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<PAGE>
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: June 16, 1999
CHASE CREDIT CARD MASTER TRUST
(formerly known as "Chemical Master Credit Card Trust I"
Series 1995-2, Series 1995-3, Series 1996-1, Series 1996-2
and Series 1996-3)
- -------------------------------------------------------------------------------
(Issuer of Securities)
THE CHASE MANHATTAN BANK (formerly known as 'Chemical Bank')
(Sponsor of the Trust)
(Exact name of registrant as specified in its charter)
New York 33-94190 13-4994650
- ---------------------------- ------------------------ -------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
270 Park Avenue, New York, New York 10017
---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 270-6000
<PAGE>
Item 5. Other Events:
On or about March 15, 1999 Monthly Interest as defined in the Pooling
and Servicing Agreement dated as of October 19, 1995 (the "Agreement") between
The Chase Manhattan Bank (formerly known as 'Chemical Bank') and The Bank of
New York, as Trustee (the "Trustee"), was distributed to holders
("Certificateholders") of participations in the Chase Credit Card Master Trust
(formerly known as "Chemical Master Credit Card Trust I") for 1995-2, 1995-3,
1996-1, 1996-2 and 1996-3 in accordance with the Agreement. Copies of the
applicable Monthly Reports, as defined in the Agreement, have been furnished to
each Certificateholders in accordance with the Agreement. Copies of those
Monthly Reports are being filed as exhibit 20.1 to this Current Report on Form
8-K.
On or about April 15, 1999 Monthly Interest as defined in the Pooling
and Servicing Agreement dated as of October 19, 1995 (the "Agreement") between
The Chase Manhattan Bank (formerly known as 'Chemical Bank') and The Bank of
New York, as Trustee (the "Trustee"), was distributed to holders
("Certificateholders") of participations in the Chase Credit Card Master Trust
(formerly known as "Chemical Master Credit Card Trust I") for 1995-2, 1995-3,
1996-1, 1996-2 and 1996-3 in accordance with the Agreement. Copies of the
applicable Monthly Reports, as defined in the Agreement, have been furnished to
each Certificateholders in accordance with the Agreement. Copies of those
Monthly Reports are being filed as exhibit 20.2 to this Current Report on Form
8-K.
On or about May 17, 1999 Monthly Interest as defined in the Pooling
and Servicing Agreement dated as of October 19, 1995 (the "Agreement") between
The Chase Manhattan Bank (formerly known as 'Chemical Bank') and The Bank of
New York, as Trustee (the "Trustee"), was distributed to holders
("Certificateholders") of participations in the Chase Credit Card Master Trust
(formerly known as "Chemical Master Credit Card Trust I") for 1995-2, 1995-3,
1996-1, 1996-2 and 1996-3 in accordance with the Agreement. Copies of the
applicable Monthly Reports, as defined in the Agreement, have been furnished to
each Certificateholders in accordance with the Agreement. Copies of those
Monthly Reports are being filed as exhibit 20.3 to this Current Report on Form
8-K.
