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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

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



 Date of Report (Date of earliest event reported:)   May 15, 1998

                                                        
                                                                 
                  Chevy Chase Master Credit Card Trust II         
            _____________________________________________________ 
             (Exact name of registrant as specified in charter)


         Maryland               33-99334            52-0897004    
___________________________ ________________    _________________
State or other jurisdiction   (Commission        (I.R.S. Employer
of incorporation or organ-     File No.)      Identification No.  
ization


    C/O CHEVY CHASE BANK, F.S.B
    8401 Connecticut Avenue
    Chevy Chase, Maryland                             20815
______________________________________             _____________
Address of principal executive offices               Zip Code


Registrant's telephone number, including area code(301)-986-7000
                                                   _____________
                           Not Applicable
 ________________________________________________________________
 (Former name, former address, and former fiscal year, if changed
                       since last report)





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  Item 5.  Other Events
           None

  Item 7.  Financial Statements, Pro forma Financial Information  
           and Exhibits.

  Exhibit 99.1  Monthly Report to Certificateholders dated
            May 15, 1998 for Series 1995-A and 
            Series 1995-C and 1996-A and 1996-C.


                                   Signatures

  Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has caused this report to be signed
on behalf of the Chevy Chase Master Credit Card Trust by the
undersigned thereunto duly authorized.


                        Chevy Chase Master Credit Card Trust II

                          By:   Chevy Chase Bank, F.S.B.
                        Originator of the Trust and Servicer

 
                                   Mark A. Holles
 Dated:   May 15, 1998 By: ___________________________________

                                   Mark A. Holles                        
                                   Vice President