Exhibit 99.1

MBNA MASTER CREDIT CARD TRUST II SERIES 1994-C

KEY PERFORMANCE FACTORS
September 30, 1999



Expected B Maturity 11/15/01


Blended Coupon 5.6705%



Excess Protection Level
3 Month Average 5.83%
September, 1999 5.73%
August, 1999 5.88%
July, 1999 5.88%


Cash Yield 18.00%


Investor Charge Offs 4.60%


Base Rate 7.67%


Over 30 Day Delinquency 4.90%


Seller's Interest 6.99%


Total Payment Rate 14.16%


Total Principal Balance $ 45,780,732,257.76


Investor Participation Amount $ 1,000,000,000.00


Seller Participation Amount $ 3,198,912,739.27