Washington, D.C. 20549

                                   FORM 8-K

                                CURRENT REPORT

                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): June 30, 2009

                           AMERICAN EXPRESS COMPANY
            (Exact name of registrant as specified in its charter)

         New York                      1-7657                   13-4922250
-----------------------------  ------------------------    -------------------
(State or other jurisdiction   (Commission File Number)     (IRS Employer
 of incorporation                                            Identification No.)
 or organization)

      200 Vesey Street, World Financial Center
      New York, New York                                        10285
      ---------------------------------------------------       ----------
      (Address of principal executive offices)                 (Zip Code)

      Registrant's telephone number, including area code: (212) 640-2000

         (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):

[   ] Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
      CFR 240.14a-12)

[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))


American Express Company (the "Company") reported today that its wholly-owned
subsidiaries, American Express Centurion Bank ("AECB") and American Express
Bank, FSB ("AEBFSB" and together with AECB, the "Banks")), have entered into
separate settlement agreements with the Federal Deposit Insurance Corporation
("FDIC") and the Office of Thrift Supervision ("OTS"), respectively. The
settlements are related to convenience checks used by certain cardmembers,
which were declined as a result of a change in the cardmember's risk profile.
Pursuant to the terms of the settlements agreed to with the FDIC and the OTS,
AECB and AEBFSB have each agreed to pay a civil money penalty of $250,000 and
have agreed to make payments to qualifying cardmembers for fees that may have
been incurred as a result of the Banks' declining the convenience checks. Such
payments are expected to total approximately $3.5 million. Pursuant to the
terms of the settlements, the Banks have also agreed to modify certain
practices of their convenience check programs and disclosures and to assist
qualifying cardmembers in the removal of their respective names from any "bad
check" registry or similar database. In reaching settlements with the FDIC and
the OTS, neither AECB nor AEBFSB has admitted or denied any violations of law.



         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                    AMERICAN EXPRESS COMPANY

                                                    By:  /s/ Carol V. Schwartz
                                                   Name:  Carol V. Schwartz
                                                   Title: Secretary

Date:  June 30, 2009