EX-99 2 d791694dex99.htm EX-99 EX-99

Exhibit 99

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

This Report relates to the Due Period ending July 26, 2019 and the related Payment Dates for the Notes.

 

A.

Information Regarding the Master Trust portfolio

 

1. Portfolio Yield for the Collateral Certificate

      17.54 % 

Yield Component

      20.45 % 

Credit Loss Component

      2.91 % 

2. New Purchase Rate

      28.74 % 

3. Total Payment Rate

      30.86 % 

4. Principal Payment Rate

      29.96 % 

5. Aggregate Amount of Principal Receivables in the Trust :

   

Principal Receivables Beginning of Due Period

    $ 37,640,962,194  

Principal Receivables Average

    $ 37,238,655,855  

Principal Receivables Lump Sum Addition/(Removal)

    $ 0  

Principal Receivables End of Due Period

    $ 37,174,934,141  

Finance Charge Receivables—End of Due Period

    $ 430,611,619  

6. Delinquency (1)

   

Current

    $ 36,401,205,805  

      1-30 days delinquent

    $ 627,942,742  

    31-60 days delinquent

    $ 161,281,873  

    61-90 days delinquent

    $ 117,318,098  

  91-120 days delinquent

    $ 106,894,023  

121-150 days delinquent

    $ 96,685,199  

151-180 days delinquent

    $ 93,780,497  

Current

      96.80 % 

      1-30 days delinquent

      1.67 % 

    31-60 days delinquent

      0.43 % 

    61-90 days delinquent

      0.31 % 

  91-120 days delinquent

      0.28 % 

121-150 days delinquent

      0.26 % 

151-180 days delinquent

      0.25 % 

 

(1)

Shown are (i) the aggregate dollar amount of Receivables that were current or were delinquent for each of the time periods listed and (ii) that were current or were delinquent for each of the time periods listed as a percentage of the aggregate dollar amount of Receivables. Accounts and the related Receivables are serviced on multiple servicing platforms. Delinquency data shown for Receivables related to some Accounts is as of the last business day of the same month as the last day of the Due Period and delinquency data shown for Receivables related to other Accounts is as of the last full weekend of the same month as the last day of the Due Period. Thus, the dollar amounts and percentages of Receivables that were current or were delinquent for each of the time periods listed includes aggregated amounts as of more than one date, including the aggregate dollar amount of Receivables used to determine the percentage shown.

 

Page 1

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

        

Current Due

Period on an
Actual Basis (1)

    

Current Due

Period on a

Standard Basis (1)

  

B.

   Information Regarding the Collateral Certificate
(Percentage Basis)		     
 

1. Portfolio Yield

      17.54 %      17.54 % 
 

2. Weighted Average Interest Rate (2)

      2.57 %      2.57 % 
 

3. Weighted Average Investor Fee Rates

     
 

Fixed Servicing Fee

      0.37 %      0.37 % 
 

Others

      0.00 %      0.00 % 
 

4. Surplus Finance Charge Collections

      14.60 %      14.60 % 
 

5. Surplus Finance Charge Collections For Purposes of Funding Class C Reserve Account

      14.51 %      14.51 % 
 

6. Required Surplus Finance Charge Amount

      0.00 %      0.00 % 
 

7. Aggregate Surplus Finance Charge Amount minus Required Surplus Finance Charge Amount

      14.60 %      14.60 % 

C1.

   Information Regarding the Collateral Certificate
(Dollars Basis)		     
 

1. Total Investor Collections

    $ 7,926,180,914     $ 7,926,180,914  
 

Principal Collections

    $ 7,491,108,373     $ 7,491,108,373  
 

Finance Charge Collections

    $ 435,072,541     $ 435,072,541  
 

2. Investor Default Amount

    $ 61,903,934     $ 61,903,934  
 

3. Targeted Deposit to Interest Funding Account (3)

    $ 53,742,505     $ 53,742,505  
 

4. Investor Monthly Fees

     
 

Fixed Servicing Fees

    $ 7,708,333     $ 7,708,333  
 

Others

    $ 0     $ 0  
 

5. Surplus Finance Charge Collections

    $ 311,717,769     $ 311,717,769  
 

6. Required Surplus Finance Charge Collections

    $ 0     $ 0  
 

7. Aggregate Surplus Finance Charge Amount minus Required Surplus Finance Charge Amount

    $ 311,717,769     $ 311,717,769  

 

