UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-K
(Mark One)
|_| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
or
|X| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For Transition period January 1, 2003 through June 30, 2003.
--------------------------------------
Commission file number: 333-59424-02
MBNA AMERICA BANK, NATIONAL ASSOCIATION
on behalf of the
MBNA CREDIT CARD MASTER NOTE TRUST
(Exact name of registrant as specified in its charter)
United States of America 51-0331-454
(STATE OR OTHER JURISDICTION (I.R.S. EMPLOYER
OF INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
Wilmington, DE. 19884-0781
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:
(800) 362-6255
SECURITIES REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT:
None
SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:
None
INDICATE BY CHECK MARK WHETHER THE REGISTRANT HAS (1) FILED ALL REPORTS REQUIRED TO BE FILED BY SECTION 13 OR
15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 DURING THE PRECEDING 12 MONTHS (OR FOR SUCH SHORTER PERIOD THAT THE
REGISTRANT WAS REQUIRED TO FILE SUCH REPORTS) AND (2) HAS BEEN SUBJECT TO SUCH FILING REQUIREMENTS FOR THE PAST
90 DAYS.
Yes [X] No [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (ss.229.405 of
this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in
definitive proxy or information statements incorporated by reference in Part II of the Form 10-K or any amendment
to this form 10-K. |_|
Indicate by check mark whether the registrant is an accelerated filer (as defined in rule 12b-2 of the Act). Yes
|_| No |X|
State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by
reference to the price at which the common equity was last sold, or the average bid and asked price of such
common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.
Registrant has no voting stock or class of common stock outstanding as of the date of this report.
Registrant has not been involved in bankruptcy proceedings during the preceding five years.
Registrant is not reporting as a corporate issuer.
Documents incorporated by reference:
No documents are being incorporated by reference
INTRODUCTORY NOTE
-----------------
MBNA America Bank, National Association ("MBNA") is the originator of the MBNA Master Credit Card Trust II and is
seller and servicer under the Pooling and Servicing Agreement (the "Agreement"), dated as of August 4, 1994, and
the Series 2001-D Supplement (the "2001-D Supplement"), dated as of May 24, 2001, with the Agreement and the
2001-D Supplement providing for the issuance of the Series 2001-D Collateral Certificate (the "Certificate").
MBNA is the originator of the MBNA Credit Card Master Note Trust (the "Trust") and is beneficiary under the
Indenture (the "Indenture") and the MBNAseries Indenture Supplement (the "Indenture Supplement") each dated as of
May 24, 2001, and the Terms Document for:
Class A (2001-1) dated as of May 31, 2001
Class A (2001-2) dated as of July 26, 2001
Class A (2001-3) dated as of August 8, 2001
Class A (2001-4) dated as of September 27, 2001
Class A (2001-5) dated as of November 8, 2001
Class A (2002-1) dated as of January 31, 2002
Class A (2002-3) dated as of April 24, 2002
Class A (2002-4) dated as of May 9, 2002
Class A (2002-5) dated as of May 30, 2002
Class A (2002-6) dated as of June 26, 2002
Class A (2002-8) dated as of July 31, 2002
Class A (2002-9) dated as of July 31, 2002
Class A (2002-10) dated as of September 19, 2002
Class A (2002-12) dated as of November 19, 2002
Class A (2002-13) dated as of December 18, 2002
Class A (2003-1) dated as of February 27, 2003
Class A (2003-2) dated as of March 26, 2003
Class A (2003-3) dated as of April 10, 2003
Class A (2003-4) dated as of April 24, 2003
Class A (2003-6) dated as of June 4, 2003
Class B (2001-1) dated as of May 24, 2001
Class B (2001-2) dated as of September 6, 2001
Class B (2002-1) dated as of February 28, 2002
Class B (2002-2) dated as of June 12, 2002
Class B (2002-3) dated as of August 29, 2002
Class B (2002-4) dated as of October 29, 2002
Class B (2003-1) dated as of February 20, 2003
Class B (2003-2) dated as of June 12, 2003
Class C (2001-1) dated as of May 24, 2001
Class C (2001-3) dated as of July 25, 2001
Class C (2001-4) dated as of September 6, 2001
Class C (2001-5) dated as of December 11, 2001
Class C (2002-1) dated as of February 28, 2002
