447,226.67    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    2,937,698.22    0.00    2,937,698.22    -2,937,698.22    0.00    0.00
Class A (2002-06)    0.00    1,759,168.89    0.00    1,759,168.89    -1,759,168.89    0.00    0.00
Class A (2003-01)    0.00    3,456,115.56    0.00    3,456,115.56    -3,456,115.56    0.00    0.00
Class A (2003-02)    0.00    5,090,840.00    0.00    5,090,840.00    -5,090,840.00    0.00    0.00
Class A (2003-03)    0.00    4,309,033.33    0.00    4,309,033.33    -4,309,033.33    0.00    0.00
Class A (2003-04)    0.00    1,785,835.56    0.00    1,785,835.56    -1,785,835.56    0.00    0.00
Class A (2003-05)    0.00    3,393,893.33    0.00    3,393,893.33    -3,393,893.33    0.00    0.00
Class A (2003-06)    0.00    3,447,226.67    0.00    3,447,226.67    -3,447,226.67    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    1,875,127.33    0.00    1,875,127.33    -1,875,127.33    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    3,447,226.67    0.00    3,447,226.67    -3,447,226.67    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    6,752,231.11    0.00    6,752,231.11    -6,752,231.11    0.00    0.00
Class A (2004-03)    0.00    2,362,878.00    0.00    2,362,878.00    -2,362,878.00    0.00    0.00
Class A (2004-04)    0.00    4,231,255.56    0.00    4,231,255.56    -4,231,255.56    0.00    0.00
Class A (2004-05)    0.00    2,598,753.33    0.00    2,598,753.33    -2,598,753.33    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    4,147,338.67    0.00    4,147,338.67    -4,147,338.67    0.00    0.00
Class A (2004-08)    0.00    1,209,640.44    0.00    1,209,640.44    -1,209,640.44    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    2,862,142.67    0.00    2,862,142.67    -2,862,142.67    0.00    0.00
Class A (2005-01)    0.00    5,541,257.33    0.00    5,541,257.33    -5,541,257.33    0.00    0.00
Class A (2005-02)    0.00    2,047,002.67    0.00    2,047,002.67    -2,047,002.67    0.00    0.00
Class A (2005-03)    0.00    2,188,697.33    0.00    2,188,697.33    -2,188,697.33    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    2,357,058.67    0.00    2,357,058.67    -2,357,058.67    0.00    0.00
Class A (2005-06)    0.00    2,814,628.67    0.00    2,814,628.67    -2,814,628.67    0.00    0.00
Class A (2005-07)    0.00    2,843,750.00    0.00    2,843,750.00    -2,843,750.00    0.00    0.00
Class A (2005-08)    0.00    3,385,004.44    0.00    3,385,004.44    -3,385,004.44    0.00    0.00
Class A (2005-09)    0.00    2,575,968.75    0.00    2,575,968.75    -2,575,968.75    0.00    0.00
    
  
  
  
  
  
  
Total Class A    0.00    99,267,416.52    0.00    99,267,416.52    -99,267,416.52    0.00    0.00
Class B (2002-01)    0.00    921,806.67    0.00    921,806.67    -921,806.67    0.00    0.00
Class B (2002-03)    0.00    1,834,724.44    0.00    1,834,724.44    -1,834,724.44    0.00    0.00
Class B (2003-01)    0.00    735,667.56    0.00    735,667.56    -735,667.56    0.00    0.00
Class B (2003-02)    0.00    444,236.67    0.00    444,236.67    -444,236.67    0.00    0.00
Class B (2003-03)    0.00    999,320.67    0.00    999,320.67    -999,320.67    0.00    0.00
Class B (2004-01)    0.00    908,473.33    0.00    908,473.33    -908,473.33    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    1,042,168.00    0.00    1,042,168.00    -1,042,168.00    0.00    0.00
Class B (2005-02)    0.00    2,260,000.00    0.00    2,260,000.00    -2,260,000.00    0.00    0.00
Class B (2005-03)    0.00    2,715,625.00    0.00    2,715,625.00    -2,715,625.00    0.00    0.00
    
