AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST Issues Series 2026-1 Certificates

What Happened
On September 22, 2026, AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST filed a Form 8-K reporting that it supplemented its Fourth Amended and Restated Pooling and Servicing Agreement with a Series 2026-1 Supplement and issued new asset‑backed certificates. The Trust issued $1,250,000,000 of Class A Asset Backed Certificates, Series 2026-1 (4.99%) and $53,572,000 of Class B Asset Backed Certificates, Series 2026-1 (5.39%). The Series 2026-1 Supplement is attached as Exhibit 4.1 to the filing.

Key Details

• Issuance date: September 22, 2026.
• Class A: $1,250,000,000 principal, 4.99% rate.
• Class B: $53,572,000 principal, 5.39% rate.
• Document: Series 2026-1 Supplement to the Pooling and Servicing Agreement (dated April 1, 2018) filed as Exhibit 4.1.

Why It Matters
This filing documents a securitization transaction: the Trust issued asset‑backed certificates backed by credit account receivables. For investors, the filing signals new supply of fixed‑rate, asset‑backed securities with specified coupon rates and sizes. The transaction affects holders of the Trust’s certificates and parties tracking financing activity tied to American Express credit receivables, and provides the Trust with additional funding secured by the underlying receivables.