Class C (2002-3) dated as of June 12, 2002
Class C (2002-4) dated as of August 29, 2002
Class C (2002-5) dated as of August 29, 2002
Class C (2002-6) dated as of October 29, 2002
Class C (2002-7) dated as of October 29, 2002
Class C (2003-1) dated as of February 4, 2003
Class C (2003-2) dated as of February 12, 2003
Class C (2003-3) dated as of May 8, 2003
together the ("Terms Documents"), with the Indenture, Indenture Supplement and Terms Documents providing for the
issuance of the Class A(2001-1), Class A(2001-2), Class A(2001-3), Class A(2001-4), Class A(2001-5), Class
A(2002-1), Class A(2002-3), Class A(2002-4), Class A(2002-5), Class A(2002-6), Class A(2002-8), Class A(2002-9),
Class A(2002-10), Class A(2002-12), Class A(2002-13), Class A(2003-1), Class A(2003-2), Class A(2003-3), Class
A(2003-4), Class A(2003-6), Class B(2001-1), Class B(2001-2), Class B(2002-1), Class B(2002-2), Class B(2002-3),
Class B(2002-4), Class B(2003-1), Class B(2003-2), Class C(2001-1), Class C(2001-3), Class C(2001-4), Class
C(2001-5), Class C(2002-1), Class C(2002-3), Class C(2002-4), Class C(2002-5), Class C(2002-6), Class C(2002-7),
Class C(2003-1), Class C(2003-2) and Class C(2003-3) Notes (together, the "Notes"). Neither the Certificate nor
the Notes represent obligations of or interests in MBNA. In November 1988, MBNA made application under the
Securities Exchange Act of 1934 for an exemption from certain reporting requirements. On December 30, 1988, the
staff of the Securities and Exchange Commission's Division of Corporation Finance granted MBNA's exemption
request, pursuant to which MBNA is not required to respond to various items of Form 10-K. Such items are
designated herein as "Not Applicable".
PART I
------
Item 1. Business
- ------- --------
Not Applicable
Item 2. Properties
- ------- ----------
Not Applicable
Item 3. Legal Proceedings
- ------- -----------------
None
Item 4. Submission Of Matters To A Vote Of Security Holders.
- ------- ----------------------------------------------------
None
PART II
-------
Item 5. Market For Registrant's Common Equity
- ------- And Related Stockholder Matters.
--------------------------------
The Notes representing investors' interests in the Trust
are represented by a single Certificate registered in the name of
Cede and Co., the nominee of The Depository Trust Company.
Item 6. Selected Financial Data
- ------- -----------------------
Not Applicable
Item 7. Management's Discussion and Analysis of Financial Condition and
- ------- Results of Operations
---------------------------------------------------------------
Not Applicable
Item 7A. Quantitative and Qualitative Disclosure About Market Risk
- -------- ---------------------------------------------------------
Not Applicable
Item 8. Financial Statements and Supplementary Data
- ------- -------------------------------------------
Not Applicable
Item 9. Changes In And Disagreements With Accountants On Accounting
- ------- And Financial Disclosure.
-----------------------------------------------------------
None
Item 10. Directors and Executive Officers of the Registrant
- -------- --------------------------------------------------
Not Applicable
Item 11. Executive Compensation
- -------- ----------------------
Not Applicable
PART III
--------
Item 12. Security Ownership Of Certain Beneficial Owners And Management
- -------- --------------------------------------------------------------
(a) The Notes of the MBNAseries represent investors' interests in the Trust and are represented by one or more
Notes registered in the name of Cede and Co., the nominee of The Depository Trust Company ("DTC"), and an investor
holding an interest in the Trust is not entitled to receive a Note representing such interest except in certain
limited circumstances. Accordingly, Cede and Co. is the sole holder of record of Notes, which it held on behalf of
brokers, dealers, banks and other direct participants in the DTC system at June 30, 2003. Such direct
participants may hold Notes for their own accounts or for the accounts of their customers. At June 30, 2003, the
following direct DTC participants held positions in Notes representing interests in the Trust equal to or
exceeding 5% of the total principal amount of the Notes of each Series outstanding on that date. The information
on DTC participants held positions is provided by DTC.
