Exhibit 21

SUBSIDIARIES OF THE REGISTRANT

Unless otherwise indicated by an asterisk (*), all of the voting securities of these subsidiaries are directly or indirectly owned by the registrant. The indentation reflects the principal parent of each subsidiary.

Name								Country Name	Jurisdiction
American Express Company								United States	New York
	56th Street AXP Campus LLC							United States	Arizona
	American Express Austria Bank GmbH							Austria	Austria
	American Express Bank LLC							Russian Federation	Russia
	American Express Banking Corp.							United States	New York
	American Express Travel Related Services Company, Inc.							United States	New York
		Accertify, Inc.						United States	Delaware
		American Express Bank (Mexico) S.A. Institucion de Banca Multiple						Mexico	Mexico
			American Express Bank Services, S. de R.L. de C.V.					Mexico	Mexico
		American Express Bank, FSB						United States	Federal, United States
			American Express Receivables Financing Corporation IV LLC					United States	Delaware
		American Express Centurion Bank						United States	Utah
			American Express Receivables Financing Corporation III LLC					United States	Delaware
		American Express Company (Mexico) S.A. de C.V.						Mexico	Mexico
			American Express Insurance Services, Agente de Seguros, S.A. de C.V.					Mexico	Mexico
			American Express Servicios Profesionales, S. de R.L. de C.V.					Mexico	Mexico
		American Express Credit Corporation						United States	Delaware
			American Express Capital Australia					Australia	New South Wales
			American Express Credit Mexico, LLC					United States	Delaware
				Fideicomiso Empresarial Amex				Mexico	Mexico
			American Express Luxembourg S.a r.l					Luxembourg	Luxembourg
			American Express Overseas Credit Corporation Limited					Jersey	Jersey
				AEOCC Management Company Limited				Jersey	Jersey
				American Express Funding (Luxembourg) S.a.r.l				Luxembourg	Luxembourg
				American Express Overseas Credit Corporation N.V.				Netherlands Antilles	Netherlands Antilles
					AE Hungary Holdings Limited Liability Company			Hungary	Hungary
						American Express Canada Credit Corporation		Canada	Nova Scotia
						American Express Canada Finance Limited		Canada	British Columbia
							American Express Jersey Finance Limited	Jersey	Jersey
			Credco Receivables Corp.					United States	Delaware
		American Express GP Japan K.K.						Japan	Japan
		American Express Insurance Agency of Puerto Rico, Inc.						Puerto Rico	Puerto Rico
		American Express International (NZ), Inc.						United States	Delaware
		American Express Limited						United States	Delaware
			American Express (Malaysia) SDN. BHD.					Malaysia	Malaysia
			American Express Brasil Assessoria Empresarial Ltda.					Brazil	Brazil
			American Express de Espana, S.A. (Sociedad Unipersonal)					Spain	Spain
				American Express Card Espana, S.A.U.				Spain	Spain
				American Express Viajes, S.A. (Sociedad Unipersonal)				Spain	Spain
				Amex Asesores de Seguros, S.A. (Sociedad Unipersonal)				Spain	Spain

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Name										Country Name	Jurisdiction
	American Express European Holdings B.V.									Netherlands	Netherlands
		Alpha Card S.C.R.L./C.V.B.A.*								Belgium	Belgium
			Alpha Card Merchant Services S.C.R.L./C.V.B.A.*							Belgium	Belgium
			BCC Corporate NV/SA*							Belgium	Belgium
	American Express International, Inc.									United States	Delaware
		AE Exposure Management Limited								Jersey	Jersey
		American Express (India) Private Limited								India	India
		American Express (Thai) Company Limited								Thailand	Thailand
		American Express Advanced Services Europe Limited								United Kingdom	England and Wales
		American Express Asia Network Consulting (Beijing) Limited Company								China	China
		American Express Continental, LLC								United States	Delaware
			American Express Australia Limited							Australia	Victoria
				American Express Wholesale Currency Services Pty Limited						Australia	New South Wales
				Centurion Finance Limited						New Zealand	New Zealand
			American Express Dutch Capital, LLC							United States	Delaware
			American Express Travel Holdings Netherlands B.V.							Netherlands	Netherlands
				American Express Travel Holdings Netherlands Cooperatief U.A.						Netherlands	Netherlands
					GBT III B.V.*					Netherlands	Netherlands
				American Express Travel Services Vostok LLC						Russian Federation	Russian Federation
				American Express, spol. s r.o.						Czech Republic	Czech Republic
			Amex Funding Management (Europe) Limited							Jersey	Jersey
				Loyalty Partner Holdings S.A.						Luxembourg	Luxembourg
					LB Luxembourg Two S.a.r.l.					Luxembourg	Luxembourg
						Loyalty Partner GmbH				Germany	Germany
							Loyalty Partner Singapore Pte Ltd.*			Singapore	Singapore
								Loyalty Solutions & Research Pte Ltd.*		India	India
							Loyalty Partner Solutions GmbH			Germany	Germany
							LP Management Verwaltung GmbH			Germany	Germany
								LP Management Beteiligung GmbH & Co. KG		Germany	Germany
							Payback GmbH			Germany	Germany
								emnos GmbH		Germany	Germany
									emnos Iberia S.L.	Spain	Spain
									emnos S.a.r.l.	France	France
									emnos UK Ltd.	United Kingdom	United Kingdom
									emnos USA Corp.	United States	Delaware
								Loyalty Partner Polska Sp. z o.o.		Poland	Poland
									Loyalty Partner Polska Sp. z o.o. Sp. komandytowa	Poland	Poland
			Amex Global Holdings C.V.							Netherlands	Netherlands
			Amex NL Holdings 99, LLC							United States	Delaware
				American Express Holdings Netherlands CV						Netherlands	Netherlands
			Loyalty Partner Holdings B.V.							Netherlands	Netherlands
				Loyalty Partner Services Mexico, S. de R.L. de C.V.						Mexico	Mexico
				PAYBACK Italia S.r.l.						Italy	Italy
				Payback Mexico S. de R.L. de C.V.						Mexico	Mexico
			American Express Holdings Limited							United Kingdom	England and Wales
				American Express Insurance Services Europe Limited						United Kingdom	England and Wales
				American Express Services Europe Limited						United Kingdom	England and Wales

