SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                               ------------------

                                    FORM 10-K

                                 ANNUAL REPORT


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



                    CHASE MANHATTAN CREDIT CARD MASTER TRUST
                    ----------------------------------------
                          (Exact name of registrant as
                            specified in its charter)


                 CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
              (formerly known as "The Chase Manhattan Bank (USA)")
                             (Sponsor of the Trust)



       United States         33-40006                22-2382028
                             33-45135
                             33-91504
      ---------------     -----------------       ------------------
      (State or other      (Commission             (IRS Employer
      jurisdiction of      File Number)           Identification No.)
      incorporation)


      802 Delaware Avenue, Wilmington, Delaware            19801
      ------------------------------------------          ----------
      (Address of principal executive offices)          (Zip code)


Registrant's telephone number, including area code: (302) 575-5050

Securities registered pursuant to Section 12(b) of the Act:  None.
Securities registered pursuant to Section 12(g) of the Act:  None

Indicate  by a check  mark  whether  the  registrant  (1) has filed all  reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant  was required to file such  reports) and (2) has been subject to such
filing requirements for the past 90 days. Yes:    No: X

The Registrant has no voting stock or class of common stock outstanding as of
the date of this report.

On March 22, 1991, the registrant was issued a no-action letter
(the "No-Action Letter") by the Commission with respect to certain of the
registrant's reporting requirements pursuant to Section 13 or 15(d) of the Act.

Registrant has not been involved in bankruptcy  proceedings during the preceding
five years.



<PAGE>


          This Annual Report on Form 10-K is filed in accordance  with a letter
dated March 22, 1991 issued by the Office of Chief Counsel, Division of
Corporation Finance of the Securities and Exchange Commission (the "Division")
stating that the Division will raise no objection if the Chase Manhattan Credit
Card Master Trust (the "Trust"), which is maintained pursuant to the Amended
and Restated Pooling and Servicing Agreement (the "Agreement") between Chase
Manhattan Bank USA, National Association (formerly known as The Chase Manhattan
Bank (USA)) (the "Bank"), as seller and servicer, and an unrelated trustee
(the "Trustee"), files reports pursuant to Sections 13, 15(d), and 16 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), in the
manner described in letters dated January 16, 1991 and March 14, 1991,
submitted to the Office of Chief Counsel on behalf of the originators of the
Trust.  Accordingly, responses to certain Items have been omitted from or
modified in this Annual Report on Form 10-K.  The Chase Manhattan Credit Card
Master Trust is the Issuer of Asset Backed Certificates, Series 1991-1,
1991-2,1992-1, 1995-1, 1995-2, 1996-1, 1996-2, 1996-3 and 1996-4.


                                     PART I

Item 1.    Business.

           Omitted.

Item 2.    Properties.

           Information regarding the Trust is included in the monthly report to
Certificateholders for the month of December 1996 filed on Form 8-K on
January 24, 1997.


Item 3.    Legal Proceedings.

           The registrant  knows of no material  pending legal  proceedings with
respect to the Trust, involving the Trust, Norwest Bank Minnesota,
National Association, (the "Indenture Trustee"),  Wilmington Trust Company
(the "Owner Trustee") or Chase Manhattan Bank USA, National Association
(the "Servicer").

Item 4.    Submission of Matters to a Vote of Security Holders.

           No matter was submitted to a vote of Certificateholders during the
fiscal year covered by this report.

                                       PART II

Item 5.   Market for Registrant's Common Equity and Related Stockholder Matters.

           To the knowledge of the registrant, the Certificates  are traded in
the over-the-counter market to a limited extent.

           The records of the Trust indicate that as of December 31, 1996, there
was one Certificateholder of record.

Item 6.    Selected Financial Data.

           Omitted.

Item 7.    Management's Discussion and Analysis of
           Financial Condition and Results of Operations.

           Omitted.

Item 8.    Financial Statements and Supplementary Data.

           Omitted.

Item 9.    Changes in and Disagreements with Accountants on
           Accounting and Financial Disclosure.

           None.

<PAGE>

                                      PART III


Item 10.   Directors and Executive Officers of the Registrant.

           Omitted.

Item 11.   Executive Compensation.

           Omitted.

Item 12.   Security Ownership of Certain Beneficial Owners and
           Management.

           As of December 31, 1996, the numbers of Certificateholders of record
holding more than 5% of each of the Series of Asset Backed Certificates are
as follows:

          Series        class        number of 5% holders
          ------        -----        --------------------

          1991-1                             0
          1991-2                             0
          1992-1                             4

          1995-1:       A                    5
                        B                    1

          1995-2:       A                    5
                        B                    3

          1996-1:       A                    6
                        B                    2

          1996-2:       A                    2
                        B                    1

          1996-3:       A                    6
                        B                    1

          1996-4:       A                    6
                        B                    2

Item 13.   Certain Relationships and Related Transactions.

           Omitted.

                                       PART IV


Item 14.   Exhibits, Financial Statement Schedules, and
           Reports of Form 8-K.

           (a) The  following  documents are filed as part of this Annual Report
on Form 10-K:

Exhibit Number                            Description
--------------                            -----------

    99.1                           Annual Statement of Compliance for the year
                                   ended December 31, 1996.