<PAGE>
Item 7(c). Exhibits
Exhibits Description
---------- ---------------
20.1 Monthly Reports with respect to the March 15, 1999
distribution
20.2 Monthly Reports with respect to the April 15, 1999
distribution
20.3 Monthly Reports with respect to the May 17, 1999
distribution
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: June 16, 1999
The Chase Manhattan Bank,
as Servicer
By: /s/ Patrick Margey
-----------------------------------
Name: Patrick Margey
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
----------------------------
Exhibit No. Description
- --------------- -----------------
20.1 Monthly Reports with respect to the March 15, 1999
distribution
20.2 Monthly Reports with respect to the April 15, 1999
distribution
20.3 Monthly Reports with respect to the May 17, 1999
distribution
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1995-2
<TABLE>
<CAPTION>
Distribution Date: 3/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 3,115,000.00 181,245.17 190,994.94 3,487,240.11
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 66,964,989.88 3,804,727.51 5,326,862.02 76,096,579.40
(iv) Collections of Finance Charge Receivables 9,264,720.97 526,390.56 736,980.48 10,528,092.01
(v) Aggregate Amount of Principal Receivables 17,479,587,023.64
Investor Interest 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82
Adjusted Interest 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82
Series
Floating Investor Percentage 3.90% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 3.90% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 95.63%
30 to 59 days 1.41%
60 to 89 days 0.93%
90 or more days 2.03%
------------------
Total Receivables 100.00%
(vii) Investor Default Amount 3,208,578.38 182,300.73 255,232.69 3,646,111.80
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 500,000.00 28,408.33 39,773.48 568,181.82
(xi) Portfolio Yield (Net of Defaulted Receivables) 12.11%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82
(xiv) LIBOR 4.93563%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 8,764,720.97 497,982.23 697,206.99 9,959,910.19
(xxii) Certificate Rate 6.23000% 6.38000% 5.33563%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1995-3
<TABLE>
<CAPTION>
Distribution Date: 3/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 2,336,250.00 136,149.60 143,404.91 2,615,804.51
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 50,223,742.41 2,853,601.44 3,995,090.71 57,072,434.55
(iv) Collections of Finance Charge Receivables 6,948,540.72 394,800.64 552,727.64 7,896,069.01
(v) Aggregate Amount of Principal Receivables 17,479,587,023.64
Investor Interest 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36
Adjusted Interest 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36
Series
Floating Investor Percentage 2.93% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 2.93% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 95.63%
30 to 59 days 1.41%
60 to 89 days 0.93%
90 or more days 2.03%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 2,406,433.79 136,728.22 191,421.84 2,734,583.85
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 375,000.00 21,306.67 29,829.70 426,136.36
(xi) Portfolio Yield (Net of Defaulted Receivables) 12.11%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36
(xiv) LIBOR 4.93563%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 6,573,540.72 373,493.98 522,897.94 7,469,932.64
(xxii) Certificate Rate 6.23000% 6.39000% 5.46063%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1996-1
<TABLE>
<CAPTION>
Distribution Date: 3/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 3,237,500.00 189,248.43 222,826.09 3,649,574.53
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 78,125,821.52 4,438,885.96 6,214,635.15 88,779,342.64
(iv) Collections of Finance Charge Receivables 10,808,841.13 614,127.47 859,805.41 12,282,774.01
(v) Aggregate Amount of Principal Receivables 17,479,587,023.64
Investor Interest 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45
Adjusted Interest 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45
Series
Floating Investor Percentage 4.55% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 4.55% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total
Receivables)
Current 95.63%
30 to 59 days 1.41%
60 to 89 days 0.93%
90 or more days 2.03%
------------------
Total Receivables 100.00%
(vii) Investor Default Amount 3,743,341.44 212,685.97 297,769.69 4,253,797.10
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 583,333.33 33,143.33 46,402.12 662,878.79
(xi) Portfolio Yield (Net of Defaulted Receivables) 12.11%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45
(xiv) LIBOR 4.93563%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 10,225,507.79 580,984.14 813,403.29 11,619,895.22
(xxii) Certificate Rate 5.55000% 5.71000% 5.33563%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1996-2
<TABLE>
<CAPTION>
Distribution Date: 3/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 2,740,833.33 160,416.67 186,559.73 3,087,809.73
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 61,384,574.05 3,487,759.89 4,882,863.85 69,755,197.79
(iv) Collections of Finance Charge Receivables 8,492,660.89 482,537.55 675,552.57 9,650,751.01
(v) Aggregate Amount of Principal Receivables 17,479,587,023.64
