10:57:23 AM EXHIBIT 99.1


MBNA MASTER CREDIT CARD TRUST II SERIES 94-A

KEY PERFORMANCE FACTORS
JULY, 1996



Expected B Maturity 9/15/99


Blended Coupon 5.7110%



Excess Protection Level
3 Month Average 4.94%
July, 1996 4.58%
June, 1996 5.41%
May, 1996 4.83%


Cash Yield 16.87%


Investor Charge Offs 4.38%


Base Rate 7.90%


Over 35 Day Delinquency 4.20%


Seller's Interest 17.27%


Total Payment Rate 11.54%


Total Principal Balance $17,148,865,196.73


Investor Participation Amount $760,000,000.00


Seller Participation Amount $2,960,990,196.73