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 (Date of earliest event reported):

                                 April 17, 2002

                               METRIS MASTER TRUST
                            METRIS RECEIVABLES, INC.
                     (Originator of the Metris Master Trust)
             (Exact name of registrant as specified in its charter)


        Delaware                   000-23961                41-1810301
(State of Incorporation)    (Commission File Number)     (IRS Employer
                                                          Identification No.)



              10900 Wayzata Boulevard, Minnetonka, Minnesota 55305
                    (Address of principal executive offices)


                                 (952) 417-5645
              (Registrant's telephone number, including area code)





                            METRIS RECEIVABLES, INC.
                           Current Report on Form 8-K

Item 7.        Financial Statements and Exhibits

               Ex. 20a       Series 1997-1 March Certificateholders' Statement

               Ex. 20b       Series 1997-2 March Certificateholders' Statement

               Ex. 20c       Series 1998-3 March Securityholder's Statement

               Ex. 20d       Series 1999-1 March Securityholder's  Statement

               Ex. 20e       Series 1999-2 March Securityholder's Statement

               Ex. 20f       Series 1999-3 March Securityholder's Statement

               Ex. 20g       Series 2000-1 March Securityholders's Statement

               Ex. 20h       Series 2000-2 March Securityholder's Statement

               Ex. 20i       Series 2000-3 March Securityholder's Statement

               Ex. 20j       Series 2001-1 March Securityholder's Statement

               Ex. 20k       Series 2001-2 March Securityholder's Statement

               Ex. 20l       Series 2001-3 March Securityholder's Statement

               Ex. 20m       Series 2001-4 March Securityholder's Statement

                                      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 hereunto duly authorized.

                                      METRIS RECEIVABLES, INC.


                                      By:    /s/ Ralph A. Than
                                             Ralph A. Than
                                             Senior Vice President, Treasurer
Dated:  April 17, 2002
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[{"company-data": {"conformed-name": "METRIS RECEIVABLES INC", "cik": "0001003563", "assigned-sic": "6189", "irs-number": "411810301", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-23961", "film-number": "02612931"}, "business-address": {"street1": "10900 WAYZATA BLVD", "city": "MINNETONKA", "state": "MN", "zip": "55305", "phone": "6124175645"}, "mail-address": {"street1": "600 SOUTH HIGHWAY 169", "street2": "SUITE 300", "city": "ST LOUIS PARK", "state": "MN", "zip": "55426"}, "former-company": {"former-conformed-name": "FINGERHUT FINANCIAL SERVICES RECEIVABLES INC", "date-changed": "19951117"}}, {"company-data": {"conformed-name": "METRIS MASTER TRUST", "cik": "0001003564", "assigned-sic": "6189", "irs-number": "411810301", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-23961-01", "film-number": "02612932"}, "business-address": {"street1": "10900 WAYZATA BLVD", "city": "MINNETONKA", "state": "MN", "zip": "55305", "phone": "6129365077"}, "mail-address": {"street1": "600 SOUTH HWY 169", "street2": "STE 300", "city": "ST LOUIS PARK", "state": "MN", "zip": "55426"}, "former-company": {"former-conformed-name": "FINGERHUT FINANCIAL SERVICES MASTER TRUST", "date-changed": "19951117"}}]
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 (Date of earliest event reported):

                                 April 17, 2002

                               METRIS MASTER TRUST
                            METRIS RECEIVABLES, INC.
                     (Originator of the Metris Master Trust)
             (Exact name of registrant as specified in its charter)

        Delaware                   000-23961                41-1810301
(State of Incorporation)    (Commission File Number)     (IRS Employer
                                                          Identification No.)

              10900 Wayzata Boulevard, Minnetonka, Minnesota 55305
                    (Address of principal executive offices)

                                 (952) 417-5645
              (Registrant's telephone number, including area code)

                            METRIS RECEIVABLES, INC.
                           Current Report on Form 8-K

Item 7.        Financial Statements and Exhibits

               Ex. 20a       Series 1997-1 March Certificateholders' Statement

               Ex. 20b       Series 1997-2 March Certificateholders' Statement

               Ex. 20c       Series 1998-3 March Securityholder's Statement

               Ex. 20d       Series 1999-1 March Securityholder's  Statement

               Ex. 20e       Series 1999-2 March Securityholder's Statement

               Ex. 20f       Series 1999-3 March Securityholder's Statement

               Ex. 20g       Series 2000-1 March Securityholders's Statement

               Ex. 20h       Series 2000-2 March Securityholder's Statement

               Ex. 20i       Series 2000-3 March Securityholder's Statement

               Ex. 20j       Series 2001-1 March Securityholder's Statement

               Ex. 20k       Series 2001-2 March Securityholder's Statement

               Ex. 20l       Series 2001-3 March Securityholder's Statement

               Ex. 20m       Series 2001-4 March Securityholder's Statement

                                      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 hereunto duly authorized.

                                      METRIS RECEIVABLES, INC.

                                      By:    /s/ Ralph A. Than
                                             Ralph A. Than
                                             Senior Vice President, Treasurer
Dated:  April 17, 2002