(1)

Values for “Current Due Period on an Actual Basis” reflect, in the case of a first due period close of a tranche of Notes, activity from the close date until the first due period end, or, as in the case of Targeted Deposit to Interest Funding Account and certain fees, until the first Monthly Interest Date. Values for “Current Due Period on a Standard Basis” reflect activity for the entire current period, as if all Notes had already been outstanding prior to the first day of such period. All percentages are based on actual cash revenue or expense for the period, converted to an annualized percent using day count appropriate for the item, either 30/360, actual/360, or actual/actual. Depending on the item, cash expenses may accrue from June 26, 2019 to July 26, 2019, 31 days, or July 8, 2019 to August 6, 2019, 30 days (standard basis).

(2)

Defined in the definition section of the Indenture

(3)

Referenced in sections 501 and 503 of the Indenture

 

Page 2

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

C2.

Information Regarding the Sellers’ Participation Amount, Seller’s Interest and Regulation RR sellers’ interest in Securities percentage.

 

       1.    Sellers’ Participation Amount on the last day of the prior Due Period    $ 9,004,975,464  
  2.    Sellers’ Participation Amount on the last day of the Due Period    $ 8,538,289,342  
  3.    Seller’s Interest (1)      22.97 % 
  4.    Regulation RR sellers’ interest percentage on the last day of the Due Period (2)      34.15 % 

 

(1)

The Seller’s Interest percentage is calculated by dividing the Sellers’ Participation Amount as of the close of business on the last day of the Due Period, by the aggregate amount of Principal Receivables as of such day. Citibank, N.A., as “originator” for the purposes of certain risk retention rules of the European Union, currently retains a material net economic interest that is not less than five percent of the nominal value of the securitized exposure, which interest is not subject to any credit risk mitigation, short position or other hedge, except to the extent permitted by certain risk retention rules of the European Union.

(2)

The Regulation RR seller’s interest percentage is calculated by dividing the Sellers’ Participation Amount as of the close of business on the last day of the Due Period, by the aggregate Outstanding Dollar Principal Amount of Citiseries Notes as of such day.

 

C3.

Information Regarding the Series 2009 Credit Card Participation Certificate*

 

       1.    Series 2009 Invested Amount as of the end of the Due Period**    $ 961,910,000  
  2.    Required Subordinated Amount as of the end of the Due Period**    $ 961,910,000  
  3.    Series 2009 Reallocated Principal Collections for the current Due Period***    $ 0  
  4.    Series 2009 Reallocated Principal Collections for all prior Due Periods    $ 0  

 

*

The Series 2009 Credit Card Participation Certificate, issued on May 1, 2009, provides credit enhancement to the Collateral Certificate. For more information, see Form 8-Ks filed with the SEC on May 5, 2009 and November 3, 2017 by Citibank Credit Card Issuance Trust.

**

The Series 2009 Invested Amount and Required Subordinated Amount are variable, and each amount currently equals 3.84764% of the Invested Amount of the Collateral Certificate.

***

This amount is included in Finance Charge Collections for the Collateral Certificate. See Section C1, line item 1 on Preceding Page.

 

Page 3

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

D. 

   Information Regarding Notes of Citiseries

 

  (The information reported is for the Due Period ending July 26, 2019 and giving effect to all deposits, allocations, reallocations and payments to be made in the month after the end of this Due Period.)

 

  (Aggregate Basis)

 

    

  

1a.

  

Class A Outstanding Dollar Principal Amount

    $ 21,505,000,000  
 

1b.

  

Class B Outstanding Dollar Principal Amount

    $ 1,475,000,000  
 

1c.

  

Class C Outstanding Dollar Principal Amount

    $ 2,020,000,000  
 

2a.

  

Targeted Deposit to Class A Interest Funding Account

    $ 45,555,852  
 

2b.

  

Targeted Deposit to Class B Interest Funding Account

    $ 3,243,636  
 

2c.

  

Targeted Deposit to Class C Interest Funding Account

    $ 4,943,018  
 

3a.

