EX-99.2 3 dex992.htm MONTHLY REPORTS WITH RESPECT TO THE JANUARY 16, 2007 DISTRIBUTION Monthly Reports with respect to the January 16, 2007 distribution

Exhibit 99.2

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-1

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        
        
(i)    Monthly Principal Distributed    0.00    0.00  
(ii)    Monthly Interest Distributed      
   Class A Note Interest Requirement    4,069,333.33   
   Class B Note Interest Requirement    357,155.56   
   Net Class C Note Interest Requirement    462,847.10    4,889,335.99  
(iii)    Collections of Principal Receivables       178,666,872.78  
(iv)    Collections of Finance Charge Receivables       15,214,114.43  
(v)    Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      1,000,000,000.00  
  

Adjusted Interest

      1,000,000,000.00  
   Floating Investor Percentage       4.43 %
   Fixed Investor Percentage       4.43 %
(vi)    Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %
(vii)    Investor Default Amount       4,092,447.64  
(viii)    Investor Charge-Offs       0.00  
(ix)    Reimbursed Investor Charge-Offs       0.00  
(x)    Net Servicing Fee       416,666.67  
(xi)    Portfolio Yield (Net of Defaulted Receivables)       13.00 %
(xii)    Reallocated Monthly Principal       0.00  
(xiii)    Accumulation Shortfall       0.00  
(xiv)    Principal Funding Investment Proceeds       0.00  
(xv)    Principal Funding Investment Shortfall       0.00  
(xvi)    Available Investor Finance Charge Collections       14,380,781.10  

 

(xvii)

   Note Rate    Class A    5.45000%   
      Class B    5.74000%   
      Class C    6.33000%   

(xviii)

   Spread Account          10,000,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-3

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        

(i)

   Monthly Principal Distributed    0.00    0.00  

(ii)

   Monthly Interest Distributed      
  

Class A Note Interest Requirement

   6,182,400.00   
  

Class B Note Interest Requirement

   541,333.33   
  

Net Class C Note Interest Requirement

   700,270.62    7,424,003.95  

(iii)

   Collections of Principal Receivables       268,000,309.15  

(iv)

   Collections of Finance Charge Receivables       22,821,171.64  

(v)

   Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      1,500,000,000.00  
  

Adjusted Interest

      1,500,000,000.00  
   Floating Investor Percentage       6.64 %
   Fixed Investor Percentage       6.64 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %

(vii)

   Investor Default Amount       6,138,671.46  

(viii)

   Investor Charge-Offs       0.00  

(ix)

   Reimbursed Investor Charge-Offs       0.00  

(x)

   Net Servicing Fee       625,000.00  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)       13.00 %

(xii)

   Reallocated Monthly Principal       0.00  

(xiii)

   Accumulation Shortfall       0.00  

(xiv)

   Principal Funding Investment Proceeds       0.00  

(xv)

   Principal Funding Investment Shortfall       0.00  

(xvi)

   Available Investor Finance Charge Collections       21,571,171.64  

 

(xvii)

   Note Rate    Class A    5.52000%   
      Class B    5.80000%   
      Class C    6.38000%   

(xviii)

   Spread Account          15,000,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-5

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        
(i)    Monthly Principal Distributed    0.00    0.00  
(ii)    Monthly Interest Distributed      
   Class A Note Interest Requirement    4,069,333.33   
   Class B Note Interest Requirement    355,288.89   
   Net Class C Note Interest Requirement    460,447.10    4,885,069.32  
(iii)    Collections of Principal Receivables       178,666,872.78  

(iv)

   Collections of Finance Charge Receivables       15,214,114.43  
(v)    Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      1,000,000,000.00  
  

Adjusted Interest

      1,000,000,000.00  
   Floating Investor Percentage       4.43 %
   Fixed Investor Percentage       4.43 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %
(vii)    Investor Default Amount       4,092,447.64  
(viii)    Investor Charge-Offs       0.00  
(ix)    Reimbursed Investor Charge-Offs       0.00  
(x)    Net Servicing Fee       416,666.67  
(xi)    Portfolio Yield (Net of Defaulted Receivables)       13.00 %
(xii)    Reallocated Monthly Principal       0.00  
(xiii)    Accumulation Shortfall       0.00  
(xiv)    Principal Funding Investment Proceeds       0.00  
(xv)    Principal Funding Investment Shortfall       0.00  
(xvi)    Available Investor Finance Charge Collections       14,380,781.10  

