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Fitch Rates Citibank Credit Card Issuance Trust Citiseries Class A (2012-1) Notes

NEW YORK--(BUSINESS WIRE)-- Fitch assigns the following ratings to Citibank Credit Card Issuance Trust Citiseries class A, (2012-1) notes as follows:

--$500.0 million 0.55% fixed class A (2012-1) 'AAAsf'; Outlook Stable.

Fitch's ratings are based on the underlying receivables pool, available credit enhancement, Citibank, N.A.'s underwriting and servicing capabilities, as well as the transaction's legal structures, which employ early amortization triggers.

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'Global Credit Card ABS Rating Criteria' (June 22, 2012);

--'Global Structured Finance Rating Criteria' (June 6, 2012).

Applicable Criteria and Related Research:

Global Credit Card ABS Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=681533

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923

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Fitch Ratings
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John Alberici, +1-212-908-0370
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Source: Fitch Ratings