8-K

UNITED STATES

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:  March 09, 2007

Capital One Funding, LLC

as Depositor on behalf of

Capital One Master Trust

(Exact name of registrant as specified in its charter)

Virginia	00–25762	54–2058720
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation)	File Number)	Identification No.)
Mail Stop: 12017-0500 140 East Shore Drive, Room 1071-B, Glen Allen, Virginia		23059
(Address of principal executive offices)		(Zip Code)

(Registrant’s telephone number, including area code):

(804) 290-6959

(Former name or former address, if changed since last report):

Not Applicable

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.	Other Events
	The February 2007 monthly Certificateholder’s Statements to investors were distributed March 09, 2007.
Item 9.01.	Exhibits
	The following are filed as exhibits to this Report under Exhibit 20:
	20.1	February 2007  Performance Summary
	20.2	Series 1998-1 Class A and Class B Certificateholder’s Statements for the month of February 2007
	20.3	Series 2000-3 Class A and Class B Certificateholder’s Statements for the month of February 2007
	20.4	Series 2001-1 Class A and Class B Certificateholder’s Statements for the month of February 2007
	20.5	Series 2001-6 Class A and Class B Certificateholder’s Statements for the month of February 2007
	20.6	Series 2002-1 Class A and Class B Certificateholder’s Statements for the month of February 2007
	20.7	Series 2002-2 Class A and Class B Certificateholder’s Statements for the month of February 2007
	20.8	Series 2002-4 Class A and Class B Certificateholder’s Statements for the month of February 2007
	20.9	Performance Summary

2

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, 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 FUNDING, LLC, as Depositor
	By:		/s/ Steve Richter
	Name: Steve Richter
	Title: Assistant Vice President

Date: March 09, 2007

3

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

EXHIBITS

TO

FORM 8-K

CAPITAL ONE FUNDING, LLC, as Depositor

CAPITAL ONE MASTER TRUST

CAPITAL ONE BANK

(Exact name of registrant as specified in its charter)

4

INDEX TO EXHIBITS

Exhibit
Number	Exhibits
20.1	February 2007 Performance Summary
20.2	Series 1998-1 Class A and Class B Certificateholder’s Statements for the month of February 2007
20.3	Series 2000-3 Class A and Class B Certificateholder’s Statements for the month of February 2007
20.4	Series 2001-1 Class A and Class B Certificateholder’s Statements for the month of February 2007
20.5	Series 2001-6 Class A and Class B Certificateholder’s Statements for the month of February 2007
20.6	Series 2002-1 Class A and Class B Certificateholder’s Statements for the month of February 2007
20.7	Series 2002-2 Class A and Class B Certificateholder’s Statements for the month of February 2007
20.8	Series 2002-4 Class A and Class B Certificateholder’s Statements for the month of February 2007
20.9	Performance Summary

5

EX-20.1

Exhibit 20.1

Capital One Master Trust (RECEIVABLES)*

MONTHLY PERIOD: February 2007

1)	Beginning of the Month Principal Receivables:	$	41,808,523,847.67
2)	Beginning of the Month Finance Charge Receivables:	$	716,595,727.32
3)	Beginning of the Month AMF Receivables :	$	61,095,726.79
4)	Beginning of the Month Discounted Receivables:	$	0.00
5)	Beginning of the Month Total Receivables:	$	42,586,215,301.76
6)	Removed Principal Receivables:	$	0.00
7)	Removed Finance Charge Receivables:	$	0.00
8)	Removed AMF Receivables	$	0.00
9)	Removed Total Receivables:	$	0.00
10)	Additional Principal Receivables:	$	1,505,386,922.83
11)	Additional Finance Charge Receivables:	$	6,782,323.19
12)	Additional AMF Receivables	$	305,807.58
13)	Additional Total Receivables:	$	1,512,475,053.60
14)	Discounted Receivables Generated this Period:	$	0.00
15)	End of the Month Principal Receivables:	$	42,114,842,464.38
16)	End of the Month Finance Charge Receivables:	$	720,602,817.40
17)	End of the Month AMF Receivables	$	54,473,484.56
18)	End of the Month Discounted Receivables:	$	0.00
19)	End of the Month Total Receivables:	$	42,889,918,766.34
20)	Excess Funding Account Balance	$	0.00
21)	Adjusted Invested Amount of all Master Trust Series	$	36,804,843,239.55
22)	End of the Month Seller Percentage	12.61		%

Capital One Master Trust (DELINQUENCIES AND LOSSES)

