Exhibit 99.8


MBNA MASTER CREDIT CARD TRUST II SERIES 1995-D

KEY PERFORMANCE FACTORS
January 31, 1997



Expected B Maturity 7/17/00


Blended Coupon 5.4145%


Excess Protection Level
3 Month Average 5.02%
January, 1997 3.93%
December, 1996 5.61%
November, 1996 5.53%


Cash Yield 17.09%


Investor Charge Offs 4.81%


Base Rate 8.35%


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 $500,000,000.00


Seller Participation Amount $3,245,155,116.27