Chase Issuance Trust Files 8-K on Credit Card ABS
| Field | Detail |
|---|---|
| Company | Chase Issuance Trust |
| Form Type | 8-K |
| Filed Date | May 23, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, credit-card, filing-update
TL;DR
Chase Issuance Trust filed an 8-K for credit card ABS. Nothing major, just routine updates.
AI Summary
Chase Card Funding LLC, as servicer for Chase Issuance Trust, filed an 8-K on May 23, 2025, reporting other events and financial statements. The filing relates to asset-backed securities, specifically credit card ABS, and involves JPMorgan Chase Bank, National Association.
Why It Matters
This filing provides updates and financial information related to Chase's asset-backed securities, which are backed by credit card receivables.
Risk Assessment
Risk Level: low — The filing appears to be routine and does not indicate any significant negative events or changes for the trust.
Key Players & Entities
- CHASE ISSUANCE TRUST (company) — Filer of the 8-K
- Chase Card Funding LLC (company) — Servicer for Chase Issuance Trust
- JPMORGAN CHASE BANK, NATIONAL ASSOCIATION (company) — Related entity, likely custodian or administrator
- 20250523 (date) — Filing date of the 8-K
- Credit card (asset_class) — Asset class for the ABS
FAQ
What specific 'Other Events' are being reported in this 8-K filing?
The filing indicates 'Other Events' as an item information, but the specific details of these events are not provided in the provided text snippet.
What is the role of JPMorgan Chase Bank, National Association in relation to Chase Issuance Trust?
JPMorgan Chase Bank, National Association is listed as a filer and is associated with the business and mail address for Chase Card Funding LLC, suggesting a custodial or administrative role.
What is the asset class of the securities involved in this filing?
The asset class is identified as 'Credit card' asset-backed securities (ABS).
When was the previous name 'BANK ONE ISSUANCE TRUST' changed to Chase Issuance Trust?
The date of the name change from BANK ONE ISSUANCE TRUST to CHASE ISSUANCE TRUST was June 4, 2002.
What is the SIC code associated with Chase Issuance Trust and Chase Card Funding LLC?
The Standard Industrial Classification (SIC) code associated with both entities is 6189, which corresponds to Asset-Backed Securities.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 23, 2025 regarding CHASE ISSUANCE TRUST.