Exhibit 99.16 MBNA MASTER CREDIT CARD TRUST II SERIES 1996-D KEY PERFORMANCE FACTORS October 31, 1996 Expected B Maturity 05/15/01 Blended Coupon 5.5658% Excess Protection Level 3 Month Average 5.44% October, 1996 5.26% September, 1996 5.34% August, 1996 5.72% Cash Yield 16.74% Investor Charge Offs 3.73% Base Rate 7.75% Over 35 Day Delinquency 4.26% Seller's Interest 13.91% Total Payment Rate 12.45% Total Principal Balance $21,339,637,968.33 Investor Participation Amount $1,000,000,000.00 Seller Participation Amount $2,967,710,449.84