 

(xvii)

   Note Rate    Class A    5.45000%   
      Class B    5.71000%   
      Class C    6.30000%   

(xviii)

   Spread Account          10,000,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-7

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        

(i)

   Monthly Principal Distributed    0.00    0.00  

(ii)

   Monthly Interest Distributed      
   Class A Note Interest Requirement    3,063,200.00   
   Class B Note Interest Requirement    269,733.33   
   Net Class C Note Interest Requirement    363,335.32    3,696,268.65  

(iii)

   Collections of Principal Receivables       134,000,154.58  

(iv)

   Collections of Finance Charge Receivables       11,410,585.82  

(v)

   Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      750,000,000.00  
  

Adjusted Interest

      750,000,000.00  
   Floating Investor Percentage       3.32 %
   Fixed Investor Percentage       3.32 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %

(vii)

   Investor Default Amount       3,069,335.73  

(viii)

   Investor Charge-Offs       0.00  

(ix)

   Reimbursed Investor Charge-Offs       0.00  

(x)

   Net Servicing Fee       312,500.00  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)       13.00 %

(xii)

   Reallocated Monthly Principal       0.00  

(xiii)

   Accumulation Shortfall       0.00  

(xiv)

   Principal Funding Investment Proceeds       0.00  

(xv)

   Principal Funding Investment Shortfall       0.00  

(xvi)

   Available Investor Finance Charge Collections       10,785,585.82  

 

(xvii)

   Note Rate    Class A    5.47000%   
      Class B    5.78000%   
      Class C    6.60000%   

(xviii)

   Spread Account          7,500,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-2

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        
(i)    Monthly Principal Distributed    0.00    0.00  
(ii)    Monthly Interest Distributed      
   Class A Note Interest Requirement    5,462,912.00   
   Class B Note Interest Requirement    475,253.33   
   Net Class C Note Interest Requirement    654,519.09    6,592,684.42  
(iii)    Collections of Principal Receivables       239,413,609.53  

(iv)

   Collections of Finance Charge Receivables       20,386,913.33  
(v)    Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      1,340,000,000.00  
  

Adjusted Interest

      1,340,000,000.00  
   Floating Investor Percentage       5.93 %
   Fixed Investor Percentage       5.93 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %

(vii)

   Investor Default Amount       5,483,879.83  
(viii)    Investor Charge-Offs       0.00  
(ix)    Reimbursed Investor Charge-Offs       0.00  
(x)    Net Servicing Fee       558,333.33  
(xi)    Portfolio Yield (Net of Defaulted Receivables)       13.00 %
(xii)    Reallocated Monthly Principal       0.00  
(xiii)    Accumulation Shortfall       0.00  
(xiv)    Principal Funding Investment Proceeds       0.00  
(xv)    Principal Funding Investment Shortfall       0.00  
(xvi)    Available Investor Finance Charge Collections       19,270,246.66  

 

(xvii)

   Note Rate    Class A    5.46000%   
      Class B    5.70000%   
      Class C    6.65000%   

(xviii)

   Spread Account          13,400,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-3

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        

(i)

   Monthly Principal Distributed    0.00    0.00  
(ii)    Monthly Interest Distributed      
   Class A Note Interest Requirement    5,809,440.00   
   Class B Note Interest Requirement    505,400.00   
   Net Class C Note Interest Requirement    670,957.15    6,985,797.15  
(iii)    Collections of Principal Receivables       254,600,293.71  

(iv)

   Collections of Finance Charge Receivables       21,680,113.06  
(v)    Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      1,425,000,000.00  
  

Adjusted Interest

      1,425,000,000.00  
   Floating Investor Percentage       6.31 %
   Fixed Investor Percentage       6.31 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %

(vii)

   Investor Default Amount       5,831,737.88  
(viii)    Investor Charge-Offs       0.00  
(ix)    Reimbursed Investor Charge-Offs       0.00  
(x)    Net Servicing Fee       593,750.00  
(xi)    Portfolio Yield (Net of Defaulted Receivables)       13.00 %
(xii)    Reallocated Monthly Principal       0.00  
(xiii)    Accumulation Shortfall       0.00  
(xiv)    Principal Funding Investment Proceeds       0.00  
(xv)    Principal Funding Investment Shortfall       0.00  
(xvi)    Available Investor Finance Charge Collections       20,492,613.06  

