8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 18, 2003

BANK ONE, DELAWARE, NATIONAL ASSOCIATION

(FORMERLY FIRST USA BANK, NATIONAL ASSOCIATION)

(Exact name of registrant as specified in its charter)

(As Servicer on behalf of BANC ONE CREDIT CARD MASTER TRUST)

United States

(State or other jurisdiction of incorporation)

0-25636	51-0269396
(Commission File Number)	(IRS Employer Identification Number)

201 North Walnut Street, Wilmington, Delaware	19801
(Address of principal executive offices)	(Zip Code)

(302) 594-4000

Registrant’s telephone number, including area code

N/A

(Former name, former address and former fiscal year, if changed since last report)

Item 5. Other Events

On February 18, 2003, the Banc One Credit Card Master Trust (the “Trust”) made a regular monthly distribution of principal and/or interest to holders of the following Certificates issued by the Trust, each of which is included in Group One and is a Principal Sharing Series:

Floating Rate Class A Asset Backed Certificates, Series 1996-A

Floating Rate Class B Asset Backed Certificates, Series 1996-A

Item 7. Financial Statements and Exhibits

(c) Exhibits.

See page 4 for Exhibit Index.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Bank One, Delaware, National Association

(Formerly First USA Bank, National

Association), as Servicer, on behalf of BANC

ONE CREDIT CARD MASTER TRUST

By:	/s/    MICHAEL J. GRUBB
Name:	Michael J. Grubb
Title:	First Vice President

Date: February 18, 2003

EXHIBIT INDEX

Exhibit	Description	Page
99.1	Excess Spread Analysis	5
99.2	Trust Allocation Report	6
99.3	Banc One Credit Card Master Trust – Summary Report for Series 1996-A	7-8
99.4	Monthly Servicer’s Certificate	9

EX-99.1

Exhibit 99.1

Banc One Credit Card Master Trust

Excess Spread Analysis—January 2003

Series	1996-A
Deal Size	$500 MM
Expected Maturity	04/15/2003
Yield	8.15%
Less: Coupon	1.81%
Servicing Fee	0.99%
Net Credit Losses	2.46%
Excess Spread:
January-03	2.89%
December-02	3.58%
November-02	4.54%
Three Month Average Excess Spread	3.67%
Delinquency:
30 to 59 Days	1.86%
60 to 89 Days	1.27%
90+ Days	2.50%
Total	5.63%
Payment Rate	12.97%

EX-99.2

Exhibit 99.2

Banc One Credit Card Master Trust

Trust Allocation Report

Distribution Date of:			18-Feb-03
Determined as of:			11-Feb-03
For Monthly Period Ending:			31-Jan-03
Days in Interest Period (30/360)			30
Days in Interest Period (Act/360)			34
Ending Pool Balance
Principal			2,734,872,335.72
Finance Charge			81,848,695.65
Total			2,816,721,031.37
Seller’s Interest Test
Ending Portfolio Principal Balance			2,734,872,335.72
Trust EFA			0.00
Receivables + EFA			2,734,872,335.72
Trust Invested Amount			1,509,930,049.10
Trust PFA			372,000,000.00
Trust Adjusted Invested Amount			1,137,930,049.10
Seller’s Participation Amount (with EFA)			1,596,942,286.62
Seller’s Participation Amount (w/o EFA)			1,596,942,286.62
Seller’s Interest Percentage			58.39	%
Required Seller’s Interest Percentage			5.00	%
Required Seller’s Interest			136,743,616.79
Required Principal Balance Test
Ending Portfolio Principal Balance			2,734,872,335.72
Required Principal Balance			2,450,000,000.00
Net Excess/Deficit			284,872,335.72
EFA
Beginning Excess Funding Account Balance			0.00
Required Excess Funding Account Deposit			0.00
Excess Funding Account Withdrawal			0.00
Shared Principal Collections
Series 1996-A			11,987,672.78
Series 1997-1			0.00
Series 1997-2			0.00
Delinquent Accounts
30–59 days	1.86	%	52,349,653.67
60–89 days	1.27	%	35,905,452.87
90 days +	2.50	%	70,356,502.49
Total 30 days +	5.63	%	158,611,609.03
Miscellaneous
Gross Credit Losses	7.59	%	17,571,079.61
Net Credit Losses	7.05	%	16,320,669.99
Discount Option Receivables			0.00
Discount Percentage			0.00	%
Finance Charges Billed			34,178,853.40
Fees Billed			4,823,602.50
Interchange			6,174,881.00
Interest Earned on Collection Account			8,606.48

