CHASE MANHATTAN BANK USA
8-K/A, 1998-04-24
ASSET-BACKED SECURITIES
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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: April 24, 1998


                         CHASE CREDIT CARD MASTER TRUST
            (formerly known as "Chemical Master Credit Card Trust I"),
                 Series 1996-4, Series 1997-1, Series 1997-2, Series 1997-4,
                 and Series 1997-5
           -----------------------------------------------------------
                             (Issuer of Securities)

                 CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
              (formerly known as "The Chase Manhattan Bank (USA)")
                             (Sponsor of the Trust)
             (Exact name of registrant as specified in its charter)



  United States                 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 5.  Other Events.
         -------------

     On or about February 17, 1998 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
Series 1996-4, Series 1997-1, Series 1997-2, Series 1997-4 and Series 1997-5
in accordance with the Agreement.  Copies of the applicable Monthly Reports,
as defined in the Agreement, have been furnished to 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.


Item 7(c).  Exhibits
            --------

            Exhibit No.           Description
            -----------            -----------

              20.1                 Monthly Reports with respect to the
                                   February 17, 1998 distribution


<PAGE>





                                   SIGNATURES
                                   ----------


     Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                                 THE CHASE MANHATTAN BANK,
                                                 AS SERVICER


                                                 By: /s/Patrick J. Margey
                                                    ---------------------
                                                 Name:  Patrick J. Margey
                                                 Title: Vice President

Dated:  April 24, 1998  

<PAGE>

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


           Exhibit No.                 Description
           ----------                  -----------
 
            20.1                  Monthly Reports with respect to the 
                                  February 17, 1998 distribution



<PAGE>
<TABLE>
<CAPTION>
                                               Chase Manhattan Bank, USA, (NA)
                                            Monthly Certificateholder's Statement

                                                Chase Credit Card Master Trust
                                                        Series 1996-4
                                                                                         Distribution Date:         2/17/98

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              7,345,479.17      635,647.41            0.00               7,981,126.58
         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    145,902,996.00   12,158,513.52   15,632,533.34             173,694,042.86

(iv)     Collections of Finance Charge Recei      20,298,177.25    1,691,505.11    2,174,814.37              24,164,496.73

(v)      Aggregate Amount of Principal Receivables                                                       13,890,898,008.64

                          Investor Interest    1,400,000,000.00  116,666,000.00  150,000,666.67           1,666,666,666.67
                          Adjusted Interest    1,400,000,000.00  116,666,000.00  150,000,666.67           1,666,666,666.67

                                Series
           Floating Investor Percentage 12.00%           84.00%           7.00%           9.00%                   100.00%
           Fixed Investor Percentage    12.00%           84.00%           7.00%           9.00%                   100.00%

(vi)       Receivables Delinquent (As % of Total Receivables)
                     Current                                                                                       94.68%
                     30 to 59 days                                                                                  1.81%
                     60 to 89 days                                                                                  1.16%
                     90 or more days                                                                                2.35%
                               Total Receivables                                                                  100.00%

(vii)      Investor Default Amount                 8,522,588.80      710,211.68      913,138.57            10,145,939.05

(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                           1,166,666.67       97,221.67      125,000.56             1,388,888.89

(xi)       Portfolio Yield (Net of Defaulted Receivables)                                                          10.09%

(xii)      Reallocated Monthly Principal                                   0.00            0.00                     0.00

(xiii)     Closing Investor Interest(Class A)  1,400,000,000.00  116,666,000.00  150,000,666.67         1,666,666,666.67

(xiv)      LIBOR                                                                                                      5.59375%

(xv)       Principal Funding Account Balance                                                                        0.00

(xvi)      Accumulation Shortfall                                                                                   0.00

(xvii)     Principal Funding Investment Proceeds                                                                    0.00

(xviii)    Principal Investment Funding Shortfall
                                                                                                   ===================

(xix)      Available Funds                       19,229,594.20    1,602,457.03    2,060,322.82                22,892,374.05

(xx)       Certificate Rate                             5.7238%         5.9438%         6.2188%

