Exhibit 99.16

MBNA MASTER CREDIT CARD TRUST II

SERIES 1996-H

KEY PERFORMANCE FACTORS
MAY, 2000



Expected B Maturity 09/17/01


Blended Coupon 6.8459%



Excess Protection Level
3 Month Average 5.67%
May, 2000 5.52%
April, 2000 5.60%
March, 2000 5.91%


Cash Yield 19.29%


Investor Charge Offs 4.66%


Base Rate 9.11%


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 $ 1,200,000,000.00


Seller Participation Amount $ 4,987,826,445.03