Exhibit 99.16

MBNA MASTER CREDIT CARD TRUST II SERIES 1997-B

KEY PERFORMANCE FACTORS
January 31, 2001



Expected B Maturity 3/15/12


Blended Coupon 6.1160%



Excess Protection Level
3 Month Average 4.53%
January, 2001 6.90%
December, 2000 0.24%
November, 2000 6.43%


Cash Yield 19.75%


Investor Charge Offs 4.73%


Base Rate 8.12%


Over 30 Day Delinquency 4.88%


Seller's Interest 11.58%


Total Payment Rate 14.47%


Total Principal Balance $57,905,967,832.59


Investor Participation Amount $1,000,000,000.00


Seller Participation Amount $6,705,277,271.10