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Previous: AGRI NUTRITION GROUP LTD, 8-K, 1998-11-17 |
Next: GEMSTAR INTERNATIONAL GROUP LTD, 10-K/A, 1998-11-17 |
<PAGE> 1
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: November 16, 1998
CAPITAL ONE MASTER TRUST
CAPITAL ONE BANK
(Exact name of registrant as specified in its charter)
<TABLE>
<CAPTION>
Virginia 0-25762 54-1719855
-------- ------- ----------
<S> <C> <C>
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
</TABLE>
11013 West Broad Street Road, Glen Allen, Virginia 23060
- -------------------------------------------------- -----
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code):
(804) 967-1000
(Former name or former address, if changed since last report):
Not Applicable
Page 1 of 40
<PAGE> 2
ITEM 5. OTHER EVENTS.
The October 1998 monthly Certificateholder's Statements to investors
were distributed November 16, 1998.
ITEM 7 (C). EXHIBITS
The following are filed as exhibits to this Report under Exhibit 20:
1. October Performance Summary
2. Series 1993-1 Class A and Class B Certificateholder's Statements
for the month of October 1998.
3. Series 1993-4 Class A and Class B Certificateholder's Statements
for the month of October 1998.
4. Series 1994-3 Class A and Class B Certificateholder's Statements
for the month of October 1998.
5. Series 1994-A Certificateholders' Statement for the month of
October 1998.
6. Series 1995-1 Class A and Class B Certificateholder's Statements
for the month of October 1998.
7. Series 1995-3 Class A and Class B Certificateholder's Statements
for the month of October 1998.
8. Series 1996-1 Class A and Class B Certificateholder's Statements
for the month of October 1998.
9. Series 1996-2 Class A and Class B Certificateholder's Statements
for the month of October 1998.
10. Series 1996-3 Class A and Class B Certificateholder's Statements
for the month of October 1998.
11. Series 1997-1 Class A and Class B Certificateholder's Statements
for the month of October 1998.
12. Series 1997-2 Class A and Class B Certificateholder's Statements
for the month of October 1998.
Page 2 of 40
<PAGE> 3
13. Series 1998-1 Class A and Class B Certificateholder's Statements
for the month of October 1998.
14. Series 1998-2 Class A and Class B Certificateholder's Statements
for the month of October 1998.
15. Series 1998-3 Class A and Class B Certificateholder's Statement
for the month of October 1998.
16. Trust Excess Spread Analysis
SIGNATURE
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 there-unto duly authorized.
CAPITAL ONE MASTER TRUST
By: CAPITAL ONE BANK
Servicer
By: /s/ David M. Willey
--------------------------
David M. Willey
Senior Vice President and Treasurer
Date: November 16, 1998
Page 3 of 40
<PAGE> 4
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-------------------------
EXHIBITS
TO
FORM 8-K
CAPITAL ONE MASTER TRUST
CAPITAL ONE BANK
(Exact name of registrant as specified in its charter)
Page 4 of 40
<PAGE> 5
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
SEQUENTIALLY
EXHIBIT NUMBERED
NUMBER EXHIBITS PAGE
- ------- -------- ----
<S> <C> <C>
1 October Performance Summary 07
2 Series 1993-1 Class A and Class B Certificate-
holder's Statements for the month of October 1998 09
3 Series 1993-4 Class A and Class B Certificate-
holder's Statements for the month of October 1998 11
4 Series 1994-3 Class A and Class B Certificate-
holder's Statements for the month of October 1998 13
5 Series 1994-A Certificateholder's Statement for
the month of October 1998 15
6 Series 1995-1 Class A and Class B Certificate-
holder's Statements for the month of October 1998 16
7 Series 1995-3 Class A and Class B Certificate-
holder's Statements for the month of October 1998 18
8 Series 1996-1 Class A and Class B Certificate-
holder's Statements for the month of October 1998 20
9 Series 1996-2 Class A and Class B Certificate-
holder's Statements for the month of October 1998 22
</TABLE>
Page 5 of 40
<PAGE> 6
<TABLE>
<S> <C> <C>
10 Series 1996-3 Class A and Class B Certificate-
holder's Statements for the month of October 1998 24
11 Series 1997-1 Class A and Class B Certificate-
holder's Statements for the month of October 1998 26
12 Series 1997-2 Class A and Class B Certificate-
holder's Statements for the month of October 1998 28
13 Series 1998-1 Class A and Class B Certificate-
holder's Statements for the month of October 1998 31
14 Series 1998-2 Class A and Class B Certificate-
holder's Statements for the month of October 1998 34
15 Series 1998-3 Class A and Class B Certificate-
holder's Statements for the month of October 1998 37
16 Trust Excess Spread Analysis 40
</TABLE>
Page 6 of 40
<PAGE> 1
CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : October 1998
<TABLE>
<S> <C> <C>
Beginning of the Month Principal Receivables : 10,577,286,056.19
-------------------
Beginning of the Month Finance Charge Receivables : 327,059,971.37
-------------------
Beginning of the Month Discounted Receivables : 0.00
-------------------
Beginning of the Month Total Receivables : 10,904,346,027.56
-------------------
Removed Principal Receivables : 0.00
-------------------
Removed Finance Charge Receivables : 0.00
-------------------
Removed Total Receivables : 0.00
