CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : February 2002
Beginning of the Month Principal Receivables : 23,731,284,952.38
----------------------------
Beginning of the Month Finance Charge Receivables : 934,045,923.27
----------------------------
Beginning of the Month Discounted Receivables : 0.00
----------------------------
Beginning of the Month Total Receivables : 24,665,330,875.65
----------------------------
Removed Principal Receivables : 0.00
----------------------------
Removed Finance Charge Receivables : 0.00
----------------------------
Removed Total Receivables : 0.00
----------------------------
Additional Principal Receivables : 1,156,484,598.23
----------------------------
Additional Finance Charge Receivables : 12,013,947.52
----------------------------
Additional Total Receivables : 1,168,498,545.75
----------------------------
Discounted Receivables Generated this Period 0.00
----------------------------
End of the Month Principal Receivables : 24,338,326,849.80
----------------------------
End of the Month Finance Charge Receivables : 903,345,461.70
----------------------------
End of the Month Discounted Receivables : 0.00
----------------------------
End of the Month Total Receivables : 25,241,672,311.50
----------------------------
Excess Funding Account Balance 0.00
----------------------------
Adjusted Invested Amount of all Master Trust Series 20,101,504,048.68
----------------------------
End of the Month Seller Percentage 17.41%
----------------------------
CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : January 2002 ACCOUNTS RECEIVABLES
End of the Month Delinquencies :
30 - 59 Days Delinquent 488,013.00 430,373,722.19
---------------------------- ----------------------------
60 - 89 Days Delinquent 350,061.00 311,405,824.13
---------------------------- ----------------------------
90 + Days Delinquent 565,484.00 588,814,147.99
---------------------------- ----------------------------
Total 30 + Days Delinquent 1,403,558.00 1,330,593,694.31
---------------------------- ----------------------------
Delinquencies 30 + Days as a Percent of End of the
Month Total Receivables 5.27%
----------------------------
Defaulted Accounts During the Month 176,067.00 112,042,194.93
---------------------------- ----------------------------
Annualized Default Rate as a Percent of Beginning of the
Month Principal Receivables 5.40%
----------------------------
* See note on last page of the report
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CAPITAL ONE MASTER TRUST (COLLECTIONS)
MONTHLY PERIOD : FEBRUARY 2002 COLLECTIONS PERCENTAGES
----------- -----------
Total Collections and Gross Payment Rate 3,959,323,929.60 15.33%
---------------------------- ----------------------------
Collections of Principal Receivables and Principal Payment Rate 3,479,165,920.00 13.98%
---------------------------- ----------------------------
Prior Month Billed Finance Charge and Fees 379,161,865.00
----------------------------
Amortized AMF Income 34,282,773.68
----------------------------
Interchange Collected 38,050,937.78
----------------------------
Recoveries of Charged Off Accounts 33,850,988.93
----------------------------
Collections of Discounted Receivables 0.00
----------------------------
Collections of Finance Charge Receivables and Annualized Yield 485,346,565.39 23.40%
---------------------------- ----------------------------
CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : FEBRUARY 2002
Beginning Unamortized AMF Balance 185,479,057.00
----------------------------
+ AMF Slug for Added Accounts 2,177,727.55
----------------------------
+ AMF Collections 29,094,217.89
----------------------------
- - Amortized AMF Income 34,282,773.68
----------------------------
Ending Unamortized AMF Balance 182,468,228.76
----------------------------
/s/ Tom Feil
-------------------------------
Tom Feil
Director of Securitization
*For calculation purposes Beginning of Month Principal Receivables includes
Additional Principal Receivables.
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