CHASE MANHATTAN BANK USA
8-K, 1998-10-14
ASSET-BACKED SECURITIES
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                       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: Octber 1, 1998


                    CHASE MANHATTAN CREDIT CARD MASTER TRUST
                    ----------------------------------------
                          (Exact name of registrant as
                            specified in its charter)


                CHASE MANHATTAN BANK USA, N.A. (formerly known as
                        "The Chase Manhattan Bank (USA)")
                            (Sponsor of the Trust)



         Delaware            33-40006                22-2382028
      ---------------     -----------------       ------------------
      (State or other      (Commission             (IRS Employer
      jurisdiction of      File Number)           Identification No.)
      incorporation)


      802 Delaware Avenue, Wilmington, Delaware            19801
      ------------------------------------------          ----------
      (Address of principal executive offices)          (Zip code)


Registrant's telephone number, including area code: (302) 575-5050


<PAGE>

Item 2.

          Effective as of October 1, 1998, pursuant to Reassignment No. 6 of
Receivables in Removed Accounts, dated as of October 1, 1998, between the
Trustee and the Seller, the Seller has designated approximately $650 million
aggregate amount of Receivables from certain randomly-selected accounts as
Removed Accounts, and will cause the Trustee to reconvey the Receivables from
the Removed Accounts, whether now existing or hereafter created, from the Trust
to the Seller.


Item 7 (c). Exhibits


   Exhibit                                   Description
   -------                                    -----------

     1                          Removal Notice dated October 1, 1998 to 
                                Yasuda Bank and Trust Company (U.S.A.) and
                                Chase Manhattan Bank USA, National Association, 
                                as Servicer

<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.

  
                              Chase Manhattan Credit Card Master Trust

                              By: Chase Manhattan Bank USA, N.A., as Servicer


                              By: /s/ Patricia Garvey
                                   -------------------
                              Name:  Patricia Garvey
                              Title: Vice President


Date:  October 14, 1998 
<PAGE>


                                INDEX TO EXHIBITS
                                -----------------


 Exhibit                   Description                           
 -------                   -----------                           

  1                       Removal Notice dated October 1, 1998 to 
                          Yasuda Bank and Trust Company (U.S.A.) and
                          Chase Manhattan Bank USA, National Association, 
                          as Servicer





                                                           Exhibit 1
                                                           ------------
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                    [CHASE MANHATTAN BANK USA, N.A. LETTERHEAD]





September 10, 1998


Yasuda Bank and Trust Company (U.S.A.)
666 Fifth Avenue, Suite 802
New York, New York 10103

Chase Manhattan Bank USA, National Association, as Servicer
802 Delaware Avenue
Wilmington, Delaware 19801

         re:      Chase Manhattan Credit Card Master Trust - Removal of Accounts

Ladies and Gentlemen:
<S>     <C>

         We refer to the Chase Manhattan Credit Card Master Trust (the Trust), established pursuant to the First
Amended and Restated Pooling and Servicing Agreement, dated as of July 1, 1996 (the Pooling Agreement), between
Yasuda Bank and Trust Company, as Trustee (the Trustee) and Chase Manhattan Bank USA, National Association, as
Seller (the Seller) and Servicer (the Servicer).  Section 2.07 of the Pooling Agreement provides that if, on any
Determination date the Seller Interest (as therein defined) exceeds 10% of the Aggregate Principal Receivables at
the end of the day immediately prior to such date of determination, the Seller may designate Receivables from
Accounts for deletion and removal from the Trust (Removed Accounts).

         The Seller hereby notifies you that, effective as of October 1, 1998, pursuant to Reassignment No. 6 of
Receivables in Removed Accounts, dated as of October 1, 1998, between the Trustee and the Seller, it will
designate approximately $650 million aggregate amount of Receivables from certain randomly-selected accounts (the
account numbers for which will be provided to you as soon as possible) as Removed Accounts, and will cause the
Trustee to reconvey the Receivables from the Removed Accounts, whether now existing or hereafter created, from
the Trust to the Seller.

                                                     Very truly yours,

                                                     CHASE MANHATTAN BANK USA,
                                                     NATIONAL ASSOCIATION, as Seller


                                                     /s/Keith Schuck
                                                    ---------------------------------
                                                     Keith Schuck
                                                     Controller

cc:      Patrick Margey
         Cris Kako
         Martin Joyce
         David Morris
         Robert DeMauro
         Kevin Gilmartin

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