Exhibit 99.1


                         ANNUAL SERVICER'S CERTIFICATE

                            AMERICAN EXPRESS TRAVEL
                         RELATED SERVICES COMPANY, INC.

         ------------------------------------------------------------------

                          AMERICAN EXPRESS MASTER TRUST

         ------------------------------------------------------------------

     The  undersigned,  a duly  authorized  representative  of American  Express
Travel Related  Services  Company,  Inc., as Servicer  ("TRS"),  pursuant to the
Amended and Restated  Master Pooling and Servicing  Agreement dated as of May 1,
1998 (as  amended  and  supplemented,  the  "Agreement"),  by and among TRS,  as
Servicer,  American  Express  Centurion  Bank, a Utah banking  institution,  and
American Express Receivables Financing Corporation,  each as Transferor, and The
Bank of New York, as trustee (the "Trustee"), does hereby certify to the best of
his knowledge after reasonable investigation that:

     1. TRS is as of  the  date   hereof   the  Servicer  under  the  Agreement.
Capitalized  terms used in this Certificate  have their respective  meanings set
forth in the Agreement.

     2. The  undersigned  is  duly  authorized  pursuant  to  the  Agreement  to
execute and deliver this Certificate to the Trustee.

     3. This Certificate is delivered pursuant to Section 3.05 of the Agreement.

     4. A  review  of  the  activities  of  the  Servicer  during  the  calendar
year  ended  December 31, 1999  and  of  its performance under the Agreement was
conducted under my supervision.

     5. Based  on  such  review,  to  the  best of my  knowledge,  the  Servicer
has fully  performed  all  its  obligations  under the Agreement throughout such
calendar year and no event  which,  with the giving of notice or passage of time
or  both, would  constitute  a  Servicer Default  has occurred and is continuing
except as set forth in paragraph 6 below.

     6. The following  is  a   description  of  each  Servicer  Default  in  the
performance of the Servicer's  obligations or Early Amortization Event under the
provisions  of  the  Agreement known to me to have been made during the calendar
year ended December 31, 1999,  which sets forth in detail (i) the nature of each
such Servicer  Default or Early Amortization  Event,  (ii) the  action  taken by
the Servicer, if any, to remedy each such Servicer Default or Early Amortization
Event, and (iii) the current status of each such default: NONE.

     IN WITNESS  WHEREOF,  the  undersigned,  a duly  authorized  officer of the
Servicer, has duly executed this Certificate this 14th day of March, 2000.

                                 AMERICAN EXPRESS TRAVEL RELATED
                                 SERVICES COMPANY, INC., as Servicer

                                 By:  /s/  Lawrence Fazzari
                                     ------------------------------
                                     Name:  Lawrence Fazzari
                                     Title: Vice President - Business Results
<PAGE>


                                                             EXHIBIT 99.2




REPORT OF INDEPENDENT ACCOUNTANTS


American Express Travel Related Services Company, Inc.
3 World Financial Center
200 Vesey Street
New York, New York 10285

American Express Centurion Bank
6985 Union Park Center, Suite 235
Midvale, UT 84047

American Express Receivables Financing Corporation
3 World Financial Center
200 Vesey Street
New York, New York 10285

         and

The Bank of New York
101 Barclay Street, Floor 12E
New York, New York 10286

We  have  audited  in  accordance  with auditing standards generally accepted in
the United  States the  consolidated  balance sheet of American  Express  Travel
Related Services Company,  Inc. (the "Company") as of December 31, 1999, and the
related consolidated statements of income,  shareholder's equity, and cash flows
for the year then ended,  and have issued our report  thereon dated  February 3,
2000.

In connection  with our audit,  nothing came to our attention  that caused us to
believe that the Company failed to comply with the terms, covenants, provisions,
or  conditions  of  Articles  III and IV and  Section  8.08 of the  Amended  and
Restated  Master  Pooling and  Servicing  Agreement,  dated as of May 1, 1998 as
supplemented by the Series' 1992-2,  1993-1,  1994-1,  1994-2,  1994-3,  1996-1,
1996-2, and 1998-1 Supplements (together the "Agreement"), among the Company, as
Servicer,   American  Express  Receivables  Financing  Corporation  ("RFC")  and
American Express Centurion Bank ("Centurion"),  as Transferors,  and The Bank of
New York ("BONY"), as Trustee on behalf of the  Certificateholders of the Trust,
insofar as they relate to accounting matters. However, our audit is not directed
primarily toward obtaining knowledge of such  noncompliance.  Also, it should be
understood   that  we  make  no   representations   as  to  questions  of  legal
interpretation.

