Exhibit 99.1

MBNA MASTER CREDIT CARD TRUST II SERIES 1994-C

KEY PERFORMANCE FACTORS
November 30, 1999



Expected B Maturity 11/15/01


Blended Coupon 5.6723%



Excess Protection Level
3 Month Average 5.86%
November, 1999 5.77%
October, 1999 6.07%
September, 1999 5.73%


Cash Yield 18.33%


Investor Charge Offs 4.89%


Base Rate 7.67%


Over 30 Day Delinquency 5.02%


Seller's Interest 8.52%


Total Payment Rate 14.09%


Total Principal Balance $ 48,461,894,441.68


Investor Participation Amount $ 1,000,000,000.00


Seller Participation Amount $ 4,130,074,923.19