American Express Company: Rating Report

Ratings

• American Express Bank, FSB

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  28-Sep-17	Long-Term Issuer Rating	A (high)	Stb	New Rating	US E
  28-Sep-17	Short-Term Issuer Rating	R-1 (middle)	Stb	New Rating	US E
  28-Sep-17	Long-Term Deposits	A (high)	Stb	Confirmed	US E
  28-Sep-17	Long-Term Senior Debt	A (high)	Stb	Confirmed	US E
  28-Sep-17	Short-Term Instruments	R-1 (middle)	Stb	Confirmed	US E

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• American Express Canada Credit Corporation

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  28-Sep-17	Medium-Term Notes (Guaranteed by American Express Credit Corporation)	A (high)	Stb	Confirmed	US

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• American Express Centurion Bank

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  28-Sep-17	Long-Term Issuer Rating	A (high)	Stb	New Rating	US E
  28-Sep-17	Short-Term Issuer Rating	R-1 (middle)	Stb	New Rating	US E
  28-Sep-17	Long-Term Deposits	A (high)	Stb	Confirmed	US E
  28-Sep-17	Long-Term Senior Debt	A (high)	Stb	Confirmed	US E
  28-Sep-17	Short-Term Instruments	R-1 (middle)	Stb	Confirmed	US E

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• American Express Company

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  28-Sep-17	Long-Term Issuer Rating	A (high)	Stb	New Rating	US
  28-Sep-17	Short-Term Issuer Rating	R-1 (middle)	Stb	New Rating	US
  28-Sep-17	Long-Term Senior Debt	A (high)	Stb	Confirmed	US
  28-Sep-17	Short-Term Instruments	R-1 (middle)	Stb	Confirmed	US
  28-Sep-17	Subordinated Notes	A	Stb	Confirmed	US
  28-Sep-17	Noncumulative Preferred Shares	BBB (high)	Stb	Confirmed	US

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• American Express Credit Corporation

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  28-Sep-17	Long-Term Issuer Rating	A (high)	Stb	New Rating	US
  28-Sep-17	Short-Term Issuer Rating	R-1 (middle)	Stb	New Rating	US
  28-Sep-17	Long-Term Senior Debt	A (high)	Stb	Confirmed	US
  28-Sep-17	Short-Term Instruments	R-1 (middle)	Stb	Confirmed	US

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• American Express Travel Related Services Company, Inc.

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  28-Sep-17	Long-Term Issuer Rating	A (high)	Stb	Confirmed	US
  28-Sep-17	Short-Term Issuer Rating	R-1 (middle)	Stb	New Rating	US
  28-Sep-17	Short-Term Instruments	R-1 (middle)	Stb	Confirmed	US

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