Exhibit 99.26

MBNA MASTER CREDIT CARD TRUST II

SERIES 1997-F

KEY PERFORMANCE FACTORS
October 31, 1998



Expected B Maturity 6/17/02


Blended Coupon 6.4820%



Excess Protection Level
3 Month Average 5.66%
October, 1998 6.10%
September, 1998 4.47%
August, 1998 6.40%


Cash Yield 18.93%


Investor Charge Offs 4.98%


Base Rate 7.85%


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 $706,000,000.00


Seller Participation Amount $3,431,640,609.22