[Letterhead of People's Bank ]
People's Bank
Bridgeport Center, 850 Main Street
Bridgeport, Connecticut 06604-4913
February 27, 1998
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: People's Bank Credit Card Master Trust; Post-Effective Amendment
to the Registration Statement on Form S-1
File No. 333-33269
Ladies and Gentlemen:
Pursuant to the discussions of Mayer, Brown & Platt and staff of the
Securities and Exchange Commission (the "Commission"), and in accordance with
Rule 477 of the Securities Act of 1933, as amended, People's Bank, as originator
of the People's Bank Credit Card Master Trust, hereby withdraws its
post-effective amendment to the registration statement on Form S-1, File No.
333-33269, which amendment was filed with the Commission on September 15, 1997
(the "Post-Effective Amendment").
Very truly yours,
PEOPLE'S BANK
By:/s/ William T. Kosturko
Name: William T. Kosturko, Esq.
Title: Executive Vice President and
General Counsel
