Exhibit 99.1 MBNA MASTER CREDIT CARD TRUST II SERIES 1994-A KEY PERFORMANCE FACTORS December 31, 1996 Expected B Maturity 9/15/99 Blended Coupon 5.8346% Excess Protection Level 3 Month Average 5.39% December, 1996 5.50% November, 1996 5.44% October, 1996 5.24% Cash Yield 17.30% Investor Charge Offs 3.97% Base Rate 7.83% Over 35 Day Delinquency 4.52% Seller's Interest 17.12% Total Payment Rate 11.85% Total Principal Balance $ 23,372,253,332.68 Investor Participation Amount $ 760,000,000.00 Seller Participation Amount $ 4,000,325,814.19