Exhibit 99.2


MBNA MASTER CREDIT CARD TRUST II SERIES 1994-B

KEY PERFORMANCE FACTORS
November 30, 1996



Expected B Maturity 9/15/99


Blended Coupon 5.51915%



Excess Protection Level
3 Month Average 5.35%
November, 1996 5.45%
October, 1996 5.25%
September, 1996 5.34%


Cash Yield 17.08%


Investor Charge Offs 3.86%


Base Rate 7.76%


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 $ 1,000,000,000.00


Seller Participation Amount $ 3,500,733,121.17