Exhibit 99.1

MBNA MASTER CREDIT CARD TRUST II SERIES 1994-A

KEY PERFORMANCE FACTORS
January 31, 1997



Expected B Maturity 9/15/99


Blended Coupon 5.7100%



Excess Protection Level
3 Month Average 4.92%
January, 1997 3.81%
December, 1996 5.50%
November, 1996 5.44%


Cash Yield 17.09%


Investor Charge Offs 4.81%


Base Rate 8.47%


Over 35 Day Delinquency 4.60%


Seller's Interest 13.97%


Total Payment Rate 12.21%


Total Principal Balance $ 23,234,782,634.76


Investor Participation Amount $ 760,000,000.00


Seller Participation Amount $ 3,245,155,116.27