<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION


                             Washington, D.C. 20549


                                   ----------


                                    FORM 10-K
                                 Current Report


              Annual Report Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                  For the fiscal year ended: December 31, 2000




                            CAPITAL ONE MASTER TRUST
                                CAPITAL ONE BANK
             (Exact name of registrant as specified in its charter)



           Virginia                                           54-1719855
------------------------------------                      ------------------
(State or other jurisdiction of                             (IRS Employer
        incorporation)                                    Identification No.)


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




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Securities registered pursuant to Section 12(b) of the Act:
         None

Securities Registered pursuant to Section 12(g) of the act:


Series 1995-1 Certificates
Floating Rate Class A Asset Backed Certificates, Series 1995-1

Series 1995-3 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1995-3

Series 1995-4 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1995-4

Series 1996-1 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1996-1

Series 1996-2 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1996-2

Series 1996-3 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1996-3

Series 1997-1 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1997-1

Series 1997-2 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1997-2

Series 1998-1 Certificates
6.310% Class A Asset Backed Certificates, Series 1998-1
6.356% Class B Asset Backed Certificates, Series 1998-1

Series 1998-3 Certificates
5.94507% Class A Asset Backed Certificates, Series 1998-3
Floating Rate Class B Asset Backed Certificates, Series 1998-3

Series 1998-4 Certificates
5.43% Class A Asset Backed Certificates, Series 1998-4


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Floating Rate Class B Asset Backed Certificates, Series 1998-4

Series 1999-1 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1999-1

Series 1999-2 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1999-2

Series 1999-3 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 1999-3

Series 2000-1 Certificates
7.1% Class A Asset Backed Certificates, Series 2000-1
7.35% Class B Asset Backed Certificates, Series 2000-1

Series 2000-2 Certificates
7.2% Class A Asset Backed Certificates, Series 2000-2
7.3% Class B Asset Backed Certificates, Series 2000-2

Series 2000-3 Certificates
Floating Rate Class A, Class B Asset Backed Certificates, Series 2000-3

Series 2000-4 Certificates
6.763% Class A Asset Backed Certificates, Series 2000-4
Floating Rate Class B Asset Backed Certificates, Series 2000-4

Series 2000-5 Certificates
6.6557% Class A Asset Backed Certificates, Series 2000-5
Floating Rate Class B Asset Backed Certificates, Series 2000-5

Securities to be registered pursuant to Section 12(g) of the Act:
         None

         Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for



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such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.

                                                             Yes  X  No
                                                                ----    ----

         Registrant does not have any voting stock.

         Registrant has not been involved in bankruptcy proceedings during the
         preceding five years.

         Registrant is not reporting as a corporate issuer.

         No documents have been incorporated by reference into this Form 10K.

                           THE INDEX APPEARS ON PAGE 8

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                                     Part I

Item 1.           Business
                  Not Applicable.

Item 2.           Properties
                  Not Applicable.

Item 3.           Legal Proceedings
                  The registrant knows of no material pending legal proceedings
                  with respect to the Trust, involving the Trust, the Trustee,
                  the Trust Assets or Capital One Bank.

Item 4.           Submission of Matters to a Vote of Security Holders
                  No matter was submitted during the fiscal year covered by this
                  report to a vote of Certificateholders.

                                     Part II

Item 5.           Market for Registrant's Common Equity and Related Stockholder
                  Matters
                  To the best knowledge of the registrant, there is no
                  established public trading market for the Certificates.

                  (a)   For purposes of this report, "Certificateholders"
                        includes Class A Certificateholders, Class B
                        Certificateholders, any holders of Class C Interest and
                        holders of any Collateral Indebtedness Interest.
                  (b)   Not Applicable.

Item 6.           Selected financial Data
                  Not Applicable.

Item 7.           Management's Discussion and Analysis of Financial condition
                  and Results of Operations

                  Not Applicable.

Item 8.           Financial Statements and Supplementary Data
                  Not Applicable.



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Item 9.           Changes in and Disagreements With Accountants on Accounting
                  and Financial Disclosure

                  None.

                                    Part III

Item 10.          Directors and Executive Officers of the Registrant
                  Not Applicable.

Item 11.          Executive Compensation
                  Not Applicable.

