Exhibit 99.26

MBNA MASTER CREDIT CARD TRUST II

SERIES 1997-F

KEY PERFORMANCE FACTORS
September 30, 1998



Expected B Maturity 6/17/02


Blended Coupon 6.5129%



Excess Protection Level
3 Month Average 5.39%
September, 1998 4.47%
August, 1998 6.40%
July, 1998 5.30%


Cash Yield 17.36%


Investor Charge Offs 5.18%


Base Rate 7.70%


Over 35 Day Delinquency 5.04%


Seller's Interest 13.10%


Total Payment Rate 13.10%


Total Principal Balance $39,849,511,082.92


Investor Participation Amount $706,000,000.00


Seller Participation Amount $5,219,716,564.43