  

Balance in the Class A Interest Funding Account

    $ 108,161,959  
 

3b

  

Balance in the Class B Interest Funding Account

    $ 3,243,636  
 

3c

  

Balance in the Class C Interest Funding Account

    $ 4,943,018  
 

4a.

  

Targeted Deposit to Class A Principal Funding Account

    $ 0  
 

4b.

  

Targeted Deposit to Class B Principal Funding Account

    $ 0  
 

4c

  

. Targeted Deposit to Class C Principal Funding Account

    $ 0  
 

5a.

  

Balance in the Class A Principal Funding Account

    $ 0  
 

5b.

  

Balance in the Class B Principal Funding Account

    $ 0  
 

5c.

  

Balance in the Class C Principal Funding Account

    $ 0  
 

6.

  

Targeted Deposit to Class C Reserve Account

    $ 0  
 

7.

  

Balance in the Class C Reserve Account

    $ 0  
 

8a.

  

Maximum enhancement amount available to Outstanding Class A Notes from Class B Notes

    $ 1,286,624,796  
 

8b.

  

As a Percentage of Class A Outstanding Dollar Principal Amount

      5.98291 % 
 

8c.

  

Maximum enhancement amount available to Outstanding Class A Notes from Class C Notes

    $ 1,715,499,011  
 

8d.

  

As a Percentage of Class A Outstanding Dollar Principal Amount

      7.97721 % 
 

8e.

  

Maximum enhancement amount available to Outstanding Class B Notes from Class C Notes

    $ 1,966,666,617  
 

8f.

  

As a Percentage of Class B Outstanding Dollar Principal Amount

      133.33333 % 

 

Page 4

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

 

9a.   Reduction in the Class A Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs

    $ 0  

    

  

9b.  Reduction in the Class B Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A Notes

    $ 0  
 

9c.   Reduction in the Class C Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A or Class B Notes

    $ 0  
 

10a.  Reimbursement of Class A Nominal Liquidation Amount

    $ 0  
 

10b. Reimbursement of Class B Nominal Liquidation Amount

    $ 0  
 

10c.  Reimbursement of Class C Nominal Liquidation Amount

    $ 0  

 

E.

Information Regarding Distributions to Noteholders of Citiseries

(The information reported is for the Due Period ending June 25, 2019 and giving effect to all deposits, allocations, reallocations and payments to be made in the month after the end of this Due Period.)

(Aggregate Basis)

 

    

  

1a.   The total amount of the distribution to Class A Noteholders on the applicable Payment Dates

    $ 24,973,645  
 

1b.  The total amount of the distribution to Class B Noteholders on the applicable Payment Dates

    $ 3,243,636  
 

1c.   The total amount of the distribution to Class C Noteholders on the applicable Payment Dates

    $ 4,943,018  
 

2a.   The amount of the distribution set forth in item 1(a) above in respect of principal on the Class A Notes

    $ 0  
 

2b.  The amount of the distribution set forth in item 1(b) above in respect of principal on the Class B Notes

    $ 0  
 

2c.   The amount of the distribution set forth in item 1(c) above in respect of principal on the Class C Notes

    $ 0  
 

3a.   The amount of the distribution set forth in item 1(a) above in respect of interest on the Class A Notes

    $ 24,973,645  
 

3b.  The amount of the distribution set forth in item 1(b) above in respect of interest on the Class B Notes

    $ 3,243,636  
 

3c.   The amount of the distribution set forth in item 1(c) above in respect of interest on the Class C Notes

    $ 4,943,018  
 

4a.   The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class A Notes exceeds the Class A Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates

    $ 0  
 

4b.  The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class B Notes exceeds the Class B Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates

    $ 0  
 

4c.   The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class C Notes exceeds the Class C Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates

    $ 0  

 

Page 5

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

F.

Information Regarding Notes of Citiseries

(The information reported is for the Due Period ending July 26, 2019 and giving effect to all deposits, allocations, reallocations and payments to be made in the month after the end of this Due Period.)

(Individual Tranche Basis)

 

1a.