Aggregate
Amount of Percentage
Title Certificates Of
Class Name Held Ownership
- --------------- ---------------------------------------- --------------- ------------
Series 2001-D
Class A(2001-1) Bank of New York (The) $ 204,735,000 20.47%
Boston Safe Deposit and Trust Company 120,731,000 12.07%
JPMorgan Chase Bank 277,531,000 27.75%
Northern Trust Company (The) 58,465,000 5.85%
State Street Bank and Trust Company 109,007,000 10.90%
Class A(2001-2) Bank of New York (The) 130,000,000 26.00%
DBTC Americas/Deutsche Bank Frankfurt 180,000,000 36.00%
JPMorgan Chase Bank 170,000,000 34.00%
Class A(2001-3) Bank of New York (The) $ 184,301,000 18.43%
The Bank of New York/Barclays Capital-London 50,000,000 5.00%
Boston Safe Deposit and Trust Company 270,165,000 27.02%
Brown Brothers Harriman and Co. 53,000,000 5.30%
Citibank, N.A. 75,349,000 7.53%
Citibank Dealer - Tax Exempt Operations 59,440,000 5.94%
JPMorgan Chase Bank 147,000,000 14.70%
State Street Bank and Trust Company 132,580,000 13.26%
Class A(2001-4) Bank of New York (The) $84,235,000 8.42%
Boston Safe Deposit and Trust Company 144,985,000 14.50%
Investors Bank and Trust Company 72,685,000 7.27%
JPMorgan Chase Bank 347,305,000 34.73%
Northern Trust Company (The) 66,750,000 6.68%
State Street Bank and Trust Company 132,495,000 13.25%
Class A(2001-5) Banc of America Securities LLC $35,000,000 7.00%
Bank of New York (The) 25,000,000 5.00%
Boston Safe Deposit and Trust Company 225,000,000 45.00%
Citibank, N.A. 60,000,000 12.00%
Merrill Lynch, Pierce Fenner and Smith Safekeeping 45,000,000 9.00%
U.S. Bank N.A. 50,000,000 10.00%
Class A (2002-1) Bank of New York (The) $ 249,261,000 24.93%
Boston Safe Deposit and Trust Company 69,060,000 6.91%
Deutsche Bank Trust Company Americas 97,375,000 9.74%
JPMorgan Chase Bank 250,551,000 25.06%
State Street Bank and Trust Company 102,155,000 10.22%
Class A (2002-3) Bank of New York (The) $ 158,000,000 21.07%
Bear, Stearns Securities Corp. 87,200,000 11.63%
Citibank, N.A. 70,000,000 9.33%
JPMorgan Chase Bank 349,800,000 46.64%
U.S. Bank N.A. 51,737,000 6.90%
Class A(2002-4) Bank of New York (The) $ 337,675,000 33.77%
BNP Paribas Securities Corp. 57,000,000 5.70%
Citibank, N.A. 60,000,000 6.00%
Deutsche Bank Trust Company Americas 51,135,000 5.11%
JPMorgan Chase Bank 173,370,000 17.34%
Merrill Lynch, Pierce Fenner and Smith Safekeeping 50,500,000 5.05%
State Street Bank and Trust Company 158,125,000 15.81%
Class A(2002-5) Bank of New York (The) $39,050,000 5.21%
HSBC Bank and Trust Company(Delaware), National Association 40,000,000 5.33%
JPMorgan Chase Bank 148,250,000 19.77%
JPMorgan Chase Bank/Correspondence Clearing Services 2 70,000,000 9.33%
U.S. Bank N.A. 382,700,000 51.03%
Wells Fargo Bank Minnesota, N.A. 65,000,000 8.67%
Class A(2002-6) Bank of New York (The) $39,458,000 5.26%
Boston Safe Deposit and Trust Company 194,381,000 25.92%
JPMorgan Chase Bank 236,414,000 31.52%
Northern Trust Company (The) 74,730,000 9.96%