MONTHLY PERIOD: February 2007

			ACCOUNTS	RECEIVABLES
1)	End of the Month Delinquencies:
	2)	30 - 59 days delinquent	329,851	$	482,998,036.19
	3)	60 - 89 days delinquent	214,135	$	327,429,062.57
	4)	90+ days delinquent	472,932	$	791,431,323.49
	5)	Total 30+ days delinquent	1,016,918	$	1,601,858,422.25
	6)	Delinquencies 30 + Days as a Percent of End of the Month Total Receivables		3.73		%
7)	Defaulted Accounts during the Month		143,058	$	183,965,222.93
8)	Annualized Default Rate as a Percent of Beginning of the Month Principal Receivables			5.10		%

*For calculation purposes, Beginning of Month Principal Receivables includes Additional Principal Receivables

Capital One Master Trust (COLLECTIONS)

MONTHLY PERIOD: February 2007

			COLLECTIONS		PERCENTAGES
1)	Total Collections and Gross Payment Rate**		$	7,492,739,655.63	16.99		%
2)	Collections of Principal Receivables and Principal Payment Rate		$	6,752,198,625.19	15.59		%
	3)	Prior Month Billed Finance Charges and Fees	$	535,061,941.62
	4)	Amortized AMF Income	$	33,662,498.49
	5)	Interchange Collected	$	94,519,914.10
	6)	Recoveries of Charged Off Accounts	$	80,563,995.75
	7)	Collections of Discounted Receivables	$	0.00
	8)	Collections of Finance Charge Receivables and Annualized Yield	$	743,808,349.96	20.61		%
	Capital One Master Trust (AMF COLLECTIONS)
	MONTHLY PERIOD: February 2007
1)	Beginning Unamortized AMF Balance				$	187,284,239.33
	2)	+ AMF Slug	$	1,452,816.38
	3)	+ AMF Collections	$	30,395,178.97
	4)	- Amortized AMF Income	$	33,662,498.49
5)	Ending Unamortized AMF Balance				$	185,469,736.19

**Total Collections and Gross Payment Rate is calculated as a Percent of Beginning of Month Total Receivables which includes

Additional Total Receivables

EX-20.2

Exhibit 20.2

MONTHLY STATEMENT

Capital One Master Trust

SERIES 1998-1

Under the Amended and Restated Pooling and Servicing Agreement dated as of September 30, 1993, as amended and restated as of August 1, 2002 (as amended and supplemented, the “Agreement”), among Capital One Bank, as Servicer, Capital One Funding, LLC, as Transferor, and The Bank of New York, as Trustee (the “Trustee”), Capital One Bank 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 March 15, 2007, and with respect to the performance of the Trust during the month February, 2007, is set forth below. Certain 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 Monthly Statement have their respective meanings set forth in the Agreement.

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 March 15, 2007 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 on 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 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	$	0.00
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 March 15, 2007 per $1,000 Original Principal Amount	5.2966666187
	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 on 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 1998-1 Investor Certificate holder’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)	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 March 15, 2007 per $1,000 Original Principal Amount	4.8766666874
	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	4.8766666874
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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	$	0.00
	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	$	0.00
	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 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	$	0.00
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 giving		$	9,456,264.78
H)	The Required Cash Collateral Amount as of the close of business on the current 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		$	9,456,264.78

EX-20.3

Exhibit 20.3

MONTHLY STATEMENT

Capital One Master Trust

SERIES 2000-3

Under the Amended and Restated Pooling and Servicing Agreement dated as of September 30, 1993, as amended and restated as of August 1, 2002 (as amended and supplemented, the “Agreement”), among Capital One Bank, as Servicer, Capital One Funding, LLC, as Transferor, and The Bank of New York, as Trustee (the “Trustee”), Capital One Bank 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 March 15, 2007, 2007, and with respect to the performance of the Trust during the month February, 2007, is set forth below. Certain 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 Monthly Statement have their respective meanings set forth in the Agreement.

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 March 15, 2007 per $1,000 Original Principal Amount	4.2855555542
	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	4.2855555542
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2000-3 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 March 15, 2007 per $1,000 Original Principal Amount	4.5344444324
	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	4.5344444324
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2000-3 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)	Information Regarding Distributions to the Collateral Interest Holder (Stated on the Basis of $1,000 Original Principal Amount)
	1)	The total amount of the distribution to Collateral Interest Holder on Distribution Date: March 15, 2007 per $1,000 Original Principal Amount	6.5833333000
	2)	The amount of the distribution set forth in paragraph 1 above in respect of interest on the Collateral Interest, per $1,000 Original Principal Amount	6.5833333000
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on the Collateral Interest, per $1,000 Original Principal Amount	0.0000000000
F)	Collateral Interest Investor Charge Off’s and Reimbursement of Charge Off’s
	1)	The amount of Collateral Interest Investor Charge Off’s	$		0.00
	2)	The amount of Collateral Interest 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 Collateral Interest Investor Charge Off’s	$	0.00
	4)	The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount	0.0000000000

