Exhibit 99.49

MBNA MASTER CREDIT CARD TRUST II

SERIES 2000-H

KEY PERFORMANCE FACTORS
November 30, 2000



Expected B Maturity 8/16/10


Blended Coupon 6.9675%


Excess Protection Level
3 Month Average   5.16%
November, 2000   6.31%
October, 2000   6.14%
September, 2000   3.03%


Cash Yield19.74%


Investor Charge Offs 4.46%


Base Rate 8.97%


Over 30 Day Delinquency 5.24%


Seller's Interest11.84%


Total Payment Rate13.77%


Total Principal Balance$56,372,819,075.31


 Investor Participation Amount$700,000,000.00


Seller Participation Amount$6,672,128,513.82