# Exhibit 99.1

# Annual Settlement Statement

|Prime Credit Card Master Trust                                      |                                   |           |  |             |          | 25-Apr-02     
|------------------------------------------------------------------- | --------------------------------- | --------- |  | ----------- | -------- | --------------
|                                                                    |                                   |           |  |             |          | 10:49 AM      
|Settlement Statement                                                |                                   |           |  |             |          |               
|-                                                                   | -                                 | --        |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|REPORTING PERIOD:                                                   |                                   | Annual    |  |             |          |               
|                                                                    |                                   | 04-Feb-01 |  |             |          |               
|                                                                    |                                   | 02-Feb-02 |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|(i)   Collections                                                   |                                   |           |  |             |          | 4,954,659,430 
|Finance Charge                                                      |                                   |           |  |             |          | 569,615,675   
|Principal                                                           |                                   |           |  |             |          | 4,385,043,755 
|                                                                    |                                   |           |  |             |          |               
|(ii)  Investor Percentage - Principal Collections                   |                                   |           |  |             |          | 02-Feb-02     
|                                                                    |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 21.91%        
|                                                                    | A                                 |           |  |             |          | 18.41%        
|                                                                    | B                                 |           |  |             |          | 1.75%         
|                                                                    | C                                 |           |  |             |          | 1.75%         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  |             |          | 0.00%         
|                                                                    | A                                 |           |  |             |          | 0.00%         
|                                                                    | B                                 |           |  |             |          | 0.00%         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 29.90%        
|                                                                    | A                                 |           |  |             |          | 25.12%        
|                                                                    | B                                 |           |  |             |          | 2.39%         
|                                                                    | C                                 |           |  |             |          | 2.39%         
|                                                                    |                                   |           |  |             |          |               
|(iii) Investor Percentage - Finance Charge Collections, Receivables |                                   |           |  |             |          | 02-Feb-02     
|                                                                    |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 21.91%        
|                                                                    | A                                 |           |  |             |          | 18.41%        
|                                                                    | B                                 |           |  |             |          | 1.75%         
|                                                                    | C                                 |           |  |             |          | 1.75%         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  |             |          | 0.00%         
|                                                                    | A                                 |           |  |             |          | 0.00%         
|                                                                    | B                                 |           |  |             |          | 0.00%         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 29.90%        
|                                                                    | A                                 |           |  |             |          | 25.12%        
|                                                                    | B                                 |           |  |             |          | 2.39%         
|                                                                    | C                                 |           |  |             |          | 2.39%         
|                                                                    |                                   |           |  |             |          |               
|(iv)  Distribution Amount per $1,000                                |                                   |           |  |             | Annual   |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 67.000        
|                                                                    | A                                 |           |  |             |          | 67.000        
|                                                                    | B                                 |           |  |             |          | 0.000         
|                                                                    | C                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  |             |          | 856.033       
|                                                                    | A                                 |           |  |             |          | 1,037.615     
|                                                                    | B                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 67.630        
|                                                                    | A                                 |           |  |             |          | 67.500        
|                                                                    | B                                 |           |  |             |          | 69.000        
|                                                                    | C                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1996-1                     |           |  |             |          | 1,022.874     
|                                                                    | A                                 |           |  |             |          | 1,022.333     
|                                                                    | B                                 |           |  |             |          | 1,028.542     
|                                                                    | C                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Total $'s Distributed             |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 26,799,999.96 
|                                                                    | Series 1992-3                     |           |  |             |          | 379,820,691.05
|                                                                    | Series 1995-1                     |           |  |             |          | 40,443,000.00 
|                                                                    | Series 1996-1                     |           |  |             |          | 244,262,333.33
|                                                                    |                                   |           |  |             |          |               
|(v)   Allocation to Principal per $1,000                            |                                   |           |  |             | Annual   |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 0.000         
|                                                                    | A                                 |           |  |             |          | 0.000         
|                                                                    | B                                 |           |  |             |          | 0.000         
|                                                                    | C                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  |             |          | 825.00        
|                                                                    | A                                 |           |  |             |          | 1,000.00      
|                                                                    | B                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 0.000         
|                                                                    | A                                 |           |  |             |          | 0.000         
|                                                                    | B                                 |           |  |             |          | 0.000         
|                                                                    | C                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1996-1                     |           |  |             |          | 1,000.000     
|                                                                    | A                                 |           |  |             |          | 1,000.000     
