Material Event (Form 8-K)

Item 8.01 Other Events

On July 25, 2025 (the "Closing Date"), Chase Issuance Trust, as issuing entity, Chase Card Funding LLC, as depositor and transferor, and JPMorgan Chase Bank, National Association, as sponsor, originator, administrator and servicer, completed the securitization of approximately $1,500,000,000 of credit card receivables. The securitization consists of $1,500,000,000 Class A(2025-1) notes.

The Class A(2025-1) notes are part of a series of notes called the CHASEseries. The CHASEseries consists of Class A notes, Class B notes and Class C notes. The Class A(2025-1) notes are a tranche of the Class A notes of the CHASEseries.

JPMorgan Chase Bank, National Association services the receivables that are included in the securitization and will continue to service the accounts associated with such receivables following the securitization.

Credit Risk Retention

As of the Closing Date, the Transferor Amount or seller's interest retained by Chase Card Funding LLC was $3.73 billion and the Seller's Interest Percentage, equal to the percentage equivalent of the Transferor Amount divided by the aggregate principal amount of outstanding CHASEseries notes, was 44.70%.

Section 9 - Financial Statements and Exhibits