Exhibit 99.12

MBNA MASTER CREDIT CARD TRUST II SERIES 1996-J

KEY PERFORMANCE FACTORS
April 30, 2001



Expected B Maturity 10/15/03


Blended Coupon 5.2183%



Excess Protection Level
3 Month Average 7.73%
April, 2001 7.57%
March, 2001 8.14%
February, 2001 7.48%


Cash Yield 19.61%


Investor Charge Offs 4.98%


Base Rate 7.07%


Over 30 Day Delinquency 4.89%


Seller's Interest 9.33%


Total Payment Rate 13.70%


Total Principal Balance $58,171,313,434.78


Investor Participation Amount $1,000,000,000.00


Seller Participation Amount $5,425,622,873.2