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CAPITAL ONE MASTER TRUST
TRUST EXCESS SPREAD ANALYSIS - JULY-99
Card Trust COMT 94-3 COMT 95-1 COMT 95-3 COMT 96-1* COMT 96-2 COMT 96-3 OMT 97-1*
Deal Size $453MM $900MM $1050MM $845MM $750MM $500MM $608MM
Expected Maturity(Class A): 6/15/99 6/15/00 8/15/00 8/15/01 12/15/01 1/15/04 6/15/02
(94-3 paid out) (NON-US (NON-US
TRANSACTION) TRANSACTION)
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Excess Spread:
Portfolio Yield 22.10% 22.10% 22.10% 22.10% 22.10% 22.10% 22.10%
LESS: (Wt Avg) Coupon 6.19% 5.28% 5.25% 5.08% 5.22% 5.25% 5.08%
SVC Fees 2.00% 2.00% 2.00% 1.50% 1.50% 1.50% 1.50%
Charge-Offs 3.58% 3.58% 3.58% 3.58% 3.58% 3.58% 3.58%
Excess Spread: Jul-99 10.33% 11.24% 11.27% 11.94% 11.80% 11.77% 11.94%
Jun-99 15.13% 11.25% 11.29% 11.80% 11.82% 11.79% 11.80%
May-99 10.84% 11.10% 11.14% 11.58% 11.67% 11.63% 11.52%
3-Mo Avg Excess Spread 12.10% 11.20% 11.23% 11.77% 11.76% 11.73% 11.75%
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Delinquents: 30 to 59 days 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59%
60 to 89 days 1.02% 1.02% 1.02% 1.02% 1.02% 1.02% 1.02%
90+ days 1.97% 1.97% 1.97% 1.97% 1.97% 1.97% 1.97%
Monthly Payment Rate 14.03% 14.03% 14.03% 14.03% 14.03% 14.03% 14.03%
(98-2 paid out)
Card Trust COMT 97-2* COMT 98-1 COMT 98-2* COMT 98-3* COMT 98-4 COMT 99-1 COMT 99-2
Deal Size $502MM $591MM $502MM $464MM $750MM $625MM $625MM
Expected Maturity(Class A): 8/15/02 4/15/08 8/10/99 8/16/01 11/15/03 5/15/04 5/15/02
(NON-US (NON-US (NON-US
TRANSACTION) TRANSACTION) TRANSACTION)
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Excess Spread:
Portfolio Yield 22.10% 22.10% 22.10% 22.10% 22.10% 22.10% 22.10%
LESS: (Wt Avg) Coupon 5.03% 6.33% 5.68% 6.20% 5.60% 5.30% 5.25%
SVC Fees 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50%
Charge-Offs 3.58% 3.58% 3.58% 3.58% 3.58% 3.58% 3.58%
Excess Spread: Jul-99 11.99% 10.69% 11.34% 10.82% 11.42% 11.72% 11.77%
Jun-99 11.85% 10.68% 12.02% 11.19% 11.45% 11.18% 11.21%
May-99 11.63% 10.53% 11.87% 11.23% 11.34% 10.94% 0.00%
3-Mo Avg Excess Spread 11.82% 10.63% 11.74% 11.08% 11.40% 11.28% NA
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Delinquents: 30 to 59 days 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59%
60 to 89 days 1.02% 1.02% 1.02% 1.02% 1.02% 1.02% 1.02%
90+ days 1.97% 1.97% 1.97% 1.97% 1.97% 1.97% 1.97%
Monthly Payment Rate 14.03% 14.03% 14.03% 14.03% 14.03% 14.03% 14.03%
Card Trust COMT 99-3
Deal Size $500MM
Expected Maturity(Class A): 7/15/06
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Excess Spread:
Portfolio Yield 22.10%
LESS: (Wt Avg) Coupon 6.60%
SVC Fees 1.50%
Charge-Offs 3.58%
Excess Spread: Jul-99 10.42%
Jun-99 0.00%
May-99 0.00%
3-Mo Avg Excess Spread NA
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Delinquents: 30 to 59 days 1.59%
60 to 89 days 1.02%
90+ days 1.97%
Monthly Payment Rate 14.03%
* This material is for informational purposes only and is not an offer of
securities for sale in the United States. These securities will not be and have
not been registered under the Securities Act of 1933 and may not be offered or
sold in the United States absent registration or an applicable exemption from
the registration requirements.
COMMENTS:
Series 1994-3 pays out August 16, 1999
Series 1998-2 Class A pays out August 10,1999
Series 1998-2 pays out on August 16, 1999
Capital One Master Trust performance statistics are also available at
the Capital One web site: http://www.capitalone.com
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