Exhibit 99.27

MBNA MASTER CREDIT CARD TRUST II

SERIES 1998-E

KEY PERFORMANCE FACTORS
March 31, 2001



Expected B Maturity 4/15/08


Blended Coupon 5.8936%


Excess Protection Level
3 Month Average 7.37%
March, 2001 7.63%
February, 2001 7.35%
January, 2001 7.13%


Cash Yield20.71%


Investor Charge Offs 4.83%


Base Rate 8.25%


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$882,400,000.00


Seller Participation Amount$4,172,058,483.42