Exhibit 99.1

MBNA MASTER CREDIT CARD TRUST II SERIES 1994-C

KEY PERFORMANCE FACTORS
May 31, 2000



Expected B Maturity 11/15/01


Blended Coupon 6.7970%



Excess Protection Level
3 Month Average 5.60%
May, 2000 5.61%
April, 2000 5.39%
March, 2000 5.78%


Cash Yield 19.29%


Investor Charge Offs 4.66%


Base Rate 9.02%


Over 30 Day Delinquency 4.70%


Seller's Interest 9.50%


Total Payment Rate 14.38%


Total Principal Balance $ 52,496,626,963.52


Investor Participation Amount $ 1,000,000,000.00


Seller Participation Amount $ 4,987,826,445.03