secwatch.observer — SEC 8-K summary
======================================

Issuer:     Chase Card Funding LLC (—)
CIK:        0001658982
Form:       8-K
Filed at:   2026-11-10T16:57:04+00:00
Accession:  0001193125-26-454911
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 8.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Chase Issuance Trust card pool: $11.81B receivables, 0.81% delinquency, 1.65% annualized net loss
--------------------------------------------------------------------------------

- Trust Portfolio held 6,573,357 accounts and $11,807,089K of receivables at Sept 30, 2026, down from $12,850,275K at Dec 31, 2025.
- Total 30+ day delinquency was $95,091K, or 0.81% of the pool, versus 0.84% at both Dec 31, 2025 and Dec 31, 2024.
- Nine-month net losses $147,897K on an average pool balance of $11,921,197K = 1.65% annualized, vs 1.68% for FY2025 and 1.58% for FY2024.
- Annualized yield from finance charges, fees and interchange was 24.44% (vs 24.37% FY2025); monthly average principal payment rate rose to 51.58% from 50.21%.
- FICO sample: 79.79% of receivables scored 720+, 1.63% below 600; in Sept 2026, 33.47% of accounts paid in full and 2.59% paid only the minimum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1658982/000119312526454911/0001193125-26-454911-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/869090/000119312526454911/d185854d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-454911

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer