Exhibit 99.3 MBNA MASTER CREDIT CARD TRUST II SERIES 1994-C KEY PERFORMANCE FACTORS November 30, 1996 Expected B Maturity 11/15/01 Blended Coupon 5.6701% Excess Protection Level 3 Month Average 5.25% November, 1996 5.35% October, 1996 5.15% September, 1996 5.24% Cash Yield 17.08% Investor Charge Offs 3.86% Base Rate 7.86% Over 35 Day Delinquency 4.38% Seller's Interest 15.65% Total Payment Rate 11.72% Total Principal Balance $ 22,372,660,639.66 Investor Participation Amount $ 1,000,000,000.00 Seller Participation Amount $ 3,500,733,121.17