Item 8.01 Other Events

On July 14, 2009, the Chase Issuance Trust, a Delaware statutory business trust (the "Issuing Entity") and Chase Bank USA, National Association (the "Bank"), completed the securitization of approximately $1,505,000,000 of credit card receivables. The securitization consists of $1,505,000,000 Class C(2009-4) notes.

The Class C(2009-4) notes are part of a series of notes called the CHASEseries. The CHASEseries will consist of Class A notes, Class B notes and Class C notes. The Class C(2009-4) notes are a tranche of the Class C notes of the CHASEseries.

The Bank services the receivables that are included in the securitization and will continue to service the accounts associated with such receivables following the securitization.

Item 9.01 Financial Statement and Exhibits.

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

(4.1) Class C(2009-4) Terms Document, dated as of July 14, 2009, among Chase Issuance Trust, as Issuing Entity and Wells Fargo Bank, National Association, as Indenture Trustee and as Collateral Agent.

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