EXHIBIT 99.2

 

[Letterhead of PricewaterhouseCoopers LLP]

 

Report of Independent Registered Public Accounting Firm

 

To FIA Card Services, National Association:

 

We have examined management's assertion, included in the accompanying report by management, titled "Report of Management on BA Master Credit Card Trust II and BA Credit Card Trust Pooling and Servicing Agreement/Indenture Compliance" (the "Report"), that FIA Card Services, National Association (the "Company"), a wholly owned subsidiary of Bank of America Corporation, complied with the covenants and conditions of sections, specified in the Report, of the Second Amended and Restated Pooling and Servicing Agreement for the BA Master Credit Card Trust II dated October 20, 2006 (the "PSA") between the Company, BA Credit Card Funding, LLC and The Bank of New York Mellon, the Series Supplement to Second Amended and Restated Pooling and Servicing Agreement for each series specified in the Report (the "Series Supplements") between the Company, BA Credit Card Funding, LLC and The Bank of New York Mellon, the Second Amended and Restated Indenture for the BA Credit Card Trust dated October 20, 2006 (the "Indenture") and the Amended and Restated BAseries Indenture Supplement dated June 10, 2006 (the "Indenture Supplement"), both between the BA Credit Card Trust and The Bank of New York Mellon (the PSA, Series Supplements, Indenture and Indenture Supplement, together the "Agreements"), during the periods specified in the Report. Management is responsible for the Company's compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination.

 

Our examination was conducted in accordance with standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Company's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements.

 

In our opinion, management's assertion that the Company complied with the aforementioned requirements during the periods specified in the Report, is fairly stated, in all material respects.

 

 

 /s/ PricewaterhouseCoopers LLP

September 17, 2009

 

 


 

[Letterhead of Bank of America]

 

 

September 17, 2009

 

 

Report of Management on BA Master Credit Card Trust II and BA Credit Card Trust Pooling and Servicing Agreement/Indenture Compliance

 

 

FIA Card Services, National Association ("FIA" or the "Company"), a wholly owned subsidiary of Bank of America Corporation, is responsible for complying with the covenants and conditions of the Agreements listed in Appendix I to this report. The Company has performed an evaluation of its compliance with the requirements of the relevant covenants and conditions identified in Appendix I for each of the Agreements. Based on this evaluation, FIA complied with the requirements of the relevant covenants and conditions of the Agreements identified in Appendix I for each of the Agreements during the periods specified in Appendix I.

 

 

 

FIA Card Services, National Association by:

 

 

 

  /s/  Elizabeth S. Buie                                  

 

Elizabeth S. Buie

 

Senior Vice President

 

 

 

 

  /s/  Scott McCarthy                                    

 

Scott McCarthy

 

Senior Vice President

 

 


 

 

                                                                              Appendix I
                                                 BA Master Credit Card Trust II
                                          Compliance for the periods identified below

 

 

 

 

 

PSA

 

SERVICING

 

 

PSA

SUPPL.

COMPLIANCE

PSA COVENANTS

SERIES

TRUSTEE

DATE *

DATE *

PERIOD

& CONDITIONS

 

 

 

 

 

 

Partial Year

 

 

 

 

 

BA Master Credit Card Trust II Series 1999-B

The Bank of New York Mellon

10/20/2006

3/26/1999

7/1/08 - 3/16/09

(f)

 

 

 

 

 

 

Full Year

 

 

 

 

 

 

 

 

 

 

 

BA Master Credit Card Trust II Series 1997-B

The Bank of New York Mellon

10/20/2006

3/2/2009

7/1/08 - 6/30/09

(a)

BA Master Credit Card Trust II Series 1999-J

The Bank of New York Mellon

10/20/2006

3/2/2009

7/1/08 - 6/30/09

(f)

BA Master Credit Card Trust II Series 2000-E

The Bank of New York Mellon

10/20/2006

3/2/2009

7/1/08 - 6/30/09

(f)

BA Master Credit Card Trust II Series 2000-H

The Bank of New York Mellon

10/20/2006

3/2/2009

7/1/08 - 6/30/09

(a)

BA Master Credit Card Trust II Series 2001-B

The Bank of New York Mellon

10/20/2006

3/2/2009

7/1/08 - 6/30/09

(a)

BA Master Credit Card Trust II Series 2001-C

The Bank of New York Mellon

10/20/2006

3/2/2009

7/1/08 - 6/30/09

(e)

BA Master Credit Card Trust II Series 2001-D

The Bank of New York Mellon

10/20/2006

3/2/2009

7/1/08 - 6/30/09

(i)

 

 

 

 

 

 

 

 

 

 

 

 

* - Indicates associated agreement may have been amended

 

 

 

 

 

 

 

 

 

 

PSA and PSA Supplement Covenants and Conditions

 

 

 

 

 

 

 

 

 

 

(a) PSA Sections - 2.05(e), 2.06, 2.07, 2.08, 3.02, 3.04, 3.05, 3.06, 4.02(a), 4.03(a), (c) and (d), 13.02 (d).