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Name										Country Name	Jurisdiction
				American Express Denmark A/S						Denmark	Denmark
				American Express Europe LLC						United States	Delaware
				American Express Group Services Limited						United Kingdom	England and Wales
				American Express International (Taiwan), Inc.						Taiwan	Taiwan
				American Express International Holdings, LLC						United States	Delaware
					American Express Argentina S.A.					Argentina	Argentina
					American Express Holdings (France) SAS					France	France
						American Express France SAS				France	France
							American Express Canada Holdings B.V.			Netherlands	Netherlands
								American Express Holding AB		Sweden	Sweden
									Forsakringsaktiebolaget Viator	Sweden	Sweden
								Amex Broker Assicurativo s.r.l.		Italy	Italy
								Amex Canada Inc.		Canada	Ontario
							American Express Carte France SA			France	France
							American Express Services SA			France	France
								American Express Paris SAS		France	France
						American Express Management				France	France
							American Express France Finance SNC			France	France
				American Express Japan Co., Ltd.						Japan	Japan
				American Express Locazioni Finanziarie s.r.l.						Italy	Italy
				American Express Payment Services Limited						United Kingdom	England and Wales
				American Express Services India Limited						India	India
				American Express Swiss Holdings GmbH						Switzerland	Switzerland
					Swisscard AECS GmbH*					Switzerland	Switzerland
				American Express Technology Service (Hangzhou) Company Limited						China	China
				American Express TLS HK Limited						Hong Kong	Hong Kong
				Amex General Insurance Agency, Inc.						Taiwan	Taiwan
				Amex Life Insurance Marketing, Inc.						Taiwan	Taiwan
				Amex Taiwan Trust						United States	Delaware
			American Express Service (Thailand) Company Limited							Thailand	Thailand
			PT American Express Indonesia							Indonesia	Indonesia
		American Express Marketing & Development Corp.								United States	Delaware
		American Express Prepaid Card Management Corporation								United States	Arizona
		American Express Receivables Financing Corporation II								United States	Delaware
		American Express Receivables Financing Corporation VIII LLC								United States	Delaware
		Amex (Middle East) B.S.C. (closed)*								Bahrain	Bahrain
			Amex (Saudi Arabia) Limited*							Saudi Arabia	Saudi Arabia
			Amex Al Omania LLC*							Oman	Oman
			Amex Egypt Company Limited Liability Company*							Egypt	Egypt
		Amex Bank of Canada								Canada	Federal, Canada
		Amex Services, Inc.								United States	Delaware
			vente-privee USA, LLC*							United States	Delaware
		Asesorías e Inversiones American Express Chile Limitada								Chile	Chile
		Bansamex, S.A.*								Spain	Spain
		Cavendish Holdings, Inc.								United States	Delaware
		Sometrics, Inc.								United States	California
		Southern Africa Travellers Cheque Company (Pty) Ltd								South Africa	South Africa
		Travellers Cheque Associates Limited*								United Kingdom	England and Wales
	AMEX Assurance Company									United States	Illinois
	AMEXCO Insurance Company									United States	Vermont
	Rexport, Inc.									United States	Delaware

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