Exhibit 99.27

MBNA MASTER CREDIT CARD TRUST II

SERIES 1997-F

KEY PERFORMANCE FACTORS
August 31, 1997



Expected B Maturity 6/17/02


Blended Coupon 6.5172%



Excess Protection Level
3 Month Average 3.74%
August, 1997 4.70%
July, 1997 2.78%
June, 1997 N/A


Cash Yield 17.46%


Investor Charge Offs 4.84%


Base Rate 7.92%


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 $706,000,000.00


Seller Participation Amount $4,563,766,787.86