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BA Master Credit Card Trust II- 2—2001 Series
Trust Excess Spread Analysis—September 2008
| Trust Performance |
September-08 |
August-08 |
July-08 |
| Cash Yield |
17.59% |
17.98% |
17.61% |
| Cash Yield without Recoveries |
17.19% |
17.55% |
17.17% |
| |
|
|
|
| Gross Charge-Offs |
7.55% |
7.56% |
7.34% |
| Net Charge-Offs |
7.15% |
7.13% |
6.90% |
| |
|
|
|
| Monthly Payment Rate |
14.90% |
15.44% |
15.91% |
| |
|
|
|
| Delinquency |
| 30 to 59 days |
1.87% |
1.76% |
1.71% |
| 60 to 89 days |
1.28% |
1.28% |
1.20% |
| 90 + days |
2.92% |
2.90% |
2.93% |
| Total |
6.07% |
5.94% |
5.84% |
2001
Series |
Size
(MM- Millions) |
Expected
Maturity |
Base
Rate |
EXCESS SPREAD |
3 Month
Average |
| September-08 |
August-08 |
July-08 |
| 2001-B |
$750 |
3/15/11 |
5.11% |
4.92% |
5.24% |
5.10% |
5.09% |
| 2001-C |
$795 |
4/15/11 |
5.03% |
5.01% |
5.30% |
5.17% |
5.16% |
Footnotes
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