EX-28.A 3 dex28a.htm EXCESS SPREAD ANALYSIS Excess Spread Analysis
 
Exhibit 28A
 
First Chicago Credit Card Master Trust II
Excess Spread Analysis—December 2002
 
Series
   
99-X    
   
99-Y
Deal Size
   
$750MM  
   
$550MM
Expected Maturity
   
06/16/2003
   
08/15/2003
Yield
   
19.36%
   
19.36%
Less:  Coupon
   
1.68%
   
1.68%
        Servicing Fee
   
1.50%
   
1.50%
        Net Credit Losses
   
5.72%
   
5.72%
Excess Spread:
          
        December-02
   
10.46%
   
10.46%
        November-02
   
10.03%
   
10.04%
        October-02
   
10.90%
   
10.90%
Three Month Average Excess Spread
   
10.46%
   
10.47%
Delinquency:
          
        30 to 59 Days
   
1.21%
   
1.21%
        60 to 89 Days
   
0.81%
   
0.81%
        90+ Days
   
1.67%
   
1.67%
        Total
   
3.69%
   
3.69%
Payment Rate
   
31.37%
   
31.37%