Exhibit 99.2


MBNA MASTER CREDIT CARD TRUST II SERIES 1994-B

KEY PERFORMANCE FACTORS
August 31, 1999



Expected B Maturity 9/15/99


Blended Coupon 5.68750%



Excess Protection Level
3 Month Average 60.84%
August, 1999 171.31%
July, 1999 6.00%
June, 1999 5.19%


Cash Yield 242.71%


Investor Charge Offs 63.71%


Base Rate 7.69%


Over 30 Day Delinquency 4.81%


Seller's Interest 7.19%


Total Payment Rate 14.37%


Total Principal Balance $ 46,158,397,644.87


Investor Participation Amount $ 75,000,000.00


Seller Participation Amount $ 3,316,578,126.38