Investor Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00
Adjusted Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00
Series
Floating Investor Percentage 3.58% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 3.58% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 95.63%
30 to 59 days 1.41%
60 to 89 days 0.93%
90 or more days 2.03%
-------------------
Total Receivables 100.00%
(vii) Investor Default Amount 2,941,196.85 167,113.46 233,958.84 3,342,269.15
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 458,333.33 26,041.67 36,458.33 520,833.33
(xi) Portfolio Yield (Net of Defaulted Receivables) 12.11%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00
(xiv) LIBOR 4.93563%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 8,034,327.55 456,495.88 639,094.24 9,129,917.67
(xxii) Certificate Rate 5.98000% 6.16000% 5.68563%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1996-3
<TABLE>
<CAPTION>
Distribution Date: 3/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 2,434,132.89 141,813.47 139,748.98 2,715,695.34
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 45,980,729.04 2,612,527.47 3,657,676.95 52,250,933.46
(iv) Collections of Finance Charge Receivables 6,361,512.56 361,447.65 506,045.87 7,229,006.08
(v) Aggregate Amount of Principal Receivables 17,479,587,023.64
Investor Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86
Adjusted Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86
Series
Floating Investor Percentage 2.68% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 2.68% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 95.63%
30 to 59 days 1.41%
60 to 89 days 0.93%
90 or more days 2.03%
------------------
Total Receivables 100.00%
(vii) Investor Default Amount 2,203,132.91 125,177.34 175,254.91 2,503,565.16
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 343,319.17 19,506.67 27,310.37 390,136.20
(xi) Portfolio Yield (Net of Defaulted Receivables) 12.11%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86
(xiv) LIBOR 4.93563%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 6,018,193.40 341,940.98 478,735.50 6,838,869.88
(xxii) Certificate Rate 7.09000% 7.27000% 5.68563%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1995-2
<TABLE>
<CAPTION>
Distribution Date: 4/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 3,115,000.00 181,245.17 219,418.72 3,515,663.88
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 76,722,171.21 4,359,098.03 6,103,016.23 87,184,285.46
(iv) Collections of Finance Charge Receivables 10,321,928.44 586,457.57 821,078.13 11,729,464.13
(v) Aggregate Amount of Principal Receivables 17,328,407,806.80
Investor Interest 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82
Adjusted Interest 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82
Series
Floating Investor Percentage 3.93% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 3.93% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 95.82%
30 to 59 days 1.34%
60 to 89 days 0.89%
90 or more days 1.95%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 3,336,600.97 189,574.54 265,416.50 3,791,592.01
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 500,000.00 28,408.33 39,773.48 568,181.82
(xi) Portfolio Yield (Net of Defaulted Receivables) 13.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82
(xiv) LIBOR 4.93875%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 9,821,928.44 558,049.23 781,304.64 11,161,282.32
(xxii) Certificate Rate 6.23000% 6.38000% 5.33875%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1995-3
<TABLE>
<CAPTION>
Distribution Date: 4/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 2,336,250.00 136,149.60 166,104.17 2,638,503.77
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 57,541,628.40 3,269,387.46 4,577,198.24 65,388,214.10
(iv) Collections of Finance Charge Receivables 7,741,446.33 439,851.78 615,799.99 8,797,098.10
(v) Aggregate Amount of Principal Receivables 17,328,407,806.80
Investor Interest 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36
Adjusted Interest 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36
Series
Floating Investor Percentage 2.95% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 2.95% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 95.82%
30 to 59 days 1.34%
60 to 89 days 0.89%
90 or more days 1.95%
----------------
Total Receivables 100.00%
(vii) Investor Default Amount 2,502,450.73 142,183.69 199,059.59 2,843,694.01
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 375,000.00 21,306.67 29,829.70 426,136.36
(xi) Portfolio Yield (Net of Defaulted Receivables) 13.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36
(xiv) LIBOR 4.93875%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 7,366,446.33 418,545.11 585,970.30 8,370,961.74
(xxii) Certificate Rate 6.23000% 6.39000% 5.46375%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1996-1
<TABLE>
<CAPTION>
Distribution Date: 4/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 3,237,500.00 189,248.43 255,986.97 3,682,735.40
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 89,509,199.74 5,085,656.99 7,120,142.98 101,714,999.70
(iv) Collections of Finance Charge Receivables 12,042,249.84 684,206.23 957,918.75 13,684,374.82
(v) Aggregate Amount of Principal Receivables 17,328,407,806.80
Investor Interest 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45
