Exhibit 20.1
CAPITAL ONE MASTER TRUST (RECEIVABLES) *
MONTHLY PERIOD : May 2004
Beginning of the Month Principal Receivables : |
| 33,861,940,788.54 |
|
Beginning of the Month Finance Charge Receivables : |
| 814,406,755.62 |
|
Beginning of the Month Discounted Receivables : |
| 0.00 |
|
Beginning of the Month Total Receivables : |
| 34,676,347,544.16 |
|
|
|
|
|
Removed Principal Receivables : |
| 0.00 |
|
Removed Finance Charge Receivables : |
| 0.00 |
|
Removed Total Receivables : |
| 0.00 |
|
|
|
|
|
Additional Principal Receivables : |
| 712,196,862.91 |
|
Additional Finance Charge Receivables : |
| 35,954,187.30 |
|
Additional Total Receivables : |
| 748,151,050.21 |
|
|
|
|
|
Discounted Receivables Generated this Period |
| 0.00 |
|
|
|
|
|
End of the Month Principal Receivables : |
| 34,174,249,231.31 |
|
End of the Month Finance Charge Receivables : |
| 824,702,326.48 |
|
End of the Month Discounted Receivables : |
| 0.00 |
|
End of the Month Total Receivables : |
| 34,998,951,557.79 |
|
|
|
|
|
Excess Funding Account Balance |
| 0.00 |
|
Adjusted Invested Amount of all Master Trust Series |
| 28,866,859,039.21 |
|
|
|
|
|
End of the Month Seller Percentage |
| 15.53 | % |
CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : May 2004
|
| ACCOUNTS |
| RECEIVABLES |
|
|
|
|
|
|
|
End of the Month Delinquencies : |
|
|
|
|
|
30 - 59 Days Delinquent |
| 407,921 |
| 453,641,559.44 |
|
60 - 89 Days Delinquent |
| 230,456 |
| 292,423,085.28 |
|
90 + Days Delinquent |
| 458,228 |
| 658,612,322.48 |
|
|
|
|
|
|
|
Total 30 + Days Delinquent |
| 1,096,605 |
| 1,404,676,967.20 |
|
|
|
|
|
|
|
Delinquencies 30 + Days as a Percent of End of the Month Total Receivables |
|
|
| 4.01 | % |
|
|
|
|
|
|
Defaulted Accounts During the Month |
| 164,936 |
| 174,938,846.78 |
|
|
|
|
|
|
|
Annualized Default Rate as a Percent of Beginning of the Month Principal Receivables |
|
|
| 6.07 | % |
*For calculation purposes Beginning of Month Principal Receivables includes Additional Principal Receivables.
1
CAPITAL ONE MASTER TRUST (COLLECTIONS)
MONTHLY PERIOD : May 2004
|
| COLLECTIONS |
| PERCENTAGES |
|
|
|
|
|
|
|
Total Collections and Gross Payment Rate** |
| 5,872,502,577.81 |
| 16.58 | % |
|
|
|
|
|
|
Collections of Principal Receivables and Principal Payment Rate |
| 5,295,696,909.06 |
| 15.32 | % |
|
|
|
|
|
|
Prior Month Billed Finance Charge and Fees |
| 403,125,858.56 |
|
|
|
Amortized AMF Income |
| 43,210,134.73 |
|
|
|
Interchange Collected |
| 74,863,579.88 |
|
|
|
Recoveries of Charged Off Accounts |
| 54,394,394.25 |
|
|
|
Collections of Discounted Receivables |
| 0.00 |
|
|
|
|
|
|
|
|
|
Collections of Finance Charge Receivables and Annualized Yield |
| 575,593,967.42 |
| 19.98 | % |
CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : May 2004
Beginning Unamortized AMF Balance |
|
|
| 203,518,850.24 |
|
+ AMF Slug |
| 24,033,913.49 |
|
|
|
+ AMF Collections |
| 44,421,836.06 |
|
|
|
- Amortized AMF Income |
| 43,210,134.73 |
|
|
|
Ending Unamortized AMF Balance |
|
|
| 228,764,465.06 |
|
**Total Collections and Gross Payment Rate is calculated as a Percent of Beginning of Month Total Receivables which includes Additional Total Receivables.
2