Exhibit 99.32
MBNA MASTER CREDIT CARD TRUST II
SERIES 1998-I
KEY PERFORMANCE FACTORS
October 31, 2000
Expected B Maturity 10/16/01
Blended Coupon 6.9430%
Excess Protection Level
3 Month Average 5.72%
October, 2000 6.13%
September, 2000 5.62%
August, 2000 5.43%
Cash Yield19.62%
Investor Charge Offs 4.51%
Base Rate 8.98%
Over 30 Day Delinquency 5.23%
Seller's Interest10.66%
Total Payment Rate14.07%
Total Principal Balance$56,359,968,018.99
Investor Participation Amount$750,000,000.00
Seller Participation Amount$6,009,277,457.50
