Exhibit 99.29

MBNA MASTER CREDIT CARD TRUST II

SERIES 1997-N

KEY PERFORMANCE FACTORS
September 30, 1999



Expected B Maturity 11/15/00


Blended Coupon 5.5591%


Excess Protection Level
3 Month Average 6.01%
September, 1999 5.87%
August, 1999 5.85%
July, 1999 6.33%


Cash Yield 18.03%


Investor Charge Offs 4.60%


Base Rate 7.56%


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 $900,000,000.00


Seller Participation Amount $3,198,912,739.27