Exhibit 99.12

MBNA MASTER CREDIT CARD TRUST II SERIES 1995-J

KEY PERFORMANCE FACTORS
May 31, 1997



Expected B Maturity 12/16/02


Blended Coupon 5.9534%



Excess Protection Level
3 Month Average 4.65%
May, 1997 4.40%
April, 1997 3.73%
March, 1997 5.82%


Cash Yield 17.28%


Investor Charge Offs 4.53%


Base Rate 8.35%


Over 35 Day Delinquency 4.38%


Seller's Interest 15.43%


Total Payment Rate 12.75%


Total Principal Balance $27,132,480,390.99


Investor Participation Amount $500,000,000.00


Seller Participation Amount $4,186,442,872.50