EXHIBIT 12.2

AMERICAN EXPRESS COMPANY COMPUTATION IN SUPPORT OF RATIO OF
EARNINGS TO FIXED CHARGES(Dollars in millions)

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|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ---------------------------------- | ----- | ------------------------ | - | ----- |  | ---- | ------ | ---- | - | ----- |  | - | ----- | 
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  | Nine Months
 Ended 
 September 30, |       | Years Ended December 31, |  
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  |                                    |       |                          |  
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  | 2009                               |       | 2008                     |   | 2007  |  | 2006 |        | 2005 |  
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  |                                    |       |                          |   |       |  |      |        |      |  
|Earnings:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |  |                                    |       |                          |   |       |  |      |        |      |   |       |  |   |       | 
|Pretax income from continuing operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                |  | $                                  | 1,880 |                          | $ | 3,581 |  | $    | 5,694  |      | $ | 5,152 |  | $ | 3,979 | 
|Interest expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  |                                    | 1,645 |                          |   | 3,628 |  |      | 4,525  |      |   | 3,258 |  |   | 2,415 | 
|Other adjustments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |  |                                    | 85    |                          |   | 144   |  |      | 143    |      |   | 139   |  |   | 150   | 
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  |                                    |       |                          |   |       |  |      |        |      |   |       |  |   |       | 
|Total earnings (a)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |  | $                                  | 3,610 |                          | $ | 7,353 |  | $    | 10,362 |      | $ | 8,549 |  | $ | 6,544 | 
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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  |                                    |       |                          |   |       |  |      |        |      |   |       |  |   |       | 
|Fixed charges:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |  |                                    |       |                          |   |       |  |      |        |      |   |       |  |   |       | 
|Interest expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  | $                                  | 1,645 |                          | $ | 3,628 |  | $    | 4,525  |      | $ | 3,258 |  | $ | 2,415 | 
|Other adjustments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |  |                                    | 79    |                          |   | 114   |  |      | 106    |      |   | 106   |  |   | 151   | 
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  |                                    |       |                          |   |       |  |      |        |      |   |       |  |   |       | 
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  |                                    |       |                          |   |       |  |      |        |      |   |       |  |   |       | 
|Total fixed charges (b)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |  | $                                  | 1,724 |                          | $ | 3,742 |  | $    | 4,631  |      | $ | 3,364 |  | $ | 2,566 | 
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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  |                                    |       |                          |   |       |  |      |        |      |   |       |  |   |       | 
|Ratio of earnings to fixed charges (a/b)                                                                                                                                                                                                                                                                                                                                                                                                                                                                |  |                                    | 2.09  |                          |   | 1.96  |  |      | 2.24   |      |   | 2.54  |  |   | 2.55  | 
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|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 Consolidated Statements of Income. Interest
 expense does not include interest on liabilities recorded in accordance with
 GAAP governing unrecognized tax benefits. American Express policy is to
 classify such interest in income tax provision in the Consolidated Statements
 of Income.
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|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 non-controlling 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.         
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|For purposes
 of the fixed charges computation, other adjustments include capitalized
 interest costs and the interest component of rental expense.                                                                                                                                                                                                                                                                                                                                                

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