<PAGE>

                                                                  Exhibit 99.6

[LETTERHEAD]


                  Report of Independent Accountants

Dayton Hudson Corporation,
its Officers and Directors
       and
Dayton Hudson Receivables Corporation,
its Officers and Directors
As Transferor
       and
Retailers National Bank,
its Officers and Directors
As Servicer
       and
Norwest Bank, National Association
As Trustee

At your request, we have applied certain agreed-upon procedures, described
below, agreed to by Dayton Hudson Corporation ("the Company"), Dayton Hudson
Receivables Corporation, as Transferor, and Retailers National Bank, as
Servicer, each of their respective Officers and Directors, and Norwest Bank,
National Association, as Trustee to the Monthly Certificateholders'
Statements ("the Statements"), issued pursuant to the Dayton Hudson Credit
Card Master Trust Pooling and Servicing Agreement ("the Pooling and Servicing
Agreement") dated September 13, 1995, for Series 1995-1 to each of the monthly
reporting periods from January 1998 through September 1998. An example of a
Statement is provided as Attachment I. The specific procedures performed on
each of the Statements are cross-referenced to Attachment I for each item or
group of items. Only those items with balances on Statements were
cross-referenced. Our procedures were applied as indicated with respect to
the letters explained below:

  A. Compared amounts to the Dayton Hudson Credit Card Master Trust
     Prospectus Supplement, for Series 1995-1 dated September 6, 1995 ("the
     Prospectus Supplement") and found them to be in agreement.

  B. Compared the dollar and other amounts not derived directly from the
     Prospectus Supplement to amounts in the Company's accounting records to
     the extent such amounts could be so compared directly and found them to
     be in agreement. Examples of those accounting records used are listed
     below.

<PAGE>

                                     -2-

  C. Compared the dollar and other amounts not derived directly from the
     Prospectus Supplement, or that could not be compared directly to the
     Company's accounting records, to amounts within the Monthly
     Certificateholders' Statement and found them to be in agreement.

  D. Proved the arithmetic accuracy of the percentages or amounts based on
     the data in the above mentioned Prospectus Supplement and accounting
     records.

Accounting records for purposes of this letter include the following reports
or records: Data Summary Sheet; Breakout of Finance Charge Receivable and
Principal Receivable; Finance Charge Receivable Payments as a Percentage of
Total Monthly Payments; Receivable Aging by Dollar Balance; Month End
Accounts Receivable Aging Summary Reports; Purified Net Write-Off Reports;
Monthly Sales Returns; Credits and Adjustments Reports; Bank Sales Reports;
Account Totals by Delinquency Level Reports; Geographic Distribution of
Accounts and Receivables Reports; Miscellaneous Payment Instructions Report;
and Monthly Collection Account Earnings. All Monthly Reports are generated
by management of Dayton Hudson Corporation or Retailers National Bank.

There were no findings noted as a result of our procedures performed.

We were not engaged to, and did not perform an audit, the objective of which
would be the expression of an opinion on the Monthly Certificateholders'
Statements. Accordingly, we do not express such an opinion. Had we performed
additional procedures, other matters might have come to our attention that
would have been reported to you.

This report is intended solely for the use of the specified users listed
above and should not be used by those who have not agreed to the procedures
and taken responsibility for the sufficiency of the procedures for their
purposes.

                                            Very truly yours,

                                            /s/ Ernst & Young LLP

January 26, 1999





<PAGE>

                                                                   Attachment I

                   MONTHLY CERTIFICATEHOLDERS' STATEMENT
                         RETAILERS NATIONAL BANK
                   DAYTON HUDSON CREDIT CARD MASTER TRUST
                              SERIES 1995-1

Pursuant to the Pooling and Servicing Agreement, dated as of September 13,
1995 (as may be amended, from time to time, the "Agreement"), as supplemented
by the Series 1995-1 Supplement (as amended and Supplemented, the "Series
Supplement"), each among Retailers National Bank, as Servicer, Dayton Hudson
Receivables Corporation, as Transferor, and Norwest Bank Minnesota, National
Association, as Trustee, the Servicer is required to prepare certain
information each month regarding distributions to Certificateholders and the
performance of the Trust. The information with respect to the applicable
Distribution Date and Monthly Period is set forth below.