|                                                                    | B                                 |           |  |             |          | 1,000.000     
|                                                                    | C                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Total $'s Distributed             |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 0.00          
|                                                                    | Series 1992-3                     |           |  |             |          | 370,242,618.34
|                                                                    | Series 1995-1                     |           |  |             |          | 0.00          
|                                                                    | Series 1996-1                     |           |  |             |          | 238,800,000.00
|                                                                    |                                   |           |  |             |          |               
|(vi) Allocation to Interest per $1,000                              |                                   |           |  |             | Annual   |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 67.000        
|                                                                    | A                                 |           |  |             |          | 67.000        
|                                                                    | B                                 |           |  |             |          | 0.000         
|                                                                    | C                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  |             |          | 31.033        
|                                                                    | A                                 |           |  |             |          | 37.615        
|                                                                    | B                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 67.630        
|                                                                    | A                                 |           |  |             |          | 67.500        
|                                                                    | B                                 |           |  |             |          | 69.000        
|                                                                    | C                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1996-1                     |           |  |             |          | 22.874        
|                                                                    | A                                 |           |  |             |          | 22.333        
|                                                                    | B                                 |           |  |             |          | 28.542        
|                                                                    | C                                 |           |  |             |          | 0.000         
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Total $'s Distributed             |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 26,799,999.96 
|                                                                    | Series 1992-3                     |           |  |             |          | 9,578,072.71  
|                                                                    | Series 1995-1                     |           |  |             |          | 40,443,000.00 
|                                                                    | Series 1996-1                     |           |  |             |          | 5,462,333.33  
|                                                                    |                                   |           |  |             |          |               
|(vii)  Investor Default Amount                                      |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 32,718,014.46 
|                                                                    | A                                 |           |  |             |          | 27,482,582.49 
|                                                                    | B                                 |           |  |             |          | 2,617,715.98  
|                                                                    | C                                 |           |  |             |          | 2,617,715.98  
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  |             |          | 21,400,444.46 
|                                                                    | A                                 |           |  |             |          | 17,655,366.68 
|                                                                    | B                                 |           |  |             |          | 3,745,077.78  
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 44,659,196.47 
|                                                                    | A                                 |           |  |             |          | 37,513,725.03 
|                                                                    | B                                 |           |  |             |          | 3,572,735.72  
|                                                                    | C                                 |           |  |             |          | 3,572,735.72  
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1996-1                     |           |  |             |          | 2,828,047.61  
|                                                                    | A                                 |           |  |             |          | 1,803,945.24  
|                                                                    | B                                 |           |  |             |          | 512,051.18    
|                                                                    | C                                 |           |  |             |          | 512,051.18    
|                                                                    |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|(viii) Investor Charge Offs                                         |                                   |           |  |             |          |               
|                                                                    |                                   |           |  | Charge Offs |          | Reimbursements
|                                                                    | Series 2000-1                     |           |  | 0.00        |          | 0.00          
|                                                                    | A                                 |           |  | 0.00        |          | 0.00          
|                                                                    | B                                 |           |  | 0.00        |          | 0.00          
|                                                                    | C                                 |           |  | 0.00        |          | 0.00          
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  | 0.00        |          | 0.00          
|                                                                    | A                                 |           |  | 0.00        |          | 0.00          
|                                                                    | B                                 |           |  | 0.00        |          | 0.00          
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  | 0.00        |          | 0.00          
|                                                                    | A                                 |           |  | 0.00        |          | 0.00          
|                                                                    | B                                 |           |  | 0.00        |          | 0.00          
|                                                                    | C                                 |           |  | 0.00        |          | 0.00          
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1996-1                     |           |  | 0.00        |          | 0.00          
|                                                                    | A                                 |           |  | 0.00        |          | 0.00          
|                                                                    | B                                 |           |  | 0.00        |          | 0.00          
|                                                                    | C                                 |           |  | 0.00        |          | 0.00          
|                                                                    |                                   |           |  |             |          |               
|(ix)  Servicing Fee                                                 |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 9,524,000.00  
|                                                                    | A                                 |           |  |             |          | 8,000,000.00  
|                                                                    | B                                 |           |  |             |          | 762,000.00    
|                                                                    | C                                 |           |  |             |          | 762,000.00    
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  |             |          | 6,080,472.26  
|                                                                    | A                                 |           |  |             |          | 5,016,389.62  
|                                                                    | B                                 |           |  |             |          | 1,064,082.65  
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 12,999,999.96 
|                                                                    | A                                 |           |  |             |          | 10,919,999.97 