Adjusted Interest 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45
Series
Floating Investor Percentage 4.59% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 4.59% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 95.82%
30 to 59 days 1.34%
60 to 89 days 0.89%
90 or more days 1.95%
---------------
Total Receivables 100.00%
(vii) Investor Default Amount 3,892,701.13 221,172.16 309,650.73 4,423,524.01
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 583,333.33 33,143.33 46,402.12 662,878.79
(xi) Portfolio Yield (Net of Defaulted Receivables) 13.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45
(xiv) LIBOR 4.93875%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 11,458,916.51 651,062.90 911,516.63 13,021,496.03
(xxii) Certificate Rate 5.55000% 5.71000% 5.33875%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1996-2
<TABLE>
<CAPTION>
Distribution Date: 4/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 2,740,833.33 160,416.67 214,315.76 3,115,565.76
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 70,328,656.94 3,995,946.42 5,594,324.98 79,918,928.34
(iv) Collections of Finance Charge Receivables 9,461,767.73 537,600.44 752,640.62 10,752,008.79
(v) Aggregate Amount of Principal Receivables 17,328,407,806.80
Investor Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00
Adjusted Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00
Series
Floating Investor Percentage 3.61% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 3.61% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 95.82%
30 to 59 days 1.34%
60 to 89 days 0.89%
90 or more days 1.95%
---------------
Total Receivables 100.00%
(vii) Investor Default Amount 3,058,550.89 173,781.30 243,293.82 3,475,626.01
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 458,333.33 26,041.67 36,458.33 520,833.33
(xi) Portfolio Yield (Net of Defaulted Receivables) 13.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00
(xiv) LIBOR 4.93875%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 9,003,434.40 511,558.77 716,182.28 10,231,175.46
(xxii) Certificate Rate 5.98000% 6.16000% 5.68875%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1996-3
<TABLE>
<CAPTION>
Distribution Date: 4/15/1999
Section 5.2 - Supplement Class A Class B Collateral Total
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 2,434,132.89 141,813.47 160,540.58 2,736,486.94
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 52,680,383.77 2,993,187.64 4,190,621.36 59,864,192.77
(iv) Collections of Finance Charge Receivables 7,087,431.74 402,692.83 563,791.32 8,053,915.89
(v) Aggregate Amount of Principal Receivables 17,328,407,806.80
Investor Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86
Adjusted Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86
Series
Floating Investor Percentage 2.70% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 2.70% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 95.82%
30 to 59 days 1.34%
60 to 89 days 0.89%
90 or more days 1.95%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 2,291,038.13 130,171.93 182,247.60 2,603,457.65
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 343,319.17 19,506.67 27,310.37 390,136.20
(xi) Portfolio Yield (Net of Defaulted Receivables) 13.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86
(xiv) LIBOR 4.93875%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 6,744,112.57 383,186.17 536,480.95 7,663,779.69
(xxii) Certificate Rate 7.09000% 7.27000% 5.68875%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1995-2
<TABLE>
<CAPTION>
Distribution Date: 5/17/99
Section 5.2 - Supplement Class A Class B Collateral Total
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 3,115,000.00 181,245.17 225,966.43 3,522,211.59
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 72,118,182.05 4,097,514.71 5,736,782.84 81,952,479.60
(iv) Collections of Finance Charge Receivables 8,917,764.65 506,677.66 709,381.15 10,133,823.46
(v) Aggregate Amount of Principal Receivables 18,471,318,946.69
Investor Interest 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82
Adjusted Interest 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82
Series
Floating Investor Percentage 3.69% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 3.69% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 96.17%
30 to 59 days 1.21%
60 to 89 days 0.84%
90 or more days 1.78%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 2,934,449.55 166,725.64 233,426.57 3,334,601.76
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 500,000.00 28,408.33 39,773.48 568,181.82
(xi) Portfolio Yield (Net of Defaulted Receivables) 11.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82
(xiv) LIBOR 4.92625%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 8,417,764.65 478,269.33 669,607.67 9,565,641.64
(xxii) Certificate Rate 6.23000% 6.38000% 5.32625%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1995-3
<TABLE>
<CAPTION>
Distribution Date: 5/17/99
Section 5.2 - Supplement Class A Class B Collateral Total
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 2,336,250.00 136,149.60 173,418.67 2,645,818.27
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 54,088,636.54 3,073,196.13 4,302,527.03 61,464,359.70
(iv) Collections of Finance Charge Receivables 6,688,323.48 380,015.68 532,028.43 7,600,367.60
