AXP American Express Company

Terms and Conditions

Issuer:

American Express Company

Expected Ratings(1):

A3/BBB+/A (Stable/Stable/Stable) (Moody’s/S&P/Fitch)

Ranking:

Senior unsecured

Trade Date:

October 23, 2017

Settlement Date:

October 30, 2017 (T+5 days). Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes on the date hereof or the next two business days will be required, because the Notes initially will settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. If you wish to trade the Notes on the date hereof or the next two business days, you should consult your own advisors.

Maturity Date:

October 30, 2020

Par Amount:

$500,000,000

Day Count:

Actual / 360

Base Rate:

Three-Month LIBOR (Reuters)

Spread:

+33 bps

Public Offering Price:

100%

Underwriters’ Commission:

0.250%

Net Proceeds to American Express:

$498,750,000 (before expenses)

Interest Payment Dates and Interest Reset Dates:

Interest on the notes is payable on January 30, April 30, July 30, and October 30 of each year, beginning January 30, 2018.

If any Interest Payment Date (other than the maturity date) is not a Business Day, then such Interest Payment Date will be postponed

to the next succeeding Business Day unless that Business Day is in the next succeeding calendar month, in which case the Interest Payment Date will be the immediately preceding Business Day

Interest Periods:

Quarterly.  The initial period will be the period from, and including the Settlement Date to, but excluding January 30, 2018, the initial Interest Payment Date.  The subsequent interest periods will be the periods from, and including the applicable Interest Payment Date to, but excluding, the next Interest Payment Date or the Maturity Date, as applicable

Interest Determination Dates:

Second London banking day prior to applicable Interest Reset Date

Redemption:

American Express Company may redeem the notes, in whole or in part, on or after the date that is 31 days prior to the Maturity Date at a redemption price equal to the principal amount of the notes being redeemed, together with any accrued and unpaid interest thereon to the date fixed for redemption. The notes may be redeemed prior to the date that is 31 days prior to the maturity date if certain events occur involving United States taxation

Listing:

The notes will not be listed on any exchange

Minimum Denominations/Multiples:

Minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof

CUSIP:

025816BQ1

ISIN:

US025816BQ18

Joint Book-Running Managers:

Barclays Capital Inc.

Deutsche Bank Securities Inc.

Mizuho Securities USA LLC

RBC Capital Markets, LLC

Wells Fargo Securities, LLC

Co-Managers:

Lloyds Securities Inc.

MUFG Securities Americas Inc.

RBS Securities Inc.

TD Securities (USA) LLC

U.S. Bancorp Investments, Inc.

Junior Co-Managers:

Castle Oak Securities, L.P.

Drexel Hamilton, LLC

RedTail Capital Markets, LLC

R. Seelaus & Co., Inc.