EXHIBIT 12.2AMERICAN EXPRESS COMPANYCOMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES(Dollars in millions)

|                               |  | Nine Months
          Ended |       |                                    |   |       |  |      |       |      |   |       |  |  
|------------------------------ |  | --------------------------- | ----- | ---------------------------------- | - | ----- |  | ---- | ----- | ---- | - | ----- |  | -
|                               |  | September
          30,     |       | Years
          Ended December 31,
|                               |  | 2007                        |       | 2006                               |   | 2005  |  | 2004 |       | 2003
|Earnings:                      |  |                             |       |                                    |   |       |  |      |       |      |   |       |  |  
|Pretax income from             |  |                             |       |                                    |   |       |  |      |       |      |   |       |  |  
|continuing operations          |  | $                           | 4,437 |                                    | $ | 5,139 |  | $    | 4,053 |      | $ | 3,745 |  | $
|Interest expense               |  |                             | 3,166 |                                    |   | 3,132 |  |      | 2,324 |      |   | 1,830 |  |  
|Other adjustments              |  |                             | 107   |                                    |   | 139   |  |      | 150   |      |   | 151   |  |  
|Total earnings (a)             |  | $                           | 7,710 |                                    | $ | 8,410 |  | $    | 6,527 |      | $ | 5,726 |  | $
|                               |  |                             |       |                                    |   |       |  |      |       |      |   |       |  |  
|Fixed charges:                 |  |                             |       |                                    |   |       |  |      |       |      |   |       |  |  
|Interest
        expense       |  | $                           | 3,166 |                                    | $ | 3,132 |  | $    | 2,324 |      | $ | 1,830 |  | $
|Other adjustments              |  |                             | 79    |                                    |   | 106   |  |      | 151   |      |   | 145   |  |  
|Total fixed charges (b)        |  | $                           | 3,245 |                                    | $ | 3,238 |  | $    | 2,475 |      | $ | 1,975 |  | $
|                               |  |                             |       |                                    |   |       |  |      |       |      |   |       |  |  
|Ratio of earnings              |  |                             |       |                                    |   |       |  |      |       |      |   |       |  |  
|to
        fixed charges (a/b) |  |                             | 2.38  |                                    |   | 2.60  |  |      | 2.64  |      |   | 2.90  |  |  

Included in interest expense in the above computation is interest expense related to the cardmember lending activities, international banking operations and charge card and other activities in the American Express Company
(American Express) Consolidated Statements of Income. Interest expense does not include interest on liabilities recorded under FIN 48. American Express policy is to classify such interest in income tax provision in the Consolidated Statements
of Income.

For purposes of the earnings computation, other adjustments include adding the amortization of capitalized interest, the net loss of affiliates accounted for under the equity method whose debt is not
guaranteed by American Express, the minority interest in the earnings of majority-owned subsidiaries with fixed charges, and the interest component of rental expense and subtracting undistributed net income of affiliates accounted for under the
equity method.

For purposes of the fixed charges computation, other adjustments include capitalized interest costs and the interest component of rental expense.

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