EX-99.3

Exhibit 99.3

BANC ONE CREDIT CARD MASTER TRUST—SUMMARY REPORT

Series 1996-A

Distribution Date of:	18-Feb-03
Determined as of:	11-Feb-03
For the Monthly Period Ending:	31-Jan-03
Days in Interest Period (30/360)	30
Days in Interest Period (Actual/360)	34
	Beginning		Ending	Change
Pool Balance (Principal)	2,779,340,792.89		2,734,872,335.72	(44,468,457.17	)
Excess Funding Account	0.00		0.00	0.00
Invested Amount	500,000,000.00		500,000,000.00	0.00
Class A Invested Amount	465,000,000.00		465,000,000.00	0.00
Class B Invested Amount	35,000,000.00		35,000,000.00	0.00
Principal Funding Account	372,000,000.00		418,500,000.00	46,500,000.00
Adjusted Invested Amount	128,000,000.00		81,500,000.00	(46,500,000.00	)
Class A Adjusted Invested Amount	93,000,000.00		46,500,000.00	(46,500,000.00	)
Class B Adjusted Invested Amount	35,000,000.00		35,000,000.00	0.00
Enhancement Invested Amount	0.00		0.00	0.00
Reserve Account	1,250,000.00		1,250,000.00	0.00
Available Cash Collateral Amount	12,800,000.00		8,150,000.00	(4,650,000.00	)
Available Shared Collateral Amount	12,800,000.00		8,150,000.00	(4,650,000.00	)
Spread Account	5,000,000.00		5,000,000.00	0.00
Servicing Base Amount	128,000,000.00		81,500,000.00	(46,500,000.00	)
Allocation Percentages
Floating Allocation Pct	6.28	%
Principal Allocation Pct	17.99	%
Class A Floating Pct	79.94	%
Class B Floating Pct	20.06	%
Class A Principal Pct	93.00	%
Class B Principal Pct	7.00	%

	Trust		Series 1996-A	Class A	Class B
Allocations
Principal Collections	319,418,435.86		57,462,984.87	53,440,575.93	4,022,408.94
Finance Charge Collections	40,996,931.09		2,573,978.87	2,057,708.04	516,270.83
PFA Investment Proceeds	N/A		390,709.60	390,709.60	0.00
Reserve Account Draw	N/A		167,910.40	167,910.40	0.00
Less: Servicer Interchange			387,687.88	309,928.13	77,759.75
Available Funds			2,744,910.99	2,306,399.91	438,511.09
Monthly Investor Obligations
Monthly Interest			754,965.28	698,275.00	56,690.28
Monthly Servicing Fee			26,666.67	21,318.05	5,348.62
Defaulted Amounts	16,320,669.99		1,024,687.91	819,163.12	205,524.80
Total Obligations			1,806,319.86	1,538,756.17	267,563.69
Excess Spread			1,144,115.93	767,643.74	376,472.19
Required Amount			0.00	0.00	0.00
1 Mo. Libor Rate	1.370000	%
Cash Collateral Account
Cash Collateral Fee				7,555.56
Interest on CCA Draw				0.00
Monthly Cash Collateral Fee				7,555.56

