05:10:56 PM EXHIBIT 99. 16


MBNA MASTER CREDIT CARD TRUST II SERIES 1996-D

KEY PERFORMANCE FACTORS
AUGUST, 1996



Expected B Maturity 05/15/01


Blended Coupon 5.6049%


Excess Protection Level
3 Month Average 5.26%
August, 1996 5.72%
July, 1996 4.61%
June, 1996 5.44%


Cash Yield 17.70%


Investor Charge Offs 4.00%


Base Rate 7.98%


Over 35 Day Delinquency 4.35%


Seller's Interest 11.65%


Total Payment Rate 11.58%


Total Principal Balance $17,417,329,014.31


Investor Participation Amount $1,000,000,000.00


Seller Participation Amount $2,029,454,014.31