UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~October~~December 218, 2007

CHASE BANK USA, NATIONAL ASSOCIATION

(Sponsor, Depositor, Originator, Administrator and Servicer into the Issuing Entities described below)

FIRST USA CREDIT CARD MASTER TRUST

(Issuing Entity of the First USA Collateral Certificate)

CHASE CREDIT CARD MASTER TRUST

(Issuing Entity of the Chase Collateral Certificate)

CHASE ISSUANCE TRUST

(Issuing Entity of the Notes)

(Exact name of registrant as specified in its charter)

Laws of the United States		333-~~118423~~131327		22-2382028
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(IRS Employer Identification Number)

Chase Bank USA, National Association

White Clay Center Building 200

Route 273

Newark, Delaware

19711

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code (302) 575-5000

CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION

201 North Walnut Street, Wilmington, Delaware 19801

(Commission File Number 333-67076)

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 8 – Other Events

Item 8.01

Other Events

On ~~October~~December 218, 2007, ~~Skadden,~~pursuant ~~Arps,~~to ~~Slate,~~Assignment ~~Meagher~~No. &18 ~~Flom~~of ~~LLP~~Receivables ~~delivered~~in ~~its~~Additional ~~tax~~Accounts ~~opinion~~(the ~~with~~“Assignment ~~respect~~No. 18 toof ~~the~~Receivables ~~issuance~~in ~~and~~Additional ~~sale~~Accounts”), ofbetween ~~$475~~Chase Bank USA,~~000~~ National Association,~~000~~ ofa ~~additional~~national ~~Class~~banking Aassociation (~~2007-14~~the “Bank”) ~~CHASEseries~~and ~~Notes~~the Chase Issuance Trust, toa beDelaware ~~issued~~statutory bytrust (the ~~Chase~~“Trust”), ~~Issuance~~the Bank designated and sold accounts with an initial approximate aggregate amount of credit card receivables of $1,500,000,000 to the Trust.

~~Section~~On December 918, -2007, ~~Financial~~pursuant ~~Statements~~to Assignment No. 18 of Receivables in Additional Asset Pool One Accounts (the “Assignment No. 18 of Receivables in Additional Asset Pool One Accounts” and ~~Exhibits~~together with the Assignment No. 18 of Receivables in Additional Accounts, “Assignment No. 18”), between the Trust and Wells Fargo Bank, National Association, a national banking association, as collateral agent (the “Collateral Agent”), the Trust designated and pledged accounts with an initial approximate aggregate amount of credit card receivables of $1,500,000,000 to the Collateral Agent.

The Bank services the receivables that are included in Assignment No. 18 and will continue to service the accounts associated with such receivables following Assignment No. 18.

The management of the Bank believes that Assignment No. 18 will have no material effect on the Trust or the asset backed securities issued by the Trust.

Section 9 – Financial Statements and Exhibits

Item 9.01

Financial Statement and Exhibits.

The following ~~exhibit~~exhibits isare filed as a part of this report:

(8.1) Tax Opinion of Skadden, Arps, Slate, Meagher & Flom LLP


(10.1)		Assignment No. 18 of Receivables in Additional Accounts, dated as of December 18, 2007, by and between Chase Bank USA, National Association and Chase Issuance Trust.

(10.2)		Assignment No. 18 of Receivables in Additional Asset Pool One Accounts, dated as of December 18, 2007, by and between Chase Bank USA, National Association and Wells Fargo Bank, National Association.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


CHASE BANK USA, NATIONAL ASSOCIATION
as Sponsor, Depositor, Originator, Administrator and Servicer of the First USA Credit Card Master Trust, the Chase Credit Card Master Trust and the Chase Issuance Trust

By:		/s/ Patricia M. Garvey
Name:		Patricia M. Garvey
Title:		Vice President

Date: ~~October~~December 218, 2007

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