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                                                                     EXHIBIT 28C


                  CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
                     First USA Bank, National Association

                         FIRST CHICAGO MASTER TRUST II
                                 Series 1995-M
                               February 12, 2001

Under the Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of June 1, 1990 as amended and restated as of September 1,
1999, by and between First USA Bank, National Association,, as Seller and
Servicer ("First USA"), and Norwest Bank Minnesota, National Association, as
Trustee, (the "Trustee"), as amended and supplemented by the Series 1995-M
Supplement dated as of April 1, 1995 by and between First USA and the Trustee,
First USA, as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Class A Certificateholders and
the performance of the First Chicago Master Trust II (the "Trust") during the
previous period. The information which is required to be prepared with respect
to the distribution on the February 15, 2001 Payment Date and with respect to
the performance of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the aggregate amounts
for the Trust as a whole. All capitalized terms used herein shall have the
respective meanings set forth in the Pooling and Servicing Agreement.

A. Information Regarding the Current Distribution (Stated on the Basis of $1,000
   Original Principal Amount)

     1. The total amount of the distribution to
        Class A Certificateholders on the Payment
        Date per $1,000 interest.                              $           5.102

     2. The amount of the distribution set forth in
        paragraph 1 above in respect of principal on
        the Class A Certificates, per $1,000 interest          $           0.000

     3. The amount of the distribution set forth in
        paragraph 1 above in respect of interest on
        the Class A Certificates, per $1,000 interest          $           5.102

B. Information Regarding the Performance of the Trust

     1. Collections of Receivables
     -----------------------------

     a. The aggregate amount of Collections of Receivables
        processed for the Due Period with respect to the
        current Distribution Date which were allocated in
        respect of the Investor Certificates of all Series     $2,303,550,148.05

     b. The aggregate amount of Collections of Receivables
        processed for the Due Period with respect to the
        current Distribution Date which were allocated in
        respect of the Series 1995-M Certificates              $  190,376,045.42

     c. The aggregate amount of Collections of Receivables
        processed for the Due Period with respect to the
        current Distribution Date which were allocated in
        respect of the Class A Certificates                    $  166,579,039.56

     d. The amount of Collections of Receivables processed
        for the Due Period with respect to the current
        Distribution Date which were allocated in respect
        of the Class A Certificates, per $1,000 interest       $         333.158

     e. The amount of Excess Spread for the Due Period with
        respect to the current Distribution Date               $    4,877,540.10

     f. The amount of Reallocated Principal Collections
        for the Due Period with respect to the current
        Distribution Date allocated in respect of the
        Class A Certificates                                   $            0.00

     g. The amount of Excess Finance Charge Collections
        allocated in respect of the Series 1995-M
        Certificates, if any                                   $            0.00
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                                                                   Series 1995-M

     h. The amount of Excess Principal Collections
        allocated in respect of the Series 1995-M
        Certificates, if any                                 $             0.00

     2. Receivables in Trust
     -----------------------

     a. Aggregate Principal Receivables for the Due
        Period with respect to the current Distribution
        Date (which reflects the Principal Receivables
        represented by the Exchangeable Seller's
        Certificate and by the Investor Certificates of
        all Series)                                          $14,948,586,259.11

     b. The amount of Principal Receivables in the
        Trust represented by the Series 1995-M
        Certificates (the "Invested Amount") for the Due
        Period with respect to the current Distribution
        Date                                                 $   571,428,572.00

     c. The amount of Principal Receivables in the
        Trust represented by the Class A Certificates
        (the "Class A Invested Amount") for the Due
        Period with respect to the current Distribution
        Date                                                 $   500,000,000.00

     d. The Invested Percentage with respect to Finance
        Charge Receivables (including Interchange) and
        Defaulted Receivables for the Series 1995-M
        Certificates for the Due Period with respect to
        the current Distribution Date                                     3.823%

     e. The Invested Percentage with respect to Principal
        Receivables for the Series 1995-M Certificates for
        the Due Period with respect to the current
        Distribution Date                                                 3.823%

     f. The Class A Floating Percentage for the Due
        Period with respect to the current Distribution
        Date                                                             87.500%

     g. The Class A Principal Percentage for the Due
        Period with respect to the current Distribution
        Date                                                             87.500%

     h. The Collateral Floating Percentage for the Due
        Period with respect to the current Distribution
        Date                                                             12.500%

     i. The Collateral Principal Percentage for the Due
        Period with respect to the current Distribution
        Date                                                             12.500%

