Exhibit 99.3

MONTHLY STATEMENT TO CERTIFICATEHOLDERS

SERIES 1996-C

CC MASTER CREDIT CARD TRUST II

(Formerly Chevy Chase Master Credit Card Trust II)


RECEIVABLES

Beginning of the Month Principal Receivables:		$2,201,680,999.90
Beginning of the Month Finance Charge Receivables:		$112,526,337.85
Beginning of the Month Discounted Receivables:		$0.00
Beginning of the Month Total Receivables:		$2,314,207,337.75

Removed Principal Receivables:		$0.00
Removed Finance Charge Receivables:		$0.00
Removed Total Receivables:		$0.00

Additional Principal Receivables:		$0.00
Additional Finance Charge Receivables:		$0.00
Additional Total Receivables:		$0.00

Discounted Receivables Generated this Period:		$0.00

End of the Month Principal Receivables:		$2,151,634,395.52
End of the Month Finance Charge Receivables:		$111,218,268.28
End of the Month Discounted Receivables:		$0.00
End of the Month Total Receivables:		$2,262,852,663.80

Special Funding Account Balance		$0.00
Aggregate Adjusted Invested Amount (all Master Trust II Series)		$28,500,000.00
End of the Month Transferor Amount		$2,123,134,395.52
End of the Month Transferor Percentage		98.68%

DELINQUENCIES AND LOSSES

End of the Month Delinquencies:

30-59 Days Delinquent		$44,246,215.65
60-89 Days Delinquent		$33,549,817.71
90+ Days Delinquent		$74,195,002.64

Total 30+ Days Delinquent		$151,991,036.00
Delinquent Percentage		6.72%

Defaulted Accounts During the Month		$13,992,831.00
Annualized Default Percentage		7.63%


Feb-2004		1996-C		Page 2


Principal Collections		$272,607,143.02
Principal Payment Rate		12.38%
Total Payment Rate		13.01%

INVESTED AMOUNTS

Class A Initial Invested Amount		$184,500,000.00
Class B Initial Invested Amount		$19,125,000.00
Class C Initial Invested Amount		$21,375,000.00

INITIAL INVESTED AMOUNT		$225,000,000.00

Class A Invested Amount		$0.00
Class B Invested Amount		$0.00
Class C Invested Amount		$28,500,000.00


INVESTED AMOUNT		$28,500,000.00

Class A Adjusted Invested Amount		$0.00
Class B Adjusted Invested Amount		$0.00
Class C Adjusted Invested Amount		$14,250,000.00

ADJUSTED INVESTED AMOUNT		$14,250,000.00

PREFUNDED AMOUNT		$0.00

FLOATING ALLOCATION PERCENTAGE		1.87%
PRINCIPAL ALLOCATION PERCENTAGE		13.63%

Class A Principal Allocation Percentage		82.00%
Class B Principal Allocation Percentage		8.50%
Class C Principal Allocation Percentage		9.50%

COLLECTIONS OF PRINCIPAL RECEIVABLES DURING THE MONTHLY PERIOD ALLOCATED TO SERIES 1996-C		$37,145,318.92

COLLECTIONS OF FINANCE CHARGE RECEIVABLES DURING THE MONTHLY PERIOD ALLOCATED TO SERIES 1996-C		$533,495.09

MONTHLY SERVICING FEE		$35,625.00

INVESTOR DEFAULT AMOUNT		$262,165.25


Feb-2004		1996-C		Page 3


CLASS A AVAILABLE FUNDS

CLASS A FLOATING ALLOCATION PERCENTAGE		0.00%

Class A Finance Charge Collections		$0.00
Other Amounts		$0.00

TOTAL CLASS A AVAILABLE FUNDS		$0.00

Class A Monthly Interest		$0.00
Class A Servicing Fee		$0.00
Class A Investor Default Amount		$0.00

