UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

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): ~~December~~October 231, ~~2020 (December 18, 2020)~~2021

AMERICAN EXPRESS CREDIT CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

1-6908

11-1988350

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

200 Vesey Street,

New York, New York 10285

(Address of principal executive offices and zip code)

(212) 640-2000

(Registrant's telephone number, including area code)


Not Applicable
(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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

0.625 percent Senior Notes, due November 22, 2021

AXP/21

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.0102 ~~Entry~~Termination ~~into~~of a Material Definitive Agreement

On ~~December~~October 181, ~~2020~~2021, American Express Credit Corporation (the “Company”) ~~entered~~terminated ~~into a First Amendment dated as of December 18, 2020 to~~ its ~~Amended~~amended and ~~Restated~~restated ~~Three~~three-~~Year~~year Credit Agreement dated as of October 15, 2019, ~~(the “Credit Agreement”)~~ among the Company, ~~the banks party thereto and~~ Wells Fargo Bank, National Association, as Administrative Agent, Citibank, N.A. and Deutsche Bank Securities Inc., as Co-Syndication Agents, and the other banks party thereto. The Credit Agreement ~~provides~~provided the Company with a ~~revolving~~committed syndicated credit facility with a borrowing capacity of $3,500,000,000. ~~The~~and ~~amendment~~a tomaturity date of October 15, 2022 (the “Credco Credit ~~Agreement~~Facility”). ~~provides~~No ~~that~~amounts were drawn on the ~~definition~~Credco Credit Facility at the time of ~~“Earnings~~its ~~Available~~termination. ~~for~~Also ~~Fixed~~on ~~Charges”~~October ~~will~~1, ~~include~~2021, ~~certain~~a ~~contributions~~new to$3,500,000,000 ~~additional~~credit ~~paid~~facility inwas ~~capital~~established ofwith ~~the~~American Express Company~~. Other~~ ~~terms~~and ofAmerican ~~the~~Express ~~Credit~~Travel ~~Agreement~~Related ~~were~~Services ~~not~~Company, ~~affected~~Inc. (“TRS”) as co-borrowers and co-obligors.

~~The~~On ~~foregoing~~October ~~description~~5, ~~does~~2021, ~~not~~the ~~purport~~Company toterminated beits ~~complete~~commercial ~~and~~paper isprogram, ~~qualified~~which inhad ~~its~~no ~~entirety~~outstanding byobligations ~~reference~~at to the ~~First~~time. ~~Amendment~~The toCompany ~~the~~had ~~Credit~~nil ~~Agreement,~~commercial apaper ~~copy~~outstanding as of ~~which~~both isJune ~~attached~~30, ~~hereto~~2021 asand ~~Exhibit~~December 1031, 2020.1 ~~and~~The ~~incorporated~~average ~~herein~~commercial bypaper ~~reference~~outstanding was nil and $0. A6 ~~copy~~billion offor the ~~Credit~~six ~~Agreement~~months ~~was~~ended ~~previously~~June ~~filed~~30, ~~with~~2021 and the ~~Company’s~~year ~~Quarterly~~ended ~~Report~~December 31, 2020, respectively. Also on ~~Form~~October ~~10-Q~~5, ~~for~~2021, ~~the~~TRS ~~fiscal~~entered ~~quarter~~into ~~ended~~agreements ~~March~~to ~~31,~~establish ~~2020~~a new commercial paper program.

~~Certain~~Termination of the ~~banks~~Credco ~~under the~~ Credit ~~Agreement,~~Facility ~~as amended, or their affiliates, have,~~ and ~~in the future may engage in business transactions with the Company or its affiliates and have provided, and may in the future from time to time provide, certain~~ commercial ~~and~~paper ~~investment~~program ~~banking, financial advisory,~~ and ~~other services in~~ the ~~ordinary~~establishment ~~course~~ of ~~business~~the ~~for~~new ~~the~~credit ~~Company~~facility and ~~its~~commercial ~~subsidiaries,~~paper ~~for~~program ~~which~~were ~~they~~carried ~~have~~out into ~~the~~simplify ~~past~~American ~~and~~Express’ ~~may~~funding ~~in the future receive customary fees~~ and ~~commissions~~reporting structure.

~~Item~~Borrowings ~~9.01~~under ~~Financial~~the ~~Statements~~Credco Credit Facility were available for general corporate purposes, including to fund the Company’s working capital needs in the ordinary course of business and ~~Exhibits~~as ~~(d)~~backstop ~~Exhibits~~for the Company’s commercial paper outstanding. The availability of the Credco Credit Facility was subject to compliance with certain covenants that required maintenance of a 1.25 minimum fixed charge coverage ratio.

Exhibit			Description
10.1			First Amendment dated as of December 18, 2020 to the Amended and Restated Three-Year Credit Agreement dated as of October 15, 2019.
104			The cover page of this Current Report on Form 8-K, formatted as inline XBRL.

Certain of the lenders under the Credco Credit Facility, or their affiliates, have engaged, and in the future may engage, in business transactions with the Company or its affiliates and have provided, and may in the future from time to time provide, certain commercial and investment banking, financial advisory, and other services in the ordinary course of business for the Company and its affiliates, for which they have in the past and may in the future receive customary fees and commissions.

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SIGNATURE

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 CREDIT CORPORATION
			(REGISTRANT)

			By:			/s/ Douglas C. Turnbull
						Name: Douglas C. Turnbull
						Title: Secretary

Date: ~~December~~October 237, ~~2020~~2021

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