-------------------
Additional Principal Receivables : 0.00
-------------------
Additional Finance Charge Receivables : 0.00
-------------------
Additional Total Receivables : 0.00
-------------------
Discounted Receivables Generated this Period 0.00
-------------------
End of the Month Principal Receivables : 10,178,037,455.60
-------------------
End of the Month Finance Charge Receivables : 316,869,194.18
-------------------
End of the Month Discounted Receivables : 0.00
-------------------
End of the Month Total Receivables : 10,494,906,649.78
-------------------
Excess Funding Account Balance 0.00
-------------------
Adjusted Invested Amount of all Master Trust Series 9,351,663,137.39
-------------------
End of the Month Seller Percentage 8.12%
-------------------
CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : October 1998 ACCOUNTS RECEIVABLES
End of the Month Delinquencies :
30 - 59 Days Delinquent 133,145 185,545,859.74
------------------- -------------------
60 - 89 Days Delinquent 77,601 119,108,829.85
------------------- -------------------
90 + Days Delinquent 150,880 234,338,497.35
------------------- -------------------
Total 30 + Days Delinquent 361,626 538,993,186.94
------------------- -------------------
Delinquencies 30 + Days as a Percent of End of the
Month Total Receivables 5.14%
-------------------
Defaulted Accounts During the Month 51,032 62,229,012.63
------------------- -------------------
Annualized Default Rate as a Percent of Beginning of the
Month Principal Receivables 7.06%
-----------------
</TABLE>
Page 7 of 40
<PAGE> 2
<TABLE>
<S> <C> <C>
Total Collections and Gross Payment Rate 1,286,946,963.52 11.80%
------------------- -----------------
Collections of Principal Receivables and Principal Payment Rate 1,090,107,360.31 10.31%
------------------- -----------------
Prior Month Billed Finance Charge and Fees 165,498,669.10
-------------------
Amortized AMF Income 10,433,961.47
-------------------
Interchange Collected 8,994,978.36
-------------------
Recoveries of Charged Off Accounts 13,349,620.25
-------------------
Collections of Discounted Receivables 0.00
-------------------
Collections of Finance Charge Receivables and Annualized Yield 198,277,229.18 22.49%
------------------- -----------------
CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : October 1998
Beginning Unamortized AMF Balance 61,984,306.75
-----------------
+ AMF Slug for Added Accounts 0.00
-------------------
+ AMF Collections 8,996,335.50
-------------------
- Amortized AMF Income 10,433,961.47
-------------------
Ending Unamortized AMF Balance 60,546,680.78
-----------------
CAPITAL ONE MASTER TRUST (DISCOUNTED RECEIVABLES)
MONTHLY PERIOD : OCTOBER 1998
Gross Principal Payment Rate 10.31%
-------------------
May 17, 1994 3% Discount of Addition 50,184,973.92
-----------------
Total Discounted Receivables Collections as of Beginning of Month 50,184,973.92
-------------------
Collections of Discounted Receivables Current Month 0.00
-------------------
Discounted Receivables to be Collected 0.00
-----------------
</TABLE>
/s/ Douglas C.H. Adamson
-----------------------------
Douglas C.H. Adamson
Securitization Manager
Page 8 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1993-1
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $1,000 Original Principal Amount 0.0000000000
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1993-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
---------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 4.5000000000
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class B Certificates, per $1,000 Original Principal Amount. 4.5000000000
---------------------
</TABLE>
Page 9 of 40
<PAGE> 2
<TABLE>
<S> <C>
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor
Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1993-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
---------------------
</TABLE>
CAPITAL ONE BANK
as Servicer
By : /s/ Douglas C.H.Adamson
-----------------------
Name : Douglas C.H. Adamson
Title : Securitization Manager
Page 10 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1993-4
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 16, 1998 per $1,000 Original Principal Amount 5.0298577833
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class A Certificates, per $1,000 Original Principal Amount 5.0298577833
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor
Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1993-4 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
---------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders
on November 16, 1998 per $1,000 Original Principal Amount. 4.8333332967
---------------------
</TABLE>
Page 11 of 40
<PAGE> 2
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class B Certificates, per $1,000 Original Principal Amount. 4.8333332967
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1993-4 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
---------------------
</TABLE>
CAPITAL ONE BANK
as Servicer
By : /s/ Douglas C.H.Adamson
-----------------------
Name : Douglas C.H. Adamson
Title : Securitization Manager
Page 12 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1994-3