<PAGE>


This report is intended solely for the information and use of the Company,  RFC,
Centurion,  BONY,  Moody's Investors  Services and Standard & Poor's Corporation
and is not  intended  to be and  should  not be used by anyone  other than these
specified  parties.  However,  this  report is a matter of public  record,  as a
result of inclusion as an exhibit to the Annual Report to  Shareholders  on Form
10-K filed by RFC on behalf of the Trust, and its distribution is not limited.


/s/ Ernst & Young LLP

March 15, 2000

<PAGE>




REPORT OF INDEPENDENT ACCOUNTANTS



American Express Travel Related Services Company, Inc.
3 World Financial Center
200 Vesey Street
New York, New York 10285

American Express Centurion Bank
6985 Union Park Center, Suite 235
Midvale, UT 84047

American Express Receivables Financing Corporation
3 World Financial Center
200 Vesey Street
New York, New York 10285

         and

The Bank of New York
101 Barclay Street, Floor 12E
New York, New York 10286

We   have   examined   management's   assertion  that  American  Express  Travel
Related Services Company,  Inc.  ("TRS"),  a wholly owned subsidiary of American
Express Company ("American  Express"),  maintained internal control policies and
procedures  over the  functions  performed as Servicer of the  American  Express
Master Trust (the  "Trust")  that are  effective,  as of December  31, 1999,  in
providing  reasonable  assurance that Trust assets are safeguarded  against loss
from  unauthorized  use or  disposition  and that  transactions  are executed in
accordance with  management's  authorization  in conformity with the Amended and
Restated  Master  Pooling and Servicing  Agreement,  dated as of May 1, 1998, as
supplemented by the Series' 1992-2,  1993-1, 1994-2, 1994-3, 1996-1, 1996-2, and
1998-1 Supplements (together the "Agreements"),  among TRS as Servicer, American
Express Receivables Financing Corporation ("RFC") and American Express Centurion
Bank  ("Centurion"),  as  Transferors,  and The Bank of New York,  as Trustee on
behalf of the  Certificateholders  of the Trust,  and are  recorded  properly to
permit the  preparation  of the required  financial  reports.  This assertion is
included in the accompanying report of management titled,  "Report of Management
on Master  Trust  Internal  Control  Policies  and  Procedures  and  Pooling and
Servicing Agreement Compliance" (the "Report").

<PAGE>


Our  examination  was  made  in  accordance  with  standards  established by the
American Institute of Certified Public  Accountants,  and accordingly,  included
obtaining an  understanding of the internal control policies and procedures over
the functions performed by TRS as Servicer of the Trust,  testing and evaluating
the design and operating effectiveness of the policies and procedures,  and such
other  procedures as we considered  necessary in the  circumstances.  We believe
that our examination provides a reasonable basis for our opinion.

Because  of   inherent  limitations  in   any   internal   control  policy   and
procedure,  errors  or  irregularities  may  occur  and not be  detected.  Also,
projections of any evaluation of the control  structure  policies and procedures
over the functions  performed by TRS as Servicer of the Trust to future  periods
are subject to the risk that the policies and procedures  may become  inadequate
because of  changes in  conditions  or that the  degree of  compliance  with the
policies or procedures may deteriorate.

In  our  opinion,  management's  assertion  that TRS maintained internal control
policies and  procedures  over the functions  performed as Servicer of the Trust
that are effective,  as of December 31, 1999, in providing  reasonable assurance
that  Trust  assets  are  safeguarded  against  loss  from  unauthorized  use or
disposition and that  transactions are executed in accordance with  management's
authorization  in conformity with the Agreement between TRS as Servicer, RFC and
Centurion as Transferors,  and The Bank of New York, as Trustee on behalf of the
Certificateholders  of the  Trust,  and are  recorded  properly  to  permit  the
preparation of the required financial reports, is fairly stated, in all material
respects, based upon the criteria specified in the Report.

This  report  is  intended  solely  for  the information and use of the Board of
Directors and management of TRS as Servicer,  RFC and Centurion as  Transferors,
and The Bank of New York as Trustee on behalf of the  Certificateholders  of the
Trust,  and is not  intended  to be and should not be used by anyone  other than
these specified parties. However, this report is a matter of public record, as a
result of inclusion as an exhibit to the Annual Report to  Shareholders  on Form
10-K filed by RFC on behalf of the Trust, and its distribution is not limited.