 

(xvii)

   Note Rate    Class A    5.46000%   
      Class B    5.70000%   
      Class C    6.43000%   

(xviii)

   Spread Account          14,250,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-4

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        

(i)

   Monthly Principal Distributed    0.00    0.00  
(ii)    Monthly Interest Distributed      
   Class A Note Interest Requirement    3,026,053.33   
   Class B Note Interest Requirement    270,666.67   
   Net Class C Note Interest Requirement    351,224.14    3,647,944.14  
(iii)    Collections of Principal Receivables       129,533,482.76  

(iv)

   Collections of Finance Charge Receivables       11,030,232.96  
(v)    Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      725,000,000.00  
  

Adjusted Interest

      725,000,000.00  
   Floating Investor Percentage       3.21 %
   Fixed Investor Percentage       3.21 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %

(vii)

   Investor Default Amount       2,967,024.54  
(viii)    Investor Charge-Offs       0.00  
(ix)    Reimbursed Investor Charge-Offs       0.00  
(x)    Net Servicing Fee       302,083.33  
(xi)    Portfolio Yield (Net of Defaulted Receivables)       13.00 %
(xii)    Reallocated Monthly Principal       0.00  
(xiii)    Accumulation Shortfall       0.00  
(xiv)    Principal Funding Investment Proceeds       0.00  
(xv)    Principal Funding Investment Shortfall       0.00  
(xvi)    Available Investor Finance Charge Collections       10,426,066.29  

 

(xvii)

   Note Rate    Class A    5.59000%   
      Class B    6.00000%   
      Class C    6.60000%   

(xviii)

   Spread Account          7,250,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-5

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        

(i)

   Monthly Principal Distributed    0.00    0.00  

(ii)

   Monthly Interest Distributed      
   Class A Note Interest Requirement    4,084,266.67   
   Class B Note Interest Requirement    353,422.22   
   Net Class C Note Interest Requirement    458,047.10    4,895,735.99  

(iii)

   Collections of Principal Receivables       178,666,872.78  

(iv)

   Collections of Finance Charge Receivables       15,214,114.43  

(v)

   Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      1,000,000,000.00  
  

Adjusted Interest

      1,000,000,000.00  
   Floating Investor Percentage       4.43 %
   Fixed Investor Percentage       4.43 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %

(vii)

   Investor Default Amount       4,092,447.64  

(viii)

   Investor Charge-Offs       0.00  

(ix)

   Reimbursed Investor Charge-Offs       0.00  

(x)

   Net Servicing Fee       416,666.67  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)       13.00 %

(xii)

   Reallocated Monthly Principal       0.00  

(xiii)

   Accumulation Shortfall       0.00  

(xiv)

   Principal Funding Investment Proceeds       0.00  

(xv)

   Principal Funding Investment Shortfall       0.00  

(xvi)

   Available Investor Finance Charge Collections       14,380,781.10  

 

(xvii)

   Note Rate    Class A    5.47000%   
      Class B    5.68000%   
      Class C    6.27000%   

(xviii)

   Spread Account          10,000,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-6

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        

(i)

   Monthly Principal Distributed    0.00    0.00  

(ii)

   Monthly Interest Distributed      
   Class A Note Interest Requirement    8,153,600.00   
   Class B Note Interest Requirement    709,333.33   
   Net Class C Note Interest Requirement    896,894.21    9,759,827.54  

(iii)

   Collections of Principal Receivables       357,333,745.55  

(iv)

   Collections of Finance Charge Receivables       30,428,228.86  

(v)

   Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      2,000,000,000.00  
  

Adjusted Interest

      2,000,000,000.00  
   Floating Investor Percentage       8.85 %
   Fixed Investor Percentage       8.85 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %

(vii)

   Investor Default Amount       8,184,895.28  

(viii)

   Investor Charge-Offs       0.00  

(ix)

   Reimbursed Investor Charge-Offs       0.00  

(x)

   Net Servicing Fee       833,333.33  

(xi)

