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CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : December 1998
Beginning of the Month Principal Receivables : 10,892,024,042.16
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Beginning of the Month Finance Charge Receivables : 331,740,517.57
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Beginning of the Month Discounted Receivables : 0.00
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Beginning of the Month Total Receivables : 11,223,764,559.73
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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 : 203,675,481.96
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Additional Finance Charge Receivables : 151,109.30
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Additional Total Receivables : 203,826,591.26
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Discounted Receivables Generated this Period 0.00
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End of the Month Principal Receivables : 11,006,835,466.77
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End of the Month Finance Charge Receivables : 333,284,425.04
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End of the Month Discounted Receivables : 0.00
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End of the Month Total Receivables : 11,340,119,891.81
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Excess Funding Account Balance 0.00
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Adjusted Invested Amount of all Master Trust Series 10,138,963,315.57
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End of the Month Seller Percentage 7.88%
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CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : December 1998 ACCOUNTS RECEIVABLES
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End of the Month Delinquencies :
30 - 59 Days Delinquent 149,943 200,163,419.12
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60 - 89 Days Delinquent 82,793 123,563,346.46
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90 + Days Delinquent 160,210 244,860,362.92
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Total 30 + Days Delinquent 392,946 568,587,128.50
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Delinquencies 30+ Days as a Percent of End of the Month
Total Receivables 5.01%
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Defaulted Accounts During the Month 50,882 55,510,833.34
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Annualized Default Rate as a Percent of Beginning of the
Month Principal Receivables 6.12%
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CAPITAL ONE MASTER TRUST (COLLECTIONS)
MONTHLY PERIOD : December 1998 COLLECTIONS PERCENTAGES
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Total Collections and Gross Payment Rate 1,248,670,626.87 11.13%
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Collections of Principal Receivables and Principal Payment Rate 1,048,068,253.42 9.62%
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Prior Month Billed Finance Charge and Fees 168,362,143.26
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Amortized AMF Income 11,258,952.50
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Interchange Collected 14,006,182.67
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Recoveries of Charged Off Accounts 13,091,671.39
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Collections of Discounted Receivables 0.00
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Collections of Finance Charge Receivables and Annualized Yield 206,718,949.82 22.77%
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CAPITAL ONE TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : December 1998
Beginning Unamortized AMF Balance 65,161,410.67
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+ AMF Slug 727.67
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+ AMF Collections 5,142,376.13
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- - Amortized AMF Income 11,258,952.50
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Ending Unamortized AMF Balance 59,045,561.97
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CAPITAL ONE MASTER TRUST (DISCOUNTED RECEIVABLES)
MONTHLY PERIOD : December 1998
Gross Principal Payment Rate 9.62%
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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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