<TABLE>
<CAPTION>
                                             MONTHLY PERIOD:       SEPTEMBER 1998
                                             DISTRIBUTION DATE:    OCTOBER 26, 1998
                                             NO. OF DAYS IN PERIOD 35
--------------------------------------------------------------------------------------------------------
<S>                                                                 <C>                  <C>
A. ORIGINAL DEAL PARAMETERS

(a) Class A Initial Invested Amount                           |- >  $  400,000,000.00    76.50% < -|
(b) Class B Initial Invested Amount                           |- >     122,875,817.00    23.50% < -|
                                                              |     -----------------              |--[D]
(c) Total Initial Invested Amount                             |     $  522,875,817.00    < --------|
                                                              |     -----------------
                                                         [A]--|     -----------------
                                                              |
(d) Class A Certificate Rate                                  |-------------- > 6.10%
(e) Class B Certificate Rate                                  |                 0.00%
                                                              |
(f) Servicing Fee Rate                                        |-------------- > 2.00%
(g) Discount Percentage                                                         0.00%
--------------------------------------------------------------------------------------------------------

I. RECEIVABLES IN THE TRUST
--------------------------------------------------------------------------------------------------------
(a) Beginning of the Period Principal Receivables             |- > $ 2,113,175,445.61
(b) Beginning of the Period Finance Charge Receivables        |- >      80,917,020.89
(c) Beginning of the Period Discounted Receivables            |                    -
                                                              |    ------------------
(d) Beginning of the Period Total Receivables (a + b + c)     |    $ 2,194,092,466.50    < --------|
                                                              |    ------------------              |
                                                              |    ------------------              |
                                                              |                                    |
(e) Removed Principal Receivables                             |     $             -                |
(f) Removed Finance Charge Receivables                   [B]--|                   -                |
                                                              |     -----------------              |
(g) Removed Total Receivables (e + f)                         |     $             -                |--[D]
                                                              |     =================              |
                                                              |                                    |
(h) Supplemental Principal Receivables                        |     $             -                |
(i) Supplemental Finance Charge Receivables                   |                   -                |
                                                              |     -----------------              |
(j) Supplemental Total Receivables (h + i)                    |     $             -                |
                                                              |     =================              |
                                                              |                                    |
(k) End of Period Principal Receivables                       |- >  $2,100,614,129.16              |
(l) End of Period Finance Charge Receivables                  |- >      82,680,833.10              |
(m) End of Period Discounted Receivables                                          -                |
                                                                    -----------------              |
(n) End of Period Total Receivables (k + l + m)                     $2,183,294,962.26    < --------|
                                                                    =================
</TABLE>

                                Page 1 of 6

<PAGE>

                                                                   Attachment I

                   MONTHLY CERTIFICATEHOLDERS' STATEMENT
                         RETAILERS NATIONAL BANK
                   DAYTON HUDSON CREDIT CARD MASTER TRUST
                              SERIES 1995-1

II. INVESTED AMOUNTS AND ALLOCATION PERCENTAGES

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------
<S>                                                                 <C>                  <C>

(a) Class A Initial Invested Amount                           |- >  $  400,000,000.00    76.50% < -|
(b) Class B Initial Invested Amount                      [A]--|- >     122,875,817.00    23.50% < -|
                                                                    -----------------              |
(c) Total Initial Invested Amount (a + b)                     |- >  $  522,875,817.00              |
                                                              |                                    |
(d) Class A Invested Amount (a - (X.a))                       |- >  $  400,000,000.00    76.50% < -|--[D]
(e) Class B Invested Amount (b - (X.e))                       |- >     122,875,817.00    23.50% < -|
                                                              |     -----------------              |
(f) Total Invested Amount (d + e)                             |- >  $  522,875,817.00              |
                                                         [D]--|                                    |
(g) Class A Adjusted Invested Amount (a - (X.a)-(III.f))      |- >  $  133,333,333.32    52.04% < -|
(h) Class B Invested Amount (b - (X.e))                       |- >     122,875,817.00    47.96% < -|
                                                              |     -----------------
(i) Total Adjusted Invested Amount (g + h)                    |- >  $  256,209,150.32


(j) Floating Allocation Percentage                            |- >         12.12%
(k) Class A Floating Allocation Percentage                    |- >          6.31%
(l) Class B Floating Allocation Percentage                    |- >          5.81%
                                                              |
(m) Principal Allocation Percentage                      [D]--|- >         24.74%
(n) Class A Principal Allocation Percentage                   |- >         18.93%
(o) Class B Principal Allocation Percentage                   |- >          5.81%
                                                              |
(p) Servicing Fee                                             |- > $   427,015.25
(q) Investor Defaulted Amount (j * (IV.(m)))                  |- > $ 1,659,745.00


