Exhibit 99.12

MBNA MASTER CREDIT CARD TRUST II SERIES 1995-J

KEY PERFORMANCE FACTORS
November 30, 1996



Expected B Maturity 12/16/02


Blended Coupon 5.6418%



Excess Protection Level
3 Month Average 5.27%
November, 1996 5.38%
October, 1996 5.17%
September, 1996 5.26%


Cash Yield 17.08%


Investor Charge Offs 3.86%


Base Rate 7.83%


Over 35 Day Delinquency 4.38%


Seller's Interest 15.65%


Total Payment Rate 11.72%


Total Principal Balance $22,372,660,639.66


Investor Participation Amount $500,000,000.00


Seller Participation Amount $3,500,733,121.17