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): January 29, 2004

                           AMERICAN EXPRESS COMPANY
            (Exact name of registrant as specified in its charter)


          New York                      1-7657                 13-4922250
----------------------------   ------------------------    -------------------
(State or other jurisdiction   (Commission File Number)     (I.R.S. Employer
     of incorporation)                                     Identification No.)

       200 Vesey Street, World Financial Center
                  New York, New York                       10285
       ----------------------------------------          ----------
       (Address of principal executive offices)          (Zip Code)

      Registrant's telephone number, including area code: (212) 640-2000

         (Former name or former address, if changed since last report)


Item 9. Regulation FD Disclosure. On January 29, 2004, American Express Company issued a press release announcing a card issuing alliance between American Express Company and MBNA Corporation. A copy of such press release is furnished herein as Exhibit 99.1. Exhibit 99.1 A copy of a press release issued by American Express Company, dated January 29, 2004, announcing a card issuing alliance between American Express Company and MBNA Corporation.

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 COMPANY (REGISTRANT) By /s/ Stephen P. Norman -------------------------- Name: Stephen P. Norman Title: Secretary DATE: February 2, 2004

EXHIBIT INDEX Item No. Description -------- ----------- 99.1 A copy of a press release issued by American Express Company, dated January 29, 2004, announcing a card issuing alliance between American Express Company and MBNA Corporation.

                                                                  EXHIBIT 99.1

News Release       News Release       News Release       News Release       News

                             CARD ISSUING ALLIANCE

                          ON AMERICAN EXPRESS NETWORK

NEW YORK, NY AND WILMINGTON, DE (January 29, 2004)---American Express and MBNA
Corporation today announced that MBNA will issue its own American
Express-branded credit cards in the United States. In addition, the companies
confirmed plans for MBNA to issue American Express-branded credit cards in
Canada, Spain, and the United Kingdom. The cards will carry the American
Express logo and will be accepted on the American Express global merchant
network. MBNA will own the loans and will manage and service the accounts on
its own systems.

Financial terms of the transaction were not disclosed.

The agreement is the first of its kind in the United States between American
Express and a major U.S. financial institution. MBNA will begin issuing the
credit cards later this year, at which time product details will be available.

As a result of this agreement, MBNA will issue credit cards from each of the
three leading payment networks, offering its customers a broader range of
products and providing greater value, convenience, and choice. The new credit
card products developed by MBNA as part of this agreement will be marketed to
MBNA's qualified existing customers and new prospects.

MBNA is the world's largest independent credit card issuer. The company has
affinity or co-branded relationships with more than 5,000 organizations,
including professional associations, colleges and universities, and sports
teams and, through these relationships, has built a broad base of loyal,
high-spending cardholders who comprise one of the most attractive customer
segments for merchants worldwide.

"Today's news marks a fundamental change in the U.S. credit card industry and
we believe it will lead to better value and greater choice for consumers,"
said Ken Chenault, Chairman and CEO of American Express. "Our partnership with
MBNA will be a catalyst for change and generate an environment that fosters
greater product innovation in the years ahead. This partnership will also
leverage the American Express global network, and help to deliver even greater
value to merchants in the form of additional high-spending, loyal customers."

Commenting on the announcement, MBNA President and CEO Bruce L. Hammonds said,
"Research we've performed over the years tells us that our customers, our
affinity partners, and the members of our affinity groups will be very
receptive to an MBNA product with an American Express brand. We are pleased to
have an agreement with American Express that makes economic sense for both
organizations and that provides MBNA numerous marketing opportunities around
the world."

This alliance links the unique strengths of the American Express brand with
the marketing strength of MBNA to provide MBNA's customers with credit card
products that will deliver superior service and a wide array of benefits. The
partnership will help MBNA expand its product offerings and increase customer

John R. Cochran, President and CEO of MBNA America Bank, N.A., MBNA's primary
operating company, said, "This is a great opportunity for MBNA. American
Express is a terrific global brand, and incorporating it into our marketing
efforts around the world will have broad appeal to our customers. We look
forward to working with American Express to make this program a success."

ABOUT AMERICAN EXPRESS American Express Company is a diversified worldwide travel, financial and network services company, founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, financial planning, business services, insurance and international banking. Since 1996, American Express has been aggressively pursuing a strategy of opening its merchant network and card product portfolio to third party issuers around the world. By leveraging its global infrastructure and the powerful appeal of the American Express brand, the Company aims to gain even broader reach for its network worldwide. American Express has now established 80 card-issuing partnership arrangements in close to 90 countries. For more information about American Express and the partnership with MBNA, please visit www.americanexpress.com/bankpartnership. ABOUT MBNA MBNA Corporation, a bank holding company and parent of MBNA America Bank, N.A., a national bank, is the largest independent credit card lender in the world. MBNA also provides retail deposit, consumer loan, and insurance products. MBNA.com provides credit card, consumer loan, retail deposit, travel, and shopping services. FOR MORE INFORMATION, PLEASE CONTACT: AMERICAN EXPRESS Molly Faust: (212) 640-0624 Tony Mitchell: (212) 640-9668 MBNA Jim Donahue: (302) 432-1342