08:33:19 AM EXHIBIT 99. 1


MBNA MASTER CREDIT CARD TRUST II SERIES 94-A

KEY PERFORMANCE FACTORS
JUNE, 1996



Expected B Maturity 9/15/99


Blended Coupon 5.7110%



Excess Protection Level
3 Month Average 5.10%
June, 1996 5.41%
May, 1996 4.83%
April, 1996 5.06%


Cash Yield 16.85%


Investor Charge Offs 4.11%


Base Rate 7.33%


Over 35 Day Delinquency 3.97%


Seller's Interest 19.37%


Total Payment Rate 10.78%


Total Principal Balance $16,975,561,627.28


Investor Participation Amount $760,000,000.00


Seller Participation Amount $3,287,686,627.28