Exhibit 99.12

MBNA MASTER CREDIT CARD TRUST II SERIES 1996-A

KEY PERFORMANCE FACTORS
October 31, 1998



Expected B Maturity 3/17/03


Blended Coupon 5.6465%



Excess Protection Level
3 Month Average 5.53%
October, 1998 5.93%
September, 1998 4.34%
August, 1998 6.31%


Cash Yield 18.93%


Investor Charge Offs 4.98%


Base Rate 8.02%


Over 35 Day Delinquency 5.16%


Seller's Interest 8.67%


Total Payment Rate 14.28%


Total Principal Balance $39,561,435,127.71


Investor Participation Amount $700,000,000.00


Seller Participation Amount $3,431,640,609.22