EX-20.4

Exhibit 20.4

MONTHLY STATEMENT

Capital One Master Trust

SERIES 2001-1

Under the Amended and Restated Pooling and Servicing Agreement dated as of September 30, 1993, as amended and restated as of August 1, 2002 (as amended and supplemented, the “Agreement”), among Capital One Bank, as Servicer, Capital One Funding, LLC, as Transferor, and The Bank of New York, as Trustee (the “Trustee”), Capital One Bank 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 March 15, 2007, and with respect to the performance of the Trust during the month February, 2007, is set forth below. Certain 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 Monthly Statement have their respective meanings set forth in the Agreement.

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 March 15, 2007 per $1,000 Original Principal Amount	4.2933333333
	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	4.2933333333
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2001-1 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 March 15, 2007 per $1,000 Original Principal Amount	4.5344444167
	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	4.5344444167
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2001-1 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)	Information Regarding Distributions to the Collateral Interest Holder (Stated on the Basis of $1,000 Original Principal Amount)
	1)	The total amount of the distribution to Collateral Interest Holder on Distribution Date: March 15,2007 per $1,000 Original Principal Amount	5.0477778095
	2)	The amount of the distribution set forth in paragraph 1 above in respect of interest on the Collateral Interest, per $1,000 Original Principal Amount	5.0477778095
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on the Collateral Interest, per $1,000 Original Principal Amount	0.0000000000
F)	Collateral Interest Investor Charge Off’s and Reimbursement of Charge Off’s
	1)	The amount of Collateral Interest Investor Charge Off’s	$	0.00
	2)	The amount of Collateral Interest 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 Collateral Interest Investor Charge Off’s	$	0.00
	4)	The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount	0.0000000000

EX-20.5

Exhibit 20.5

MONTHLY STATEMENT

Capital One Master Trust

SERIES 2001-6

Under the Amended and Restated Pooling and Servicing Agreement dated as of September 30, 1993, as amended and restated as of August 1, 2002 (as amended and supplemented, the “Agreement”), among Capital One Bank, as Servicer, Capital One Funding, LLC, as Transferor, and The Bank of New York, as Trustee (the “Trustee”), Capital One Bank 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 March 15, 2007 and with respect to the performance of the Trust during the month February, 2007, is set forth below. Certain 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 Monthly Statement have their respective meanings set forth in the Agreement.

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 March 15, 2007 per $1,000 Original Principal Amount	4.2855555598
	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	4.2855555598
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2001-6 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 March 15, 2007 per $1,000 Original Principal Amount	4.5266666923
	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	4.5266666923
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2001-6 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)	Information Regarding Distributions to the Collateral Interest Holder (Stated on the Basis of $1,000 Original Principal Amount)
	1)	The total amount of the distribution to Collateral Interest Holder on Distribution Date: March 15, 2007 per $1,000 Original Principal Amount	5.5833333626
	2)	The amount of the distribution set forth in paragraph 1 above in respect of interest on the Collateral Interest, per $1,000 Original Principal Amount	5.5833333626
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on the Collateral Interest, per $1,000 Original Principal Amount	0.0000000000
F)	Collateral Interest Investor Charge Off’s and Reimbursement of Charge Off’s
	1)	The amount of Collateral Interest Investor Charge Off’s	$	0.00
	2)	The amount of Collateral Interest 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 Collateral Interest Investor Charge Off’s	$	0.00
	4)	The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount	0.0000000000

EX-20.6

Exhibit 20.6

MONTHLY STATEMENT

Capital One Master Trust

SERIES 2002-1

Under the Amended and Restated Pooling and Servicing Agreement dated as of September 30, 1993, as amended and restated as of August 1, 2002 (as amended and supplemented, the “Agreement”), among Capital One Bank, as Servicer, Capital One Funding, LLC, as Transferor, and The Bank of New York, as Trustee (the “Trustee”), Capital One Bank 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 March 15, 2007, and with respect to the performance of the Trust during the month February, 2007, is set forth below. Certain 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 Monthly Statement have their respective meanings set forth in the Agreement.

