CAPITAL ONE MASTER TRUST
Trust Excess Spread Analysis
November-02
Card Trust COMT 96-3 COMT 98-1
Deal Size $500MM $591MM
Expected Maturity(Class A): 1/15/2004 4/15/2008
--------- ---------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 1.51% 6.04%
SVC Fees 1.50% 1.50%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 11.14% 6.61%
Oct-02 12.93% 8.79%
Sep-02 12.80% 8.82%
3-Mo Avg Excess Spread 12.29% 8.08%
--------- ---------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
--------- ---------
CAPITAL ONE MASTER TRUST
Trust Excess Spread Analysis
November-02
Card Trust COMT 98-4 COMT 99-1
Deal Size $750MM $625MM
Expected Maturity(Class A): 11/15/2003 05/15/2004
---------- ----------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 4.96% 1.96%
SVC Fees 1.50% 1.50%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 7.69% 10.69%
Oct-02 9.84% 12.52%
Sep-02 9.89% 12.34%
3-Mo Avg Excess Spread 9.14% 11.85%
---------- ----------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
---------- ----------
Page 53 of 59
CAPITAL ONE MASTER TRUST
Trust Excess Spread Analysis
November-02
Card Trust COMT 99-3 COMT 00-1
Deal Size $500MM $600MM
Expected Maturity(Class A): 7/17/2006 02/17/2003
- -------------------------------------------------------------------------------------------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 2.13% 7.16%
SVC Fees 1.50% 1.50%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 10.52% 5.48%
Oct-02 12.35% 7.70%
Sep-02 12.17% 7.72%
3-Mo Avg Excess Spread 11.68% 6.97%
- -------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
- -------------------------------------------------------------------------------------------
CAPITAL ONE MASTER TRUST
Trust Excess Spread Analysis
November-02
Card Trust COMT 00-2 COMT 00-3
Deal Size $750MM $1000MM
Expected Maturity(Class A): 06/15/2005 08/15/2007
- -------------------------------------------------------------------------------------------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 7.26% 2.14%
SVC Fees 2.00% 2.00%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 4.88% 10.00%
Oct-02 7.10% 11.84%
Sep-02 7.12% 11.66%
3-Mo Avg Excess Spread 6.37% 11.17%
- -------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
- -------------------------------------------------------------------------------------------
Page 54 of 59
CAPITAL ONE MASTER TRUST
Trust Excess Spread Analysis
November-02
Card Trust COMT 00-4 COMT 00-5
Deal Size $1200MM $1250MM
Expected Maturity(Class A): 10/17/2005 10/15/2003
- -------------------------------------------------------------------------------------------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 5.88% 5.78%
SVC Fees 2.00% 2.00%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 6.27% 6.37%
Oct-02 8.41% 8.50%
Sep-02 8.45% 8.55%
3-Mo Avg Excess Spread 7.71% 7.80%
- -------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
- -------------------------------------------------------------------------------------------
CAPITAL ONE MASTER TRUST
Trust Excess Spread Analysis
November-02
Card Trust COMT 01-1 COMT 01-2
Deal Size $1200MM $1200MM
Expected Maturity(Class A): 2/15/2008 3/15/2006
- -------------------------------------------------------------------------------------------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 1.63% 4.93%
SVC Fees 2.00% 2.00%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 10.52% 7.21%
Oct-02 12.31% 9.35%
Sep-02 12.18% 9.40%
3-Mo Avg Excess Spread 11.67% 8.65%
- -------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
- -------------------------------------------------------------------------------------------
Page 55 of 59
CAPITAL ONE MASTER TRUST
Trust Excess Spread Analysis
November-02
Card Trust COMT 01-3 COMT 01-4
Deal Size $750MM $1000MM
Expected Maturity(Class A): 5/15/2006 6/15/2004
- -------------------------------------------------------------------------------------------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 4.95% 1.58%
SVC Fees 2.00% 2.00%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 7.20% 10.57%
Oct-02 9.35% 12.30%
Sep-02 9.39% 12.30%
3-Mo Avg Excess Spread 8.64% 11.73%
- -------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
- -------------------------------------------------------------------------------------------
CAPITAL ONE MASTER TRUST
Trust Excess Spread Analysis
November-02
Card Trust COMT 01-5 COMT 01-6
Deal Size $1000MM $1300MM
Expected Maturity(Class A): 8/15/2006 8/15/2008
- -------------------------------------------------------------------------------------------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 4.82% 1.97%
SVC Fees 2.00% 2.00%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 7.33% 10.18%
Oct-02 9.47% 12.01%
Sep-02 9.52% 11.84%
3-Mo Avg Excess Spread 8.77% 11.34%
- -------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
- -------------------------------------------------------------------------------------------
Page 56 of 59
>CAPITAL ONE MASTER TRUST
>Trust Excess Spread Analysis
>November-02
Card Trust COMT 01-7 COMT 01-8
Deal Size $1000MM $1000MM
Expected Maturity(Class A): 10/15/2004 10/16/2006
- -------------------------------------------------------------------------------------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 3.60% 4.25%
SVC Fees 2.00% 2.00%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 8.55% 7.90%
Oct-02 10.69% 10.04%
Sep-02 10.74% 10.09%
3-Mo Avg Excess Spread 9.99% 9.34%
- -------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
- -------------------------------------------------------------------------------------
>CAPITAL ONE MASTER TRUST
>Trust Excess Spread Analysis
>November-02
Card Trust COMT 02-1 COMT 02-2
Deal Size $985MM $620MM
Expected Maturity(Class A): 1/15/2009 3/15/2007
- -------------------------------------------------------------------------------------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 1.66% 1.60%
SVC Fees 2.00% 2.00%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 10.49% 10.55%
Oct-02 12.28% 12.35%
Sep-02 12.15% 12.21%
3-Mo Avg Excess Spread 11.64% 11.70%
- -------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
- -------------------------------------------------------------------------------------
Page 57 of 59
>CAPITAL ONE MASTER TRUST
>Trust Excess Spread Analysis
>November-02
Card Trust COMT 02-3 COMT 02-4
Deal Size $1350MM $750MM
Expected Maturity(Class A): 4/15/2005 5/15/2007
- -------------------------------------------------------------------------------------
Portfolio Yield 19.48% 19.48%
LESS: (Wt Avg) Coupon 1.80% 4.53%
SVC Fees 2.00% 2.00%
Net Charge-Offs 5.33% 5.33%
Excess Spread: Nov-02 10.35% 7.62%
Oct-02 12.18% 9.77%
Sep-02 12.02% 9.82%
3-Mo Avg Excess Spread 11.52% 9.07%
- -------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.68% 1.68%
60 to 89 days 1.20% 1.20%
90+ days 2.72% 2.72%
Gross Monthly Payment Rate 16.20% 16.20%
- -------------------------------------------------------------------------------------
Page 58 of 59
>CAPITAL ONE MASTER TRUST
CAPITAL ONE MASTER TRUST PERFORMANCE STATISTICS ARE ALSO AVAILABLE AT THE
CAPITAL ONE WEB SITE:
http://www.capitalone.com/about/invest/financials/abs.shtml
* REPRESENTS NON-US DENOMINATED TRANSACTIONS.
Page 59 of 59