- ----------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

<CAPTION>
                                                       Chase Manhattan Bank, USA, (NA)
                                                    Monthly Certificateholder's Statement

                                                        Chase Credit Card Master Trust
                                                                Series 1997-1
                                                                                                      Distribution Date:     2/17/98

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                       5,991,619.79     516,869.30              0.00             6,508,489.09
           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             119,848,889.57   9,987,372.73     12,840,987.19           142,677,249.49

(iv)       Collections of Finance Charge Receivables         16,673,502.74   1,389,453.73      1,786,451.55            19,849,408.03

(v)        Aggregate Amount of Principal Receivables                                                               13,890,898,008.64

                                       Investor Interest  1,150,000,000.00  95,833,000.00    123,214,619.00         1,369,047,619.00
                                       Adjusted Interest  1,150,000,000.00  95,833,000.00    123,214,619.00         1,369,047,619.00

                                               Series
           Floating Investor Percentage               9.86%          84.00%          7.00%             9.00%                 100.00%
           Fixed Investor Percentage                  9.86%          84.00%          7.00%             9.00%                 100.00%

(vi)       Receivables Delinquent (As % of Total Receivables)
                                    Current                                                                                   94.68%
                                    30 to 59 days                                                                              1.81%
                                    60 to 89 days                                                                              1.16%
                                    90 or more days                                                                            2.35%
                                              Total Receivables                                                              100.00%

(vii)      Investor Default Amount                            7,000,697.94     583,389.47        750,076.81             8,334,164.22

(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                                        958,333.33      79,860.83        102,678.85             1,140,873.02

(xi)       Portfolio Yield (Net of Defaulted Receivables)                                                                     10.09%

(xii)      Reallocated Monthly Principal                                             0.00              0.00                     0.00

(xiii)     Closing Investor Interest (Class A Adjusted)   1,150,000,000.00  95,833,000.00    123,214,619.00         1,369,047,619.00

(xiv)      LIBOR                                                                                                            5.59375%

(xv)       Principal Funding Account Balance                                                                                    0.00

(xvi)      Accumulation Shortfall                                                                                               0.00

(xvii)     Principal Funding Investment Proceeds                                                                                0.00

(xviii)    Principal Investment Funding Shortfall
                                                                                                                  ==================

(xix)      Available Funds                                   15,795,738.09   1,316,306.93      1,692,405.09            18,804,450.11

(xx)       Certificate Rate                                           5.6838%        5.8838%           6.2438%

- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>

                                                    Chase Manhattan Bank, USA, (NA)
                                                 Monthly Certificateholder's Statement

                                                     Chase Credit Card Master Trust
                                                             Series 1997-2
                                                                                                    Distribution Date:      2/17/98

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                       7,875,000.00    458,095.13            0.00              8,333,095.13
           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             156,324,638.58  8,882,053.31   12,434,942.90             77,641,634.79

(iv)       Collections of Finance Charge Receivables         21,748,047.05  1,235,680.54    1,729,962.25             24,713,689.84

(v)        Aggregate Amount of Principal Receivables                                                             13,890,898,008.64

                                      Investor Interest   1,500,000,000.00 85,227,000.00  119,318,455.00          1,704,545,455.00
                                      Adjusted Interest   1,500,000,000.00 85,227,000.00  119,318,455.00          1,704,545,455.00

                                               Series
           Floating Investor Percentage              12.27%          88.00%         5.00%           7.00%                   100.00%
           Fixed Investor Percentage                 12.27%          88.00%         5.00%           7.00%                   100.00%

(vi)       Receivables Delinquent (As % of Total Receivables)
                                    Current                                                                                  94.68%
                                    30 to 59 days                                                                             1.81%
                                    60 to 89 days                                                                             1.16%
                                    90 or more days                                                                           2.35%
                                              Total Receivables                                                             100.00%

(vii)      Investor Default Amount                            9,131,345.15    518,824.77      726,358.66             10,376,528.58

(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                                      1,250,000.00     71,022.50       99,432.05              1,420,454.55

(xi)       Portfolio Yield (Net of Defaulted Receivables)                                                                    10.09%

(xii)      Reallocated Monthly Principal                                            0.00            0.00                      0.00

