Exhibit 99.17

MBNA MASTER CREDIT CARD TRUST II SERIES 1996-E

KEY PERFORMANCE FACTORS
July 31, 1997



Expected B Maturity 06/16/03


Blended Coupon 5.8883%



Excess Protection Level
3 Month Average 4.62%
July, 1997 4.53%
June, 1997 4.87%
May, 1997 4.46%


Cash Yield 17.53%


Investor Charge Offs 4.92%


Base Rate 8.08%


Over 35 Day Delinquency 4.47%


Seller's Interest 18.18%


Total Payment Rate 14.22%


Total Principal Balance $30,179,392,749.44


Investor Participation Amount $750,000,000.00


Seller Participation Amount $5,486,155,230.95