Exhibit 99.1 MBNA MASTER CREDIT CARD TRUST II SERIES 1994-C KEY PERFORMANCE FACTORS January 31, 2001 Expected B Maturity 11/15/01 Blended Coupon 6.1707% Excess Protection Level 3 Month Average 4.47% January, 2001 6.85% December, 2000 0.20% November, 2000 6.36% Cash Yield 19.75% Investor Charge Offs 4.73% Base Rate 8.17% Over 30 Day Delinquency 4.88% Seller's Interest 11.58% Total Payment Rate 14.47% Total Principal Balance $ 57,905,967,832.59 Investor Participation Amount $ 1,000,000,000.00 Seller Participation Amount $ 6,705,277,271.10