Exhibit 99.20

MBNA MASTER CREDIT CARD TRUST II SERIES 1996-J

KEY PERFORMANCE FACTORS
October 31, 1997



Expected B Maturity
10/15/03


Blended Coupon
5.8207%



Excess Protection Level
3 Month Average 4.92%
October, 1997 5.39%
September, 1997 4.78%
August, 1997 4.61%


Cash Yield 18.37%


Investor Charge Offs 4.61%


Base Rate 8.37%


Over 35 Day Delinquency 4.76%


Seller's Interest 13.78%


Total Payment Rate 14.00%


Total Principal Balance
$31,941,631,051.83


Investor Participation Amount
$1,000,000,000.00


Seller Participation Amount
$4,401,496,533.34