Exhibit 99.47

MBNA MASTER CREDIT CARD TRUST II

SERIES 2000-H

KEY PERFORMANCE FACTORS
May 31, 2001



Expected B Maturity 8/16/10


Blended Coupon 4.4700%


Excess Protection Level
3 Month Average   7.66%
May, 2001   7.59%
April, 2001   7.45%
March, 2001   7.95%


Cash Yield19.67%


Investor Charge Offs 5.45%


Base Rate 6.62%


Over 30 Day Delinquency 4.84%


Seller's Interest 8.52%


Total Payment Rate14.20%


Total Principal Balance$58,203,705,030.43


 Investor Participation Amount$700,000,000.00


Seller Participation Amount$4,958,014,468.94