Exhibit 99.22

MBNA MASTER CREDIT CARD TRUST II

SERIES 1996-L

KEY PERFORMANCE FACTORS
AUGUST, 1997



Expected B Maturity 12/15/99


Blended Coupon 5.8212%



Excess Protection Level
3 Month Average 4.70%
August, 1997 4.64%
July, 1997 4.58%
June, 1997 4.88%


Cash Yield 17.46%


Investor Charge Offs 4.84%


Base Rate 7.98%


Over 35 Day Delinquency 4.66%


Seller's Interest 14.91%


Total Payment Rate 12.37%


Total Principal Balance $ 30,603,901,306.35


Investor Participation Amount $ 500,000,000.00


Seller Participation Amount $ 4,563,766,787.86