/s/ Ernst & Young LLP

March 15, 2000




<PAGE>




              REPORT OF MANAGEMENT ON MASTER TRUST INTERNAL CONTROL
                POLICIES AND PROCEDURES AND POOLING AND SERVICING
                              AGREEMENT COMPLIANCE


Internal Control Policies and Procedures
----------------------------------------

American  Express Travel Related  Services  Company,  Inc.  ("TRS"),  which is a
wholly-owned   subsidiary  of  American  Express  Company,  is  responsible  for
establishing and maintaining effective control structure policies and procedures
over the functions  performed as Servicer of the American  Express  Master Trust
(the "Trust").  These policies and procedures are designed to provide reasonable
assurance  to TRS's  management  and board of  directors  that Trust  assets are
safeguarded   against  loss  from  unauthorized  use  or  disposition  and  that
transactions  are executed in  conformity  with the Amended and Restated  Master
Pooling  and  Servicing  Agreement  dated as of May 1, 1998 as  supplemented  by
Series' 1993-1,  1994-2, 1994-3, 1996-1, 1996-2 and 1998-1 Supplements (together
the "Agreement"),  among TRS as Servicer, American Express Receivables Financing
Corporation  ("RFC")  and  American  Express  Centurion  Bank  ("Centurion")  as
Transferors,   and  The  Bank  of  New  York  as   Trustee   on  behalf  of  the
Certificateholders  of the  Trust,  and are  recorded  properly  to  permit  the
preparation of the required financial reports.

There are inherent  limitations  in any internal  control  policy and procedure,
including the possibility of human error and the  circumvention or overriding of
controls.  Accordingly,  even effective internal control policies and procedures
can provide only  reasonable  assurance  with respect to the  achievement of any
objectives of internal control.  Further, because of changes in conditions,  the
effectiveness  of the internal  control  policies and  procedures  may vary over
time.

TRS has  determined  that the objectives of its control  structure  policies and
procedures,  with respect to servicing and reporting of transferred receivables,
are to provide reasonable, but not absolute assurance that:

o    Funds collected are appropriately allocated to the Trust in accordance with
     the Agreement.

o    The addition of Accounts to the Trust are authorized in accordance with the
     Agreement.


<PAGE>




o    The removal of Accounts from the Trust are  authorized  in accordance  with
     the Agreement.

o    Trust assets  amortizing out of the Trust are calculated in accordance with
     the Agreement.

o    Daily  records  as  specified  in the  Agreement  are  maintained  and  are
     available for inspection by the Trustee upon request.

o    Monthly  Servicer's  Certificates  are  prepared  and contain the  required
     information in accordance with the Agreement.

o    Monthly  Servicer's  Certificates  generated  pursuant to the Agreement are
     materially  correct  and are derived  from and  reconcile  to the  computer
     reports which are the source of such amounts contained in the reports.

o    On an annual  basis,  the  Servicer  will  deliver to the Trustee an Annual
     Servicer's Certificate.

o    The payments to the Trustee are made by the Servicer in accordance with the
     Agreement.

TRS has assessed its internal control policies and procedures over the functions
performed  as Servicer of the Trust in  relation to these  criteria.  Based upon
this  assessment,  TRS  maintained  that, as of December 31, 1999,  its internal
control policies and procedures over the functions  performed as Servicer of the
Trust are  effective in  providing  reasonable  assurance  that Trust assets are
safeguarded   against  loss  from   unauthorized  use  or  disposition  and  the
transactions  are executed in  accordance  with  management's  authorization  in
conformity  with the  Agreement  among TRS as  Servicer,  RFC and  Centurion  as
Transferors,   and  The  Bank  of  New  York  as   Trustee   on  behalf  of  the
Certificateholders  of the  Trust,  and are  recorded  properly  to  permit  the
preparation of the required financial reports.

Pooling and Servicing Agreement Compliance
------------------------------------------

TRS  is  responsible  for  complying  with  the  Agreement.   TRS  assessed  its
compliance,  as of December 31, 1999 and for the annual  compliance  period then
ended, with the relevant covenants and conditions  identified in the Agreements.
Based upon this  assessment  and the  delivery of the  independent  accountant's
letters  pursuant  to  Section  3.06  (a) and (b) of the  Agreement,  TRS was in
compliance,  as of December 31, 1999 and for the annual  compliance  period then
ended, with the relevant  covenants and conditions  identified in the Agreement.
In addition,  TRS did not identify any instances of  noncompliance in performing
the assessment.

March 15, 2000


<PAGE>




            American Express Travel Related Services Company, Inc. by:







Date signed  3/29/00                 /s/ Maureen B. Tart-Bezer
            -----------------       ----------------------------
                                    Maureen B. Tart-Bezer
                                    Senior Vice President and
                                    Chief Financial Officer, TRS




Date signed  3/24/00                 /s/ Bill Taylor
            -----------------       ----------------------------
                                    Bill Taylor
                                    Senior Vice President and
                                    Chief Financial Officer, CCSG Finance




Date signed  3/23/00                 /s/ Lawrence Fazzari
            -----------------       ----------------------------
                                    Lawrence Fazzari
                                    Vice President, CCSG Business Results