State Street Bank and Trust Company 59,055,000 7.87%
Class A(2002-8) Bank of New York (The) $ 100,000,000 25.00%
Boston Safe Deposit and Trust Company 20,000,000 5.00%
JPMorgan Chase Bank 114,000,000 28.50%
JPMorgan Chase Bank/Correspondence Clearing Services 2 25,000,000 6.25%
U.S. Bank N.A. 55,000,000 13.75%
Wells Fargo Bank Minnesota, N.A. 50,000,000 12.50%
Class A(2002-9) Bank of New York (The) $79,000,000 11.29%
Boston Safe Deposit and Trust Company 135,000,000 19.29%
JPMorgan Chase Bank 86,800,000 12.40%
State Street Bank and Trust Company 384,500,000 54.93%
Class A(2002-10) Bank of New York (The) $ 177,000,000 17.70%
Citigroup Global Markets Inc./Salomon Brothers 160,000,000 16.00%
Citibank Dealer - Tax Exempt Operations 100,000,000 10.00%
JPMorgan Chase Bank 245,000,000 24.50%
State Street Bank and Trust Company 175,000,000 17.50%
Class A(2002-12) Bank of New York (The) $ 211,430,000 14.10%
Boston Safe Deposit and Trust Company 136,935,000 9.13%
Citibank Dealer - Tax Exempt Operations 100,000,000 6.67%
JPMorgan Chase Bank 206,950,000 13.80%
State Street Bank and Trust Company 530,415,000 35.36%
UBS AG 120,000,000 8.00%
UBS Securities LLC/CMO 91,950,000 6.13%
Class A(2002-13) Boston Safe Deposit and Trust Company $ 115,000,000 23.00%
Citibank Dealer - Tax Exempt Operations 300,000,000 60.00%
Wachovia Bank N.A. - Phila. Main 27,500,000 5.50%
Class A(2003-1) Bank of New York (The) $87,540,000 17.51%
Boston Safe Deposit and Trust Company 64,295,000 12.86%
Citibank, N.A. 57,700,000 11.54%
JPMorgan Chase Bank 94,105,000 18.82%
State Street Bank and Trust Company 41,085,000 8.22%
U.S. Bank N.A. 25,470,000 5.09%
Class A(2003-2) Bank of New York (The) $ 316,375,000 31.64%
The Bank of New York/Wachovia Bank N.A. 50,000,000 5.00%
Boston Safe Deposit and Trust Company 78,835,000 7.88%
DBTC Americas/Sun Trust Bank 50,000,000 5.00%
State Street Bank and Trust Company 183,560,000 18.36%
UBS AG 185,000,000 18.50%
Class A(2003-3) Banc of America Securities LLC $37,600,000 5.01%
Bank of New York (The) 87,550,000 11.67%
Boston Safe Deposit and Trust Company 112,750,000 15.03%
Dresdner Kleinwort Wasserstein Securities LLC 40,000,000 5.33%
JPMorgan Chase Bank 203,900,000 27.19%
Merrill Lynch, Pierce Fenner and Smith Safekeeping 50,000,000 6.67%
State Street Bank and Trust Company 108,150,000 14.42%
Class A(2003-4) Bank of New York (The) $ 305,000,000 40.67%
Citibank, N.A. 45,000,000 6.00%
Harris Trust and Savings Bank 40,000,000 5.33%
JPMorgan Chase Bank 120,000,000 16.00%
Merrill Lynch, Pierce Fenner and Smith Safekeeping 90,000,000 12.00%
U.S. Bank N.A. 90,000,000 12.00%
Class A(2003-6) Bank of New York (The) $54,445,000 10.89%
Boston Safe Deposit and Trust Company 77,945,000 15.59%
Investors Bank and Trust Company 45,600,000 9.12%
JPMorgan Chase Bank 191,825,000 38.37%
State Street Bank and Trust Company 60,130,000 12.03%
Class B(2001-1) Bank of New York (The) $ 51,150,000 20.46%
