Exhibit 99.2


MBNA MASTER CREDIT CARD TRUST II SERIES 1994-B

KEY PERFORMANCE FACTORS
April 30, 1997



Expected B Maturity 9/15/99


Blended Coupon 5.74729%



Excess Protection Level
3 Month Average 5.02%
April, 1997 3.79%
March, 1997 5.85%
February, 1997 5.42%


Cash Yield 16.23%


Investor Charge Offs 4.55%


Base Rate 7.89%


Over 35 Day Delinquency 4.27%


Seller's Interest 20.02%


Total Payment Rate 12.21%


Total Principal Balance $ 27,182,850,184.68


Investor Participation Amount $ 1,000,000,000.00


Seller Participation Amount $ 5,443,222,666.19