Item 12.          Security Ownership of Certain Beneficial Owners and Management

                  (a)      Not Applicable.
                  (b)      Not Applicable.
                  (c)      Not Applicable.

Item 13.          Certain Relationships and Related Transactions

                  (a)   The registrant knows of no transaction or series of
                        transactions during 2000 or any currently proposed
                        transaction or series of transactions, in an amount
                        exceeding $60,000, involving the Trust in which any
                        Certificateholder identified in item 12(a) or any other
                        beneficial owner of more than five percent of
                        Certificates known to the registrant had or will have a
                        direct or indirect material interest. There are no
                        persons of the types described in Item 404(a)(1), (2)
                        and (4).
                  (b)   Not applicable
                  (c)   Not Applicable


                                     Part IV

Item 14.          Exhibits, Financial Statement Schedules, and Reports on Form
                  8-K

                  Reports on Form 8-K.  The following Current Reports on Form:
                  8-K were filed by the registrant relating to 2000: Current
                  Reports on Form 8-K dated: January 18, 2000; February 15,
                  2000; March 15, 2000; April 17, 2000; May 15, 2000; June 15,
                  2000; July 17, 2000; August 16, 2000; September, 15, 2000;
                  October 16, 2000; November 15, 2000; December 15, 2000.



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                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                                                  Capital One Master Trust
                                                  (Registrant)

                                            By:   Capital One Bank
                                                  (Seller and Servicer)

                                            By:   /s/ David M. Willey
                                                  ------------------------------
                                                  David M. Willey
                                                  Senior Vice President and CFO



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<TABLE>
<CAPTION>
                           EXHIBIT INDEX                                                     PAGE NOS
<S>                       <C>                                                             <C>
Exhibit 99.0               Capital One Master Trust Aggregated Data for 2000.                    10

Exhibit 99.1               Annual Certificateholders' Statement required to be                   11
                           prepared pursuant to Series 1995-1 Supplement.

Exhibit 99.2               Annual Certificateholders' Statement required to be                   13
                           prepared pursuant to Series 1995-3 Supplement.

Exhibit 99.3               Annual Certificateholders' Statement required to be                   15
                           prepared pursuant to Series 1996-1 Supplement.

Exhibit 99.4               Annual Certificateholders' Statement required to be                   17
                           prepared pursuant to Series 1996-2 Supplement.

Exhibit 99.5               Annual Certificateholders' Statement required to be                   19
                           prepared pursuant to Series 1996-3 Supplement.

Exhibit 99.6               Annual Certificateholders' Statement required to be                   21
                           prepared pursuant to Series 1997-1 Supplement.

Exhibit 99.7               Annual Certificateholders' Statement required to be                   23
                           prepared pursuant to Series 1997-2 Supplement.

Exhibit 99.8               Annual Certificateholders' Statement required to be                   25
                           prepared pursuant to Series 1998-1 Supplement.

Exhibit 99.9               Annual Certificateholders' Statement required to be                   27
                           prepared pursuant to Series 1998-3 Supplement.

Exhibit 99.10              Annual Certificateholders' Statement required to be                   29
                           prepared pursuant to Series 1998-4 Supplement.

Exhibit 99.11              Annual Certificateholders' Statement required to be                   31
                           prepared pursuant to Series 1999-1 Supplement.
</TABLE>

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<TABLE>
<S>                       <C>                                                                  <C>
Exhibit 99.12              Annual Certificateholders' Statement required to be                   33
                           prepared pursuant to Series 1999-2 Supplement.

Exhibit 99.13              Annual Certificateholders' Statement required to be                   35
                           prepared pursuant to Series 1999-3 Supplement.

Exhibit 99.14              Annual Certificateholders' Statement required to be                   37
                           prepared pursuant to Series 2000-1 Supplement.

Exhibit 99.15              Annual Certificateholders' Statement required to be                   39
                           prepared pursuant to Series 2000-2 Supplement.

Exhibit 99.16              Annual Certificateholders' Statement required to be                   41
                           prepared pursuant to Series 2000-3 Supplement.

Exhibit 99.17              Annual Certificateholders' Statement required to be                   43
                           prepared pursuant to Series 2000-4 Supplement.

Exhibit 99.18              Annual Certificateholders' Statement required to be                   45
                           prepared pursuant to Series 2000-5 Supplement.
</TABLE>




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