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 14, 2000

                               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 1997-1 March Certificateholders' Statement

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

                Ex. 20c       Series 1998-2 March Securityholder's Statement

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

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

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

                Ex. 20g       Series 1999-3 March Securityholders's Statement

                Ex. 20h       Series 2000-1 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/ Paul T. Runice
                                          Paul T. Runice
                                          Senior Vice President and Treasurer

Dated:  April 14, 2000
[{"type": "8-K", "sequence": "1", "description": "MARCH CERTIFICATEHOLDER/SECURITYHOLDER STATEMENTS", "secsgml_size_bytes": 2457}]
[{"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": "601009"}, "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"}}, {"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": "601010"}, "business-address": {"street1": "600 SOUTH HIGHWAY 169", "street2": "SUITE 300", "city": "ST LOUIS PARK", "state": "MN", "zip": "55426", "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 14, 2000

                               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 1997-1 March Certificateholders' Statement

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

                Ex. 20c       Series 1998-2 March Securityholder's Statement

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

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

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

                Ex. 20g       Series 1999-3 March Securityholders's Statement

                Ex. 20h       Series 2000-1 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/ Paul T. Runice
                                          Paul T. Runice
                                          Senior Vice President and Treasurer

Dated:  April 14, 2000