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FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1998-1
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 successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One 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 December 15, 2000, and with respect to the performance of the Trust
during the month November, 2000 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 for the Trust as a whole. Capitalized terms
used in this Certificate have their respective meanings set forth in the
Pooling and Servicing Agreement.
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on December 15, 2000
per $1,000 Original Principal Amount 5.2583333400
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2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates, per $1,000 Original Principal Amount 5.2583333400
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3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
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B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
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2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
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3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000
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4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the
effect of increasing, pro rata, the amount of each Series 1998-1 Investor Certificateholder's
Investment) 0.0000000000
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5) The amount, if any, by which the outstanding principal balance of the Class A Certificates
exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000
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C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on December 15, 2000
per $1,000 Original Principal Amount. 5.2966666187
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2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class B Certificates, per $1,000 Original Principal Amount. 5.2966666187
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3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
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D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
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2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
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3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000
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4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the
effect of increasing, pro rata, the amount of each Series 1998-1 Investor Certificateholder's
Investment) 0.0000000000
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5) The amount, if any, by which the outstanding principal balance of the Class B Certificates
exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000
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E) Information Regarding Distributions to the Class C Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class C Certificateholders on December 15, 2000
per $1,000 Original Principal Amount. 6.3083333550
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2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class C Certificates, per $1,000 Original Principal Amount. 6.3083333550
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3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class C Certificates, per $1,000 Original Principal Amount. 0.0000000000
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F) Class C Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class C Investor Charge Off's 0.0000000000
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2) The amount of Class C Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
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3) The total amount reimbursed to the Trust in respect of Class C Investor Charge Off's 0.0000000000
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4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the
effect of increasing, pro rata, the amount of each Series 1998-1 Investor Certificateholder's
Investment) 0.0000000000
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5) The amount, if any, by which the outstanding principal balance of the Class C Certificates
exceeds the Class C Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000
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G) The Available Cash Collateral Amount as of the close of business on the preceding Distribution Date
(after giving effect to any withdrawal from the Collateral Account) was equal to 9,456,264.78
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H) The Required Cash Collateral Amount as of the close of business on the upcoming Distribution Date,
after giving effect to any withdrawal from the Cash Collateral Account and payments to the Class C Interest
Holder on such Distribution Date, will be equal to 9,456,264.78
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