Exhibit 99.16 MBNA MASTER CREDIT CARD TRUST II SERIES 1996-E KEY PERFORMANCE FACTORS June 30, 1999 Expected B Maturity 06/16/03 Blended Coupon 5.1984% Excess Protection Level 3 Month Average 5.97% June, 1999 5.17% May, 1999 7.63% April, 1999 5.12% Cash Yield 17.44% Investor Charge Offs 5.06% Base Rate 7.20% Over 30 Day Delinquency 4.82% Seller's Interest 11.01% Total Payment Rate 13.71% Total Principal Balance $44,380,968,357.42 Investor Participation Amount $750,000,000.00 Seller Participation Amount $4,888,448,838.93