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CAPITAL ONE MASTER TRUST
TRUST EXCESS SPREAD ANALYSIS - JUNE-01
Card Trust COMT 96-1* COMT 96-2 COMT 96-3 COMT 97-1*
Deal Size $845MM $750MM $500MM $608MM
Expected Maturity(Class A): 8/15/01 12/15/01 1/15/04 6/15/02
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Excess Spread:
Portfolio Yield 23.22% 23.22% 23.22% 23.22%
LESS: (Wt Avg) Coupon 4.16% 4.08% 4.11% 3.90%
SVC Fees 1.50% 1.50% 1.50% 1.50%
Charge-Offs 4.18% 4.18% 4.18% 4.18%
Excess Spread: Jun-01 13.38% 13.46% 13.43% 13.64%
May-01 14.86% 14.83% 14.80% 14.20%
Apr-01 15.12% 15.43% 15.39% 15.52%
3-Mo Avg Excess Spread 14.45% 14.57% 14.54% 14.45%
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Delinquents: 30 to 59 days 1.78% 1.78% 1.78% 1.78%
60 to 89 days 1.21% 1.21% 1.21% 1.21%
90+ days 2.31% 2.31% 2.31% 2.31%
Monthly Payment Rate 16.13% 16.13% 16.13% 16.13%
Card Trust COMT 97-2* COMT 98-1 COMT 98-3* COMT 98-4
Deal Size $502MM $591MM $486MM $750MM
Expected Maturity(Class A): 8/15/02 4/15/08 08/16/01 11/15/03
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Excess Spread:
Portfolio Yield 23.22% 23.22% 23.22% 23.22%
LESS: (Wt Avg) Coupon 4.11% 6.23% 5.81% 5.38%
SVC Fees 1.50% 1.50% 1.50% 1.50%
Charge-Offs 4.18% 4.18% 4.18% 4.18%
Excess Spread: Jun-01 13.43% 11.31% 11.73% 12.16%
May-01 14.91% 12.81% 13.22% 13.65%
Apr-01 15.18% 14.40% 15.09% 15.19%
3-Mo Avg Excess Spread 14.51% 12.84% 13.35% 13.67%
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Delinquents: 30 to 59 days 1.78% 1.78% 1.78% 1.78%
60 to 89 days 1.21% 1.21% 1.21% 1.21%
90+ days 2.31% 2.31% 2.31% 2.31%
Monthly Payment Rate 16.13% 16.13% 16.13% 16.13%
Card Trust COMT 99-1 COMT 99-2 COMT 99-3 COMT 00-1 COMT 00-2
Deal Size $625MM $625MM $500MM $600MM $750MM
Expected Maturity(Class A): 05/15/04 05/15/02 07/15/06 02/17/03 06/15/05
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Excess Spread:
Portfolio Yield 23.22% 23.22% 23.22% 23.22% 23.22%
LESS: (Wt Avg) Coupon 4.30% 4.11% 4.47% 7.16% 6.76%
SVC Fees 1.50% 1.50% 1.50% 1.50% 2.00%
Charge-Offs 4.18% 4.18% 4.18% 4.18% 4.18%
Excess Spread: Jun-01 13.24% 13.43% 13.07% 10.38% 10.28%
May-01 14.62% 14.80% 14.45% 11.89% 11.79%
Apr-01 15.26% 15.40% 15.09% 13.52% 13.42%
3-Mo Avg Excess Spread 14.37% 14.54% 14.20% 11.93% 11.83%
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Delinquents: 30 to 59 days 1.78% 1.78% 1.78% 1.78% 1.78%
60 to 89 days 1.21% 1.21% 1.21% 1.21% 1.21%
90+ days 2.31% 2.31% 2.31% 2.31% 2.31%
Monthly Payment Rate 16.13% 16.13% 16.13% 16.13% 16.13%
Card Trust COMT 00-3 COMT 00-4 COMT 00-5 COMT 01-1
Deal Size $1000MM $1200MM $1250MM $1200MM
Expected Maturity(Class A): 08/15/07 10/17/05 10/15/03 2/15/08
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Excess Spread:
Portfolio Yield 23.22% 23.22% 23.22% 23.22%
LESS: (Wt Avg) Coupon 3.98% 5.61% 5.52% 3.73%
SVC Fees 2.00% 2.00% 2.00% 2.00%
Charge-Offs 4.18% 4.18% 4.18% 4.18%
Excess Spread: Jun-01 13.06% 11.43% 11.52% 13.31%
May-01 14.44% 12.91% 13.01% 14.68%
Apr-01 15.07% 13.88% 13.97% 15.27%
3-Mo Avg Excess Spread 14.19% 12.74% 12.83% 14.42%
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Delinquents: 30 to 59 days 1.78% 1.78% 1.78% 1.78%
60 to 89 days 1.21% 1.21% 1.21% 1.21%
90+ days 2.31% 2.31% 2.31% 2.31%
Monthly Payment Rate 16.13% 16.13% 16.13% 16.13%
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Card Trust COMT 01-2 COMT 01-3
Deal Size $975MM $634MM
Expected Maturity(Class A): 3/16/06 3/15/06
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Excess Spread:
Portfolio Yield 23.22% 23.22%
LESS: (Wt Avg) Coupon 4.70% 5.97%
SVC Fees 2.00% 0.90%
Charge-Offs 4.18% 4.18%
Excess Spread: Jun-01 12.34% 12.17%
May-01 14.34% 14.66%
Apr-01 N/A N/A
3-Mo Avg Excess Spread N/A N/A
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Delinquents: 30 to 59 days 1.78% 1.78%
60 to 89 days 1.21% 1.21%
90+ days 2.31% 2.31%
Monthly Payment Rate 16.13% 16.13%
This material is for informational purposes only and is not an offer of
securities for sale in the United States. These securities will not be
and have not been registered under the Securities Act of 1933 and may not
be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements.
COMMENTS:
Capital One Master Trust performance statistics are also available at the
Capital One web site: http://www.capitalone.com/invest/financials/abs.html
* The increases in reported gross yield and excess spread and the delinquency
and loss rates for the Capital One Master Trust for April, 2001 reflect the
impact of a February 2001 addition of accounts which resulted in a broader cross
section of accounts in the Master Trust.
Changes in the Master Trust's April, 2001 performance do not reflect a material
change in the performance of Capital One Bank's managed portfolio.
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