CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : December 2002
Beginning of the Month Principal Receivables : 27,754,578,131.38
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Beginning of the Month Finance Charge Receivables : 925,751,201.24
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Beginning of the Month Discounted Receivables : 0.00
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Beginning of the Month Total Receivables : 28,680,329,332.62
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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 : 0.00
-----------------------------
Additional Finance Charge Receivables : 0.00
-----------------------------
Additional Total Receivables :
-----------------------------
Discounted Receivables Generated this Period 0.00
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End of the Month Principal Receivables : 28,342,015,324.72
-----------------------------
End of the Month Finance Charge Receivables : 919,992,068.01
-----------------------------
End of the Month Discounted Receivables : 0.00
-----------------------------
End of the Month Total Receivables : 29,262,007,392.73
-----------------------------
Excess Funding Account Balance 0.00
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Adjusted Invested Amount of all Master Trust Series 24,840,092,833.75
-----------------------------
End of the Month Seller Percentage 12.36%
-----------------------------
CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : December 2002 ACCOUNTS RECEIVABLES
End of the Month Delinquencies :
30 - 59 Days Delinquent 449,942.00 502,655,004.55
-------------------------- -----------------------------
60 - 89 Days Delinquent 289,860.00 346,070,313.81
-------------------------- -----------------------------
90 + Days Delinquent 623,947.00 789,423,508.72
-------------------------- -----------------------------
Total 30 + Days Delinquent 1,363,749.00 1,638,148,827.08
-------------------------- -----------------------------
Delinquencies 30 + Days as a Percent of End of the Month Total
Receivables 5.60%
-----------------------------
Defaulted Accounts During the Month 205,449.00 163,119,646.73
-------------------------- -----------------------------
Annualized Default Rate as a Percent of Beginning of the Month
Principal Receivables 7.05%
-----------------------------
* See note on last page of the report
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CAPITAL ONE MASTER TRUST (COLLECTIONS)
MONTHLY PERIOD : December 2002 COLLECTIONS PERCENTAGES
Total Collections and Gross Payment Rate 4,656,133,758.06 16.23%
-------------------------- -----------------------------
Collections of Principal Receivables and Principal Payment Rate 4,155,232,785.05 14.97%
-------------------------- -----------------------------
Prior Month Billed Finance Charge and Fees 367,674,240.17
--------------------------
Amortized AMF Income 27,397,183.41
--------------------------
Interchange Collected 70,034,949.74
--------------------------
Recoveries of Charged Off Accounts 33,782,152.81
--------------------------
Collections of Discounted Receivables 0.00
--------------------------
Collections of Finance Charge Receivables and Annualized Yield 498,888,526.13 21.57%
-------------------------- -----------------------------
CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : December 2002
Beginning Unamortized AMF Balance 145,327,950.89
-----------------------------
+ AMF Slug for Added Accounts 0.00
--------------------------
+ AMF Collections 29,409,630.29
--------------------------
- - Amortized AMF Income 27,397,183.41
--------------------------
Ending Unamortized AMF Balance 147,340,397.77
-----------------------------
/s/ Tom Feil
--------------------------------
Tom Feil
Director, Capital Markets
* FOR CALCULATION PURPOSES BEGINNING OF MONTH PRINCIPAL RECEIVABLES INCLUDES
ADDITIONAL PRINCIPAL RECEIVABLES.
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