Exhibit 99.2


MBNA MASTER CREDIT CARD TRUST II SERIES 1994-B

KEY PERFORMANCE FACTORS
February 28, 1998



Expected B Maturity 9/15/99


Blended Coupon 5.66008%



Excess Protection Level
3 Month Average 4.83%
February, 1998 4.63%
January, 1998 4.74%
December, 1997 5.11%


Cash Yield 16.74%


Investor Charge Offs 4.83%


Base Rate 7.28%


Over 35 Day Delinquency 5.04%


Seller's Interest 15.07%


Total Payment Rate 12.54%


Total Principal Balance $ 34,488,564,555.67


Investor Participation Amount $ 1,000,000,000.00


Seller Participation Amount $ 5,197,230,037.18