CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : JANUARY 2002
Beginning of the Month Principal Receivables : 23,651,007,294.56
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Beginning of the Month Finance Charge Receivables : 903,218,329.61
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Beginning of the Month Discounted Receivables : 0.00
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Beginning of the Month Total Receivables : 24,554,225,624.17
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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 : 859,404,684.67
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Additional Finance Charge Receivables : 24,878,693.28
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Additional Total Receivables : 884,283,377.95
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Discounted Receivables Generated this Period 0.00
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End of the Month Principal Receivables : 23,731,284,952.38
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End of the Month Finance Charge Receivables : 934,045,923.27
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End of the Month Discounted Receivables : 0.00
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End of the Month Total Receivables : 24,665,330,875.65
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Excess Funding Account Balance 0.00
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Adjusted Invested Amount of all Master Trust Series 20,165,254,048.68
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End of the Month Seller Percentage 15.03%
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CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : JANUARY 2002 ACCOUNTS RECEIVABLES
-------- -----------
End of the Month Delinquencies :
30 - 59 Days Delinquent 568,463.00 465,053,538.61
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60 - 89 Days Delinquent 307,777.00 289,298,320.72
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90 + Days Delinquent 570,412.00 582,302,599.23
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Total 30 + Days Delinquent 1,446,652.00 1,336,654,458.56
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Delinquencies 30 + Days as a Percent of End of the Month Total Receivables 5.42%
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Defaulted Accounts During the Month 178,099.00 106,985,813.88
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Annualized Default Rate as a Percent of Beginning of the Month Principal Receivables 5.24%
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* See note on last page of the report
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CAPITAL ONE MASTER TRUST (COLLECTIONS)
MONTHLY PERIOD : JANUARY 2002 COLLECTIONS PERCENTAGES
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Total Collections and Gross Payment Rate 4,056,179,259.79 15.95%
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Collections of Principal Receivables and Principal Payment Rate 3,591,903,325.29 14.65%
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Prior Month Billed Finance Charge and Fees 362,796,192.28
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Amortized AMF Income 35,857,839.43
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Interchange Collected 41,681,599.07
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Recoveries of Charged Off Accounts 30,322,809.67
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Collections of Discounted Receivables 0.00
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Collections of Finance Charge Receivables and Annualized Yield 470,658,440.45 23.04%
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CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : JANUARY 2002
Beginning Unamortized AMF Balance 186,835,413.56
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+ AMF Slug for Added Accounts 5,026,149.39
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+ AMF Collections 29,475,333.48
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- - Amortized AMF Income 35,857,839.43
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Ending Unamortized AMF Balance 185,479,057.00
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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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