|                                                                    | B                                 |           |  |             |          | 1,040,000.00  
|                                                                    | C                                 |           |  |             |          | 1,040,000.00  
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1996-1                     |           |  |             |          | 1,185,666.67  
|                                                                    | A                                 |           |  |             |          | 908,333.33    
|                                                                    | B                                 |           |  |             |          | 138,666.67    
|                                                                    | C                                 |           |  |             |          | 138,666.67    
|                                                                    |                                   |           |  |             |          |               
|(x)    Deficit Controlled Amortization Amount                       |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 0.00          
|                                                                    | A                                 |           |  |             |          | 0.00          
|                                                                    | B                                 |           |  |             |          | 0.00          
|                                                                    | C                                 |           |  |             |          | 0.00          
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  |             |          | 0.00          
|                                                                    | A                                 |           |  |             |          | 0.00          
|                                                                    | B                                 |           |  |             |          | 0.00          
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 0.00          
|                                                                    | A                                 |           |  |             |          | 0.00          
|                                                                    | B                                 |           |  |             |          | 0.00          
|                                                                    | C                                 |           |  |             |          | 0.00          
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1996-1                     |           |  |             |          | 0.00          
|                                                                    | A                                 |           |  |             |          | 0.00          
|                                                                    | B                                 |           |  |             |          | 0.00          
|                                                                    | C                                 |           |  |             |          | 0.00          
|                                                                    |                                   |           |  |             |          |               
|(xi)   Receivables in Trust                                         |                                   |           |  | 02-Feb-02   |          | 2,258,718,779 
|Principal Receivables in Trust                                      |                                   |           |  |             |          | 2,161,842,331 
|                                                                    |                                   |           |  |             |          |               
|(xii)  Invested Amount                                              |                                   |           |  | 02-Feb-02   |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | 476,200,000.00
|                                                                    | A                                 |           |  |             |          | 400,000,000.00
|                                                                    | B                                 |           |  |             |          | 38,100,000.00 
|                                                                    | C                                 |           |  |             |          | 38,100,000.00 
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1992-3                     |           |  |             |          | 0.00          
|                                                                    | A                                 |           |  |             |          | 0.00          
|                                                                    | B                                 |           |  |             |          | 0.00          
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 650,000,000.00
|                                                                    | A                                 |           |  |             |          | 546,000,000.00
|                                                                    | B                                 |           |  |             |          | 52,000,000.00 
|                                                                    | C                                 |           |  |             |          | 52,000,000.00 
|                                                                    |                                   |           |  |             |          |               
|(xiii) Enhancement                                                  |                                   |           |  |             |          | NA            
|                                                                    |                                   |           |  |             |          |               
|(xiv)  Pool Factor                                                  |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 1995-1                     |           |  |             |          | 1.0000000     
|                                                                    | A                                 |           |  |             |          | 1.0000000     
|                                                                    | B                                 |           |  |             |          | 1.0000000     
|                                                                    | C                                 |           |  |             |          | 1.0000000     
|                                                                    |                                   |           |  |             |          |               
|(xv)   Yield Factor                                                 |                                   |           |  |             |          | 10.175%       
|Finance Charge Receivables Factor                                   |                                   |           |  |             |          | 4.289%        
|                                                                    |                                   |           |  |             |          |               
|(xvi)  Payout Event                                                 |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Series 2000-1                     |           |  |             |          | NO            
|                                                                    | Series 1992-3                     |           |  |             |          | NO            
|                                                                    | Series 1995-1                     |           |  |             |          | NO            
|                                                                    |                                   |           |  |             |          |               
|(xvii) Other                                                        |                                   |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Delinquency                       |           |  |             |          |               
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Current                           |           |  |             | 86.4%    | $1,952,156,010
|                                                                    | 30 days                           |           |  |             | 7.7%     | $173,748,176  
|                                                                    | 60 days                           |           |  |             | 1.8%     | $39,834,233   
|                                                                    | 90 days                           |           |  |             | 1.1%     | $25,677,810   
|                                                                    | 120 days                          |           |  |             | 0.9%     | $19,702,927   
|                                                                    | 150 days                          |           |  |             | 0.8%     | $17,898,656   
|                                                                    | 180 days+                         |           |  |             | 1.3%     | $28,939,108   
|                                                                    | Total                             |           |  |             | 100.000% | $2,257,956,921
|                                                                    |                                   |           |  |             |          |               
|                                                                    | Balance in Principal Account      |           |  |             | 2-Feb-02 | $0            
|                                                                    | Balance in Excess-Funding Account |           |  |             | 2-Feb-02 | $0            
|                                                                    |                                   |           |  |             |          |