Exhibit 20.3
CAPITAL ONE MASTER TRUST (COMT)
Performance Summary - December 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 | 17.13 | % | ||
Delinquency Rate: | 1.42 | % | ||
30 - 59 Days | 1.11 | % | ||
60 - 89 Days | 2.66 | % | ||
90 + Days | ||||
Excess Spread Analysis
|
| |||
Series | COMT 2002-1 | |||
Portfolio Yield | 19.84 | % | ||
Weighted Average Coupon | 1.48 | % | ||
Servicing Fee Percentage | 2.00 | % | ||
Net Loss Rate | 6.88 | % | ||
Excess Spread Percentage | ||||
Dec-08 | 9.49 | % | ||
Nov-08 | 8.91 | % | ||
Oct-08 | 6.79 | % | ||
3-Month Average Excess Spread | 8.40 | % | ||
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.
