American Express Company (the Company) is hereby furnishing below
delinquency and write-off statistics for its U.S. Consumer
Services (USCS) operating segments Card Member loans and its U.S.
Small Business Card Member loans within its Global Commercial
Services operating segment for the months ended August 31,
September 30 and October 31, 2016.

Historical Card Member loan, delinquency and write-off statistics
for USCS, U.S. Small Business and Card Members loans related to
cobrand partnerships with Costco Wholesale Corporation in the
U.S. and JetBlue Airways Corporation (the HFS Portfolios) are
attached as Exhibit 99.1 to this Current Report on Form 8-K and
are incorporated herein by reference.

American Express Company

U.S. Consumer Services and U.S. Small Business

Delinquency and Write-off Rate Statistics

As of and for the months ended August 31, September 30 and
October 31, 2016

(Billions, except percentages)

(a)	Net write-off rate based on principal only (i.e., excluding interest and /or fees).

(b)

Reflects the impact of U.S. Consumer and Small Business Card Member loans reclassified as Card Member loans held for investment from Card Member loans held for sale on the Consolidated Balance Sheets, which totaled $184 million, $160 million and $143 million as of August 31, September 30 and October 31, 2016, respectively. Excluding those loans, adjusted 30 days past due loans as a % of total, a non-GAAP measure, was 1.1% and 1.0% for USCS and U.S. Small Business, respectively, as of October 31, 2016 and the adjusted net write-off rate principal only, a non-GAAP measure, was 1.5% and 1.4% for USCS and U.S. Small Business, respectively, as of October 31, 2016.

The statistics presented above provide information that is
additional to the data reported by the American Express Credit
Account Master Trust (the Lending Trust) in its monthly Form 10-D
report filed with the Securities and Exchange Commission. The
Card Member loans that have been securitized through the Lending
Trust do not possess identical characteristics with those of the
USCS or U.S. Small Business Card Member loans. The reported
credit performance of the Lending Trust may, on a month-to-month
basis, be better or worse as a result of, among other things,
differences in the mix, vintage and aging of loans, including
with respect to the performance of Card Member loans reclassified
as Card Member loans held for investment from Card Member loans
held for sale on the Consolidated Balance Sheet, the use of
end-of-period principal loan balances to calculate write-off
statistics in the Lending Trust compared to the use of average
loan balances over the reporting period used in the statistics of
the USCS and U.S. Small Business Card Member loans, as well as
other mechanics of the calculation for the Lending Trust net
write-off rate, which is impacted by any additions to the Lending
Trust within a particular period.

Set forth below is certain information regarding the credit
performance of the Lending Trust for its three most recent
monthly reporting periods, as reported in its Form 10-D report
filed with respect to each such period.

American Express Credit Account Master Trust

(Billions, except percentages)

EXHIBIT

99.1	Historical information relating to Card Member loan, delinquency and write-off statistics for USCS, U.S. Small Business and the HFS Portfolios.