EXHIBIT 99.52

MBNA MASTER CREDIT CARD TRUST II

SERIES 2000-L

KEY PERFORMANCE FACTORS
January, 2001



Expected B Maturity 11/15/2007


Blended Coupon 6.5828%


Excess Protection Level
3 Month Average N/A
January, 2001 .89%
December, 2000 N/A
November, 2000 N/A


Cash Yield 19.41%


Investor Charge Offs 7.42%


Base Rate 11.10%


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 $ 500,000,000.00


Seller Participation Amount $ 6,705,277,271.10



For purposes of calculating the Base Rate and Excess Protection Level,
a Coupon of 9.10% (48/360) was used. The Base Rate was calculated
using a 48 day monthly period, 12/13/00 to 1/31/01.