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EXHIBIT 99.1
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BANC ONE CREDIT CARD MASTER TRUST - SERIES ALLOCATION REPORT
Distribution Date of: 15-Jun-00 For the Monthly Period Ending: 31-May-00 Days in Interest Period (30/360) 30
Determined as of: 9-Jun-00 Monthly Period 67 Days in Interest Period (Act/360) 31
<S> <C> <C> <C> <C>
Beginning Total Trust Investor Interest Series 1995-A Series 1995-B
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Pool Balance (Principal) 3,958,483,900.87
Finance Charges O/S 149,079,276.24
Excess Funding Account 0.00
Initial Invested Amount 3,860,000,000.00 380,000,000.00 380,000,000.00
Invested Amount 3,690,000,000.00 380,000,000.00 380,000,000.00
Class A Invested Amount 357,200,000.00 357,200,000.00
Class B Invested Amount 22,800,000.00 22,800,000.00
Principal Funding Account 416,733,333.33 297,666,666.67 119,066,666.67
Adjusted Invested Amount 3,273,266,666.67 82,333,333.33 260,933,333.33
Class A Adjusted Invested Amt 59,533,333.33 238,133,333.33
Class B Adjusted Invested Amt 22,800,000.00 22,800,000.00
Enhancement Invested Amount 0.00 0.00 0.00
Principal Allocation Pct 100.00% 93.22% 9.60% 9.60%
Principal Collections 446,832,235.76 416,525,869.81 42,894,263.02 42,894,263.02
Floating Allocation Pct 100.00% 85.70% 3.58% 8.10%
Finance Charge Collections 73,676,301.11 63,138,963.91 2,640,458.19 5,964,606.46
Defaulted Amount 38,812,214.68 33,261,211.34 1,390,976.86 3,142,117.38
Interchange Collections 10,011,028.00 8,579,230.04 358,781.60 810,462.00
Servicer Interchange 3,806,698.26 358,781.60 395,833.33
Shared Principal Collections 359,465,460.87 0.00 0.00
Ending Total Trust Investor Interest Series 1995-A Series 1995-B
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Pool Balance (Principal) 3,964,059,975.81
Finance Charges O/S 146,168,885.63
Excess Funding Account 0.00
Initial Invested Amount 3,860,000,000.00 380,000,000.00 380,000,000.00
Invested Amount 3,332,800,000.00 22,800,000.00 380,000,000.00
Class A Invested Amount 0.00 357,200,000.00
Class B Invested Amount 22,800,000.00 22,800,000.00
Principal Funding Account 178,600,000.00 0.00 178,600,000.00
Partial Amortization Amount 0.00 0.00 0.00
Adjusted Invested Amount 3,154,200,000.00 22,800,000.00 201,400,000.00
Class A Adjusted Invested Amt 0.00 178,600,000.00
Class B Adjusted Invested Amt 22,800,000.00 22,800,000.00
Enhancement Invested Amount 0.00 0.00 0.00
Principal Allocation Pct 100.00% 93.09% 9.59% 9.59%
Floating Allocation Pct 100.00% 82.57% 2.08% 6.58%
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<TABLE>
<CAPTION>
BANC ONE CREDIT CARD MASTER TRUST - SERIES ALLOCATION REPORT
Distribution Date of: 15-Jun-00 For the Monthly Period Ending: 31-May-00 Days in Interest Period (30/360) 30
Determined as of: 9-Jun-00 Monthly Period 67 Days in Interest Period (Act/360) 31
<S> <C> <C> <C>
Beginning Series 1996-A Series 1997-1 Series 1997-2
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Pool Balance (Principal)
Finance Charges O/S
Excess Funding Account
Initial Invested Amount 500,000,000.00 1,700,000,000.00 900,000,000.00
Invested Amount 500,000,000.00 1,530,000,000.00 900,000,000.00
Class A Invested Amount 465,000,000.00 1,530,000,000.00 900,000,000.00
Class B Invested Amount 35,000,000.00 0.00 0.00
Principal Funding Account 0.00 0.00 0.00
Adjusted Invested Amount 500,000,000.00 1,530,000,000.00 900,000,000.00
Class A Adjusted Invested Amt 465,000,000.00 1,530,000,000.00 900,000,000.00