Boston Safe Deposit and Trust Company 66,222,000 26.49%
Bank of Tokyo-Mitsubishi Trust Company 15,000,000 6.00%
JPMorgan Chase Bank 100,400,000 40.16%
Class B(2001-2) Bank of New York (The) $ 98,647,000 39.46%
Boston Safe Deposit and Trust Company 75,000,000 30.00%
JPMorgan Chase Bank 58,753,000 23.50%
Class B(2002-1) Bank of New York (The) $ 22,400,000 8.96%
Boston Safe Deposit and Trust Company 75,700,000 30.28%
Citibank, N.A. 15,900,000 6.36%
Deutsche Bank Trust Company Americas 64,170,000 25.67%
JPMorgan Chase Bank 42,000,000 16.80%
State Street Bank and Trust Company 13,150,000 5.26%
Class B(2002-2) Bank of New York (The) $ 25,566,000 10.23%
Boston Safe Deposit and Trust Company 25,000,000 10.00%
Bank of Tokyo - Mitsubishi Trust Company 23,276,000 9.31%
Credit Suisse First Boston LLC 27,000,000 10.80%
Deutsche Bank Trust Company Americas 15,000,000 6.00%
JPMorgan Chase Bank 58,016,000 23.21%
Merrill Lynch, Pierce Fenner and Smith Safekeeping 67,834,000 27.13%
Class B(2002-3) Barclays Global Investors N.A./Investors Bank and Trust $ 140,000,000 56.00%
Bank of Tokyo-Mitsubishi Trust Company 75,000,000 30.00%
JPMorgan Chase Bank 25,000,000 10.00%
Class B(2002-4) Bank of Tokyo-Mitsubishi Trust Company $ 150,000,000 75.00%
JPMorgan Chase Bank 29,800,000 14.90%
Merrill Lynch, Pierce Fenner and Smith Safekeeping 20,000,000 10.00%
Class B(2003-1) Bank of Tokyo-Mitsubishi Trust Company $ 100,000,000 50.00%
Citibank, N.A. 13,000,000 6.50%
Deutsche Bank Trust Company Americas 10,000,000 5.00%
JPMorgan Chase Bank/Correspondence Clearing Services 2 10,000,000 5.00%
Merrill Lynch, Pierce Fenner and Smith Safekeeping 40,000,000 20.00%
Sumitomo Trust and Banking Co. (U.S.A.) 20,000,000 10.00%
Class B(2003-2) Bank of Tokyo-Mitsubishi Trust Company $ 150,000,000 75.00%
DBTC Americas/DBAG London Global Mrks 10,000,000 5.00%
State Street Bank and Trust Company 10,000,000 5.00%
Wachovia Bank N.A. - Phila. Main 30,000,000 15.00%
Class C(2001-1) Boston Safe Deposit and Trust Company $27,000,000 10.80%
Bank of Tokyo-Mitsubishi Trust Company 49,545,000 19.82%
Citigroup Global Markets Inc./Salomon Brothers 15,000,000 6.00%
Deutsche Bank Trust Company Americas 15,235,000 6.09%
JPMorgan Chase Bank 60,590,000 24.24%
State Street Bank and Trust Company 37,595,000 15.04%
Class C(2001-3) Bank of New York (The) $70,695,000 17.67%
Bank One Trust Company N.A./Public Employee Retirement 30,325,000 7.58%
Boston Safe Deposit and Trust Company 45,015,000 11.25%
Bank of Tokyo-Mitsubishi Trust Company 50,000,000 12.50%
JPMorgan Chase Bank 40,145,000 10.04%
Northern Trust Company (The) 31,200,000 7.80%
State Street Bank and Trust Company 89,337,000 22.33%
Class C(2001-4) Deutsche Bank Trust Company Americas $ 200,000,000 80.00%
JPMorgan Chase Bank 15,000,000 6.00%
Sumitomo Trust and Banking CO. (U.S.A.) 20,000,000 8.00%
Class C(2001-5) Bank of New York (The) $22,500,000 15.00%
Deutsche Bank Trust Company Americas 78,825,000 52.55%
JPMorgan Chase Bank 10,000,000 6.67%
