SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549

                                  FORM 8-K
                               CURRENT REPORT

                   Pursuant to Section 13 or 15(d) of the
                      Securities Exchange Act of 1934

                               July 23, 1997
                     (Date of earliest event reported)

                               FIRST USA BANK

           (Exact name of Registrant as specified in its charter)
                     FIRST USA CREDIT CARD MASTER TRUST

          DELAWARE              333-24227              76-0039224   
          (State of         (Commission File No.)    (IRS Employer
          Incorporation)                             Identification No.)

            201 NORTH WALNUT STREET, WILMINGTON, DELAWARE 19801
        (Address of principal executive offices, including zip code)

                               (302) 594-4000
            (Registrant's telephone number, including area code)


          ITEM 5. OTHER EVENTS

               Effective July 1997, the First USA Credit Card
          Master Trust (the "Master Trust") began implementation of
          a charge-off policy to align it with that of BANC ONE
          CORPORATION ("BANC ONE").  BANC ONE completed its
          acquisition of First USA, Inc. on June 27, 1997.

               First USA Bank, as servicer of the Master Trust,
          will now begin generally charging off a contractually
          past due account immediately prior to the end of the
          "sixth billing cycle" compared with the prior "seventh
          billing cycle" policy.  However, charge-offs may occur
          earlier in some circumstances, as in the case of bankrupt
          cardholders.

               For the Master Trust, it is currently anticipated
          that this change in charge-off policy will be fully
          implemented by year-end 1997.  During this period, this
          policy change may result in a decrease in the number of
          accounts and the amount of receivables delinquent but may
          also result in an increase in reported gross charge-offs
          net of recoveries.

               The Master Trust portfolio is only a portion of the
          managed portfolio of First USA.  As such, delinquency and
          loss experience with respect to First USA's entire
          managed credit card portfolio may differ from that of the
          Master Trust.


                                  SIGNATURES

               Pursuant to the requirements of the Securities
          Exchange Act of 1934, the registrant has duly caused this
          report to be signed on its behalf by the undersigned
          hereunto duly authorized.

          Date:     July 23, 1997       FIRST USA BANK             


                                        By:/s/Peter W. Atwater           
                                        ____________________________
                                        Name: Peter W. Atwater
                                        Title: Executive Vice President
[{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 3113}]
{"company-data": {"conformed-name": "FIRST USA CREDIT CARD MASTER TRUST", "cik": "0000890493", "assigned-sic": "6189", "irs-number": "760039224", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-50600-01", "film-number": "97644463"}, "business-address": {"street1": "201 NORTH WALNUT ST", "street2": "C/O FIRST USA BANK", "city": "WILMINGTON", "state": "DE", "zip": "19801", "phone": "3025944117"}, "mail-address": {"street1": "201 N WALNUT STREET", "city": "WILMINGTON", "state": "DE", "zip": "19801"}}
SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549

                                  FORM 8-K
                               CURRENT REPORT

                   Pursuant to Section 13 or 15(d) of the
                      Securities Exchange Act of 1934

                               July 23, 1997
                     (Date of earliest event reported)

                               FIRST USA BANK

           (Exact name of Registrant as specified in its charter)
                     FIRST USA CREDIT CARD MASTER TRUST

          DELAWARE              333-24227              76-0039224   
          (State of         (Commission File No.)    (IRS Employer
          Incorporation)                             Identification No.)

            201 NORTH WALNUT STREET, WILMINGTON, DELAWARE 19801
        (Address of principal executive offices, including zip code)

                               (302) 594-4000
            (Registrant's telephone number, including area code)

          ITEM 5. OTHER EVENTS

               Effective July 1997, the First USA Credit Card
          Master Trust (the "Master Trust") began implementation of
          a charge-off policy to align it with that of BANC ONE
          CORPORATION ("BANC ONE").  BANC ONE completed its
          acquisition of First USA, Inc. on June 27, 1997.

               First USA Bank, as servicer of the Master Trust,
          will now begin generally charging off a contractually
          past due account immediately prior to the end of the
          "sixth billing cycle" compared with the prior "seventh
          billing cycle" policy.  However, charge-offs may occur
          earlier in some circumstances, as in the case of bankrupt
          cardholders.

               For the Master Trust, it is currently anticipated
          that this change in charge-off policy will be fully
          implemented by year-end 1997.  During this period, this
          policy change may result in a decrease in the number of
          accounts and the amount of receivables delinquent but may
          also result in an increase in reported gross charge-offs
          net of recoveries.

               The Master Trust portfolio is only a portion of the
          managed portfolio of First USA.  As such, delinquency and
          loss experience with respect to First USA's entire
          managed credit card portfolio may differ from that of the
          Master Trust.

                                  SIGNATURES

               Pursuant to the requirements of the Securities
          Exchange Act of 1934, the registrant has duly caused this
          report to be signed on its behalf by the undersigned
          hereunto duly authorized.

          Date:     July 23, 1997       FIRST USA BANK             

                                        By:/s/Peter W. Atwater           
                                        ____________________________
                                        Name: Peter W. Atwater
                                        Title: Executive Vice President