STAR RECEIVABLES FUNDING INC
8-K, 2001-01-19
PERSONAL CREDIT INSTITUTIONS
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D. C. 20549

                                 ---------------

                                    FORM 8-K

                                 ---------------

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                                ----------------


     DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)   JANUARY 16, 2001


                                ----------------


                          JCP MASTER CREDIT CARD TRUST
                          (Issuer of the Certificates)

                         STAR RECEIVABLES FUNDING, INC.
             (Exact name of registrant as specified in its charter)



          DELAWARE                   0-17270                    74-2932856
(State or other jurisdiction       (Commission                (IRS Employer
      of incorporation)            File Number)             Identification No.)



1600 SUMMER STREET
STAMFORD, CONNECTICUT                                               06927
(Address of principal executive offices)                          (Zip Code)


(Registrant's telephone number, including area code):  (203) 357-4416





47660.1671
<PAGE>
Item 7.   Financial Statements and Exhibits.
          ----------------------------------

The following are filed as Exhibits to this Report:


         99.1     Monthly Certificateholders' Statement - Series E for the month
                  ended December 31, 2000.

















                                       2
<PAGE>
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.




                                  STAR RECEIVABLES FUNDING, INC.

Date: January 16, 2001            /s/ Ricky B.W. Davis
                                  ----------------------------------------
                                  Name: Ricky B.W. Davis
                                  Vice President and Assistant Secretary















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<PAGE>
                                INDEX TO EXHIBITS


Exhibit
Number                                       Exhibit
------                                       -------

 99.1             Monthly Certificateholders' Statement - Series E for the month
                  ended December 31, 2000.

















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