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 16, 1998 per $1,000 Original Principal Amount 4.9854133427
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.9854133427
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1994-3 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving effect
to all transactions on such Distribution Date 0.00
---------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 16, 1998 per $1,000 Original Principal Amount. 6.1250001228
---------------------
</TABLE>
Page 13 of 40
<PAGE> 2
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class B Certificates, per $1,000 Original Principal Amount. 6.1250001228
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1994-3 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving effect
to all transactions on such Distribution Date 0.00
---------------------
E) The Available Collateral Amount as of the close of business on the preceding
Distribution Date (after giving effect to any withdrawal from the Collateral
Account) was equal to 54,303,682
---------------------
F) The Required Collateral Amount as of the close of business on such
Distribution Date, after giving effect to any withdrawal from the Collateral
Account and payments to the Collateral Indebtedness Holder on such
Distribution Date, will be equal to 54,303,682
---------------------
</TABLE>
Page 14 of 40
<PAGE> 1
MONTHLY CERTIFICATEHOLDERS STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1994-A
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank, as Seller and Servicer (the
"Bank"), and the Bank of New York, as trustee (the "Trustee") and pursuant to
the Amended and Restated Series 1994-A Supplement dated as of November 17, 1994
and amended and restated as of October 31, 1997 among the Bank, the Trustee and
Union Bank of Switzerland, New York Branch, as servicing agent, the Bank as
Servicer is required to prepare certain information each month regarding current
distributions to Certificateholders and the performance of the Capital One
Master Trust (the "Trust") during the previous month. The information which is
required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts
<TABLE>
<S> <C>
1) The total amount of the distribution to Series 1994-A Certificateholders on the
Payment Date is 5.0670412053
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of
principal on the Series 1994-A Certificate is 0.0000000000
---------------------
3) The amount of the distribution set forth in paragrah 1 above in respect of interest
on the Series 1994-A Certificates 5.0670412053
---------------------
4) The total amount of the distribution to Collateral Indebtedness Holder on the
Payment Date is 5.2520799839
---------------------
5) The amount of the distribution set forth in 4 above in respect to principal 0.0000000000
on the Collateral Indebtedness Interest is ---------------------
6) The amount of the distributioin set forth in 4 above in respect to interest 5.2520799839
on the Collateral Indebtedness Interest is ---------------------
</TABLE>
Page 15 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1995-1
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $1,000 Original Principal Amount 4.9765244444
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.9765244444
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1995-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Invested Amount after giving effect to all transactions
on such Distribution Date 0.00
---------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.0743022222
---------------------
</TABLE>
Page 16 of 40
<PAGE> 2
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class B Certificates, per $1,000 Original Principal Amount. 5.0743022222
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1995-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.00
---------------------
E) The Available Collateral Amount as of the close of business on the preceding
Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 99,000,000
---------------------
F) The Required Collateral Amount as of the close of business on such Distribution Date, after
giving effect to any withdrawal from the Collateral Account and payments to the Collateral
Indebtedness Holder on such Distribution Date, will be equal to 99,000,000
---------------------
</TABLE>
Page 17 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1995-3
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 16, 1998 per $1,000 Original Principal Amount 4.9409688929
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.9409688929
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1995-3 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.00
---------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.0387466667
---------------------
</TABLE>
Page 18 of 40
<PAGE> 2
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in respect
of interest on the Class B Certificates, per $1,000 Original Principal Amount. 5.0387466667
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect
of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1995-3 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class B Certificates
exceeds the Class B Invested Amount after giving effect to all transactions on such