     3. Delinquent Balances
     ----------------------

        The aggregate amount of outstanding balances in
        the Accounts which were 30 or more days delinquent
        as of the end of the Due Period for the current
        Distribution Date                                    $   710,517,966.74

     4. Investor Default Amount
     --------------------------

     a. The aggregate amount of all Defaulted Receivables
        written off as uncollectible during the Due Period
        with respect to the current Distribution Date
        allocable to the Series 1995-M Certificates (the
        "Investor Default Amount")

        1. Investor Default Amount                           $     3,489,713.40
        2. Recoveries                                        $       100,996.13
        3. Net Default Receivables                           $     3,388,717.27
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                                                                   Series 1995-M

     b. The Class A Investor Default Amount

         1. Investor Default Amount                              $ 3,053,499.22
         2. Recoveries                                           $    88,371.61
         3. Net Default Receivables                              $ 2,965,127.61

     c. The Collateral Investor Default Amount

         1. Investor Default Amount                              $   436,214.18
         2. Recoveries                                           $    12,624.52
         3. Net Default Receivables                              $   423,589.66

     5. Investor Charge-offs.
     ------------------------

     a. The amount of the Class A Investor Charge-Offs per
        $1,000 interest after reimbursement of any such
        Class A Investor Charge-Offs for the Due Period with
        respect to the current Distribution Date                 $         0.00

     b. The amount attributable to Class A Investor
        Charge-Offs, if any, by which the principal
        balance of the Class A Certificates exceeds the
        Class A Invested Amount as of the end of the day on
        the Record Date with respect to the current
        Distribution Date                                        $         0.00

     c. The amount of the Collateral Charge-Offs,if any,
        for the Due Period with respect to the current
        Distribution Date                                        $         0.00

     6. Monthly Servicing Fee
     ------------------------

     a. The amount of the Monthly Servicing Fee payable
        from available funds by the Trust to the Servicer
        with respect to the current Distribution Date            $   119,047.62

     b. The amount of the Interchange Monthly Servicing
        Fee payable to the Servicer with respect to the
        current Distribution Date                                $   595,238.10

     7. Available Cash Collateral Amount
        --------------------------------

     a. The amount, if any, withdrawn from the Cash
        Collateral Account for the current Distribution
        Date (the "Withdrawal Amount")                           $         0.00

     b. The amount available to be withdrawn from the Cash
        Collateral Account as of the end of the day on the
        current Distribution Date, after giving effect to
        all withdrawals, deposits and payments to be made
        on such Distribution Date (the "Available Cash
        Collateral Amount" for the next Distribution Date)       $ 5,714,286.00

     c. The amount as computed in 7.b as a percentage of
        the Class A Invested Amount after giving effect to
        all reductions thereof  on the current Distribution
        Date                                                              1.143%

     8. Collateral Invested Amount
     -----------------------------

     a. The Collateral Invested Amount for the current
        Distribution Date                                        $71,428,572.00

     b. The Collateral Invested Amount after giving effect
        to all withdrawals, deposits, and payments on the
        current Distribution Date                                $71,428,572.00
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                                                                  Series  1995-M

     9. Total Enhancement
     --------------------

     a. The total Enhancement for the current Distribution
        Date                                                     $77,142,858.00

     b. The total Enhancement after giving effect to all
        withdrawals, deposits and payments on the current
        Distribution Date                                        $77,142,858.00

C. The Pool Factor
------------------

        The Pool Factor (which represents the ratio of the
        Class A Invested Amount on the last day of the
        month ending on the Record Date adjusted for Class
        A Investor Charge-Offs set forth in B.5.a above and
        for the distributions of principal set forth in A.2
        above to the Class A Initial Invested Amount). The
        amount of a Class A Certificateholder's pro rata
        share of the Class A Invested Amount can be
        determined by multiplying the original denomination
        of the holder's Class A Certificate by the Pool
        Factor                                                     100.00000000%

D. Deficit Controlled Amortization Amount
-----------------------------------------

     1. The Deficit Controlled Amortization Amount for the
        preceding Due Period                                     $         0.00
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CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
Signature Page






                                   First USA Bank, National Association
                                     as Servicer





                                   By:    /s/ Tracie Klein
                                          ----------------------------
                                          TRACIE KLEIN
                                   Title: FIRST VICE PRESIDENT