 

 

PSA Supplement Sections - 3(b), 4.05 through 4.13, 4.14(a), 4.15(a), 5.02(a), 9(c) and (d)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(e) PSA Sections - 2.05(e), 2.06, 2.07, 2.08, 3.02, 3.04, 3.05, 3.06, 4.02(a), 4.03(a), ( c) and (d), 13.02 (d).

 

 

PSA Supplement Sections - 3(b), 4.05 through 4.13, 4.14(a), 4.15(a), 4.18(a), 5.02(a), 10(c) and (d).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(f) PSA Sections - 2.05(e), 2.06, 2.07, 2.08, 3.02, 3.04, 3.05, 3.06, 4.02(a), 4.03(a), ( c) and (d), 13.02 (d).

 

 

PSA Supplement Sections - 3(b), 4.05 through 4.13, 4.14(a), 4.15(a), 4.16(a), 4.19(a) and (g), 4.20(a), 5.02(a), 9(c) and (d).

 

 

 

(i) PSA Sections - 2.05(e), 2.06, 2.07, 2.08, 3.02, 3.04, 3.05, 3.06, 4.02(a), 4.03(a), ( c) and (d), 13.02 (d).

 

 

PSA Supplement Sections - 3(b), 4.05 through 4.07, 4.09, 5.02, 7(c).

 

 

 

 

 

 

 

 

 

 

 

 


 

 

                                                          Appendix I
                                                   BA Credit Card Trust
                                     Compliance for the periods identified below

 

TRANCHE

TRUSTEE

INDENTURE
DATE*

INDENTURE
SUPP. DATE*

ISSUANCE DATE

SERVICING COMPLIANCE PERIOD

INDENTURE COVENANTS AND CONDITIONS

 

 

 

 

 

 

 

Partial Year

 

 

 

 

 

 

BASeries Class C (2001-2)

The Bank of New York Mellon

10/20/2006

6/10/2006

7/12/2001

July 1, 2008 - July 15, 2008

(1)

 

 

 

 

 

 

 

Full Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BASeries Class A (2001-Emerald)

The Bank of New York Mellon

10/20/2006

6/10/2006

8/15/2001

July 1, 2008 - June 30, 2009

(1)

BASeries Class A (2002-2)

The Bank of New York Mellon

10/20/2006

6/10/2006

3/27/2002

July 1, 2008 - June 30, 2009

(1)

BASeries Class A (2002-7)

The Bank of New York Mellon

10/20/2006

6/10/2006

7/25/2002

July 1, 2008 - June 30, 2009

(1)

BASeries Class A (2002-11)

The Bank of New York Mellon

10/20/2006

6/10/2006

10/30/2002

July 1, 2008 - June 30, 2009

(1)

BASeries Class A (2003-5)

The Bank of New York Mellon

10/20/2006

6/10/2006

5/21/2003

July 1, 2008 - June 30, 2009

(1)

BASeries Class C (2003-4)

The Bank of New York Mellon

10/20/2006

6/10/2006

6/19/2003

July 1, 2008 - June 30, 2009

(1)

BASeries Class B (2003-4)

The Bank of New York Mellon

10/20/2006

6/10/2006

10/15/2003

July 1, 2008 - June 30, 2009

(1)

BASeries Class A (2004-1)

The Bank of New York Mellon

10/20/2006

6/10/2006

2/26/2004

July 1, 2008 - June 30, 2009

(1)

BASeries Class A (2004-5)

The Bank of New York Mellon

10/20/2006

6/10/2006

5/25/2004

July 1, 2008 - June 30, 2009

(1)

BASeries Class A (2004-9)

The Bank of New York Mellon

10/20/2006

6/10/2006

10/1/2004

July 1, 2008 - June 30, 2009

(1)

BASeries Class B (2005-3)

The Bank of New York Mellon

10/20/2006

6/10/2006

11/9/2005

July 1, 2008 - June 30, 2009

(1)

BASeries Class B (2006-2)

The Bank of New York Mellon

10/20/2006

6/10/2006

3/24/2006

July 1, 2008 - June 30, 2009

(1)

BASeries Class C (2006-6)

The Bank of New York Mellon

10/20/2006

6/10/2006

9/29/2006

July 1, 2008 - June 30, 2009

(1)

BASeries Class A (2007-5)

The Bank of New York Mellon

10/20/2006

6/10/2006

3/20/2007

July 1, 2008 - June 30, 2009

(1)

BASeries Class C (2007-3)

The Bank of New York Mellon

10/20/2006

6/10/2006

8/14/2007

July 1, 2008 - June 30, 2009

(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Indenture Covenants and Conditions:

 

 

 

 

 

 

 

 

 

 

 

 

(1)    Indenture Sections - 310(a), 402(a), 907, 908(a) and 1201

 

 

 

 

BASeries Indenture Supplement Sections - 2.02(i)-(iv), 3.16 and 4.01(a)