Exhibit 99.25

MBNA MASTER CREDIT CARD TRUST II

SERIES 1997-C

KEY PERFORMANCE FACTORS
May 31, 1997



Expected B Maturity 3/15/04


Blended Coupon 5.8485%



Excess Protection Level
3 Month Average 2.95%
May, 1997 2.95%
April, 1997 N/A
March, 1997 N/A


Cash Yield 16.88%


Investor Charge Offs 4.56%


Base Rate 9.36%


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 $750,000,000.00


Seller Participation Amount $4,186,442,872.50