<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                        --------------------------------
                                    FORM 10-K

                        FOR ANNUAL AND TRANSITION REPORTS
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

(Mark One)

  X               ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
-----             OF THE SECURITIES EXCHANGE ACT OF 1934.

For the Fiscal Year Ended:          December 31, 2002

                                       OR

                  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
-----             OF THE SECURITIES EXCHANGE ACT OF 1934.

For the transition period from _____ to _____

                 Commission file numbers 333-04607 and 333-84400

                Chase Credit Card Master Trust (formerly known as
                "Chemical Master Credit Card Trust I") (issuer)
           Chase Manhattan Bank USA, National Association (depositor)
             (Exact name of registrant as specified in its charter)


<TABLE>
<S>                                                                     <C>
USA                                                                     22-2382028
(State or Other Jurisdiction of Incorporation or Organization)          (IRS Employer Identification Number)
</TABLE>

White Clay Center, Building 200, Newark, DE                   19711
(Address of principal executive offices)                      (Zip Code)


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


<PAGE>

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class                    Name of Each Exchange of Which Registered
      NONE                                               N/A

Securities registered pursuant to Section 12(g) of the Act:

         The following Chase Credit Card Master Trust Asset-Backed Certificates:

                  Series 1996-2,Class A and Class B
                  Series 1996-3, Class A and Class B
                  Series 1996-4, Class A and Class B
                  Series 1997-1, Class A and Class B
                  Series 1998-3, Class A and Class B
                  Series 1998-5, Class A and Class B
                  Series 1999-1, Class A and Class B
                  Series 1999-2, Class A and Class B

         Indicate by 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 reports), and (2) has been
subject to such filing requirements for the last 90 days: Yes X  No
                                                             ---   ---

         Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K or any amendment to this Form 10-K. X
                                                               ---

         State the aggregate market value of the voting and non-voting common
equity held by non-affiliates of the registrants. The aggregate value shall be
computed by reference to the price at which the common equity was sold, or the
average bid and asked prices of such common equity, as of a specified date
within 60 days prior to the date of filing.

         The registrant has no voting or non-voting common equity outstanding as
         of the date of this report. The registrant is a trust that has issued
         certificates of beneficial interest in the trust assets.

                       DOCUMENTS INCORPORATED BY REFERNCE.

         List hereunder the following documents if incorporated by reference and
the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document
is incorporated: (1) any annual report to security holders; (2) any proxy or
information statement; and (3) any prospectus filed pursuant to Rule 424(b) or
(c) under the Securities Act of 1933. The listed documents should be clearly
described for identification purposes. None.


Introductory Note

         Chase Credit Card Master Trust, formerly known as Chemical Master
Credit Card Trust I (the "Trust"), was formed pursuant to a Pooling and
Servicing Agreement, as amended (the "Agreement") between JPMorgan Chase Bank
(f/k/a The Chase Manhattan Bank) (formerly known as Chemical Bank), as seller
and servicer, and an unrelated trustee (the "Trustee"). The Trust files reports
pursuant to Section 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 the 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 Credit Card Master Trust is the Issuer of Asset-Backed
Securities, Series 1996-2, Series 1996-3, Series 1996-4, Series 1997-1, Series
1998-3, Series 1998-5, Series 1999-1, Series 1999-2, Series 1999-3, Series
2000-1, Series 2000-2, Series 2000-3, Series 2001-1, Series 2001-2, Series
2001-3 , Series 2001-4, Series 2001-5, Series 2001-6, Series 2002-1, Series
2002-2, Series 2002-3, Series 2002-4, Series 2002-5, Series 2002-6, Series
2002-7 and Series 2002-8. Each of the Series 1999-3, Series 2000-1, Series
2000-2, Series 2000-3, Series 2001-1, Series 2001-2, Series 2001-3, Series
2001-4, Series 2001-5, Series 2001-6, Series 2002-1, Series 2002-2, Series
2002-3, Series 2002-4, Series 2002-5, Series 2002-6, Series 2002-7 and Series
2002-8 Certificates (the "Owner Trust Series") are held by separate owner
trusts. The Series 1995-3, Series 1995-4, Series 1997-4, Series 1997-5, and
Series 1998-6, Certificates are no longer outstanding as of the date hereof.


<PAGE>

Part I


Item 1.   Business

         Omitted.


Item 2.   Properties

         Pursuant to the Agreement, JPMorgan Chase Bank and Chase Manhattan Bank
USA, National Association have transferred to the Trust from time to time the
receivables (the "Receivables") arising in certain designated credit card
accounts.

