FWP 1 d248935dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration Nos. 333-208503 and 333-208503-01

Pricing Free Writing Prospectus, dated September 6, 2016

Chase Issuance Trust

Issuing Entity

Chase Card Funding LLC

Depositor and Transferor

Chase Bank USA, National Association

Sponsor, Originator, Administrator and Servicer

CHASEseries

Class A(2016-7)

 

Principal Amount:   $1,100,000,000
Interest Rate:   1.06% per annum
Pricing Date:   September 6, 2016
Expected Issuance Date:   September 13, 2016
First Interest Payment Date:   October 17, 2016
Interest Payment Dates:   Monthly on the 15th (unless the 15th is not a business day, in which case it will be the next business day)
Scheduled Principal Payment Date:   September 15, 2017
Legal Maturity Date:   September 16, 2019
Price to Public:   $1,099,905,180 (or 99.99138%)
Underwriting Discount:   $2,200,000 (or 0.20000%)
Proceeds to the Issuing Entity:   $1,097,705,180 (or 99.79138%)
Selling Concessions:  

0.12000%

Reallowance:   0.06000%
Weighted Average Life:   1.01 years
ERISA Eligible:  

Yes (subject to important considerations described

in the prospectus)

Lead Underwriter:   J.P. Morgan Securities LLC
Co-Managers:  

RBC Capital Markets, LLC

Wells Fargo Securities, LLC

 

 

The depositor has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the sponsor, the depositor, the issuing entity and this offering, including the preliminary prospectus for these Class A(2016-7) notes dated August 30, 2016. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the sponsor, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (866) 669-7629 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.