Exhibit 20.4

MONTHLY STATEMENT

CAPITAL ONE MASTER TRUST (COMT)

Performance Summary - July 2008

Capital One Master Trust (COMT)

Series		COMT 2001-6
Size		$	1,300 MM
Expected Maturity (Class A)		8/15/2008
Gross Monthly Payment Rate		19.19		%
Delinquency Rate:	30 - 59 Days	1.20		%
	60 - 89 Days	0.93		%
	90 + Days	2.21		%

Excess Spread Analysis

Series		COMT 2001-6
Portfolio Yield		19.21	%
Weighted Average Coupon		2.95	%
Servicing Fee Percentage		2.00	%
Net Loss Rate		5.26	%
Excess Spread Percentage
	Jul-08	9.00	%
	Jun-08	8.55	%
	May-08	9.71	%
3-Month Average Excess Spread		9.09	%

Capital One Master Trust (COMT)

Note: Servicing Fee Percentage includes 0.75% paid as Servicer Interchange to Capital One Bank (USA), National Association as the Servicer of the Capital One Master Trust.

CAPITAL ONE MASTER TRUST (COMT)

Performance Summary - July 2008

Capital One Master Trust (COMT)

Series		COMT 2002-1
Size		$	1,000 MM
Expected Maturity (Class A)		1/15/2009
Gross Monthly Payment Rate		19.19		%
Delinquency Rate:	30 - 59 Days	1.20		%
	60 - 89 Days	0.93		%
	90 + Days	2.21		%

Excess Spread Analysis

Series		COMT 2002-1
Portfolio Yield		19.20	%
Weighted Average Coupon		2.74	%
Servicing Fee Percentage		2.00	%
Net Loss Rate		5.26	%
Excess Spread Percentage
	Jul-08	9.20	%
	Jun-08	8.78	%
	May-08	9.89	%
3-Month Average Excess Spread		9.29	%

Capital One Master Trust (COMT)

Note: Servicing Fee Percentage includes 0.75% paid as Servicer Interchange to Capital One Bank (USA), National Association as the Servicer of the Capital One Master Trust.