DBRS Discontinues Ratings of Master Credit Card Trust, Series 2006-1

DBRS has today discontinued the ratings of the Series 2006-1 Class A, Class B and Class C Credit Card Receivables-Backed Notes (collectively, the Notes) issued by Master Credit Card Trust, as the Notes were fully repaid on November 23, 2009.

Notes:

The applicable methodology is DBRS Criteria for Canadian Credit Card Securitization, which can be found on our website under Methodologies.

This is a Structured Finance rating.

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
25-Nov-09	Credit Card Receivables-Backed Notes, Series 2006-1, Class A	Discontinued	--	Disc.-Repaid	CA
25-Nov-09	Credit Card Receivables-Backed Notes, Series 2006-1, Class B	Discontinued	--	Disc.-Repaid	CA
25-Nov-09	Credit Card Receivables-Backed Notes, Series 2006-1, Class C	Discontinued	--	Disc.-Repaid	CA

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Master Credit Card Trust

Credit Card Receivables-Backed Notes, Series 2006-1, Class A

Date Issued:Nov 25, 2009
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

Credit Card Receivables-Backed Notes, Series 2006-1, Class B

Date Issued:Nov 25, 2009
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

Credit Card Receivables-Backed Notes, Series 2006-1, Class C

Date Issued:Nov 25, 2009
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.

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