Exhibit 99.23

MBNA MASTER CREDIT CARD TRUST II

SERIES 1996-L

KEY PERFORMANCE FACTORS
JUNE, 1998



Expected B Maturity 12/15/99


Blended Coupon 5.7681%



Excess Protection Level
3 Month Average 5.28%
June, 1998 4.79%
May, 1998 5.00%
April, 1998 6.03%


Cash Yield 17.69%


Investor Charge Offs 5.10%


Base Rate 7.80%


Over 35 Day Delinquency 5.06%


Seller's Interest 12.61%


Total Payment Rate 13.35%


Total Principal Balance $ 35,974,950,178.51


Investor Participation Amount $ 500,000,000.00


Seller Participation Amount $ 4,536,555,660.02