Distribution Date 0.00
---------------------
E) The Available Collateral Amount as of the close of business on the preceding Distribution
Date (after giving effect to any withdrawal from the Collateral Account) was equal to 73,500,000
---------------------
F) The Required Collateral Amount as of the close of business on such Distribution Date, after giving
effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder
on such Distribution Date, will be equal to 73,500,000
---------------------
</TABLE>
Page 19 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1996-1
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 16, 1998 per $1,000 Original Principal Amount 14.6800694379
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates, per $1,000 Original Principal Amount 14.6800694379
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $10,000 Original Principal Amount 146.8006943787
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates 146.8006943787
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates 0.0000000000
---------------------
C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $100,000 Original Principal Amount 1,468.0069437870
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates 1,468.0069437870
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates 0.0000000000
---------------------
</TABLE>
Page 20 of 40
<PAGE> 2
<TABLE>
<S> <C>
D) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1996-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.0476355940
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class B Certificates, per $1,000 Original Principal Amount. 5.0476355940
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
F) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1996-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
G) The Available Collateral Amount as of the close of business on the preceding
Distribution Date (after giving effect to any withdrawal from the Collateral Account)
was equal to 59,150,000
---------------------
H) The Required Collateral Amount as of the close of business on such Distribution Date,
after giving effect to any withdrawal from the Collateral Account and payments to the
Collateral Indebtedness Holder on such Distribution Date, will be equal to 59,150,000
---------------------
</TABLE>
Page 21 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1996-2
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $1,000 Original Principal Amount 4.8965244500
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates, per $1,000 Original Principal Amount 4.8965244500
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $10,000 Original Principal Amount 48.9652445000
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates 48.9652445000
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates 0.00
---------------------
C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $100,000 Original Principal Amount 489.6524450000
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates 489.6524450000
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates 0.0000000000
---------------------
</TABLE>
Page 22 of 40
<PAGE> 2
<TABLE>
<S> <C>
D) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1996-2 Investor Certificateholder's
Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Invested Amount after giving effect to all transactions
on such Distribution Date 0.00
---------------------
E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.1009688485
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class B Certificates, per $1,000 Original Principal Amount. 5.1009688485
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class B Certificates, per $1,000 Original Principal Amount. 0.00
---------------------
F) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1996-2 Investor Certificateholder's
Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such
Distribution Date 0.00
---------------------
G) The Available Collateral Amount as of the close of business on the preceding
Distribution Date (after giving effect to any withdrawal from the Collateral
Account) was equal to 67,500,000
---------------------
H) The Required Collateral Amount as of the close of business on such
Distribution Date, after giving effect to any withdrawal from the Collateral
Account and payments to the Collateral Indebtedness Holder on such Distribution
Date, will be equal to
67,500,000
---------------------
</TABLE>
Page 23 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1996-3
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $1,000 Original Principal Amount 4.9143022250
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates, per $1,000 Original Principal Amount 4.9143022250
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1996-3 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.00
---------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.1276356364
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class B Certificates, per $1,000 Original Principal Amount. 5.1276356364
---------------------
</TABLE>
Page 24 of 40
<PAGE> 2
<TABLE>
<S> <C>
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class B Certificates, per $1,000 Original Principal Amount. 0.00