         The aggregate Investor Default Amount for the year ended December 31,
2002 was $1,390,049,488.00. There were no Investor Charge-offs for the same
period. As of December 31, 2000, Accounts designated for the Master Trust having
an aggregate balance of $460,023,864.00, or 1.40% of all Receivables, were
delinquent 30 - 59 days; Accounts having an aggregate balance of
$349,794,290.00, or 1.07% of all Receivables, were delinquent 60 - 89 days; and
Accounts having an aggregate balance of $662,677,561.00, or 2.02% of all
Receivables, were delinquent 90 days or more.


Item 3.   Legal Proceedings

         The registrant knows of no material pending legal proceedings with
respect to the Trust, the Trustee, JPMorgan Chase Bank or Chase Manhattan Bank
USA, National Association.


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.


<PAGE>

Part II


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

         To the knowledge of the registrant, the Certificates (other than the
Owner Trust Series) are traded in the over-the-counter market to a limited
extent.

         As of December 31, 2002, all of the Certificates (other than the Owner
Trust Series) were registered in the name of CEDE and Co. The registrant
understands that CEDE and Co. is the nominee for the Depository Trust Company
("DTC"). The registrant further understands that DTC has no knowledge of the
actual beneficial owners of such Certificates held of record by CEDE & Co., and
that DTC knows only the identity of the participants to whose accounts such
Certificates are credited, who may or may not be the beneficial owners of such
Certificates. The Commission has concurred with the registrant's position that
the registrant may consider holders of interests in the DTC System or DTC
participants to be "holders of record" and the following information is
presented on that basis:

         Series                                      No. of Holders
        ---------                                 ------------------
         1996-2                                      51
         1996-3                                      35
         1996-4                                      0
         1997-1                                      0
         1998-3                                      0
         1998-5                                      0
         1999-1                                      0
         1999-2                                      0
         1999-3                                      1
         2000-1                                      1
         2000-2                                      1
         2000-3                                      1
         2001-1                                      1
         2001-2                                      1
         2001-3                                      1
         2001-4                                      1
         2001-5                                      1
         2001-6                                      1
         2002-1                                      1
         2002-2                                      1
         2002-3                                      1
         2002-4                                      1
         2002-5                                      1
         2002-6                                      1
         2002-7                                      1
         2002-8                                      1

Item 6.   Selected Financial Data

         Omitted.


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

         Omitted.

Item 7A.  Quantitative and Qualitative Disclosures About Market Risk

         Not applicable.


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

         The records of DTC indicate that as of December 31, 2002, there were
the following holders of record with more than 5% of each class of Certificates:

<TABLE>
<CAPTION>
                                                                          Original Certificate
Series/Class             Name & Address of Participant                        Principal Balance           % of Class
<S>                     <C>                                                      <C>                     <C>
Series 1996-2            Boston Safe Deposit and Trust Company                     $68,861,650             12.52%
Class A                  525 William Penn Place, Suite 3148
                         Pittsburgh, PA  15259

                         DBTC Americas/Suntrust Portfolio                         $138,885,000             25.25%
                         14 Wall Street
                         New York, NY  10005

                         JPMorgan Chase Bank                                      $126,595,000             23.02%
                         Proxy/Class Actions/Bankruptcy
                         14201 Dallas Pkwy
                         Dallas, TX  75254

                         The Northern Trust Company                                $28,741,160              5.23%
                         801 S. Canal C-IN
                         Chicago, IL  60607

                         State Street Bank and Trust Company                       $43,376,030              7.89%
                         1776 Heritage Dr.
                         Global Corporate Action Unit JAB 5NW
                         No. Quincy, MA 02171

Series 1996-2            The Bank of New York                                      $11,000,000             35.20%
Class B                  One Wall Street
                         New York, NY  10286

                         JPMorgan Chase Bank                                       $15,250,000             48.80%
                         Proxy/Class Actions/Bankruptcy
                         14201 Dallas Pkwy
                         Dallas, TX  75254

                         Salomon Smith Barney Inc./Salomon Brothers                 $5,000,000             16.00%
                         333 W 34th Street, 3rd Floor
                         New York, NY  10001

Series 1996-3            The Bank of New York                                      $85,035,000             20.64%
Class A                  One Wall Street
                         New York, NY  10286

                         Citibank, N.A.                                            $27,194,000              6.60%
                         3800 Citibank Center B3-15
                         Tampa, FL  33610

                         Deutsche Bank Trust Company Americas                      $54,955,000             13.34%
                         648 Grassmere Park Road
                         Nashville, TN  37211

                         JPMorgan Chase Bank                                      $160,354,000             38.92%
                         Proxy/Class Actions/Bankruptcy
                         14201 Dallas Pkwy
                         Dallas, TX  75254