Outstanding Dollar Principal Amount, Interest Payments and Deposits to Interest Funding Sub-Accounts

 

Class/Tranche

    Outstanding Dollar
Principal Amount		      Monthly
Accretion		      Targeted
Deposit to
the
Interest Funding
Account(1)		      Actual
Deposit to
the
Interest
Funding
Account		      Cumulative
Shortfall
In Interest
Funding
Sub-Account		      Interest
Funding
Sub-Account
Balance(2)		      Interest
Payment
On Payment
Date(3)		  

Class 2007-A3

    $ 665,000,000.00      $ 0.00      $ 1,499,512.19      $ 1,499,512.19      $ 0.00      $ 6,816,250.00      $ 0.00  

Class 2007-A4

      15,000,000.00        0.00        34,361.56        34,361.56        0.00        65,397.81        0.00  

Class 2013-A9

      250,000,000.00        0.00        775,000.00        775,000.00        0.00        3,875,000.00        0.00  

Class 2014-A1

      1,550,000,000.00        0.00        3,720,000.00        3,720,000.00        0.00        3,720,000.00        0.00  

Class 2014-A5

      850,000,000.00        0.00        1,898,333.33        1,898,333.33        0.00        3,796,666.66        0.00  

Class 2016-A1

      2,000,000,000.00        0.00        2,916,666.67        2,916,666.67        0.00        8,750,000.01        0.00  

Class 2016-A2

      500,000,000.00        0.00        912,500.00        912,500.00        0.00        2,737,500.00        0.00  

Class 2016-A3

      825,000,000.00        0.00        1,962,214.37        1,962,214.37        0.00        0.00        1,962,214.37  

Class 2017-A3

      2,700,000,000.00        0.00        4,320,000.00        4,320,000.00        0.00        17,280,000.00        0.00  

Class 2017-A4

      500,000,000.00        0.00        1,076,720.83        1,076,720.83        0.00        0.00        1,076,720.83  

Class 2017-A5

      1,100,000,000.00        0.00        2,738,893.06        2,738,893.06        0.00        0.00        2,738,893.06  

Class 2017-A6

      775,000,000.00        0.00        1,998,854.17        1,998,854.17        0.00        0.00        1,998,854.17  

Class 2017-A7

      1,100,000,000.00        0.00        2,589,828.69        2,589,828.69        0.00        0.00        2,589,828.69  

Class 2017-A8

      1,100,000,000.00        0.00        1,705,000.00        1,705,000.00        0.00        0.00        10,230,000.00  

Class 2017-A9

      1,300,000,000.00        0.00        1,950,000.00        1,950,000.00        0.00        9,750,000.00        0.00  

Class 2018-A1

      1,800,000,000.00        0.00        3,735,000.00        3,735,000.00        0.00        3,735,000.00        0.00  

Class 2018-A2

      1,000,000,000.00        0.00        2,095,652.78        2,095,652.78        0.00        0.00        2,095,652.78  

Class 2018-A3

      500,000,000.00        0.00        1,370,833.33        1,370,833.33        0.00        4,112,499.99        0.00  

Class 2018-A4

      600,000,000.00        0.00        1,352,065.00        1,352,065.00        0.00        0.00        1,352,065.00  

Class 2018-A5

      375,000,000.00        0.00        929,415.63        929,415.63        0.00        0.00        929,415.63  

Class 2018-A6

      1,000,000,000.00        0.00        2,675,000.00        2,675,000.00        0.00        5,350,000.00        0.00  

Class 2018-A7

      1,000,000,000.00        0.00        3,300,000.00        3,300,000.00        0.00        13,200,000.00        0.00  

Class 2018-B1

      525,000,000.00        0.00        1,074,842.71        1,074,842.71        0.00        0.00        1,074,842.71  

Class 2018-B2

      650,000,000.00        0.00        1,461,507.49        1,461,507.49        0.00        0.00        1,461,507.49  

Class 2018-C1

      725,000,000.00        0.00        1,647,834.38        1,647,834.38        0.00        0.00        1,647,834.38  

Class 2018-C2

      880,000,000.00        0.00        2,205,989.62        2,205,989.62        0.00        0.00        2,205,989.62  

Class 2019-B1

      300,000,000.00        0.00        707,285.67        707,285.67        0.00        0.00        707,285.67  

Class 2019-C1

      415,000,000.00        0.00        1,089,193.78        1,089,193.78        0.00        0.00        1,089,193.78  

Total

    $ 25,000,000,000.00      $ 0.00      $ 53,742,505.26      $ 53,742,505.26      $ 0.00      $ 83,188,314.47      $ 33,160,298.18  

 

(1)

Referenced in sections 501 and 503 of the Indenture

(2)

The Interest Funding Sub-Account Balance reflects the Trust Targeted Deposit to the Interest Funding Account and net settlement of any U.S. dollar-denominated swap.

