1



                      MONTHLY CERTIFICATEHOLDERS STATEMENT
                            CAPITAL ONE MASTER TRUST
                                  SERIES 1994-A

     Pursuant  to  the  Master  Pooling  and  Servicing  Agreement  dated  as of
September 30, 1993  (hereinafter  as such agreement may have been or may be from
time to time,  supplemented,  amended or  otherwise  modified,  the "Pooling and
Servicing  Agreement"),  between  Capital One Bank,  as Seller and Servicer (the
"Bank"),  and the Bank of New York, as trustee (the  "Trustee")  and pursuant to
the Amended and Restated Series 1994-A  Supplement dated as of November 17, 1994
and amended and restated as of October 31, 1997 among the Bank,  the Trustee and
Union Bank of  Switzerland,  New York Branch,  as servicing  agent,  the Bank as
Servicer is required to prepare certain information each month regarding current
distributions  to  Certificateholders  and the  performance  of the  Capital One
Master Trust (the "Trust") during the previous month.  The information  which is
required to be prepared with respect to the Distribution  Date of June 15, 1998,
and with respect to the  performance  of the Trust during the month May, 1998 is
set forth  below.  Certain of the  information  is  presented on the basis of an
original principal amount of $1,000 per investor  Certificate (a "Certificate").
Certain other information is presented based on the aggregate amounts


                                                                                                                          
   1)The total amount of the distribution to Series 1994-A Certificateholders on the                       
     Payment Date is                                                                                                5.7907900400 
                                                                                                         ------------------------


   2)The amount of the  distribution  set forth in paragraph 1 above in respect of
     principal on the Series 1994-A Certificate is                                                                  0.0000000000
                                                                                                         ------------------------


   3)The amount of the distribution set forth in  paragrah 1 above in respect of interest
     on the Series 1994-A Certificates                                                                              5.7907900400
                                                                                                         ------------------------


   4)The total amount of the distribution to Collateral Indebtedness Holder on the                                  5.3012152833
     Payment Date is                                                                                     ------------------------


   5)The amount of the distribution set forth in 4 above in respect to principal                                    0.0000000000
     on the Collateral Indebtedness Interest is                                                          ------------------------


   6)The amount of the distributioin set forth in 4 above in respect to interest                         
     on the Collateral Indebtedness Interest is                                                                     5.3012152833
                                                                                                         ------------------------