Exhibit 99.2

CHASE ISSUANCE TRUST

Asset Pool One Monthly Servicer’s Certificate

Monthly Period: July 2006

1.      Capitalized terms used in this certificate have their respective meanings set forth in the Second Amended and Restated Indenture, dated as of March, 14, 2006 (as amended, supplemented or otherwise modified, the “Indenture”), and the Amended and Restated Asset Pool One Supplement, dated as of October 15, 2004 (as amended, supplemented or otherwise modified, the “Asset Pool One Supplement”), each between the Chase Issuance Trust and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, and, with respect to the First USA Credit Card Master Trust, the Second Amended and Restated Pooling and Servicing Agreement, dated as of March 14, 2006 (as amended, supplemented or otherwise modified, the “FUSA Pooling and Servicing Agreement”), by and between Chase Bank USA, National Association and The Bank of New York (Delaware), as trustee, or, with respect to the Chase Credit Card Master Trust, the Fourth Amended and Restated Pooling and Servicing Agreement, dated as of March 14, 2006 (as amended, supplemented or otherwise modified, the “Chase Pooling and Servicing Agreement”), by and between Chase Bank USA, National Association, as transferor and as servicer, and the Bank of New York, as trustee of the Chase Credit Card Master Trust.

2.      Chase Bank USA, National Association is, as of the date hereof, the Transferor, Servicer and Administrator under the Transfer and Servicing Agreement.

3.      The undersigned is a Servicing Officer.

4.      Collateral of Asset Pool One

	Beginning Balance	Ending Balance		Highest Invested Amount during the Monthly Period*
Collateral Certificates:
First USA Credit Card MT 2002-CC *	30,000,000,000.00	30,000,000,000.00		30,000,000,000.00
Chase Credit Card MT 2004-CC *	3,000,000,000.00	3,000,000,000.00		3,000,000,000.00
Principal Receivables	16,007,991,695.17	15,902,895,538.27
Excess Funding Amount	0.00	0.00
TOTAL	49,007,991,695.17	48,902,895,538.27
5a.    The Nominal Liquidation Amount of all Asset Pool One Notes as of the last day of the related Monthly Period
CHASEseries				42,510,000,000.00
TOTAL				42,510,000,000.00
5b.    Asset Pool One Transferor Amount for the related Monthly Period				6,392,895,538.27
5c.    Asset Pool One Required Transferor Amount for the related Monthly Period				636,115,821.53
5d.    Asset Pool One Pool Balance for the related Monthly Period				48,902,895,538.27
5e.    Asset Pool One Minimum Pool Balance for the related Monthly Period				42,510,000,000.00
6a.    The aggregate amount of Collections of Principal Receivables received by Asset Pool One for the related Monthly Period				10,635,077,960.00
6b.    The aggregate amount of Collections of Principal Receivables allocated pursuant to Section 3.3 of the Asset Pool One Supplement for the related Monthly Period
CHASEseries		86.74	%	9,224,968,182.57
TOTAL		86.74	%	9,224,968,182.57
7a.    The aggregate amount of Collections of Finance Charge Receivables received by Asset Pool One for the related Monthly Period				710,714,677.63
7b.    The aggregate amount of Collections of Finance Charge Receivables allocated pursuant to subsection 3.2(a) of the Asset Pool One Supplement for the related Monthly Period
CHASEseries		86.74	%	616,480,698.37
TOTAL		86.74	%	616,480,698.37
8a.    The Asset Pool One Servicing Fee for the related Monthy Period				61,259,989.62
8b.    The Asset Pool One Servicing Fee allocated to each Series pursuant to subsection 3.4(b) of the Asset Pool One Supplement for the related Monthly Period
CHASEseries		86.74	%	53,137,500.00
TOTAL		86.74	%	53,137,500.00

* Used for allocation purposes.

9a.    The Asset Pool One Default Amount for the related Monthly Period			149,042,547.05
9b.    The Asset Pool One Default Amount allocated to each Series pursuant to subsection 3.2(b) of the Asset Pool One Supplement for the related Monthly Period
CHASEseries	86.74	%	129,280,928.60
TOTAL	86.74	%	129,280,928.60
10.    The percentage of outstanding balances in Asset Pool One that were delinquent as of the close of business on the last day of the related Monthly Period
30-59 days			0.91	%
60-89 days			0.64	%
90-119 days			0.50	%
120-149 days			0.48	%
150-179 days			0.43	%
180 or more days			0.00	%
TOTAL			2.96	%

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate on this date August 11, 2006.

CHASE BANK USA, NATIONAL ASSOCIATION, as Servicer
By:	/s/ Patricia Garvey
	Patricia Garvey
	Vice President