(3)

For Notes denominated in US dollars this column represents the Note coupon payment to investors on the related Payment Date. For Notes not denominated in U.S. dollars this column represents the currency swap payment to the counterparty on the related Swap Payment Date.

 

Page 6

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

1b.

Outstanding Dollar Principal Amount and Investor Interest Payments

 

Class/Tranche

   Outstanding
Dollar
Principal
Amount		     Investor
Interest
Rate
Fixed/
Floating		     Investor
Interest
PMT
Frequency		     Payment
Date(1)		    

Monthly
Interest
Accrual
Period
(3)

   Investor’s
Current
Period
Interest
Rate		     Investor’s
Interest PMT On
Pmt Date(2)		     SWAP
Yes/
No		     Expected
Principal
Payment
Date		     Legal
Maturity
Date		  

Class 2007-A3

   $ 665,000,000.00       Fixed       Jun, Dec       15     15 - 15     6.15000     $ 0.00       Yes       06/15/2037       06/15/2039  

Class 2007-A4

     15,000,000.00       Floating       Sep, Dec, Mar, Jun       15     15 - 15     2.66025       0.00       No       06/15/2037       06/15/2039  

Class 2013-A9

     250,000,000.00       Fixed       March, September       7     7 - 7     3.72000       0.00       No       09/07/2023       09/08/2025  

Class 2014-A1

     1,550,000,000.00       Fixed       January, July       21     21 - 21     2.88000       0.00       No       01/21/2021       01/23/2023  

Class 2014-A5

     850,000,000.00       Fixed       June, December       7     7 - 7     2.68000       0.00       No       06/07/2021       06/07/2023  

Class 2016-A1

     2,000,000,000.00       Fixed       May, Nov       19     19 - 19     1.75000       0.00       No       11/19/2019       11/19/2021  

Class 2016-A2

     500,000,000.00       Fixed       May, Nov       19     19 - 19     2.19000       0.00       No       11/19/2021       11/20/2023  

Class 2016-A3

     825,000,000.00       Floating       Monthly       7     8 - 7     2.85413       1,962,214.37       No       12/07/2021       12/07/2023  

Class 2017-A3

     2,700,000,000.00       Fixed       April, October       7     7 - 7     1.92000       0.00       No       04/07/2020       04/07/2022  

Class 2017-A4

     500,000,000.00       Floating       Monthly       7     8 - 7     2.58413       1,076,720.83       No       04/07/2020       04/07/2022  

Class 2017-A5

     1,100,000,000.00       Floating       Monthly       22     22 - 22     2.89150       2,738,893.06       No       04/22/2024       04/22/2026  

Class 2017-A6

     775,000,000.00       Floating       Monthly       14     15 - 14     3.09500       1,998,854.17       No       05/14/2027       05/14/2029  

Class 2017-A7

     1,100,000,000.00       Floating       Monthly       8     8 - 8     2.73413       2,589,828.69       No       08/08/2022       08/08/2024  

Class 2017-A8

     1,100,000,000.00       Fixed       February, August       7     7 - 7     1.86000       10,230,000.00       No       08/07/2020       08/08/2022  

Class 2017-A9

     1,300,000,000.00       Fixed       March, September       20     20 - 20     1.80000       0.00       No       09/20/2019       09/20/2021  

Class 2018-A1

     1,800,000,000.00       Fixed       January, July       20     20 - 20     2.49000       0.00       No       01/20/2021       01/20/2023  

Class 2018-A2

     1,000,000,000.00       Floating       Monthly       20     22 - 20     2.60150       2,095,652.78       No       01/20/2023       01/21/2025  

Class 2018-A3

     500,000,000.00       Fixed       May, November       23     23 - 23     3.29000       0.00       No       05/23/2023       05/23/2025  