---------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1996-3 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.00
---------------------
E) The Available Collateral Amount as of the close of business on the preceding
Distribution Date (after giving effect to any withdrawal from the Collateral
Account) was equal to 45,000,000
---------------------
F) The Required Collateral Amount as of the close of business on such
Distribution Date, after giving effect to any withdrawal from the Collateral
Account and payments to the Collateral Indebtedness Holder on such Distribution
Date, will be equal to
45,000,000
---------------------
</TABLE>
Page 25 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1997-1
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $1,000 Original Principal Amount 0.0000000000
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $10,000 Original Principal Amount 0.0000000000
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates 0.0000000000
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates 0.0000000000
---------------------
C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $100,000 Original Principal Amount 0.0000000000
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates 0.0000000000
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates 0.0000000000
---------------------
D) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
---------------------
</TABLE>
Page 26 of 40
<PAGE> 2
<TABLE>
<S> <C>
2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1997-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.0743022183
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class B Certificates, per $1,000 Original Principal Amount. 5.0743022183
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
F) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1997-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
G) The Available Collateral Amount as of the close of business on the preceding
Distribution Date (after giving effect to any withdrawal from the Collateral Account)
was equal to 54,744,750
---------------------
H) The Required Collateral Amount as of the close of business on such Distribution Date,
after giving effect to any withdrawal from the Collateral Account and payments to the
Collateral Indebtedness Holder on such Distribution Date, will be equal to 54,744,750
---------------------
</TABLE>
Page 27 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1997-2
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $1,000 Original Principal Amount 14.5005972074
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates, per $1,000 Original Principal Amount 14.5005972074
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $10,000 Original Principal Amount 145.0059720740
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates 145.0059720740
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates 0.0000000000
---------------------
C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $100,000 Original Principal Amount 1,450.0597207400
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates 1,450.0597207400
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates 0.0000000000
---------------------
D) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
---------------------
</TABLE>
Page 28 of 40
<PAGE> 2
<TABLE>
<S> <C>
2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1997-2 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Invested Amount after giving effect to all transactions
on such Distribution Date 0.0000000000
---------------------
E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.0743022127
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class B Certificates, per $1,000 Original Principal Amount. 5.0743022127
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
F) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1997-2 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Invested Amount after giving effect to all transactions
on such Distribution Date 0.0000000000
---------------------
G) Information Regarding Distributions to the Class C Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class C Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.2743023233
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class C Certificates, per $1,000 Original Principal Amount. 5.2743023233
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class C Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
</TABLE>
Page 29 of 40
<PAGE> 3
<TABLE>
<S> <C>
H) Class C Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class C Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class C Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class C Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1997-2 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class C
Certificates exceeds the Class C Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
I) The Available Collateral Amount as of the close of business on the preceding Distribution Date
(after giving effect to any withdrawal from the Collateral Account) was equal to 55,243,375
---------------------
J) The Required Collateral Amount as of the close of business on the upcoming
