Exhibit 99.8

MBNA MASTER CREDIT CARD TRUST II SERIES 1995-E

KEY PERFORMANCE FACTORS
August 31, 1999



Expected B Maturity 09/16/2002


Blended Coupon 5.5273%



Excess Protection Level
3 Month Average 5.65%
August, 1999 5.90%
July, 1999 5.93%
June, 1999 5.12%


Cash Yield 18.20%


Investor Charge Offs 4.78%


Base Rate 7.53%


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 $500,000,000.00


Seller Participation Amount $3,316,578,126.38