Class 2018-A4

     600,000,000.00       Floating       Monthly       7     8 - 7     2.70413       1,352,065.00       No       06/07/2023       06/09/2025  

Class 2018-A5

     375,000,000.00       Floating       Monthly       7     8 - 7     2.97413       929,415.63       No       08/07/2025       08/09/2027  

Class 2018-A6

     1,000,000,000.00       Fixed       June, December       7     7 - 7     3.21000       0.00       No       12/07/2022       12/09/2024  

Class 2018-A7

     1,000,000,000.00       Fixed       April, October       13     13 - 13     3.96000       0.00       No       10/13/2028       10/15/2030  

Total

   $ 21,505,000,000.00               $ 24,973,644.53        

 

(1)

If the Payment Date is not a Business Day, then the Payment Date will be the succeeding Business Day.

(2)

The record date for payment of the notes is the last day of the month before the related payment date.

(3)

For a newly issued class of notes, interest begins to accrue on the issuance date of that class.

 

2a.

Information Regarding the Sponsor’s or Affiliates’ Interest in Securities during the Due Period. Citiseries Notes Held by the Sponsor or an Affiliate.

 

Class/Tranche   

Outstanding Dollar Principal

Amount as of the Last Day of

Previous Due Period

     

Outstanding Dollar Principal

Amount as of the Last Day of

Current Due Period

  

Class 2017-B3

      $          330,000,000.00      $ 0  

Class 2017-C3

      445,000,000.00        0  

Class 2018-B1

      525,000,000.00        525,000,000.00  

Class 2018-C1

      725,000,000.00        725,000,000.00  

Class 2018-B2

      650,000,000.00        650,000,000.00  

Class 2018-C2

      880,000,000.00        880,000,000.00  

Class 2019-B1

      300,000,000.00        300,000,000.00  

Class 2019-C1

      415,000,000.00        415,000,000.00  

Total

      $       4,270,000,000.00      $ 3,495,000,000.00  
     Net increase or (decrease) in   
     Outstanding Dollar Principal     
     Amount from the previous Due Period        $(775,000,000.00)  

 

2b.

Principal Payments and Deposits to Principal Funding Sub-Accounts for all Deals.

 

Class/Tranche

    Targeted
Principal
Monthly
Deposit		    Actual
Principal
Monthly
Deposit		    Cumulative
Shortfall in
Principal
Funding
Sub-Account		    Principal
Funding
Sub-Account
Balance		    Principal
Payment On
Payment Date
Nothing to report for this period.               

 

 

Page 7

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

3a.

Funding the Class ‘C’ Reserve Sub-Accounts

 

1)  3 Month Average Surplus Finance Charge Collections for purposes of Funding the Class C Reserve Sub-Accounts

   

      13.98 %   

2)  Is the 3 Month Average Surplus Finance Charge Collections for purposes of Funding the Class C Reserve Sub-Accounts less than or equal to 4.50%

   

      No    

3b.  Deposits to and Withdrawals from Class C Reserve Sub-Accounts

        

Class/Tranche

    Targeted
Deposit to
Class C
Reserve
Sub-Account		    Class C
Reserve
Sub-Account
Ending
Balance as of
Prior Due Period		    Actual
Deposit to
Class C
Reserve
Sub-Account		    Withdrawals
from Class C
Reserve
Sub-Account		      Class C
Reserve
Sub-Account
Ending
Balance		     Cumulative
Shortfall in
Class C
Reserve
Sub-Account		  

Nothing to report for this period.

        

 

Page 8

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

3c.   Actual Deposits by Source to Class C Reserve Sub-Accounts

    

         

Class/Tranche

    Surplus
Finance
Charge
Collections		    Withdrawals
Treated as Finance
Charge Collections		    Total
Finance
Charge
Collections		      Required
Funding resulting
From New
Issuance of Notes		      Total
Actual
Deposits		         

Nothing to report for this period.

            

3d.  Withdrawals from Class C Reserve Sub-Accounts

            

Class/Tranche

    Release of Funds
In excess of
Targeted
Amount		    Release of funds in
Class C Reserve
Sub-Account
Due to Maturity		    Utilization      Total
Actual
Withdrawals		                

Nothing to report for this period.

