Exhibit 99.25

MBNA MASTER CREDIT CARD TRUST II

SERIES 1997-C

KEY PERFORMANCE FACTORS
June 30, 1997



Expected B Maturity 3/15/04


Blended Coupon 5.8472%



Excess Protection Level
3 Month Average 3.92%
June, 1997 4.89%
May, 1997 2.95%
April, 1997 N/A


Cash Yield 17.16%


Investor Charge Offs 4.60%


Base Rate 7.68%


Over 35 Day Delinquency 4.57%


Seller's Interest 10.08%


Total Payment Rate 12.14%


Total Principal Balance $27,184,721,330.37


Investor Participation Amount $750,000,000.00


Seller Participation Amount $2,741,483,811.88