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):

                                  July 16, 1999

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


        Delaware                033-99514                 41-1810301
(State of Incorporation)  (Commission File Number)    (IRS Employer
                                                      Identification No.)



        600 South Highway 169, Suite 300, St. Louis Park, Minnesota 55426
                 (Address of principal executive offices)


                               (612) 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 1996-1 June Certificateholders' Statement

              Ex. 20b       Series 1997-1 June Certificateholders' Statement

              Ex. 20c       Series 1997-2 June Certificateholders' Statement

              Ex. 20d       Series 1998-2 June Securityholder's  Statement

              Ex. 20e       Series 1998-3 June 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/ Paul T. Runice
                                            Paul T. Runice
                                            Senior Vice President and Treasurer




Dated:  July 16, 1999
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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": "99665602"}, "business-address": {"street1": "600 SOUTH HIGHWAY 169", "street2": "SUITE 300", "city": "ST LOUIS PARK", "state": "MN", "zip": "55426", "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"}}
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):

                                  July 16, 1999

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

        Delaware                033-99514                 41-1810301
(State of Incorporation)  (Commission File Number)    (IRS Employer
                                                      Identification No.)

        600 South Highway 169, Suite 300, St. Louis Park, Minnesota 55426
                 (Address of principal executive offices)

                               (612) 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 1996-1 June Certificateholders' Statement

              Ex. 20b       Series 1997-1 June Certificateholders' Statement

              Ex. 20c       Series 1997-2 June Certificateholders' Statement

              Ex. 20d       Series 1998-2 June Securityholder's  Statement

              Ex. 20e       Series 1998-3 June 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/ Paul T. Runice
                                            Paul T. Runice
                                            Senior Vice President and Treasurer

Dated:  July 16, 1999