Exhibit 99.20 
 
MBNA MASTER CREDIT CARD TRUST II SERIES 1996-J 
 
KEY PERFORMANCE FACTORS 
February 28, 1997 
 
 
 
        Expected B Maturity                                        10/15/03 
 
 
        Blended Coupon                                              5.6173% 
 
 
 
        Excess Protection Level 
          3 Month Average   4.93% 
          February, 1997   5.40% 
          January, 1997   3.89% 
          December, 1996   5.50% 
 
 
        Cash Yield                                  16.84% 
 
 
        Investor Charge Offs                         4.37% 
 
 
        Base Rate                                    7.07% 
 
 
        Over 35 Day Delinquency                      4.65% 
 
 
        Seller's Interest                           16.44% 
 
 
        Total Payment Rate                          12.64% 
 
 
        Total Principal Balance                     $25,119,592,718.23 
 
 
        Investor Participation Amount               $1,000,000,000.00 
 
 
        Seller Participation Amount                 $4,129,965,199.74