(v) Aggregate Amount of Principal Receivables 18,471,318,946.69
Investor Interest 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36
Adjusted Interest 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36
Series
Floating Investor Percentage 2.77% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 2.77% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 96.17%
30 to 59 days 1.21%
60 to 89 days 0.84%
90 or more days 1.78%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 2,200,837.16 125,046.68 175,067.48 2,500,951.32
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 375,000.00 21,306.67 29,829.70 426,136.36
(xi) Portfolio Yield (Net of Defaulted Receivables) 11.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36
(xiv) LIBOR 4.92625%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 6,313,323.48 358,709.01 502,198.74 7,174,231.23
(xxii) Certificate Rate 6.23000% 6.39000% 5.45125%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1996-1
<TABLE>
<CAPTION>
Distribution Date: 5/17/99
Section 5.2 - Supplement Class A Class B Collateral Total
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 3,237,500.00 189,248.43 263,625.92 3,690,374.35
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 84,137,879.06 4,780,473.89 6,692,873.25 95,611,226.20
(iv) Collections of Finance Charge Receivables 10,404,058.75 591,128.89 827,606.39 11,822,794.04
(v) Aggregate Amount of Principal Receivables 18,471,318,946.69
Investor Interest 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45
Adjusted Interest 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45
Series
Floating Investor Percentage 4.31% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 4.31% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total
Receivables)
Current 96.17%
30 to 59 days 1.21%
60 to 89 days 0.84%
90 or more days 1.78%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 3,423,524.47 194,514.88 272,329.37 3,890,368.72
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 583,333.33 33,143.33 46,402.12 662,878.79
(xi) Portfolio Yield (Net of Defaulted Receivables) 11.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45
(xiv) LIBOR 4.92625%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 9,820,725.42 557,985.56 781,204.27 11,159,915.25
(xxii) Certificate Rate 5.55000% 5.71000% 5.32625%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1996-2
<TABLE>
<CAPTION>
Distribution Date: 5/17/99
Section 5.2 - Supplement Class A Class B Collateral Total
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 2,740,833.33 160,416.67 220,743.06 3,121,993.06
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 66,108,333.55 3,756,155.32 5,258,617.44 75,123,106.30
(iv) Collections of Finance Charge Receivables 8,174,617.59 464,466.91 650,253.67 9,289,338.17
(v) Aggregate Amount of Principal Receivables 18,471,318,946.69
Investor Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00
Adjusted Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00
Series
Floating Investor Percentage 3.38% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 3.38% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 96.17%
30 to 59 days 1.21%
60 to 89 days 0.84%
90 or more days 1.78%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 2,689,912.08 152,835.91 213,970.28 3,056,718.28
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 458,333.33 26,041.67 36,458.33 520,833.33
(xi) Portfolio Yield (Net of Defaulted Receivables) 11.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00
(xiv) LIBOR 4.92625%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 7,716,284.26 438,425.24 613,795.34 8,768,504.84
(xxii) Certificate Rate 5.98000% 6.16000% 5.67625%
</TABLE>
<PAGE>
Chase Manhattan Bank USA, N.A.
Monthly Certificateholder's Statement
Chase Credit Card Master Trust
Series 1996-3
<TABLE>
<CAPTION>
Distribution Date: 5/17/99
Section 5.2 - Supplement Class A Class B Collateral Total
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 2,434,132.89 141,813.47 165,355.17 2,741,301.53
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 49,519,108.33 2,813,570.68 3,939,148.09 56,271,827.10
(iv) Collections of Finance Charge Receivables 6,123,279.05 347,911.72 487,094.86 6,958,285.64
(v) Aggregate Amount of Principal Receivables 18,471,318,946.69
Investor Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86
Adjusted Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86
Series
Floating Investor Percentage 2.53% 88.00% 5.00% 7.00% 100.00%
Fixed Investor Percentage 2.53% 88.00% 5.00% 7.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 96.17%
30 to 59 days 1.21%
60 to 89 days 0.84%
90 or more days 1.78%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 2,014,905.55 114,482.66 160,281.79 2,289,670.00
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 343,319.17 19,506.67 27,310.37 390,136.20
(xi) Portfolio Yield (Net of Defaulted Receivables) 11.97%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86
(xiv) LIBOR 4.92625%
(xv) Principal Funding Account Balance 0.00
(xvii) Accumulation Shortfall 0.00
(xviii)Principal Funding Investment Proceeds 0.00
(xx) Principal Investment Funding Shortfall 0.00
(xxi) Available Funds 5,779,959.89 328,405.06 459,784.49 6,568,149.43
(xxii) Certificate Rate 7.09000% 7.27000% 5.67625%
</TABLE>
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