Distribution Date, after giving effect to any withdrawal from the Collateral Account
and payments to the Class C Interest Holder on such Distribution Date, will be equal to 55,243,375
---------------------
</TABLE>
Page 30 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1998-1
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $1,000 Original Principal Amount 5.2583333400
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates, per $1,000 Original Principal Amount 5.2583333400
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1998-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.2966666187
---------------------
</TABLE>
Page 31 of 40
<PAGE> 2
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class B Certificates, per $1,000 Original Principal Amount. 5.2966666187
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1998-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
E) Information Regarding Distributions to the Class C Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class C Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.6520798775
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class C Certificates, per $1,000 Original Principal Amount. 5.6520798775
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class C Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
F) Class C Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class C Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class C Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class C Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1998-1 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class C
Certificates exceeds the Class C Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
</TABLE>
Page 32 of 40
<PAGE> 3
<TABLE>
<S> <C>
G) The Available Cash Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from the
Collateral Account) was equal to 9,456,264.78
---------------------
H) The Required Cash Collateral Amount as of the close of business on the
upcoming Distribution Date, after giving effect to any withdrawal from the Cash
Collateral Account and payments to the Class C Interest Holder on such
Distribution Date, will be equal to 9,456,264.78
---------------------
</TABLE>
Page 33 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1998-2
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on September 15, 1998
per $1,000 Original Principal Amount 0.0000000000
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1998-2 Investor Certificateholder's
Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on September 15, 1998
per $1,000 Original Principal Amount. 4.9409688800
---------------------
</TABLE>
Page 34 of 40
<PAGE> 2
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class B Certificates, per $1,000 Original Principal Amount. 4.9409688800
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1998-2 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
E) Information Regarding Distributions to the Class C Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class C Certificateholders on August 17, 1998
per $1,000 Original Principal Amount. 5.1187467922
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class C Certificates, per $1,000 Original Principal Amount. 5.1187467922
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class C Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
F) Class C Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class C Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class C Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class C Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1998-2 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class C
Certificates exceeds the Class C Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
</TABLE>
Page 35 of 40
<PAGE> 3
<TABLE>
<S> <C>
G) The Available Cash Collateral Amount as of the close of business on the preceding Distribution
Date (after giving effect to any withdrawal from the Collateral Account) was equal to 8,778,679.00
---------------------
H) The Required Cash Collateral Amount as of the close of business on the upcoming Distribution Date,
after giving effect to any withdrawal from the Cash Collateral Account and payments to the Class C
Interest Holder on such Distribution Date, will be equal to 8,778,679.00
---------------------
</TABLE>
Page 36 of 40
<PAGE> 1
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1998-3
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 16,
1998, and with respect to the performance of the Trust during the month October,
1998 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on November 16, 1998
per $1,000 Original Principal Amount 0.0000000000
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
---------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1998-3 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on November 16, 1998
per $1,000 Original Principal Amount. 5.0120799051
---------------------
</TABLE>
Page 37 of 40
<PAGE> 2
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class B Certificates, per $1,000 Original Principal Amount. 5.0120799051
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal
Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1998-3 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