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 March 15, 2007 per $1,000 Original Principal Amount	4.2933333292
	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	4.2933333292
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2002-1 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 March 15, 2007 per $1,000 Original Principal Amount	4.6044444000
	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	4.6044444000
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2002-1 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)	Information Regarding Distributions to the Collateral Interest Holder (Stated on the Basis of $1,000 Original Principal Amount)
	1)	The total amount of the distribution to Collateral Interest Holder on Distribution Date: March 15, 2007 per $1,000 Original Principal Amount	5.2266666286
	2)	The amount of the distribution set forth in paragraph 1 above in respect of interest on the Collateral Interest, per $1,000 Original Principal Amount	5.2266666286
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on the Collateral Interest, per $1,000 Original Principal Amount	0.0000000000
F)	Collateral Interest Investor Charge Off’s and Reimbursement of Charge Off’s
	1)	The amount of Collateral Interest Investor Charge Off’s	$	0.00
	2)	The amount of Collateral Interest 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 Collateral Interest Investor Charge Off’s	$	0.00
	4)	The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount	0.0000000000

EX-20.7

Exhibit 20.7

MONTHLY STATEMENT

Capital One Master Trust

SERIES 2002-2

Under the Amended and Restated Pooling and Servicing Agreement dated as of September 30, 1993, as amended and restated as of August 1, 2002 (as amended and supplemented, the “Agreement”), among Capital One Bank, as Servicer, Capital One Funding, LLC, as Transferor, and The Bank of New York, as Trustee (the “Trustee”), Capital One Bank 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 March 15, 2007, and with respect to the performance of the Trust during the month February, 2007, is set forth below. Certain 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 Monthly Statement have their respective meanings set forth in the Agreement.

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 March 15, 2007 per $1,000 Original Principal Amount	1,004.2388888933
		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	4.2388888933
		3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on the Class A Certificates, per $1,000 Original Principal Amount	1,000.0000000000
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 2002-2 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
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 March 15, 2007 per $1,000 Original Principal Amount	1,004.5655554839
		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	4.5655554839
		3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on the Class B Certificates, per $1,000 Original Principal Amount	1,000.0000000000

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 2002-2 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
E)	Information Regarding Distributions to the Collateral Interest Holder (Stated on the Basis of $1,000 Original Principal Amount)
	1)	The total amount of the distribution to Collateral Interest Holder on Distribution Date: March 15, 2007 per $1,000 Original Principal Amount	1,005.1877776959
	2)	The amount of the distribution set forth in paragraph 1 above in respect of interest on the Collateral Interest, per $1,000 Original Principal Amount	5.1877776959
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on the Collateral Interest, per $1,000 Original Principal Amount	1,000.0000000000
F)	Collateral Interest Investor Charge Off’s and Reimbursement of Charge Off’s
	1)	The amount of Collateral Interest Investor Charge Off’s	$	0.00
	2)	The amount of Collateral Interest 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 Collateral Interest Investor Charge Off’s	$	0.00
	4)	The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount	0.0000000000

EX-20.8

Exhibit 20.8

MONTHLY STATEMENT

Capital One Master Trust

SERIES 2002-4

Under the Amended and Restated Pooling and Servicing Agreement dated as of September 30, 1993, as amended and restated as of August 1, 2002 (as amended and supplemented, the “Agreement”), among Capital One Bank, as Servicer, Capital One Funding, LLC, as Transferor, and The Bank of New York, as Trustee (the “Trustee”), Capital One Bank 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 March 15, 2007, and with respect to the performance of the Trust during the month February, 2007, is set forth below. Certain 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 Monthly Statement have their respective meanings set forth in the Agreement.

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 March 15, 2007 per $1,000 Original Principal Amount	4.0833333333
		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	4.0833333333
		3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2002-4 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 March 15, 2007 per $1,000 Original Principal Amount	4.5266666667
		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	4.5266666667
		3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on 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 2002-4 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
E)	Information Regarding Distributions to the Collateral Interest Holder (Stated on the Basis of $1,000 Original Principal Amount)
	1)	The total amount of the distribution to Collateral Interest Holder on Distribution Date: March 15, 2007 per $1,000 Original Principal Amount	5.3433333333
	2)	The amount of the distribution set forth in paragraph 1 above in respect of interest on the Collateral Interest, per $1,000 Original Principal Amount	5.3433333333
	3)	The amount of the distribution set forth in paragraph 1 above in respect of principal on the Collateral Interest, per $1,000 Original Principal Amount	0.0000000000
F)	Collateral Interest Investor Charge Off’s and Reimbursement of Charge Off’s
	1)	The amount of Collateral Interest Investor Charge Off’s	$	0.00
	2)	The amount of Collateral Interest 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 Collateral Interest Investor Charge Off’s	$		0.00
	4)	The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount	0.0000000000