(xiii)     Closing Investor Interest (Class A Adjusted)   1,500,000,000.00 85,227,000.00  119,318,455.00          1,704,545,455.00

(xiv)      LIBOR                                                                                                            5.59375%

(xv)       Principal Funding Account Balance                                                                                  0.00

(xvi)      Accumulation Shortfall                                                                                             0.00

(xvii)     Principal Funding Investment Proceeds                                                                              0.00

(xviii)    Principal Investment Funding Shortfall
                                                                                                             ===================

(xix)      Available Funds                                   20,603,136.64  1,170,629.02     1,638,889.62             23,412,655.28

(xx)       Certificate Rate                                           6.3000%       6.4500%         6.0938%

- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
                                               Chase Manhattan Bank, USA, (NA)
                                           Monthly Certificateholder's Statement

                                                Chase Credit Card Master Trust
                                                         Series 1997-3
<TABLE>

                                                                                                       Distribution Date:   2/17/98
<CAPTION>

Section 5.2 - Supplement                                           Class A          Class B        Collateral              Total
- --------------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                                   <C>               <C>             <C>              <C> 
(i)     Monthly Principal Distributed                                   0.00             0.00            0.00                  0.00

(ii)    Monthly Interest Distributed                                    0.00       113,507.30      155,763.66            269,270.96
        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                   26,054,106.43     2,171,140.80    2,791,546.18         31,016,793.41

(iv)    Collections of Finance Charge Receivables               3,624,674.51       302,051.38      388,362.82          4,315,088.71

(v)     Aggregate Amount of Principal Receivables                                                                 13,890,898,008.64

                                           Investor Interest  250,000,000.00    20,833,000.00   26,786,048.00        297,619,048.00
                                           Adjusted Interest  250,000,000.00    20,833,000.00   26,786,048.00        297,619,048.00

                                                Series
        Floating Investor Percentage                   2.14%           84.00%            7.00%           9.00%               100.00%
        Fixed Investor Percentage                      2.14%           84.00%            7.00%           9.00%               100.00%

(vi)    Receivables Delinquent (As % of Total Receivables)
                Current                                                                                                       94.68%
                30 to 59 days                                                                                                  1.81%
                60 to 89 days                                                                                                  1.16%
                90 or more days                                                                                                2.35%
                                               Total Receivables                                                             100.00%

(vii)   Investor Default Amount                                 1,521,890.86       126,822.21      163,061.77          1,811,774.83

(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                                             208,333.33        17,360.83       22,321.71            248,015.87

(xi)    Portfolio Yield (Net of Defaulted Receivables)                                                                        10.09%

(xii)   Reallocated Monthly Principal                                                    0.00            0.00                  0.00

(xiii)  Closing Investor Interest (Class A Adjusted)          250,000,000.00    20,833,000.00   26,786,048.00        297,619,048.00

(xiv)   LIBOR                                                                                                               5.59375%

(xv)    Principal Funding Account Balance                                                                                      0.00

(xvi)   Accumulation Shortfall                                                                                                 0.00

(xvii)  Principal Funding Investment Proceeds                                                                                  0.00

(xviii) Principal Investment Funding Shortfall
                                                                                                                 ===================

(xix)   Available Funds                                         3,440,598.80       286,150.10      367,917.74          4,094,666.63

(xx)    Certificate Rate                                                6.7770%          5.9438%         6.3438%

- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                                               Chase Manhattan Bank, USA, (NA)
                                                             Monthly Certificateholder's Statement

                                                                 Chase Credit Card Master Trust
                                                                         Series 1997-4
                                                                                                  Distribution Date:         2/17/98

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                          3,164,562.50      272,880.21               0.00          3,437,442.71
         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                 62,529,855.43    5,210,821.29       6,699,627.44         74,440,304.16

(iv)     Collections of Finance Charge Receivables             8,699,218.82      724,934.90         932,059.17         10,356,212.89

(v)      Aggregate Amount of Principal Receivables                                                                 13,890,898,008.64