E) Information Regarding Distributions to the Class C Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class C Certificateholders on August 17, 1998
per $1,000 Original Principal Amount. 5.2076354579
---------------------
2) The amount of the distribution set forth in paragraph 1 above in respect of interest
on the Class C Certificates, per $1,000 Original Principal Amount. 5.2076354579
---------------------
3) The amount of the distribution set forth in paragraph 1 above in respect of principal
of the Class C Certificates, per $1,000 Original Principal Amount. 0.0000000000
---------------------
F) Class C Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class C Investor Charge Off's 0.0000000000
---------------------
2) The amount of Class C Investor Charge Off's set forth in paragraph 1 above, per $1,000
Original Principal Amount 0.0000000000
---------------------
3) The total amount reimbursed to the Trust in respect of Class C Investor Charge Off's 0.0000000000
---------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount
(which will have the effect of increasing, pro rata, the amount of each Series
1998-3 Investor Certificateholder's Investment) 0.0000000000
---------------------
5) The amount, if any, by which the outstanding principal balance of the Class C
Certificates exceeds the Class C Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
---------------------
</TABLE>
Page 38 of 40
<PAGE> 3
<TABLE>
<S> <C>
G) The Available Cash Collateral Amount as of the close of business on the preceding
Distribution Date (after giving effect to any withdrawal from the Collateral Account)
was equal to 6,227,718.00
---------------------
H) The Required Cash Collateral Amount as of the close of business on the upcoming
Distribution Date, after giving effect to any withdrawal from the Cash Collateral
Account and payments to the Class C Interest Holder on such Distribution Date, will be
equal to 6,226,849.65
---------------------
</TABLE>
Page 39 of 40
<PAGE> 1
CAPITAL ONE MASTER TRUST
TRUST EXCESS SPREAD ANALYSIS - OCTOBER-98
<TABLE>
<CAPTION>
Card Trust COMT 93-1 COMT 93-4 COMT 94-3 COMT 95-1 COMT 95-3
Deal Size $500MM $700MM $453MM $900MM $1050MM
Expected Maturity: 10/15/98 1/15/99 6/15/99 6/15/00 8/15/00
Class A In Accumulation
Paid Out Period
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Excess Spread:
Portfolio Yield 9.84% 18.19% 20.98% 20.98% 20.98%
LESS: (Wt Avg) Coupon 0.54% 5.53% 5.66% 5.51% 5.48%
SVC Fees 0.57% 1.65% 2.00% 2.00% 2.00%
Charge-Offs 1.59% 4.57% 5.55% 5.55% 5.55%
Excess Spread: Oct-98 7.14% 6.44% 7.77% 7.92% 7.95%
Sep-98 3.81% 7.26% 7.10% 7.27% 7.31%
Aug-98 6.27% 6.94% 6.78% 6.97% 7.01%
3-Mo Avg Excess Spread 5.74% 6.88% 7.22% 7.39% 7.42%
- -------------------------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.77% 1.77% 1.77% 1.77% 1.77%
60 to 89 days 1.13% 1.13% 1.13% 1.13% 1.13%
90+ days 2.23% 2.23% 2.23% 2.23% 2.23%
Monthly Payment Rate 11.80% 11.80% 11.80% 11.80% 11.80%
</TABLE>
<TABLE>
<CAPTION>
Card Trust COMT 96-1* COMT 96-2 COMT 96-3 COMT 97-1* COMT 97-2*
Deal Size $845MM $750MM $500MM $608MM $502MM
Expected Maturity: 8/15/01 12/15/01 1/15/04 6/15/02 8/15/02
(NON-US (NON-US (NON-US
TRANSACTION) TRANSACTION) TRANSACTION)
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Excess Spread:
Portfolio Yield 20.98% 20.98% 20.98% 20.98% 20.98%
LESS: (Wt Avg) Coupon 5.68% 5.45% 5.48% 5.42% 5.63%
SVC Fees 1.50% 1.50% 1.50% 1.50% 1.50%
Charge-Offs 5.55% 5.55% 5.55% 5.55% 5.55%
Excess Spread: Oct-98 8.25% 8.48% 8.45% 8.51% 8.30%
Sep-98 7.75% 7.84% 7.81% 8.01% 7.80%
Aug-98 7.49% 7.54% 7.51% 7.60% 7.54%
3-Mo Avg Excess Spread 7.83% 7.95% 7.92% 8.04% 7.88%
- -------------------------------------------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.77% 1.77% 1.77% 1.77% 1.77%
60 to 89 days 1.13% 1.13% 1.13% 1.13% 1.13%
90+ days 2.23% 2.23% 2.23% 2.23% 2.23%
Monthly Payment Rate 11.80% 11.80% 11.80% 11.80% 11.80%
</TABLE>
<TABLE>
<CAPTION>
Card Trust COMT 98-1 COMT 98-2* COMT 98-3*
Deal Size $591MM $502MM $464MM
Expected Maturity: 4/15/08 8/11/03 8/17/05
(NON-US (NON-US
TRANSACTION) TRANSACTION)
- --------------------------------------------------------------------------------
<S> <C> <C> <C>
Excess Spread:
Portfolio Yield 20.98% 20.98% 20.98%
LESS: (Wt Avg) Coupon 6.35% 5.24% 6.23%
SVC Fees 1.50% 1.50% 1.50%
Charge-Offs 5.55% 5.55% 5.55%
Excess Spread: Oct-98 7.58% 8.69% 7.70%
Sep-98 7.26% 8.04% 7.72%
Aug-98 7.09% N/A N/A
3-Mo Avg Excess Spread 7.31% 8.37% 7.71%
- --------------------------------------------------------------------------------
Delinquents: 30 to 59 days 1.77% 1.77% 1.77%
60 to 89 days 1.13% 1.13% 1.13%
90+ days 2.23% 2.23% 2.23%
Monthly Payment Rate 11.80% 11.80% 11.80%
</TABLE>
* 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:
On October 15, 1998, the Expected Maturity Date, Series 1995-2 received final
repayment of B and enhancement class. Also on October 15, 1998, the Expected
Maturity Date, Series 1993-1 received final repayment of the A class.
Capital One Master Trust performance statistics are also available at the
Capital One web site: http://www.capitalone.com (Under "For Investors" section)
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