            

 

Page 9

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

4.

Maximum Enhancement Amount Available to Class A Notes; Class A Usage of Class B and Class C Subordinated Amounts

 

Class/Tranche

    Maximum
Enhancement
Amount
Available
from Class B
Notes		      Maximum
Enhancement
Amount
Available
from Class C
Notes		      Class A
Usage of
Class B
Subordinated
Amount for
this Due
Period		      Class A
Usage of
Class C
Subordinated
Amount for
this Due
Period		      Cumulative
Class A
Usage of
Class B
Subordinated
Amount		      Cumulative
Class A
Usage of
Class C
Subordinated
Amount		  

Class 2007-A3

    $ 39,786,351.50      $ 53,048,446.50              

Class 2007-A4

      897,436.50        1,196,581.50              

Class 2013-A9

      14,957,275.00        19,943,025.00              

Class 2014-A1

      92,735,105.00        123,646,755.00              

Class 2014-A5

      50,854,735.00        67,806,285.00              

Class 2016-A1

      119,658,200.00        159,544,200.00              

Class 2016-A2

      29,914,550.00        39,886,050.00              

Class 2016-A3

      49,359,007.50        65,811,982.50              

Class 2017-A3

      161,538,570.00        215,384,670.00              

Class 2017-A4

      29,914,550.00        39,886,050.00              

Class 2017-A5

      65,812,010.00        87,749,310.00              

Class 2017-A6

      46,367,552.50        61,823,377.50              

Class 2017-A7

      65,812,010.00        87,749,310.00              

Class 2017-A8

      65,812,010.00        87,749,310.00              

Class 2017-A9

      77,777,830.00        103,703,730.00              

Class 2018-A1

      107,692,380.00        143,589,780.00              

Class 2018-A2

      59,829,100.00        79,772,100.00              

Class 2018-A3

      29,914,550.00        39,886,050.00              

Class 2018-A4

      35,897,460.00        47,863,260.00              

Class 2018-A5

      22,435,912.50        29,914,537.50              

Class 2018-A6

      59,829,100.00        79,772,100.00              

Class 2018-A7

      59,829,100.00        79,772,100.00              

Total

    $ 1,286,624,795.50      $ 1,715,499,010.50              

 

5.

Maximum Enhancement Amount Available to Class B Notes; Class B Usage of Class C Subordinated Amounts

 

Class/Tranche

    Maximum Enhancement
Amount Available from
Class C Notes		      Class B Usage of
Class C Subordinated
Amount for this Due
Period		      Cumulative Class B
Usage of Class C
Subordinated Amount		  

Class 2018-B1

      699,999,982.50        

Class 2018-B2

      866,666,645.00        

Class 2019-B1

      399,999,990.00        

Total

      1,966,666,617.50        

 

Page 10

CITIBANK, N.A.

CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I

For the Due Period Ending July 26, 2019

 

6.

Reductions of and Reimbursements to Nominal Liquidation Amount

 

Class/Tranche

   

Reduction
Resulting from
an Allocation
of Investor
Charge-offs
for this Due

Period

   

Reduction

Resulting

from a

Reallocation

of Principal

Collections

to pay

interest on

senior

classes of

Notes for

this Due

Period

   

Cumulative

Reduction

Resulting from

an Allocation

of Investor

Charge-offs

(net of
Reimbursements)

   

Cumulative

Reduction

Resulting from

an Reallocation

of Principal

Collections to

pay interest on

senior classes

of Notes (net of

Reimbursements)

   

Reimbursements

of prior

reductions of

Nominal

Liquidation

Amount for

this Due

Period

Nothing to report for this period.

 

7.

Excess Spread/Early Redemption Event Trigger

 

1)  3 Month Average Surplus Finance Charge Collections

      14.06 % 

2)  Is the 3 Month Average Surplus Finance Charge Collections greater than 0.00%

      Yes  

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Report this 15th day of August, 2019.

 

CITIBANK, N.A.

As Managing Beneficiary of Citibank Credit Card Issuance Trust and As Servicer of Citibank Credit Card Master Trust I

By:  

/s/ Donna VanBockern

  Name: Donna VanBockern
  Title:   Authorized Representative

 

Page 11