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BA Master Credit Card Trust II- 2—1997 Series
Trust Excess Spread Analysis—July 2008
| Trust Performance |
July-08 |
June-08 |
May-08 |
| Cash Yield |
17.61% |
17.93% |
18.15% |
| Gross Charge-Offs |
7.34% |
6.96% |
7.08% |
| |
|
|
|
| Monthly Payment Rate |
15.91% |
16.58% |
15.92% |
| |
|
|
|
| Delinquency |
| 30 to 59 days |
1.71% |
1.59% |
1.59% |
| 60 to 89 days |
1.20% |
1.23% |
1.20% |
| 90 + days |
2.93% |
2.95% |
2.95% |
| Total |
5.84% |
5.77% |
5.74% |
1997
Series |
Size
(MM- Millions) |
Expected
Maturity |
Base
Rate |
EXCESS SPREAD |
3 Month
Average |
| July-08 |
June-08 |
May-08 |
| 1997-B |
$1,000 |
3/15/12 |
4.78% |
5.49% |
6.35% |
6.13% |
5.99% |
Footnotes
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