                                          Investor Interest  600,000,000.00   50,000,000.00      64,285,715.00        714,285,715.00
                                          Adjusted Interest  600,000,000.00   50,000,000.00      64,285,715.00        714,285,715.00

                                                   Series
         Floating Investor Percentage                         5.1421133%    84.00%           7.00%              9.00%        100.00%
         Fixed Investor Percentage                            5.14%         84.00%           7.00%              9.00%        100.00%

(vi)     Receivables Delinquent (As % of Total Receivables)
                                              Current                                                                         94.68%
                                              30 to 59 days                                                                    1.81%
                                              60 to 89 days                                                                    1.16%
                                              90 or more days                                                                  2.35%
                                                        Total Receivables                                                    100.00%

(vii)    Investor Default Amount                               3,652,538.06      304,378.17         391,343.37          4,348,259.60

(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       41,666.67          53,571.43            595,238.10

(xi)     Portfolio Yield (Net of Defaulted Receivables)                                                                       10.09%

(xii)    Reallocated Monthly Principal                                                 0.00               0.00                  0.00

(xiii)   Closing Investor Interest (Class A Adjusted)        600,000,000.00   50,000,000.00      64,285,715.00        714,285,715.00

(xiv)    LIBOR                                                                                                              5.59375%

(xv)     Principal Funding Account Balance                                                                                      0.00

(xvi)    Accumulation Shortfall                                                                                                 0.00

(xvii)   Principal Funding Investment Proceeds                                                                                  0.00

(xviii)  Principal Investment Funding Shortfall
                                                                                                                   =================

(xix)    Available Funds                                       8,241,254.66      686,771.22         882,991.5           9,811,017.46

(xx)     Certificate Rate                                              5.7538%         5.9538%            6.1938%

- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                                 Chase Manhattan Bank, USA, (NA)
                                              Monthly Certificateholder's Statement

                                                  Chase Credit Card Master Trust
                                                          Series 1997-5
                                                                                           Distribution Date:          2/17/98

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               4,473,444.44         262,133.00          0.00                  4,735,577.44
           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      64,763,930.86       3,679,757.02  5,151,688.20                 73,488,586.86

(iv)       Collections of Finance Charge Receivables  9,327,485.45         529,969.16    741,960.68                 10,599,415.29

(v)        Aggregate Amount of Principal Receivables                                                            13,890,898,008.64

                               Investor Interest    500,000,000.00      28,409,000.00 39,772,819.00                568,181,819.00
                               Adjusted Interest    500,000,000.00      28,409,000.00 39,772,819.00                568,181,819.00
 
                                    Series
                Floating Investor Percentage   4.09%        88.00%              5.00%         7.00%                       100.00%
                Fixed Investor Percentage      4.09%        88.00%              5.00%         7.00%                       100.00%

(vi)       Receivables Delinquent (As % of Total Receivables)
                     Current                                                                                               94.68%
                     30 to 59 days                                                                                          1.81%
                     60 to 89 days                                                                                          1.16%
                     90 or more days                                                                                        2.35%
                               Total Receivables                                                                          100.00%

(vii)      Investor Default Amount                   3,631,484.40         206,333.68    288,868.74                  4,126,686.81

(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                               555,555.56          31,565.56     44,192.02                    631,313.13

(xi)       Portfolio Yield (Net of Defaulted Receivables)                                                                  10.27%

(xii)      Reallocated Monthly Principal                                        0.00          0.00                          0.00

(xiii)     Closing Investor Interest (Class A)     500,000,000.00      28,409,000.00 39,772,819.00                568,181,819.00

(xiv)      LIBOR                                                                                                         5.90625%

(xv)       Principal Funding Account Balance                                                                                0.00
 
(xvi)      Accumulation Shortfall                                                                                           0.00

(xvii)     Principal Funding Investment Proceeds                                                                            0.00

(xviii)    Principal Investment Funding Shortfall     
                                                                                                             ====================

(xix)      Available Funds                           8,820,848.65         501,182.98    701,660.03                 10,023,691.67

(xx)       Certificate Rate                                  6.19400%           6.38800%      6.55625%

- -------------------------------------------------------------------------------------------------------------------------
</TABLE>


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