Lasalle Bank National Association 15,750,000 10.50%
State Street Bank and Trust Company 11,000,000 7.33%
Sumitomo Trust and Banking CO. (U.S.A.) 10,000,000 6.67%
Class C(2002-1) Bank of New York (The) $31,385,000 12.55%
Boston Safe Deposit and Trust Company 30,701,000 12.28%
Citibank, N.A. 20,000,000 8.00%
Deutsche Bank Trust Company Americas 39,000,000 15.60%
JPMorgan Chase Bank 57,035,000 22.81%
State Street Bank and Trust Company 32,445,000 12.98%
Class C(2002-3) Bank of New York (The) $12,000,000 6.00%
Citibank, N.A. 35,000,000 17.50%
JPMorgan Chase Bank 16,000,000 8.00%
Lasalle Bank National Association 10,000,000 5.00%
LBI-Lehman Government Securities Inc. (LBI) 10,000,000 5.00%
UBS Securities LLC/CMO 90,000,000 45.00%
Wells Fargo Bank Minnesota, N.A. 10,000,000 5.00%
Class C(2002-4) DBTC Americas/Dealer Clearance $ 15,000,000 15.00%
JPMorgan Chase Bank 80,000,000 80.00%
Sumitomo Trust and Banking CO. (U.S.A.) 5,000,000 5.00%
Class C(2002-5) Brown Brothers Harriman and Co. $8,000,000 8.00%
Deutsche Bank Trust Company Americas 20,160,000 20.16%
JPMorgan Chase Bank 21,470,000 21.47%
Merrill Lynch, Pierce Fenner and Smith Safekeeping 5,000,000 5.00%
State Street Bank and Trust Company 29,712,000 29.71%
Class C(2002-6) Bank of New York (The) $ 3,000,000 6.00%
Credit Suisse First Boston LLC 5,000,000 10.00%
Deutsche Bank Securities Inc. 4,000,000 8.00%
JPMorgan Chase Bank 20,000,000 40.00%
Lasalle Bank National Association 8,000,000 16.00%
LBI-Lehman Government Securities Inc. (LBI) 5,000,000 10.00%
Wachovia Bank N.A. 4,000,000 8.00%
Class C(2002-7) Bank of New York (The) $ 9,750,000 19.50%
Citibank, N.A. 13,000,000 26.00%
JPMorgan Chase Bank 17,000,000 34.00%
Lasalle Bank National Association 4,000,000 8.00%
State Street Bank and Trust Company 5,000,000 10.00%
Class C(2003-1) The Bank of New York/Barclays Capital - London $34,000,000 17.00%
Citigroup Global Markets Inc./Salomon Brothers 10,000,000 5.00%
Credit Suisse First Boston LLC 12,500,000 6.25%
Deutsche Bank Securities Inc. 12,000,000 6.00%
JPMorgan Chase Bank 81,000,000 40.50%
UBS Securities LLC 15,000,000 7.50%
Class C(2003-2) JPMorgan Chase Bank/MBS and Asset Backed Sec. $75,000,000 75.00%
LBI-Lehman Government Securities Inc. (LBI) 15,000,000 15.00%
Merrill Lynch, Pierce, Fenner and Smith, Inc. - Debt Sec 5,000,000 5.00%
State Street Bank and Trust Company 5,000,000 5.00%
Class C(2003-3) Bank of New York (The) $50,000,000 28.57%
Bear, Stearns Securities Corp. 29,000,000 16.57%
Citigroup Global Markets Inc./Salomon Brothers 10,000,000 5.71%
Citibank, N.A. 20,000,000 11.43%
DBTC Americas/DBAG London Global Mrks 25,000,000 14.29%
Deutsche Bank Securities Inc. 10,000,000 5.71%
Goldman Sachs International 10,000,000 5.71%
LBI-Lehman Government Securities Inc. (LBI) 18,000,000 10.29%
The address of each of the above participants is:
C/O The Depository Trust Company
55 Water Street
New York, NY 10041
(b) Not Applicable
(c) Not Applicable
