Exhibit 99.1

MBNA MASTER CREDIT CARD TRUST II SERIES 1994-A

KEY PERFORMANCE FACTORS
July 31, 1998



Expected B Maturity 9/15/99


Blended Coupon 5.8961%



Excess Protection Level
3 Month Average 4.87%
July, 1998 5.12%
June, 1998 4.66%
May, 1998 4.84%


Cash Yield 18.75%


Investor Charge Offs 5.14%


Base Rate 8.49%


Over 35 Day Delinquency 4.90%


Seller's Interest 15.22%


Total Payment Rate 14.52%


Total Principal Balance $ 37,740,921,726.81


Investor Participation Amount $ 760,000,000.00


Seller Participation Amount $ 5,743,527,208.32