Bank of America prices $250 million in Credit Card Asset-Backed Notes from the MBNA Credit Card Master Note Trust

February 23, 2006, CHARLOTTE - Bank of America’s MBNA America Bank, N.A., yesterday priced an offering of $250 million in credit card asset-backed notes from the MBNA Credit Card Master Note Trust.

The Class B (2006-1) consists of $250 million floating rate asset backed notes. The seven-year notes were priced at par and will accrue interest at 22 basis points over the one-month London Interbank Offered Rate (“LIBOR”).

This offering, scheduled to close on March 3, 2006, was lead managed by Banc of America Securities LLC and co-managed by Citigroup and RBS Greenwich Capital.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may obtain the prospectus for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send to you the prospectus if you request it by calling toll-free 1-800-294-1322 or you may e-mail a request to dg.prospectus_distribution@bofasecurities.com.

Contact Information

Eloise Hale

Bank of America Corporation

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