Exhibit 20.3
CAPITAL ONE MASTER TRUST (COMT)
Performance Summary - September 2008
| Capital One Master Trust (COMT) | ||||
Series | COMT 2002-1 | |||
Size | $ | 1,000 | MM | |
Expected Maturity (Class A) | 1/15/2009 | |||
Gross Monthly Payment Rate | 17.47 | % | ||
Delinquency Rate: 30 - 59 Days | 1.28 | % | ||
60 - 89 Days | 0.98 | % | ||
90 + Days | 2.32 | % | ||
| Excess Spread Analysis | ||||
Series | COMT 2002-1 | |||
Portfolio Yield | 19.08 | % | ||
Weighted Average Coupon | 2.83 | % | ||
Servicing Fee Percentage | 2.00 | % | ||
Net Loss Rate | 5.54 | % | ||
Excess Spread Percentage | ||||
Sep-08 | 8.71 | % | ||
Aug-08 | 8.88 | % | ||
Jul-08 | 9.20 | % | ||
3-Month Average Excess Spread | 8.93 | % | ||
Capital One Master Trust (COMT)
Note: Servicing Fee Percentage includes 0.75% paid as Servicer Interchange to Capital One Bank (USA), National Association as the Servicer of Capital One Master Trust.
