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:

July 31, 2018

Settlement Date:

August 3, 2018 (T+3 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 will be required, because the Notes initially will settle in T+3, 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, you should consult your own advisors.

Maturity Date:

August 3, 2023

Par Amount:

$500,000,000

Day Count:

Actual / 360

Base Rate:

Three-Month LIBOR (Reuters)

Spread:

+75 bps

Public Offering Price:

100.000%

Underwriters’ Commission:

0.350%

Net Proceeds to American Express:

$498,250,000 (before expenses)

Interest Payment Dates and Interest Reset Dates:

Interest on the notes is payable on February 3, May 3, August 3, and November 3 of each year, beginning November 3, 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, November 3, 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:

025816BX6

ISIN:

US025816BX68

Joint Book-Running Managers:

Goldman Sachs & Co. LLC

Merrill Lynch, Pierce, Fenner & Smith
Incorporated

Mizuho Securities USA LLC

Wells Fargo Securities, LLC

Co-Managers:

Lloyds Securities Inc.

MUFG Securities Americas Inc.

SMBC Nikko Securities America, Inc.

TD Securities (USA) LLC

U.S. Bancorp Investments, Inc.

Junior Co-Managers:

Drexel Hamilton, LLC

Westpac Capital Markets LLC