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BA Credit Card Trust
Excess Available Funds Analysis—September 2008
| BAseries Performance |
September-08 |
August-08 |
July-08 |
3-Month Average |
| Cash Yield |
17.59% |
18.00% |
17.68% |
17.76% |
| Cash Yield without Recoveries |
17.19% |
17.57% |
17.25% |
17.34% |
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|
|
|
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| Gross Charge-Offs |
7.55% |
7.62% |
7.32% |
7.50% |
| Net Charge-Offs |
7.15% |
7.19% |
6.89% |
7.08% |
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|
|
|
|
| Base Rate |
5.00% |
4.98% |
4.97% |
4.98% |
| Excess Available Funds |
5.04% |
5.40% |
5.38% |
5.27% |
| |
|
|
|
|
| Monthly Payment Rate |
14.90% |
15.44% |
15.91% |
15.42% |
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|
|
|
|
| Delinquency |
| 30 to 59 days |
1.87% |
1.76% |
1.71% |
1.78% |
| 60 to 89 days |
1.28% |
1.28% |
1.20% |
1.25% |
| 90 + days |
2.92% |
2.90% |
2.93% |
2.92% |
| Total |
6.07% |
5.94% |
5.84% |
5.95% |
| BA Credit Card Trust |
Class A |
Class B |
Class C |
Total |
| Adj. Outstanding Tranche Totals ($MM- Millions) |
$68,425 |
$5,558 |
$5,778 |
$79,760 |
| BA Master Credit Card Trust II- 2 |
Total |
| Aggregate Ending Principal Receivables ($MM- Millions) |
$98,234 |
| Seller's Interest (30-day average) |
11.06% |
Footnotes
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