  
  
  
  
  
  
Total Class B    0.00    12,954,522.34    0.00    12,954,522.34    -12,954,522.34    0.00    0.00
Class C (2002-01)    0.00    1,050,695.56    0.00    1,050,695.56    -1,050,695.56    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    763,486.89    0.00    763,486.89    -763,486.89    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    639,750.67    0.00    639,750.67    -639,750.67    0.00    0.00
Class C (2004-01)    0.00    569,084.00    0.00    569,084.00    -569,084.00    0.00    0.00
Class C (2004-02)    0.00    669,992.40    0.00    669,992.40    -669,992.40    0.00    0.00
Class C (2004-03)    0.00    753,445.33    0.00    753,445.33    -753,445.33    0.00    0.00
Class C (2005-01)    0.00    1,563,293.56    0.00    1,563,293.56    -1,563,293.56    0.00    0.00
Class C (2005-02)    0.00    561,084.00    0.00    561,084.00    -561,084.00    0.00    0.00
    
  
  
  
  
  
  
Total Class C    0.00    9,465,832.41    0.00    9,465,832.41    -9,465,832.41    0.00    0.00
Total    0.00    121,687,771.27    0.00    121,687,771.27    -121,687,771.27    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   750,000,000.00   0.00   750,000,000.00   -750,000,000.00   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
Class A (2005-06)   0.00   0.00   0.00   0.00   -0.00   0.00   0.00
Class A (2005-07)   0.00   0.00   0.00   0.00   -0.00   0.00   0.00
Class A (2005-08)   0.00   0.00   0.00   0.00   -0.00   0.00   0.00
Class A (2005-09)   0.00   0.00   0.00   0.00   -0.00   0.00   0.00
   
 
 
 
 
 
 
Total Class A   0.00   750,000,000.00   0.00   750,000,000.00   -750,000,000.00   0.00   0.00
Class B (2002-01)   0.00   0.00   0.00   0.00   -0.00   0.00   0.00
Class B (2002-03)   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
Class B (2005-03)   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 (2002-03)   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   750,000,000.00   0.00   750,000,000.00   -750,000,000.00   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 (2002-03)   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)   0.00   0.00   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
Class A (2005-06)   64,378,627.50   64,378,627.50   0.00   0.00   0.00   0.00
Class A (2005-07)   58,526,025.00   58,526,025.00   0.00   0.00   0.00   0.00
Class A (2005-08)   78,034,700.00   78,034,700.00   0.00   0.00   0.00   0.00
Class A (2005-09)   70,231,230.00   70,231,230.00   0.00   0.00   0.00   0.00
   
 
 
 
 
 
Total   2,268,858,902.50   2,268,858,902.50   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)    166,309,557.05    0.00    0.00
Class B (2002-03)    332,619,114.10    0.00    0.00
Class B (2003-01)    133,047,645.64    0.00    0.00
Class B (2003-02)    83,154,778.52    0.00    0.00
Class B (2003-03)    182,940,512.75    0.00    0.00
Class B (2004-01)    166,309,557.05    0.00    0.00
Class B (2004-02)    199,571,468.46    0.00    0.00
Class B (2005-01)    199,571,468.46    0.00    0.00
Class B (2005-02)    399,142,936.92    0.00    0.00
Class B (2005-03)    498,928,671.15    0.00    0.00
    
  
  
Total    2,361,595,710.10    0.00    0.00

 

C. Information regarding the performance of the CHASEseries

 

     Current Monthly Period
     Prior Monthly Period
     2nd Prior Monthly Period
  

Portfolio Yield

    11.18 %   10.72 %   10.79 %

Less: Base Rate

    5.39 %   5.25 %   5.09 %
    
 
 

Excess Spread

    5.79 %   5.47 %   5.70 %

Three Month Average Excess Spread

    5.65 %            

Principal Payment Rate

    18.64 %            

 

CHASE BANK USA, NATIONAL ASSOCIATION,,
as Servicer
By:  

/S/ Patricia Garvey

    Patricia Garvey
    Vice President