III. TRANSFEROR'S INTEREST, RETAINED INTEREST, SPECIAL FUNDING
     ACCOUNT, AND PRINCIPAL FUNDING ACCOUNT
--------------------------------------------------------------------------------------------------------
(a) Transferor's Amount (end of month)                        |- > $  895,203,153.58
(b) Required Retained Transferor Amount (end of month)   [B]--|- > $   42,012,282.58
(c) Required Principal Balance (end of month)                 |- > $1,205,410,975.58
(e) Funds on deposit in Special Funding Account
     (end of month)                                                $             -
(f) Principal on deposit in Principal Funding Account
     (beginning of month)                                          $  266,666,666.68
(g) Principal on deposit in Principal Funding Account
     (end of month)                                                $             -
</TABLE>

                                Page 2 of 6

<PAGE>

                          MONTHLY CERTIFICATEHOLDERS' STATEMENT     Attachment I
                                 RETAILERS NATIONAL BANK
                         DAYTON HUDSON CREDIT CARD MASTER TRUST
                                     SERIES 1995-1


<TABLE>
<CAPTION>

IV. PERFORMANCE SUMMARY
-----------------------------------------------------------------------------------------------------------

    COLLECTIONS:
    ------------
<S>                                                                            <C>
(a)    Collections of Principal Receivables                                                $  428,734,954.28 < -|
(b)    Collections of Finance Charge Receivables (from cardholder payments)                    43,621,112.51 < -|--[B]
(c)    Collections of Finance Charge Receivables (from merchant fees,                           6,306,932.55 < -|
       deferred billing fees, collection account interest)
(d)    Collections of Discount Option Receivables                                                       0.00
                                                                                                        ----
(e)    Total Finance Charge Collections (b + c + d)                                   |- > $   49,928,045.06
                                                                                 [D]--|    -----------------
(f)    Total Collections (a + e)                                                      |- > $  478,662,999.34
                                                                                           =================

    DELINQUENCIES AND LOSSES:
    -------------------------
(g)    2 missed payments                                                              |- > $     90,504,000
(h)    3 missed payments                                                         [B]--|- >       41,921,000
(i)    4 or more missed payments                                                      |- >       78,634,000
                                                                                            ----------------
(j)    Total delinquencies (g + h + i)                                                |- >  $   211,059,000
                                                                                      |     ================
                                                                                      |
(k)    Gross Charge-Offs during the month                                             |     $  16,270,120.23 < -|
(l)    Recoveries during the month                                               [D]--|     $   2,580,787.24 < -|--[B]
(m)    Net Charge-Offs during the month (k - l)                                       |- >  $  13,689,332.99

V.  NON-U.S. ACCOUNTS
---------------------------------------------------------------------------------------------------------

(a)    Non-US Accounts at end of month                                                |- >            94,644
(b)    as a percentage of total (a / c)                                          [B]--|                0.35% < -|--[D]
(c)    Total number of Accounts in Trust (at end of month)                            |- >        27,298,002

</TABLE>



                                          Page 3 of 6

<PAGE>


                          MONTHLY CERTIFICATEHOLDERS' STATEMENT     Attachment I
                                 RETAILERS NATIONAL BANK
                         DAYTON HUDSON CREDIT CARD MASTER TRUST
                                    SERIES 1995-1


<TABLE>
<CAPTION>


VI. AVAILABLE SERIES 1995-1 FINANCE CHARGE COLLECTIONS AND APPLICATION OF FUNDS
-----------------------------------------------------------------------------------------------------------

<S>                                                                                                <C>

(a)    Floating Allocation Percentage of Collections of Finance Charge Receivables                 $  6,053,459.51  < -|
(b)    Investment earnings on Principal Funding Account                                                        -       |
(c)    Investment earnings in Reserve Account deposited in the Collection Account                              -       |
(d)    Reserve draw Amount deposited into the Collection Account                                               -       |
                                                                                                   ---------------     |
(e)    Available Series 1995-1 Finance Charge Collections (a + b + c + d)                          $  6,053,459.51  < -|--[D]
                                                                                                                       |
(i)    Class A Interest                                                                                        -    < -|

(ii)   Servicing Fee                                                                    [C]--|- >       427,015.25

(iii)  Class A Investor Defaulted Amount ((IV.m*(II.k))                                      |- >       863,744.85
                                                                                             |
(iv)   Class B Investor Defaulted Amount ((IV.m*(II.l))                                      |- >       796,000.15
                                                                                             |
(v)    Adjustment Payment Shortfalls                                                         |                 -
                                                                                             |
(vi)   Reimbursement of Class A Investor Charge-Offs                                         |                 -
                                                                                             |
(vii)  Reimbursement of Class B Investor Charge-Offs                                    [D]--|                 -
       and Reallocated Class B Principal Collections                                         |
                                                                                             |
(viii) Class B Interest                                                                      |                 -
                                                                                             |
(ix)   Reserve Account                                                                       |                 -
                                                                                             |
(x)    Excess Finance Charge Collections                                                     |- >  $  3,966,699.27
          (e-i-ii-iii-iv-v-vi-vii-viii-ix)

