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EXHIBIT 20.1
CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : February 1998
Beginning of the Month Principal Receivables : 10,061,736,517.10
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Beginning of the Month Finance Charge Receivables : 324,534,089.18
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Beginning of the Month Discounted Receivables : 0.00
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Beginning of the Month Total Receivables : 10,386,270,606.28
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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
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Additional Finance Charge Receivables : 0.00
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Additional Total Receivables : 0.00
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Discounted Receivables Generated this Period 0.00
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End of the Month Principal Receivables : 9,642,969,585.43
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End of the Month Finance Charge Receivables : 309,464,930.58
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End of the Month Discounted Receivables : 0.00
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End of the Month Total Receivables : 9,952,434,516.01
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Excess Funding Account Balance 0.00
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Adjusted Invested Amount of all Master Trust Series 8,941,460,137.62
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End of the Month Seller Percentage 7.274828%
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CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : February 1998 ACCOUNTS RECEIVABLES
End of the Month Delinquencies :
30 - 59 Days Delinquent 139,322 232,982,574.10
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60 - 89 Days Delinquent 87,311 146,685,420.63
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90 + Days Delinquent 186,959 305,950,292.61
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Total 30 + Days Delinquent 413,592 685,618,287.34
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Delinquencies 30 + Days as a Percent of End
of the Month Total Receivables 6.89%
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Defaulted Accounts During the Month 47,575 68,141,687.26
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Annualized Default Rate as a Percent of Beginning of
the Month Principal Receivables 8.13%
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Total Collections and Gross Payment Rate 1,089,546,912.94 10.49%
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Collections of Principal Receivables and Principal Payment Rate 901,883,119.55 8.96%
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Prior Month Billed Finance Charge and Fees 167,981,671.04
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Amortized AMF Income 9,282,202.30
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Interchange Collected 5,396,774.78
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Recoveries of Charged Off Accounts 8,235,954.51
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Collections of Discounted Receivables 0.00
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Collections of Finance Charge Receivables and Annualized Yield 190,896,602.63 22.77%
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CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : February 1998
Beginning Unamortized AMF Balance 45,572,920.46
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+ AMF Slug for Added Accounts 129,670.35
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+ AMF Collections 6,049,393.06
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- Amortized AMF Income 9,282,202.30
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Ending Unamortized AMF Balance 42,469,781.57
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CAPITAL ONE MASTER TRUST (DISCOUNTED RECEIVABLES)
MONTHLY PERIOD : FEBRUARY 1998
Gross Principal Payment Rate 8.96%
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May 17, 1994 3% Discount of Addition 50,184,973.92
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Total Discounted Receivables Collections as of
Beginning of Month 50,184,973.92
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Collections of Discounted Receivables Current Month 0.00
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Discounted Receivables to be Collected 0.00
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/s/ Douglas C.H. Adamson
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Douglas C.H. Adamson
Securitization Manager
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