TOTAL CLASS A EXCESS SPREAD		$0.00

CLASS A REQUIRED AMOUNT		$0.00

CLASS B AVAILABLE FUNDS

CLASS B FLOATING ALLOCATION PERCENTAGE		30.91%

Class B Finance Charge Collections		$182,484.69
Other Amounts		$0.00

TOTAL CLASS B AVAILABLE FUNDS		$182,484.69

Class B Monthly Interest		$0.00
Class B Servicing Fee		$0.00

TOTAL CLASS B EXCESS SPREAD		$182,484.69
CLASS B INVESTOR DEFAULT AMOUNT		$81,032.89
CLASS B REQUIRED AMOUNT		$81,032.89

CLASS C FLOATING ALLOCATION PERCENTAGE		69.09%

CLASS C MONTHLY SERVICING FEE		$35,625.00


Feb-2004		1996-C		Page 4


EXCESS SPREAD

TOTAL EXCESS SPREAD		$551,081.30

Excess Spread Applied to Class A Required Amount		$0.00

Excess Spread Applied to Class A Investor Charge Offs		$0.00

Excess Spread Applied to Class B Required Amount		$81,032.89

Excess Spread Applied to Reductions of Class B Invested Amount		$0.00

Excess Spread Applied to Class C Required Amount		$224,830.98

Excess Spread Applied to Reductions of Class C Invested Amount		$0.00

Excess Spread Applied to Monthly Cash Collateral Fee		$5,937.50

Excess Spread Applied to Cash Collateral Account		$0.00

Excess Spread Applied to Spread Account		$0.00

Excess Spread Applied to Reserve Account		$0.00

Excess Spread Applied to other amounts owed to Cash Collateral Depositor		$0.00

Excess Spread Applied to other amounts owed to Spread Account Residual Interest Holders		$0.00

TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE FOR GROUP I		$239,279.93


Feb-2004		1996-C		Page 5


EXCESS FINANCE CHARGE COLLECTIONS—GROUP I

TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES IN GROUP I		$239,279.93

SERIES 1996-C EXCESS FINANCE CHARGE COLLECTIONS

EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO SERIES 1996-C
Excess Finance Charge Collections applied to Class A Required Amount		$0.00
Excess Finance Charge Collections applied to Class A Investor Charge Offs		$0.00
Excess Finance Charge Collections applied to Class B Required Amount		$0.00
Excess Finance Charge Collections applied to Reductions of Class B Invested Amount		$0.00
Excess Finance Charge Collections applied to Class C Required Amount		$0.00
Excess Finance Charge Collections applied to Reductions of Class C Invested Amount		$0.00
Excess Finance Charge Collections applied to Monthly Cash Collateral Fee		$0.00
Excess Finance Charge Collections applied to other amounts owed Cash Collateral Depositor		$0.00
Excess Finance Charge Collections applied to other amounts owed to Spread Account Residual Interest Holders		$0.00

YIELD AND BASE RATE

Base Rate (Current Month)		3.84%
Base Rate (Prior Month)		3.48%
Base Rate (Two Months Ago)		3.90%

THREE MONTH AVERAGE BASE RATE		3.74%

Portfolio Yield (Current Month)		7.21%
Portfolio Yield (Prior Month)		7.55%
Portfolio Yield (Two Months Ago)		2.45%

THREE MONTH AVERAGE PORTFOLIO YIELD		5.74%


Feb-2004		1996-C		Page 6


PRINCIPAL COLLECTIONS

TOTAL PRINCIPAL COLLECTIONS		$37,145,318.92

INVESTOR DEFAULT AMOUNT		$262,165.25

REALLOCATED PRINCIPAL COLLECTIONS
Allocable to Class C Interests		$0.00
Allocable to Class B Certificates		$0.00

SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER SERIES		$0.00

CLASS A SCHEDULED ACCUMULATION—
Controlled Accumulation Amount		$0.00
Deficit Controlled Accumulation Amount		$0.00
CONTROLLED DEPOSIT AMOUNT		$0.00

CLASS B SCHEDULED ACCUMULATION—
Controlled Accumulation Amount		$0.00
Deficit Controlled Accumulation Amount		$0.00
CONTROLLED DEPOSIT AMOUNT		$0.00

EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR
PRINCIPAL SHARING		$23,157,484.17

INVESTOR CHARGE OFFS

CLASS A INVESTOR CHARGE OFFS		$0.00
CLASS B INVESTOR CHARGE OFFS		$0.00
CLASS C INVESTOR CHARGE OFFS		$0.00

PREVIOUS CLASS A CHARGE OFFS REIMBURSED		$0.00
PREVIOUS CLASS B REDUCTIONS REIMBURSED		$0.00
PREVIOUS CLASS C REDUCTIONS REIMBURSED		$0.00

CASH COLLATERAL ACCOUNT
Required Cash Collateral Amount		$3,000,000.00
Available Cash Collateral Amount		$3,000,000.00

TOTAL DRAW AMOUNT		$0.00
CASH COLLATERAL ACCOUNT SURPLUS		$0.00


Bank One, Delaware, National Association (Formerly First USA Bank, National Association) as Servicer

	By:	/s/ RANDY J. REDCAY
		Randy J. Redcay First Vice President

CC MASTER CREDIT CARD TRUST II 8-K