   Portfolio Yield (Net of Defaulted Receivables)       13.00 %

(xii)

   Reallocated Monthly Principal       0.00  

(xiii)

   Accumulation Shortfall       0.00  

(xiv)

   Principal Funding Investment Proceeds       0.00  

(xv)

   Principal Funding Investment Shortfall       0.00  

(xvi)

   Available Investor Finance Charge Collections       28,761,562.19  

 

(xvii)

   Note Rate    Class A    5.46000%   
      Class B    5.70000%   
      Class C    6.15000%   

(xviii)

   Spread Account          20,000,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2004-1

 

Section 5.2 - Supplement       Distribution Date:        01/16/2007
Period Type:            Accumulation
 
 
        
        
(i)    Monthly Principal Distributed    1,260,000,000.00    1,260,000,000.00  
(ii)    Monthly Interest Distributed      
   Class A Note Interest Requirement    6,025,600.00   
   Class B Note Interest Requirement    518,000.00   
   Net Class C Note Interest Requirement    633,070.62    7,176,670.62  
(iii)    Collections of Principal Receivables       268,000,309.15  

(iv)

   Collections of Finance Charge Receivables       22,821,171.64  
(v)    Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      1,500,000,000.00  
  

Adjusted Interest

      1,500,000,000.00  
   Floating Investor Percentage       6.64 %
   Fixed Investor Percentage       6.64 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %

(vii)

   Investor Default Amount       6,138,671.46  
(viii)    Investor Charge-Offs       0.00  
(ix)    Reimbursed Investor Charge-Offs       0.00  
(x)    Net Servicing Fee       625,000.00  
(xi)    Portfolio Yield (Net of Defaulted Receivables)       13.00 %
(xii)    Reallocated Monthly Principal       0.00  
(xiii)    Accumulation Shortfall       0.00  
(xiv)    Principal Funding Investment Proceeds       0.00  
(xv)    Principal Funding Investment Shortfall       0.00  
(xvi)    Available Investor Finance Charge Collections       21,571,171.64  

 

(xvii)

   Note Rate    Class A    5.38000%   
      Class B    5.55000%   
      Class C    5.82000%   

(xviii)

   Spread Account          15,000,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2004-2

 

Section 5.2 - Supplement       Distribution Date:    01/16/2007
Period Type:              Revolving
 
 
        
        
(i)    Monthly Principal Distributed    0.00    0.00  
(ii)    Monthly Interest Distributed      
   Class A Note Interest Requirement    7,042,933.33   
   Class B Note Interest Requirement    606,511.11   
   Net Class C Note Interest Requirement    749,772.08    8,399,216.52  
(iii)    Collections of Principal Receivables       312,667,027.36  

(iv)

   Collections of Finance Charge Receivables       26,624,700.25  
(v)    Aggregate Amount of Principal Receivables       22,591,990,076.41  
  

Investor Interest

      1,750,000,000.00  
  

Adjusted Interest

      1,750,000,000.00  
   Floating Investor Percentage       7.75 %
   Fixed Investor Percentage       7.75 %

(vi)

   Receivables Delinquent (As % of Total Receivables)      
  

Current

      96.74 %
  

30 to 59 days

      0.97 %
  

60 to 89 days

      0.70 %
  

90 or more days

      1.59 %
  

Total Receivables

      100.00 %

(vii)

   Investor Default Amount       7,161,783.37  
(viii)    Investor Charge-Offs       0.00  
(ix)    Reimbursed Investor Charge-Offs       0.00  
(x)    Net Servicing Fee       729,166.67  
(xi)    Portfolio Yield (Net of Defaulted Receivables)       13.00 %
(xii)    Reallocated Monthly Principal       0.00  
(xiii)    Accumulation Shortfall       0.00  
(xiv)    Principal Funding Investment Proceeds       0.00  
(xv)    Principal Funding Investment Shortfall       0.00  
(xvi)    Available Investor Finance Charge Collections       25,166,366.92  

 

(xvii)

   Note Rate    Class A    5.39000%   
      Class B    5.57000%   
      Class C    5.90000%   

(xviii)

   Spread Account          17,500,000.00

 

  By:   /s/ Patricia M. Garvey
  Name:   Patricia M. Garvey
  Title:   Vice President