Exhibit 99.27

MBNA MASTER CREDIT CARD TRUST II

SERIES 1997-F

KEY PERFORMANCE FACTORS
October 31, 1997



Expected B Maturity
6/17/02


Blended Coupon
6.5133%



Excess Protection Level
3 Month Average 5.02%
October, 1997 5.49%
September, 1997 4.87%
August, 1997 4.70%


Cash Yield 18.37%


Investor Charge Offs 4.61%


Base Rate 8.27%


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
$706,000,000.00


Seller Participation Amount
$4,401,496,533.34