Item 13. Certain Relationships and Related Transactions
- -------- ----------------------------------------------
None
Item 14. Controls and Procedures
- -------- ----------------------------------------------
Not Applicable
PART IV
-------
Item 15. Exhibits, Financial Statement Schedules, And Reports On Form 8-K
- -------- ----------------------------------------------------------------
(a) The following documents are filed as part of this Report:
3. Exhibits:
31. Certification
99.01 Annual Accountant's reports each dated August 15, 2003 with respect to MBNA Master Credit Card Trust II and
the MBNA Credit Card Master Note Trust MBNAseries
Class A(2001-1), Class A(2001-2), Class A(2001-3), Class A(2001-4), Class A(2001-5), Class A(2002-1),
Class A(2002-3), Class A(2002-4), Class A(2002-5), Class A(2002-6), Class A(2002-8), Class A(2002-9),
Class A(2002-10), Class A(2002-12), Class A(2002-13), Class A(2003-1), Class A(2003-2), Class A(2003-3),
Class A(2003-4), Class A(2003-6), Class B(2001-1), Class B(2001-2), Class B(2002-1), Class B(2002-2),
Class B(2002-3), Class B(2002-4), Class B(2003-1), Class B(2003-2), Class C(2001-1), Class C(2001-3),
Class C(2001-4), Class C(2001-5), Class C(2002-1), Class C(2002-3), Class C(2002-4), Class C(2002-5),
Class C(2002-6), Class C(2002-7), Class C(2003-1), Class C(2003-2), Class C(2003-3).
99.02 Annual Servicer's Certificate dated August 15, 2003 with respect to the MBNA Master Credit Card
Trust II and the MBNA Credit Card Master Note Trust MBNAseries
Class A(2001-1), Class A(2001-2), Class A(2001-3), Class A(2001-4), Class A(2001-5), Class A(2002-1),
Class A(2002-3), Class A(2002-4), Class A(2002-5), Class A(2002-6), Class A(2002-8), Class A(2002-9),
Class A(2002-10), Class A(2002-12), Class A(2002-13), Class A(2003-1), Class A(2003-2), Class A(2003-3),
Class A(2003-4), Class A(2003-6), Class B(2001-1), Class B(2001-2), Class B(2002-1), Class B(2002-2),
Class B(2002-3), Class B(2002-4), Class B(2003-1), Class B(2003-2), Class C(2001-1), Class C(2001-3),
Class C(2001-4), Class C(2001-5), Class C(2002-1), Class C(2002-3), Class C(2002-4), Class C(2002-5),
Class C(2002-6), Class C(2002-7), Class C(2003-1), Class C(2003-2), Class C(2003-3).
(b) Forms 8-K were filed by the registrant during the quarter ended June 30, 2003. These reports
Filed on April 15, 2003, May 14, 2003, June 16, 2003, June 19, 2003, June 24, 2003 and June 30,2003
included the following:
Item 2. Acquisition or Disposition of Assets
Item 5. Other Events
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits
Item 8. Change in Fiscal Year
(c) See item 15(a) (3) above.
SIGNATURES
----------
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
MBNA Credit Card Master Note Trust (Registrant)
By: MBNA America Bank, National Association
As Servicer
Date: September 30, 2003 By: /s/Douglas O. Hart
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Douglas O. Hart
Senior Executive Vice President