                         State Street Bank and Trust Company                       $46,990,000             11.41%
                         1776 Heritage Dr.
                         Global Corporate Action Unit JAB 5NW
                         No. Quincy, MA 02171

Series 1996-3            Citibank, N.A.                                            $22,408,000             95.73%
Class B                  3800 Citibank Center B3-15
                         Tampa, FL  33610

Series 1999-3            Chase Credit Card Owner Trust 1999-3                                                100%
Series 2000-1            Chase Credit Card Owner  Trust 2000-1                                               100%
Series 2000-2            Chase Credit Card Owner Trust 2000-2                                                100%
Series 2000-3            Chase Credit Card Owner Trust 2000-3                                                100%
Series 2001-1            Chase Credit Card Owner Trust 2001-1                                                100%
Series 2001-2            Chase Credit Card Owner Trust 2001-2                                                100%
Series 2001-3            Chase Credit Card Owner Trust 2001-3                                                100%
Series 2001-4            Chase Credit Card Owner Trust 2001-4                                                100%
Series 2001-5            Chase Credit Card Owner Trust 2001-5                                                100%
Series 2001-6            Chase Credit Card Owner Trust 2001-6                                                100%
Series 2002-1            Chase Credit Card Owner Trust 2002-1                                                100%
Series 2002-2            Chase Credit Card Owner Trust 2002-2                                                100%
Series 2002-3            Chase Credit Card Owner Trust 2002-3                                                100%
Series 2002-4            Chase Credit Card Owner Trust 2002-4                                                100%
Series 2002-5            Chase Credit Card Owner Trust 2002-5                                                100%
Series 2002-6            Chase Credit Card Owner Trust 2002-6                                                100%
Series 2002-7            Chase Credit Card Owner Trust 2002-7                                                100%
Series 2002-8            Chase Credit Card Owner Trust 2002-8                                                100%
</TABLE>

Item 13.  Certain Relationships and Related Transactions

         Omitted.
<PAGE>

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 Servicer's Certificate pursuant
                                    to Section 3.05 of the Agreement.

                 99.2               Management Report on Internal Controls.

                 99.3               Annual Independent Accountants Report
                                    pursuant to Section 3.06 of the Agreement.

                 99.4               Certification pursuant to Section 302 of the
                                    Sarbanes-Oxley Act of 2002.

          (b)    Reports on Form 8-K.

                 (i)    The following reports on Form 8-K were filed by the
                        registrant during the last quarter of 2002:

         Date            Items Reported     Financial Statements
         ----            --------------     --------------------
         10/01/2002      5, 7               Monthly report to certificateholders
                                            dated 9/16/2002

         10/22/2002      5, 7               Monthly report to certificateholders
                                            dated 10/15/2002

         11/15/2002      5, 7               Monthly report to certificateholders
                                            dated 11/15/2002

         12/17/2002      5, 7               Monthly report to certificateholders
                                            dated 12/16/2002

                 (ii)   Reports on Form 8-K were filed during the last quarter
                        of the prior calendar year for the following series:

                        (A)  Series 2002-6
                             October 22, 2002 in response to Item 5 and Item 7
                             (Underwriting Agreement, Supplement to the Third
                             Amended and Restated Pooling and Servicing
                             Agreement, Indenture, Trust Agreement, Deposit and
                             Administration Agreement)

                        (B)  Series 2002-7
                             December 9, 2002 in response to Item 5 and Item 7
                             (Underwriting Agreement, Supplement to the Third
                             Amended and Restated Pooling and Servicing
                             Agreement, Indenture, Trust Agreement, Deposit and
                             Administration Agreement)

                        (C)  Series 2002-8
                             December 9, 2002 in response to Item 5 and Item 7
                             (Underwriting Agreement, Supplement to the Third
                             Amended and Restated Pooling and Servicing
                             Agreement, Indenture, Trust Agreement, Deposit and
                             Administration Agreement)


<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.


Dated:  March 28, 2003

                             Chase Credit Card Master Trust

                             JPMorgan Chase Bank
                             (f/k/a The Chase Manhattan Bank), as Servicer


                             By:  /s/ Miriam K. Haimes
                             -----------------------------------
                             Name:    Miriam K. Haimes
                             Title:   Senior Vice President




                             Chase Credit Card Master Trust

                             Chase Manhattan Bank USA, National Association, as
                             Depositor


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

<PAGE>

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 Servicer's Certificate pursuant to Section 3.05
                         of the Agreement.

99.2                     Management Report on Internal Controls.

99.3                     Annual Independent Accountants Report pursuant to
                         Section 3.06 of the Agreement.

99.4                     Certification pursuant to Section 302 of the
                         Sarbanes-Oxley Act of 2002.