    99.2                           Annual  Independent Public Accountant's
                                   Servicing Statement for the year ended
                                   December 31, 1996.

      (b), (c), (d) Omitted.


<PAGE>


                                     SIGNATURES


                Pursuant  to the requirements  of  Section  13 or  15(d) 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

Date:  March 28, 1997

                                        CHASE MANHATTAN BANK USA,
                                        NATIONAL ASSOCIATION



                                        By:    /s/ Keith Schuck
                                        Name:  Keith Schuck
                                        Title: Vice President



SUPPLEMENTAL  INFORMATION  TO BE FURNISHED  WITH REPORTS  FILED  PURSUANT TO
SECTION 15(D) OF THE ACT BY  REGISTRANTS  WHICH HAVE NOT REGISTERED
SECURITIES  PURSUANT TO SECTION 12 OF THE ACT.

No annual  report, proxy  statement,  form of proxy or other  proxy  soliciting
material has been sent to  Certificateholders  during the period covered by this
Annual  Report on Form 10-K and the  registrant  does not intend to furnish such
materials to Certificateholders subsequent to the filing of this report.


<PAGE>




                                   INDEX TO EXHIBITS
                                   -----------------



         Exhibit Number                  Description
         --------------                  -----------


              99.1             Annual Statement of Compliance for
                               the year ended December 31, 1996.

              99.2             Annual Independent Public
                               Accountant's Servicing Statement
                               for the year ended December 31, 1996.


<PAGE>

                                                                  Exhibit 99.1
                                                                  ------------

              THE CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION

            _____________________________________________________

                   Chase Manhattan Credit Card Master Trust

            _____________________________________________________

            The  undersigned,  a duly authorized  representative  of The Chase
Manhattan Bank USA, National  Association  ("Chase"),  as Servicer pursuant to
the Amended and Restated  Pooling and Servicing  Agreement dated as of July 1,
1996 (the "Pooling and Servicing  Agreement")  by and between Chase and Yasuda
Bank and Trust  Company  (U.S.A.),  as trustee  (the  "Trustee"),  does hereby
certify that:

            1.    Chase is Servicer under the Pooling and Servicing Agreement.

            2.    The undersigned is duly  authorized  pursuant to the Pooling
      and Servicing  Agreement to execute and deliver this  Certificate to the
      Trustee.

            3.    This Certificate is delivered pursuant to Section 3.05 of
      the Pooling and Servicing Agreement.

            4.    A review of the activities of the Servicer during the
      calendar  year ended December 31, 1996 was conducted under my
      supervision.

            5.    Based on such review, the Servicer has, to the best of my
      knowledge, fully performed all its obligations under the Pooling and
      Servicing Agreement throughout such calendar year and no default in the
      performance of such obligations has occurred or is continuing except as
      set forth in paragraph 6 below.

            6.    The following is a description of each default in the
      performance of the Servicer's obligations under the provisions of the
      Pooling and Servicing Agreement including any Supplement known to me to
      have been made during the calendar year ended December 31, 1996 which
      sets forth in detail (i) the nature of each such default (ii) the
      action taken by the Servicer, if any, to remedy each such default and
      (iii) the current status of each such default:

            None.

      IN WITNESS WHEREOF, the undersigned has duly executed this certificate
this 25th day of March, 1997.

                                    /s/Keith Schuck
                                    Name:  Keith Schuck
                                    Title:  Controller

<PAGE>



                                                            Exhibit 99.2
                                                            ------------


                      Letterhead of Price Waterhouse LLP
                         1177 Avenue of the Americas
                           New York, New York 10036


                                                Telephone:  212-596-7000
                                                Facsimile:   212-596-8910

Report of Independent Accountants


March 25, 1997


To the Board of Directors of
Chase Manhattan Bank USA, N.A.


We have examined management's assertion that, as of December 31, 1996, the
Chase Manhattan Bank USA, N.A. maintained an effective system of internal
control over servicing of securitized credit card receivables, included in
the accompanying Management Report on Internal Control over Servicing of
Securitized Credit Card Receivables.

Our examination was made in accordance with standards established by the
American Institute of Certified Public Accountants and, accordingly, included
obtaining an understanding of the internal control structure over servicing
of securitized credit card receivables, testing and evaluating the design and
operating effectiveness of the internal control structure, and such other
procedures as we considered necessary in the circumstances.  We believe that
our examination provides a reasonable basis for our opinion.

Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected.  Also, projections of any
evaluation of the system of internal control over servicing of securitized
credit card receivables to future periods are subject to the risk that the
internal control structure may become inadequate because of changes in
conditions, or that the degree of compliance with the policies or procedures
may deteriorate.

In our opinion, management's assertion that, as of December 31, 1996, the
Chase Manhattan Bank USA, N.A. maintained an effective system of internal
control over servicing of securitized credit card receivables, is fairly
stated, in all material respects, based upon the criteria for effective
internal control described in "Internal Control -- Integrated Framework"
issued by the Committee of Sponsoring Organizations of the Treadway
Commission.


Signed:  Price Waterhouse LLP