</TABLE>




                                          Page 4 of 6

<PAGE>

                                                                   Attachment I

                   MONTHLY CERTIFICATEHOLDERS' STATEMENT
                         RETAILERS NATIONAL BANK
                   DAYTON HUDSON CREDIT CARD MASTER TRUST
                              SERIES 1995-1

<TABLE>
<CAPTION>
VII. YIELD AND BASE RATE
-----------------------------------------------------------------------------------------------
<S>                                                                 <C>
BASE RATE

(a) Base Rate (current month)                                      |- >   5.65%
(b) Base Rate (prior month)                                        |      6.16%  < -|
(c) Base Rate (2 months ago)                                       |      6.67%  < -|
                                                                   |                |
(d) 3 Month Average Base Rate                                 [D]--|- >   6.16%     |
                                                                   |                |
PORTFOLIO YIELD                                                    |                |--[B]
                                                                   |                |
(e) Portfolio Yield (current month)                                |- >   8.64%     |
(f) Portfolio Yield (prior month)                                  |     20.54%  < -|
(g) Portfolio Yield (2 months ago)                                 |     23.31%  < -|
                                                                   |
(h) 3 Month Average Portfolio Yield                                |- >  17.50%

VIII. PORTFOLIO PERFORMANCE RATES
-----------------------------------------------------------------------------------------------
(a) Net Charge-Offs (annualized % of Principal Receivables
    at beginning of period)                                        |- >   6.66%
(b) Monthly Payment Rate (% of Principal Receivables at            |
    beginning of period (adjusted for number of days in period))   |- >  19.42%
(c) Trust Portfolio Yield (annualized)                             |- >  24.30%
(d) Portfolio Yield (3 month average (annualized))            [D]--|- >  17.50%
(e) Base Rate (3 month average)                                    |- >   6.16%
(f) Excess Finance Charge Collections % (d - e)                    |- >  11.34%

</TABLE>

                                Page 5 of 6

<PAGE>

                                                                   Attachment I

                   MONTHLY CERTIFICATEHOLDERS' STATEMENT
                         RETAILERS NATIONAL BANK
                   DAYTON HUDSON CREDIT CARD MASTER TRUST
                              SERIES 1995-1

<TABLE>
<CAPTION>
IX. PRINCIPAL COLLECTIONS
--------------------------------------------------------------------------------------------------------------
<S>                                                                                  <C>
(a) Class A Principal Allocation Percentage                                     |- >           18.93%
(b) Class A Principal                                                      [D]--|    $           -
(c) Class B Principal Allocation Percentage                                     |- >            5.81%
(d) Class B Principal                                                                $           -
(e) Total Principal (b + d)                                                          $           -

(f) Reallocated Principal Collections                                                $           -
(g) Shared Principal Collections allocable from other Series and Participation       $           -


X. INVESTOR CHARGE-OFFS
--------------------------------------------------------------------------------------------------------------
    CLASS A INVESTOR CHARGE-OFFS
(a) Class A Investor Charge-Offs                                                     $           -
(b) Class A Investor Charge-Offs per $1,000 original certificate principal amount    $           -
(c) Total amount reimbursed in respect of Class A Investor Charge-Offs               $           -
(d) The amount, if any, by which the outstanding principal balance of the Class      $           -
    A Certificates exceeds the Class A Invested Amount after giving effect to all
    transactions on such Distribution Date.

    CLASS B INVESTOR CHARGE-OFFS
(e) Class B Investor Charge-Offs                                                     $           -
(f) Class B Investor Charge-Offs per $1,000 original certificate principal amount    $           -
(g) Total amount reimbursed in respect of Class B Investor Charge-Offs               $           -
(h) The amount, if any, by which the outstanding principal balance of the Class      $           -
    B Certificates exceeds the Class B Invested Amount after giving effect to all
    transactions on such Distribution Date.

XI. AMORTIZATION
--------------------------------------------------------------------------------------------------------------

(a) Class A Accumulation Period Length (months)                            [A]--|- >               3
(b) Controlled Accumulation Amount                                              |- > $133,333,333.34
(c) Deficit Controlled Accumulation Amount                                           $           -
(d) Total Principal on deposit in Principal Funding Account for the benefit of       $           -
    Class A Certificateholders (end of month)
</TABLE>


RETAILERS NATIONAL BANK,
 AS SERVICER


BY:
   -------------------------------------
   NAME: THOMAS A. SWANSON
   TITLE: VICE PRESIDENT & CASHIER

                                Page 6 of 6