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                     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 July
15, 1999, and with respect to the performance of the Trust during the month
June, 1999 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.


                                                                                                     
1)  The total amount of the distribution to Series 1994-A Certificateholders on the
Payment Date is                                                                                                4.3990216732
                                                                                                        -------------------


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  paragraph 1 above in respect of interest
on the Series 1994-A Certificates                                                                              4.3990216732
                                                                                                        -------------------


4)  The total amount of the distribution to Collateral Indebtedness Holder on the                              4.5729167371
                                                                                                        -------------------
Payment Date is


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 distribution set forth in 4 above in respect to interest                                 4.5729167371
                                                                                                        -------------------
on the Collateral Indebtedness Interest is


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