Exhibit 99.28
MBNA MASTER CREDIT CARD TRUST II
SERIES 1998-F
KEY PERFORMANCE FACTORS
December 31, 2000
Expected B Maturity 9/15/05
Blended Coupon 6.6763%
Excess Protection Level
3 Month Average 4.52%
December, 2000 0.56%
November, 2000 6.60%
October, 2000 6.40%
Cash Yield19.79%
Investor Charge Offs10.15%
Base Rate 9.09%
Over 30 Day Delinquency 4.72%
Seller's Interest10.47%
Total Payment Rate13.35%
Total Principal Balance$57,190,978,436.47
Investor Participation Amount$500,000,000.00
Seller Participation Amount$5,990,287,874.98