EX-20.9

Exhibit 20.9

CAPITAL ONE MASTER TRUST (COMT)

Performance Summary - February 2007

Capital One Master Trust (COMT)

Series		COMT 1998-1
Size		$	591 MM
Expected Maturity (Class A)		04/15/2008
Gross Monthly Payment Rate		16.99		%
Delinquency Rate:	30 - 59 Days	1.13		%
	60 - 89 Days	0.76		%
	90 + Days	1.85		%
Excess Spread Analysis
Series		COMT 1998-1
Portfolio Yield		18.38		%
Weighted Average Coupon		6.78		%
Servicing Fee Percentage		1.50		%
Net Loss Rate		2.86		%
Excess Spread Percentage
	Feb-07	7.23		%
	Jan-07	6.24		%
	Dec-06	7.16		%
3-Month Average Excess Spread		6.88		%

Capital One Master Trust (COMT)

Note: Servicing Fee Percentage includes 0.75% paid as Servicer Interchange to Capital One Bank as the Servicer of the Capital One Master Trust.

Capital One Master Trust (COMT)

Series		COMT 2000-3
Size		$	1,000 MM
Expected Maturity (Class A)		8/15/2007
Gross Monthly Payment Rate		16.99		%
Delinquency Rate:	30 - 59 Days	1.13		%
	60 - 89 Days	0.76		%
	90 + Days	1.85		%

Excess Spread Analysis

Series		COMT 2000-3
Portfolio Yield		18.38	%
Weighted Average Coupon		5.98	%
Servicing Fee Percentage		2.00	%
Net Loss Rate		2.86	%
Excess Spread Percentage
	Feb-07	7.53	%
	Jan-07	6.77	%
	Dec-06	7.87	%
3-Month Average Excess Spread		7.39	%

Capital One Master Trust (COMT)

Note: Servicing Fee Percentage includes 0.75% paid as Servicer Interchange to Capital One Bank as the Servicer of the Capital One Master Trust.

Capital One Master Trust (COMT)

Series		COMT 2001-1			COMT 2001-6
Size		$	1,200 MM		$	1,300 MM
Expected Maturity (Class A)		2/15/2008			8/15/2008
Gross Monthly Payment Rate		16.99		%	16.99		%
Delinquency Rate:	30 - 59 Days	1.13		%	1.13		%
	60 - 89 Days	0.76		%	0.76		%
	90 + Days	1.85		%	1.85		%

Excess Spread Analysis

Series		COMT 2001-1		COMT 2001-6
Portfolio Yield		18.38	%	18.38	%
Weighted Average Coupon		5.78	%	5.83	%
Servicing Fee Percentage		2.00	%	2.00	%
Net Loss Rate		2.86	%	2.86	%
Excess Spread Percentage
	Feb-07	7.73	%	7.68	%
	Jan-07	6.91	%	6.91	%
	Dec-06	7.96	%	7.99	%
3-Month Average Excess Spread		7.54	%	7.53	%

Capital One Master Trust (COMT)

Note: Servicing Fee Percentage includes 0.75% paid as Servicer Interchange to Capital One Bank as the Servicer of the Capital One Master Trust.

Capital One Master Trust (COMT)

Series		COMT 2002-1			COMT 2002-2			COMT 2002-4
Size		$	1,000 MM		$	620 MM		$	750 MM
Expected Maturity (Class A)		1/15/2009			3/15/2007			5/15/2007
Gross Monthly Payment Rate		16.99		%	16.99		%	16.99		%
Delinquency Rate:	30 - 59 Days	1.13		%	1.13		%	1.13		%
	60 - 89 Days	0.76		%	0.76		%	0.76		%
	90 + Days	1.85		%	1.85		%	1.85		%

Excess Spread Analysis

Series		COMT 2002-1		COMT 2002-2		COMT 2002-4
Portfolio Yield		18.38	%	18.40	%	18.38	%
Weighted Average Coupon		5.81	%	5.74	%	5.06	%
Servicing Fee Percentage		2.00	%	2.00	%	2.00	%
Net Loss Rate		2.86	%	2.86	%	2.86	%
Excess Spread Percentage
	Feb-07	7.70	%	7.79	%	8.45	%
	Jan-07	6.89	%	6.98	%	7.43	%
	Dec-06	7.93	%	8.01	%	8.31	%
3-Month Average Excess Spread		7.51	%	7.59	%	8.06	%

Capital One Master Trust (COMT)

Note: Servicing Fee Percentage includes 0.75% paid as Servicer Interchange to Capital One Bank as the Servicer of Capital One Master Trust.