CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : DECEMBER 2001
Beginning of the Month Principal Receivables : 21,692,823,012.41
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Beginning of the Month Finance Charge Receivables : 858,766,932.05
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Beginning of the Month Discounted Receivables : 0.00
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Beginning of the Month Total Receivables : 22,551,589,944.46
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Removed Principal Receivables : 0.00
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Removed Finance Charge Receivables : 0.00
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Removed Total Receivables : 0.00
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Additional Principal Receivables : 1,513,960,033.16
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Additional Finance Charge Receivables : 37,927,016.35
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Additional Total Receivables : 1,551,887,049.51
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Discounted Receivables Generated this Period 0.00
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End of the Month Principal Receivables : 23,651,007,294.56
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End of the Month Finance Charge Receivables : 903,218,329.61
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End of the Month Discounted Receivables : 0.00
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End of the Month Total Receivables : 24,554,225,624.17
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Excess Funding Account Balance 0.00
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Adjusted Invested Amount of all Master Trust Series 20,206,504,048.68
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End of the Month Seller Percentage 14.56%
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CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : DECEMBER 2001 ACCOUNTS RECEIVABLES
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End of the Month Delinquencies :
30 - 59 Days Delinquent 496,846.00 431,027,333.47
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60 - 89 Days Delinquent 295,505.00 274,483,700.31
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90 + Days Delinquent 581,071.00 577,926,530.93
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Total 30 + Days Delinquent 1,373,422.00 1,283,437,564.71
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Delinquencies 30 + Days as a Percent of End of the Month Total Receivables 5.23%
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Defaulted Accounts During the Month 182,296.00 106,761,697.46
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Annualized Default Rate as a Percent of Beginning of the Month Principal Receivables 5.52%
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* See note on last page of the report
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CAPITAL ONE MASTER TRUST (COLLECTIONS)
MONTHLY PERIOD : DECEMBER 2001 COLLECTIONS PERCENTAGES
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Total Collections and Gross Payment Rate 3,711,926,633.42 15.40%
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Collections of Principal Receivables and Principal Payment Rate 3,260,747,342.78 14.05%
----------------------- --------------------
Prior Month Billed Finance Charge and Fees 340,802,280.09
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Amortized AMF Income 37,710,420.08
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Interchange Collected 47,313,114.60
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Recoveries of Charged Off Accounts 25,206,178.17
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Collections of Discounted Receivables 0.00
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Collections of Finance Charge Receivables and Annualized Yield 451,031,992.94 23.32%
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CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : DECEMBER 2001
Beginning Unamortized AMF Balance 174,525,637.66
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+ AMF Slug for Added Accounts 12,162,478.20
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+ AMF Collections 37,857,717.78
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- - Amortized AMF Income 37,710,420.08
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Ending Unamortized AMF Balance 186,835,413.56
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/s/ Tom Feil
--------------------------
Tom Feil
Director of Securitization
*For calculation purposes Beginning of Month Principal Receivables includes
Additional Principal Receivables.
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