Exhibit 99.20

MBNA MASTER CREDIT CARD TRUST II SERIES 1996-J

KEY PERFORMANCE FACTORS
November 30, 1996



Expected B Maturity 10/15/03


Blended Coupon 5.5708%



Excess Protection Level
3 Month Average 4.39%
November, 1996 5.48%
October, 1996 3.30%
September, 1996 N/A


Cash Yield 17.08%


Investor Charge Offs 3.86%


Base Rate 7.73%


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