EXHIBIT C SCHEDULE TO MONTHLY NOTEHOLDERS' STATEMENT MBNAseries MBNA CREDIT CARD MASTER NOTE TRUST MONTHLY PERIOD ENDING June 30, 2001 Reference is made to the 2001-D Supplement (the "Series 2001-D" Supplement), dated as of May 24, 2001, between MBNA America Bank, National Association, a national banking association (the "Bank"), as Seller and Servicer, and The Bank of New York, as Trustee, the Indenture (the "Indenture"), dated as of May 24, 2001 and the Indenture Supplement (the "Indenture Supplement"), dated as of May 24, 2001 , each between MBNA Credit Card Master Note Trust, as Issuer, and "The Bank of New York, as Indenture Trustee. Terms used herein and not defined herein have the meanings ascribed to them in the 2001-D Supplement, the Indenture and the Indenture Supplement, as applicable. The following computations are prepared with respect to the Transfer Date of July 13, 2001 and with respect to the performance of the Trust during the related Monthly Period. - A. Targeted deposits to Interest Funding sub-Accounts: Targeted Deposit Actual Deposit to Shortfall from Interest Funding Interest Funding to Interest Interest Funding earlier Monthly sub-account Balance sub-Account Funding sub-Account for Periods prior to Withdrawals Earnings sub-Account for applicable Monthly applicable Monthly Period Period Class A: Class A(2001-1) $7,187,500.00 $7,187,500.00 $0.00 $7,187,500.00 $0.00 Class A Total: $7,187,500.00 $7,187,500.00 $0.00 $7,187,500.00 $0.00 Class B: Class B(2001-1) $1,619,687.50 $1,619,687.50 $0.00 $1,619,687.50 $0.00 Class B Total: $1,619,687.50 $1,619,687.50 $0.00 $1,619,687.50 $0.00 Class C: Class C(2001-1) $1,868,125.00 $1,868,125.00 $0.00 $1,868,125.00 $0.00 Class C Total: $1,868,125.00 $1,868,125.00 $0.00 $1,868,125.00 $0.00 Total: $10,675,312.50 $10,675,312.50 $0.00 $10,675,312.50 $0.00
- B. Interest to be paid on the corresponding Payment Date: Amount of interest to be paid on corresponding Interest Payment Date CUSIP Interest Payment Date InterestRate Number Class A Class A(2001-1) 55264TAC5 July 16, 2001 5.7500000% $7,187,500.00 Total Class A $7,187,500.00 Class B Class B(2001-1) 55264TAA9 July 16, 2001 4.3550000% $1,619,687.50 Total Class B $1,619,687.50 Class C Class C(2001-1) 55264TAB7 July 16, 2001 5.0300000% $1,868,125.00 Total Class C $1,868,125.00
- C. Targeted deposits to Class C Reserve sub-Accounts: Targeted Deposit to Actual Deposit Class C Reserve Class C Class C Reserve to Class C sub-Account Balance Reserve sub-Account for Reserve on Transfer Date sub-Account applicable Monthly sub- Account for prior to withdrawals Earnings Period applicable Monthly Period Class C(2001-1) $0.00 $0.00 $0.00 $0.00 Total Class C: $0.00 $0.00 $0.00 $0.00
- D. Withdrawals to be made from the C Reserve sub-Accounts on the corresponding Transfer Date: Withdrawals for Withdrawals for Class C Reserve Interest Principal sub- Account Balance on Transfer Date after withdrawals Class C Class C(2001-1) $0.00 $0.00 $0.00 Total Class C: $0.00 $0.00 $0.00
- E. Targeted deposits to Principal Funding sub-Accounts: Targeted Deposit to Actual Deposit to Shortfall from Principal Principal Funding Principal Funding Principal Funding earlier Monthly Funding sub-Account sub-Account for sub-Account for Periods sub- Account Earnings applicable Monthly applicable Monthly Balance on Period Period Transfer Date
NOTHING TO REPORT - F. Principal to be paid on the corresponding Principal Payment Date: CUSIP Number Principal Amount of principal Payment Date to be paid on corresponding Principal Payment Date
NOTHING TO REPORT - G. Stated Principal Amount, Outstanding Dollar Principal Amount and Nominal Liquidation Amount for the related Monthly Period (after taking into account deposits and withdrawals on the related Transfer Date): Initial Dollar Outstanding Adjusted Outstanding Nominal Liquidation Principal Amount Principal Principal Amount Amount Amount Class A Class A(2001-1) $1,000,000,000.00 $1,000,000,000.00 $1,000,000,000.00 $1,000,000,000.00 Total Class A: $1,000,000,000.00 $1,000,000,000.00 $1,000,000,000.00 $1,000,000,000.00 Class B Class B(2001-1) $250,000,000.00 $250,000,000.00 $250,000,000.00 $250,000,000.00 Total Class B: $250,000,000.00 $250,000,000.00 $250,000,000.00 $250,000,000.00 Class C Class C(2001-1) $250,000,000.00 $250,000,000.00 $250,000,000.00 $250,000,000.00 Total Class C: $250,000,000.00 $250,000,000.00 $250,000,000.00 $250,000,000.00 Total: $1,500,000,000.00 $1,500,000,000.00 $1,500,000,000.00 $1,500,000,000.00
- H. Class A Usage of Class B and Class C Subordinated Amounts: Class A Usage of Class A Usage of Class Cumulative Class A Cumulative Class A Class B C Subordinated Amount Usage of Class B Usage of Class C Subordinated Amount for this Monthly Period Subordinated Amount Subordinated Amount for this Monthly Period
NOTHING TO REPORT - I. Class B Usage of Class C Subordinated Amounts: Class B Usage of Class C Cumulative Class B Subordinated Amount for Usage of Class C this Monthly Period Subordinated Amount
NOTHING TO REPORT - J. Nominal Liquidation Amount for Tranches of Notes Outstanding during related Monthly Period: Beginning Nominal Increases from Increases from Reimbursements Reductions due to Reductions due to Reductions due to Ending Nominal Liquidation Amount accretions on amounts withdrawn from Available reallocations of Investor amounts on Liquidation Principal for from the Principal Funds Available Principal Charge-Offs deposit in the Amount Discount Notes Funding Amounts Principal Funding sub-Account in sub-Account respect of Prefunding Excess Amount Class A Class A(2001-1) $1,000,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1,000,000,000.00 Total Class A: $1,000,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1,000,000,000.00 Class B Class B(2001-1) $250,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $250,000,000.00 Total Class B: $250,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $250,000,000.00 Class C Class C(2001-1) $250,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $250,000,000.00 Total Class C: $250,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $250,000,000.00 Total: $1,500,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1,500,000,000.00
K. Payout Excess Spread and 3 Month Excess Available Funds: PayoutExcessSpread 5,225,786.69 Is 3 Month Excess Available Fund less than 0? NO IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Monthly Not MBNA AMERICA BANK, NATIONAL ASSOCIATION, as Beneficiary of the MBNA Credit Card Master Note Trust and as Servicer of the MBNA Master Credit Card Trust II Name: Jack Fioravanti Title: Senior Vice President