Exhibit 99.22

MBNA MASTER CREDIT CARD TRUST II

SERIES 1996-L

KEY PERFORMANCE FACTORS
JULY, 1997



Expected B Maturity 12/15/99


Blended Coupon 5.8823%



Excess Protection Level
3 Month Average 4.66%
July, 1997 4.58%
June, 1997 4.88%
May, 1997 4.51%


Cash Yield 17.58%


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 $ 500,000,000.00


Seller Participation Amount $ 5,486,155,230.95