Exhibit 99.21

MBNA MASTER CREDIT CARD TRUST II

SERIES 1997-J

KEY PERFORMANCE FACTORS
December 31, 2000



Expected B Maturity 9/15/04


Blended Coupon 6.8815%


Excess Protection Level
3 Month Average 4.38%
December, 2000 0.36%
November, 2000 6.49%
October, 2000 6.28%


Cash Yield 19.79%


Investor Charge Offs 10.15%


Base Rate 9.29%


Over 30 Day Delinquency 4.72%


Seller's Interest 10.47%


Total Payment Rate 13.35%


Total Principal Balance $57,190,978,436.47


Investor Participation Amount $750,000,000.00


Seller Participation Amount $5,990,287,874.98