BANC ONE CREDIT CARD MASTER TRUST—SUMMARY REPORT

Series 1996-A

Cash Collateral Account (continued)
Quarterly Excess Spread Percentage	4.34	%
Principal Payment Rate - 3 month average	11.03	%
Calculated Current Month’s Spread Account Cap	1.00	%
Spread Account Cap Adjustment	0.00	%
Applicable Spread Account Cap Percentage	1.00	%
Beginning Cash Collateral Amount	12,800,000.00
Required Cash Collateral Amount	8,150,000.00
Cash Collateral Account draw	0.00
Cash Collateral Account Surplus	4,650,000.00
Beginning Spread Account Balance	5,000,000.00
Required Spread Account Amount	5,000,000.00
Required Spread Account Draw	0.00
Required Spread Account Deposit	0.00
Spread Account Surplus	0.00
Monthly Principal & Controlled Deposit Amount
Month of Accumulation	9
Controlled Accumulation Amount	46,500,000.00
Required PFA Balance	418,500,000.00
Beginning PFA Balance	372,000,000.00
Controlled Deposit Amount	46,500,000.00
Available Investor Principal Collections	58,487,672.78
Principal Shortfall	0.00
Shared Principal to Other Series	11,987,672.78
Shared Principal from Other Series	0.00
Class A Monthly Principal	46,500,000.00
Class B Monthly Principal	0.00
Monthly Principal	46,500,000.00
PFA Deposit	46,500,000.00
PFA Withdrawl	0.00
Ending PFA Balance	418,500,000.00
Principal to Investors	0.00
Ending Class A Invested Amount	465,000,000.00
Ending Class B Invested Amount	35,000,000.00
Class A Accumulation Period Length
Min 12 Month Historical Prin Pmt Rate	10.13	%
Revolving Investor Interest	500,000,000.00
Class A Invested Amount	465,000,000.00
Available Principal	50,630,256.34
Class A Accumulation Period Length	10
Reserve Account
Available Reserve Account Amount	1,250,000.00
Covered Amount	558,620.00
Reserve Draw Amount	167,910.40
Portfolio Yield	5.69	%
Reserve Account Factor	83.33	%
Portfolio Adjusted Yield	4.10	%
Reserve Account Funding Period Length	3
Reserve Account Funding Date	15-Mar-02
Weighted Average Coupon	1.81	%
Required Reserve Account Amount	1,250,000.00
Reserve Account Surplus	0.00
Required Reserve Account Deposit	167,910.40
Portfolio Yield - 3 month average	6.61	%
Base Rate - 3 month average	2.41	%
(Portfolio Yield 3 mo avg) - (Base Rate 3 mo avg)	4.20	%

* Note: For purposes of reporting balances, beginning refers to the balances as of the distribution date in the current Monthly Period, and ending refers to the balances as of the upcoming Distribution Date. The Floating Allocation Percentage is based on the Adjusted Invested Amount as of the last day of the Monthly Period preceding the current Monthly Period.

EX-99.4

Exhibit 99.4

MONTHLY SERVICER’S CERTIFICATE

BANK ONE, DELAWARE, NATIONAL ASSOCIATION

(Formerly FIRST USA BANK, NATIONAL ASSOCIATION)

BANC ONE CREDIT CARD MASTER TRUST

SERIES 1996-A

The undersigned, a duly authorized representative of Bank One, Delaware, National Association, as Servicer (“the Bank”), pursuant to the Pooling and Servicing Agreement dated as of November 1, 1994 (as amended and supplemented, the “Agreement”), as supplemented by the Series 1996-A Supplement dated as of March 27, 1996 (as amended and supplemented, the “Series Supplement”), between the Bank, as Seller and Servicer, and Bankers Trust Company, as Trustee, does hereby certify as follows:

1. Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or Series Supplement, as applicable.

2. The Bank is, as of the date hereof, the Servicer under the Agreement.

3. The undersigned is a Servicing Officer.

4. This Certificate relates to the Distribution Date occuring on 18-Feb-03

5. As of the date hereof, to the best knowledge of the undersigned, the Servicer has performed in all material respects all its obligations under the Agreement through the Monthly Period preceding such Distribution Date.

6. As of the date hereof, to the best knowledge of the undersigned, no Pay Out Event has been deemed to have occurred on or prior to such Distribution Date.

7. As of the date hereof, to the best knowledge of the undersigned, no Lien has been placed on any of the Receivables other than pursuant to the Agreement.

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 11th day of February-03

Bank One, Delaware, National Association as Servicer
By:	/S/    MICHAEL J. GRUBB
	Michael J. Grubb First Vice President