<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, 2000

                                       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 number 333-74303

                  Chase Credit Card Owner Trust 2000-1 (issuer)
           Chase Manhattan Bank USA, National Association (depositor)
             (Exact name of registrant as specified in its charter)


USA                                                    22-238028
(State or Other Jurisdiction of                        (IRS Employer
Incorporation or Organization)                         Identification Number)

200 White Clay Center Drive, Newark, DE                17911
(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:

      NONE
(Title of Class)

         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 REFERENCE.

         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 Owner Trust 2000-1 (the "Trust") was formed pursuant
to a Trust Agreement (the "Agreement") between Chase Manhattan Bank USA,
National Association (the "Bank"), as seller and servicer, and an unrelated
trustee (the "Trustee"). The Trust is the issuer of three classes of asset
backed notes (the "Notes") and one class of asset backed certificates (the
"Certificates"). The Trust files reports pursuant to Section 13 and 15(d) 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 with respect to Chase Credit Card Master Trust
(f/k/a "Chemical Master Credit Card Trust I"). Accordingly, responses to certain
Items have been omitted from or modified in this Annual Report on Form 10-K.


<PAGE>



Part I

Item 1.           Business

         Omitted.

Item 2.           Properties

         The Trust is the holder of the Series 2000-1 Asset Backed Certificate
issued by Chase Credit Card Master Trust, which was transferred to it by the
Bank, and certain deposit accounts.

         The aggregate Investor Default Amount for the year ended December 31,
2000 was $40,022,991.34. As of December 31, 2000, Accounts designated for the
Master Trust having an aggregate balance of $305,782,151.00, or 1.39% of all
Receivables, were delinquent 30 - 59 days; Accounts having an aggregate balance
of $241,971,574.00, or 1.10% of all Receivables, were delinquent 60 - 89 days;
and Accounts having an aggregate balance of $477,044,554.00, or 2.17% 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 or the Bank.

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

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


<PAGE>



Part II

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

         The registrant has no voting stock or class of common stock outstanding
as of the date of this report. The beneficial interest in the Trust is
represented by the Certificates and the Notes registered in name of the
registrant. To the knowledge of the registrant, the Notes are traded in the
over-the-counter market to a limited extent.

         As of December 31, 2000, all of the Certificates and the Notes 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
the Certificates and the Notes held of record by CEDE & Co., and that DTC knows
only the identity of the participants to whose accounts such Certificates and
Notes are credited, who may or may not be the beneficial owners of the
Certificates and the Notes.

         The records provided to the Trust by DTC indicate that as of December
31, 2000, the number of holders of record for each class of Notes issued by the
Trust was as follows:

         Class                               No. of Holders
         -----                               --------------
         A                                           22
         B                                           3
         C                                           4

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, 2000, there were
the following holders of record with more than 5% of each class of the
Certificates and Notes:

<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------
Chase Credit Card Owner Trust     Name & Address of Participant            Original Certificate    % Class
                                                                           Principal Balance
-------------------------------------------------------------------------------------------------------------
<S>                               <C>                                      <C>                    <C>
Series 2000-1
-------------------------------------------------------------------------------------------------------------
Class A                           Bankers Trust Company                              $48,075,000       6.41%
                                  648 Grassmere Park Drive
                                  Nashville, TN 37211
-------------------------------------------------------------------------------------------------------------
                                  Chase Manhattan Bank                               $84,915,000      11.32%
                                  4 New York Plaza, 13th Floor
                                  New York, NY 10004
-------------------------------------------------------------------------------------------------------------
                                  State Street Bank and Trust Co.                   $512,665,000      68.36%
                                  1776 Heritage Drive
                                  Global Corp. Action Unit JAB 5 NW
                                  No. Quincy, MA 02171
-------------------------------------------------------------------------------------------------------------
Class B                           Bankers Trust Company                              $27,000,000      43.20%
                                  648 Grassmere Park Drive
                                  Nashville, TN 37211
-------------------------------------------------------------------------------------------------------------
                                  Bank One Trust Company, N.A.                       $17,500,000      28.00%
                                  1900 Polaris Parkway, 4th Floor
                                  Columbus, OH 43240
-------------------------------------------------------------------------------------------------------------
                                  Chase Manhattan Bank                               $18,000,000      28.80%
                                  4 New York Plaza, 13th Floor
                                  New York, NY 10004
-------------------------------------------------------------------------------------------------------------
Class C                           Bank of New York (The)                             $28,000,000      34.84%
                                  926 Patterson Plank Rd.
                                  Secaucus, NJ 07
-------------------------------------------------------------------------------------------------------------
                                  Bankers Trust Company                              $20,357,000      25.33%
                                  648 Grassmere Park Drive
                                  Nashville, TN 37211
-------------------------------------------------------------------------------------------------------------
                                  Chase Manhattan Bank                               $17,000,000      21.16%
                                  4 New York Plaza, 13th Floor
                                  New York, NY 10004
-------------------------------------------------------------------------------------------------------------
                                  Citibank, N.A.                                     $15,000,000      18.67%
                                  3800 Citicorp Center Tampa
                                  Tampa, FL 33630-9122
-------------------------------------------------------------------------------------------------------------
</TABLE>


Item 13.          Certain Relationships and Related Transactions

         None.


<PAGE>



Part IV

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

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

<TABLE>
<CAPTION>
         Exhibit Number             Description
         --------------             ----------------
<S>                                 <C>
         99.1                       Annual Management Report on Internal Controls.

         99.2                       Annual Issuer's Certificate of Compliance with Indenture.
</TABLE>


                  (b)      Reports on Form 8-K.

         The following reports were filed on Form 8-K during the last quarter of
2000:

<TABLE>
<CAPTION>
Date                       Items Reported            Financial Statements
------------               --------------            -----------------------------
<S>                        <C>                      <C>
10/02/2000                 5, 7                      Monthly report to Noteholders
                                                     dated 9/15/2000

10/25/2000                 5, 7                      Monthly report to Noteholders
                                                     dated 10/16/2000

11/17/2000                 5, 7                      Monthly report to Noteholders
                                                     dated 11/15/2000
</TABLE>



<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 30, 2001


                             Chase Credit Card Owner Trust 2000-1

                             by: Chase Manhattan Bank USA, National Association

                             By: /s/ Patricia Garvey
                             -----------------------------------
                             Name:   Patricia 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 Noteholders during the period covered by this Annual
Report on Form 10-K and the registrant does not intend to furnish such materials
to Noteholders subsequent to the filing of this report.


<PAGE>



                                INDEX TO EXHIBITS

<TABLE>
<CAPTION>
Exhibit Number:            Description:
---------------            ------------------------
<S>                        <C>
99.1                       Annual Management Report on Internal Controls.

99.2                       Annual Issuer's Certificate of Compliance with the Indenture.
</TABLE>