03:43:23 PM EXHIBIT 99. 12


MBNA MASTER CREDIT CARD TRUST II SERIES 1995-J

KEY PERFORMANCE FACTORS
APRIL, 1996



Expected B Maturity 12/16/02


Blended Coupon 5.7669%


Excess Protection Level
3 Month Average 5.82%
April, 1996 5.00%
March, 1996 5.99%
February, 1996 6.46%


Cash Yield 16.71%


Investor Charge Offs 3.94%


Base Rate 7.77%


Over 35 Day Delinquency 4.01%


Seller's Interest 21.75%


Total Payment Rate 10.71%


Total Principal Balance $14,617,538,112.27


Investor Participation Amount $500,000,000.00


Seller Participation Amount $3,179,663,112.27