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

Date of Report (Date of earliest event reported) May 9, 2002.

                                Capital One Bank
            ---------------------------------------------------------
            (Originator and Servicer of the Capital One Master Trust)
                                on behalf of the

                            Capital One Master Trust
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


                                                       
           Virginia                        0-23750                        54-1719855
- -------------------------------   ------------------------   -----------------------------------
(State or Other Jurisdiction of   (Commission File Number)   (IRS Employer Identification Number)
Incorporation)


         11013 West Broad Street
          Glenn Allen, Virginia                              23060
   --------------------------------------                  ---------
   (Address of Principal Executive Office)                 (Zip Code)

Registrant's telephone number, including area code (804) 967-1000

                                       N/A
          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)



INFORMATION TO BE INCLUDED IN THE REPORT

Item 1.   Not Applicable.

Item 2.   Not Applicable.

Item 3.   Not Applicable.

Item 4.   Not Applicable.

Item 5.   On May 9, 2002, the Capital One Master Trust issued its Class A
          Floating Rate Asset Backed Certificates, Series 2002-3 and its Class B
          4.55% Asset Backed Certificates, Series 2002-3.

Item 6.   Not Applicable.

Item 7.   Exhibits.

          The following is filed as Exhibits to this Report under Exhibit 4.1.

      Exhibit 4.1 Series 2002-3 Supplement dated May 9, 2002.

Item 8.   Not Applicable.



                                   SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934,
the Capital One Bank as Servicer of and on behalf of the Capital One Master
Trust has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.

                                        CAPITAL ONE MASTER TRUST

                                        By: CAPITAL ONE BANK,
                                            as Servicer


                                        By: /s/ Bonnie A. Seideman
                                            ------------------------------------
                                        Name: Bonnie A. Seideman
                                        Title:Manager of Securitization

                                       3



                                  EXHIBIT INDEX

Exhibit                  Description
- -------                  -----------

4.1       Series 2002-3 Supplement dated May 9, 2002.

                                       4