Exhibit 99.31
MBNA MASTER CREDIT CARD TRUST II
SERIES 1998-J
KEY PERFORMANCE FACTORS
December 31, 2000
Expected B Maturity 9/15/03
Blended Coupon 5.4367%
Excess Protection Level
3 Month Average 5.91%
December, 2000 2.23%
November, 2000 7.85%
October, 2000 7.65%
Cash Yield19.79%
Investor Charge Offs10.15%
Base Rate 7.42%
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$750,000,000.00
Seller Participation Amount$5,990,287,874.98
