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Gloucester Credit Card Trust
Form of Investors’ Monthly Performance Summary - October 2009
| Trust Performance |
October-09 |
September-09 |
August-09 |
| Cash Yield |
16.27% |
16.00% |
16.33% |
| Gross Charge-Offs |
6.29% |
5.97% |
6.39% |
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| Monthly Payment Rate |
11.72% |
11.44% |
11.61% |
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| Delinquency |
| 30 to 59 days |
1.35% |
1.33% |
1.36% |
| 60 to 89 days |
0.78% |
0.74% |
0.74% |
| 90 + days |
1.50% |
1.50% |
1.48% |
| Total |
3.63% |
3.57% |
3.58% |
| MBNA Canada Bank - Gloucester Credit Card Trust |
Total |
| Aggregate Ending Principal Receivables (C$MM- Millions) |
C$5,108 |
| Seller's Interest (30-day average) |
32.78% |
Series |
Size
(MM- Millions) |
Expected
Maturity |
Expense
Rate |
Blended
Coupon |
Fixed or
Floating |
EXCESS SPREAD |
3 Month
Average |
| October-09 |
September-09 |
August-09 |
| 2004-1 |
C$300 |
5/15/14 |
3.72% |
5.55% |
Fix |
6.26% |
6.34% |
6.25% |
6.29% |
| 2006-1 |
C$500 |
3/15/11 |
3.40% |
4.53% |
Fix |
6.58% |
6.66% |
6.56% |
6.60% |
| 2006-2 |
C$349 |
11/15/13 |
3.20% |
1.07% |
Fl/Fix |
6.78% |
6.85% |
6.76% |
6.80% |
| 2007-1 |
C$600 |
6/15/10 |
3.32% |
1.14% |
Fl/Fix |
6.66% |
6.74% |
6.64% |
6.68% |
| 2008-1 |
C$452 |
5/15/13 |
7.57% |
5.56% |
Fix |
2.41% |
2.46% |
2.35% |
2.41% |
Footnotes
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