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) ~~June 15~~May 14, ~~2007~~2008

Central Index Key Number of issuing entity: 0001004988

CHASE CREDIT CARD MASTER TRUST

(Issuer of Securities)

Central Index Key Number of depositor: 0000819975, 0000869090

CHASE BANK USA, NATIONAL ASSOCIATION

(Sponsor of the Trust)

(Exact name of registrant as specified in its charter)

(As Servicer on behalf of FIRST USA CREDIT CARD MASTER TRUST)

United States of America

000-28338-03, 333-103210

22-2382028

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(IRS Employer

Identification Number)

Laws of the United States	033-50600-01	22-2382028
White Clay Center Building 200 Route 273 Newark, Delaware	19711
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification Number)
(Address of principal executive offices)	(Zip Code)

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

302/575-5000

Registrant’s telephone number, including area code

N/A

(Former name, former address and former fiscal year, 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.

~~Pursuant~~On toMay 14, 2008, the ~~terms~~Chase ofCredit ~~related~~Card Master ~~Series~~Trust ~~Supplements~~issued to the ~~Second Amended and Restated Pooling and Servicing Agreement~~$1,500,000,000 ~~dated~~floating asrate ~~of March~~Class 14A Certificates, ~~2006~~Series ~~(together,~~2008-1 (the “~~Agreements~~Class A Certificates”), asthe ~~amended from time to time~~$102,273,000 ~~between~~floating ~~Chase~~rate ~~Bank~~Class ~~USA~~B Certificates, ~~National~~Series ~~Association~~2008-1 (~~successor~~the to“Class ~~Bank~~B ~~One,~~Certificates”) ~~Delaware,~~and ~~National Association~~the $102,273,000 ~~which~~floating inrate ~~turn~~Class ~~succeeded First~~C ~~USA Bank~~Certificates, ~~National~~Series ~~Association),~~2008-1 ~~as transferor~~ (the “~~Transferor”)~~Class ~~and~~C ~~servicer (the “Servicer~~Certificates”) and ~~The~~collectively ~~Bank~~with ~~of New York (Delaware) as trustee (~~the ~~“Trustee”),~~Class A ~~relating~~Certificates toand the ~~Asset~~Class ~~Backed~~B Certificates, ~~listed below (~~the “Certificates”). ~~issued~~The byClass A ~~First~~Certificates ~~USA~~were sold ~~Credit~~to ~~Card~~an ~~Master~~asset-backed ~~Trust~~commercial ~~(the~~paper ~~“Trust”),~~conduit ~~the~~in ~~Trustee~~reliance ~~made~~upon ~~payments~~the ~~relating~~exemption tocontained ~~the~~in ~~collections~~Section 4(2) ~~for~~of the ~~period~~Securities Act of ~~May 1~~1933, ~~through~~as ~~May 31,~~amended. ~~2007~~The ~~(the~~Class ~~“Collection Period”),~~B onCertificates ~~the~~and ~~Series~~Class C Certificates towere ~~those~~retained ~~persons~~by inChase ~~whose~~Bank ~~names~~USA, ~~the~~National Association. ~~Certificates~~Each ~~were~~Class ~~registered~~of asCertificates ofhas ~~the~~a ~~last~~legal ~~business~~final ~~day~~maturity date of ~~the~~June 15, ~~Collection Period~~2011.

Series

Original PrincipalAmount (Class A)

Original PrincipalAmount (Class B)

Pooling and ServicingSupplement Date

InterestType

InterestPayment

PrincipalPayment

1997-4

500,000,000

45,180,000

June 10, 1997

Floating

Yes

1997-8

780,000,000

70,482,000

September 23, 1997

Floating

Yes

1998-6

800,000,000

72,289,000

August 27, 1998

Floating

Yes

* Interest relating to the collection period is set aside by the Trustee to fulfill quarterly interest payments on the February, May, August, and November Payment Dates

The 1997-4 Certificates, 1997-8 Certificates, and 1998-6 Certificates (collectively the “Certificates”) represent beneficial ownership of a portion (the “Investor Interest”) of certain receivables (the “Receivables”) arising in certain credit card accounts (the “Accounts”). Reference is made to the Monthly Certificateholders’ Statements of the Trust, filed as Exhibits 99.02, 99.03, and 99.04 to this report.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are filed as a part of this report:

Exhibit No.		Description
(99.01)		Excess Spread Analysis
(99.02)		Monthly Certificateholders’ Statement of the Trust which contains information relating to the Series 1997-4 Certificates
(99.03)		Monthly Certificateholders’ Statement of the Trust which contains information relating to the Series 1997-8 Certificates
(99.04)		Monthly Certificateholders’ Statement of the Trust which contains information relating to the Series 1998-6 Certificates

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 ~~Servicer~~depositor into the Chase Credit Card Master Trust By: /s/ Patricia M. Garvey Name: Patricia M. Garvey Title: Vice President

Date: ~~June 15~~May 20, ~~2007~~2008

Filing Compare · FIRST USA CREDIT CARD MASTER TRUST