FNMNT Yields

FNMNT Home | Delinquencies | Charge-offs | Finance Charge Yield | Payment Rate

Net Finance Charge and Fee Yield By Vintage Segment as of 12/31

	As of 03/31	Performance Year
	2008	2007	2006	2005	2004	2003	2002	2001
2008 Originations
2007 Originations	6.17%	1.37%
2006 Originations	11.09%	5.37%	3.78%
2005 Originations	15.22%	14.25%	11.59%	4.40%
2004 Originations	16.60%	15.57%	14.43%	10.42%
2003 Originations	16.56%	16.68%	15.73%	14.35%	10.40%	6.02%
2002 Originations	16.08%	16.75%	16.23%	14.11%	11.11%	7.71%	6.34%
2001 Originations	16.69%	17.50%	16.79%	13.81%	10.51%	7.26%	4.03%
2000 Originations	18.42%	19.28%	18.77%	15.14%	11.47%	7.83%	6.44%
Pre 2000 Originations	18.08%	18.78%	18.46%	15.63%	12.17%	9.49%	8.08%	7.01%

Billed finance charge and fee yield percentage for each vintage segment is calculated by dividing the total amount of billed finance charge and fees for the segment by the total credit card receivables for each vintage segment.

Total amount of billed finance charges and fees for any vintage segment is the periodic finance charges and other fees posted to each cardholder's account during each performance year less amounts that reversed due to dispute, consolidation or return.

Historical data as presented in prospectuses for FNMNT is calculated using the prior month principal receivables outstanding instead of the end of vintage segment total receivables as defined above. Therefore, the historical data presented in FNMNT prospectuses and the static pool data above are not directly comparable.

The static pool information includes data for accounts from (i) the beginning of the year in which the account is added to FNMNT if the account was originated in a prior year or (ii) the date of origination of the account if the account is added to FNMNT during the year it was originated. Historical data as presented in prospectuses for FNMNT includes data for accounts from the beginning of the month they are added to FNMNT. Therefore, the historical data presented in FNMNT prospectuses and the static pool data are not directly comparable with respect to this data.