CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : January 2003
Beginning of the Month Principal Receivables : 28,342,015,324.72
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Beginning of the Month Finance Charge Receivables : 919,992,068.01
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Beginning of the Month Discounted Receivables : 0.00
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Beginning of the Month Total Receivables : 29,262,007,392.73
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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 : 454,844,627.08
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Additional Finance Charge Receivables : 3,674,704.49
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Additional Total Receivables : 458,519,331.57
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Discounted Receivables Generated this Period 0.00
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End of the Month Principal Receivables : 27,758,078,698.35
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End of the Month Finance Charge Receivables : 918,063,986.95
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End of the Month Discounted Receivables : 0.00
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End of the Month Total Receivables : 28,676,142,685.30
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Excess Funding Account Balance 0.00
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Adjusted Invested Amount of all Master Trust Series 24,840,092,833.75
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End of the Month Seller Percentage 10.51%
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CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : January 2003 ACCOUNTS RECEIVABLES
End of the Month Delinquencies :
30 - 59 Days Delinquent 439,904.00 495,818,232.37
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60 - 89 Days Delinquent 279,331.00 340,462,884.68
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90 + Days Delinquent 593,250.00 771,988,825.28
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Total 30 + Days Delinquent 1,312,485.00 1,608,269,942.33
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Delinquencies 30 + Days as a Percent of End of the Month Total Receivables 5.61%
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Defaulted Accounts During the Month 202,333.00 166,323,258.77
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Annualized Default Rate as a Percent of Beginning of the Month Principal Receivables 6.93%
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* See note on last page of the report
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CAPITAL ONE MASTER TRUST (COLLECTIONS)
MONTHLY PERIOD : January 2003 COLLECTIONS PERCENTAGES
Total Collections and Gross Payment Rate 5,079,329,698.38 17.09%
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Collections of Principal Receivables and Principal Payment Rate 4,605,589,970.34 15.99%
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Prior Month Billed Finance Charge and Fees 359,433,094.79
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Amortized AMF Income 26,810,105.68
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Interchange Collected 52,147,453.19
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Recoveries of Charged Off Accounts 39,060,020.52
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Collections of Discounted Receivables 0.00
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Collections of Finance Charge Receivables and Annualized Yield 477,450,674.18 19.90%
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CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : January 2003
Beginning Unamortized AMF Balance 147,340,397.77
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+ AMF Slug for Added Accounts 480,707.41
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+ AMF Collections 23,099,159.54
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- - Amortized AMF Income 26,810,105.68
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Ending Unamortized AMF Balance 144,110,159.04
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/s/ Tom Feil
--------------------------------
Tom Feil
Director, Capital Markets
*FOR CALCULATION PURPOSES BEGINNING OF MONTH PRINCIPAL RECEIVABLES INCLUDES
ADDITIONAL PRINCIPAL RECEIVABLES.
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