Class B Adjusted Invested Amt 35,000,000.00 0.00 0.00
Enhancement Invested Amount 0.00 0.00 0.00
Principal Allocation Pct 12.63% 38.65% 22.74%
Principal Collections 56,439,819.76 172,705,848.46 101,591,675.56
Floating Allocation Pct 12.63% 38.65% 22.74%
Finance Charge Collections 9,306,126.15 28,476,746.03 16,751,027.08
Defaulted Amount 4,902,409.06 15,001,371.72 8,824,336.31
Interchange Collections 1,264,502.81 3,869,378.59 2,276,105.05
Servicer Interchange 520,833.33 1,593,750.00 937,500.00
Shared Principal Collections 61,342,228.82 187,707,220.18 110,416,011.87
Ending Series 1996-A Series 1997-1 Series 1997-2
------------------------------- -------------- -------------- --------------
Pool Balance (Principal)
Finance Charges O/S
Excess Funding Account
Initial Invested Amount 500,000,000.00 1,700,000,000.00 900,000,000.00
Invested Amount 500,000,000.00 1,530,000,000.00 900,000,000.00
Class A Invested Amount 465,000,000.00 1,530,000,000.00 900,000,000.00
Class B Invested Amount 35,000,000.00 0.00 0.00
Principal Funding Account 0.00 0.00 0.00
Partial Amortization Amount 0.00 0.00 0.00
Adjusted Invested Amount 500,000,000.00 1,530,000,000.00 900,000,000.00
Class A Adjusted Invested Amt 465,000,000.00 1,530,000,000.00 900,000,000.00
Class B Adjusted Invested Amt 35,000,000.00 0.00 0.00
Enhancement Invested Amount 0.00 0.00 0.00
Principal Allocation Pct 12.61% 38.60% 22.70%
Floating Allocation Pct 12.61% 38.60% 22.70%
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*Note: For purposes of reporting balances, beginning refers to the balances
as of the distribution date in the current Monthly Period, and ending refers
to the balances as of the upcoming Distribution Date. Beginning Floating
Allocation Percentages are based on the Adjusted Invested Amounts as of the
last day of the Monthly Period preceding the current Monthly Period. Ending
Floating Allocation Percentages will be used for next month's allocations.
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<TABLE>
<CAPTION>
BANC ONE CREDIT CARD MASTER TRUST - SERIES ALLOCATION REPORT
Distribution Date of: 15-Jun-00 For the Monthly Period Ending: 31-May-00 Days in Interest Period (30/360) 30
Determined as of: 9-Jun-00 Monthly Period 67 Days in Interest Period (Act/360) 31
<S> <C> <C> <C> <C>
Minimum Balance Requirement
--------------------------- Gross Balances of
Trust Initial Invested Amount 3,860,000,000.00 Accounts Delinquent: (%) ($)
-------------------- ----- --------------
Trust PFA 416,733,333.33 30 - 59 days 1.75% 71,896,069.42
Ending Portfolio Principal Balance 3,964,059,975.81 60 - 89 days 1.12% 46,098,300.64
90 days + 2.34% 96,274,027.29
Beginning Excess Funding Acct Bal 0.00 Total 30 days + 5.21% 214,268,397.35
Required Excess Funding Account Deposit 0.00
Excess Funding Account Withdrawal 0.00
Seller's Participation Amt (w/o EFA) 690,793,309.14 Gross Credit Losses 12.17% 40,133,836.05
Required Seller's Interest 198,202,998.79 Net Credit Losses 11.77% 38,812,214.68
Required Excess Funding Account Balance 0.00 Discount Option Receivables 0
Seller's Participation Amount 690,793,309.14 Discount Percentage 0.00%
Seller's Interest Percentage 17.43% Finance Charge Billed - pool 53,603,266.31
Fees Billed - pool 10,443,200.25
Fraud Losses reassigned to the Seller 0.00 Interest Earned on Collection Account 2,415,620.63
Required Principal Balance 3,860,000,000.00
EFA + Receivables + PFA 4,380,793,309.14
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