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EX-19.2
Independent Auditors' Report



Independent Auditors' Report - Attestation on Management's Assertion
About Compliance With Article III, Section 3.04 (b) of the
Mercantile Credit Card Master Trust Pooling and Servicing Agreement
and Applicable Provisions of the Series 1995-1 Supplement


Mercantile Credit Card Master Trust
c/o Chase Manhattan Bank, as Trustee

Mercantile Bank National Association, as Servicer:

We have examined the accompanying assertion made by management on Mercantile
Bank National Association's (MBNA) compliance, as servicer, with the
requirements for preparation of the Monthly Servicer Certificates in
accordance with Article III, Section 3.04 (b) of the Pooling and Servicing
Agreement for the Mercantile Credit Card Master Trust dated as of May 17,
1995, and the applicable provisions of the Series 1995-1 Supplement, between
MBNA, as seller and servicer, and Chase Manhattan Bank (formerly Chemical
Bank), as Trustee (collectively, the Agreement), for the year ended
August 30, 1999.  Management is responsible for MBNA's compliance with the
requirements for preparation of the Monthly Servicer Certificates in
accordance with Article III, Section 3.04 (b) and applicable supplemental
provisions of the Agreement.  Our responsibility is to express an opinion on
management's assertion about MBNA's compliance based upon our examination.

Our examination was made in accordance with standards established by the
American Institute of Certified Public Accountants and, accordingly, included
examining, on a test basis, evidence about MBNA's compliance with the
aforementioned section and applicable supplemental provisions of the
Agreement and performing such other procedures as we considered necessary in
the circumstances.  We believe that our examination provides a reasonable
basis for our opinion.  Our examination does not provide a legal
determination on MBNA's compliance with that section.

In our opinion, management's assertion that MBNA was in compliance with the
requirements for preparation of the Monthly Servicer Certificates in
accordance with Article III, Section 3.04 (b) and applicable supplemental
provisions of the Agreement for the year ended August 30, 1999, is fairly
stated, in all material respects.




September 17, 1999

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Management Report on Mercantile Bank National Association's
Compliance, as Servicer, With Article III, Section 3.04 (b) of the
Mercantile Credit Card Master Trust Pooling and Servicing Agreement
and Applicable Provisions of the Series 1995-1 Supplement


Management of Mercantile Bank National Association (MBNA), as servicer, is
responsible for preparation of the Monthly Servicer Certificates in
accordance with Article III, Section 3.04 (b) of the Pooling and Servicing
Agreement for the Mercantile Credit Card Master Trust dated as of May 17,
1995, and the applicable provisions of the Series 1995-1 Supplement, among
MBNA, as seller and servicer, and Chase Manhattan Bank (formerly Chemical
Bank), as Trustee (collectively, the Agreement).

Management has performed an evaluation of MBNA's compliance with the
requirements for preparation of the Monthly Servicer Certificates in
accordance with Article III, Section 3.04 (b) and applicable supplemental
provisions of the Agreement for the year ended August 30, 1999.  Based upon
this evaluation, management believes that, for the year ended August 30,
1999, MBNA, as servicer, was materially in compliance with the requirements
for preparation of the Monthly Servicer Certificates in accordance with
Article III, Section 3.04 (b) and applicable supplemental provisions of the
Agreement.


/s/ Keith Roever


Keith Roever
President
September 17, 1999

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