Exhibit 99.20

MBNA MASTER CREDIT CARD TRUST II

SERIES 1997-I

KEY PERFORMANCE FACTORS
March 31, 2001



Expected B Maturity 8/16/04


Blended Coupon 6.4132%



Excess Protection Level
3 Month Average 7.56%
March, 2001 8.20%
February, 2001 7.53%
January, 2001 6.94%


Cash Yield20.67%


Investor Charge Offs 4.83%


Base Rate 7.63%


Over 30 Day Delinquency 4.90%


Seller's Interest 7.37%


Total Payment Rate14.60%


Total Principal Balance$56,622,749,044.91


Investor Participation Amount$750,000,000.00


Seller Participation Amount$4,172,058,483.42