<PAGE>

                                                             EXHIBIT 99.3


                              Servicer's Certificate
             American Express Travel Related Services Company, Inc.
                                 Annual Statement
       Relating to the Period December 29, 1998 through December 26, 1999

                  ----------------------------------------------
                           American Express Master Trust
                  ----------------------------------------------

     The  undersigned, a  duly  authorized  representative  of  American Express
     Travel Related Services Company,  Inc. ("TRS"), as Servicer pursuant to the
     Amended and Restated Master Pooling and Servicing Agreement dated as of May
     1, 1998 (as  amended,  the  "Agreement"),  as  supplemented  by the  Series
     Supplements,   amongst  TRS,   American   Express   Receivables   Financing
     Corporation   ("RFC"),  and  American  Express  Centurion  Bank  (AECB)  as
     Transferor,  and The Bank of New York, as Trustee,  does hereby certify the
     information set forth below.

1.   Capitalized  terms used in this Certificate have their respective  meanings
     as  set  forth  in  the  Agreement  or  Series  Supplement  as  applicable.
     References herein to certain sections and subsections are references to the
     respective sections and subsections in the Agreement.

2.   TRS is Servicer under the Agreement.

3.   The undersigned is a Servicing Officer.

4.   This  Certificate  relates to the period from  December  29,  1998  through
     December 26, 1999.


A.   Information Regarding the American Express Master Trust

1.   Trust Principal Component at
            December 29, 1998.....                           $6,618,962,209.69

2.   Aggregate Invested Amounts at
            December 29, 1998.....                           $4,208,494,207.00

3.   Transferor Amount at
            December 29, 1998.....                           $2,410,468,002.69

4.   Trust Principal Component at
            December 26, 1999.....                           $7,068,822,423.11

5.   Aggregate Invested Amounts at
            December 26, 1999.....                           $3,679,393,678.00

6.   Transferor Amount at
            December 26, 1999.....                           $3,389,428,745.11


B.   Information Regarding Performance of the American Express Master Trust
     Receivable Pool

1.   The aggregate Receivable balance as of

   (a) December 29, 1998 was equal to.....                   $6,823,672,381.13
   (b) December 26, 1999 was equal to.....                   $7,287,445,797.01



<PAGE>


                         Servicer's Certificate
           American Express Travel Related Services Company, Inc.
      Relating to the Period December 29, 1998 through December 26, 1999


2.    The Yield Factor in effect from December 29, 1998 through
       December 26, 1999 was equal to.....                             3.0000%

3. (a)The aggregate amount of Collections on Receivables,
       exclusive of recoveries for the period December 29, 1998
       through December 26, 1999 was equal to.....          $55,166,513,308.78

3. (b)The aggregate balance of Receivables
       deposited to the Collection Account
       pursuant to Sections 2.04(d) and 3.03
       of the Agreement for the period December 29, 1998
       through December 26, 1999 was equal to.....          $            0.00

4.    The aggregate amount of Principal Collections
       for the period December 29, 1998 through December 26, 1999
       was equal to.....                                    $53,511,517,909.52

5.    The aggregate amount of Yield Collections
       for the period December 29, 1998 through December 26, 1999
       was equal to.....                                    $ 1,654,995,399.26

6.    Gross Losses
       [The aggregate amount of Receivables for all Accounts
       which became Defaulted Accounts during the period
       December 29, 1998 through December 26, 1999
       was equal to]...                                     $   206,812,403.00

7.    The aggregate amount of Recoveries
       for the period December 29, 1998 through December 26, 1999
       was equal to.....                                    $    58,539,041.81

8. (a)Net Losses [Gross Losses, less Recoveries]
       for the period December 29, 1998 through December 26, 1999
       was equal to.....                                    $   148,273,361.19

8. (b)The Default Amount [Net Losses, times
       (1 minus the Yield Factor)]
       for the period December 29, 1998 through December 26, 1999
       was equal to.....                                    $   143,825,160.35


C.    Information Regarding Performance of the American Express Master Trust
            Receivable Pool (Percentage Basis)

1.    The aggregate amount of Charge Volume and Fees
       for the period December 29, 1998 through
       December 26, 1999.....                               $55,837,099,127.66

2.    Computed yield as a percentage of Charge Volume
       and Fees [Yield Collections for the period
       December 29, 1998 through December 26, 1999 divided by the
       aggregate amount of Charge Volume and Fees for the
       period December 29, 1998 through December 26, 1999.....         2.9640%


                                    - 2 -

<PAGE>


                          Servicer's Certificate
           American Express Travel Related Services Company, Inc.
      Relating to the Period December 29, 1998 through December 26, 1999

3.    Gross Losses as a percentage of Charge Volume
       and Fees [Gross Losses, divided by the
       aggregate amount of Charge Volume and Fees for the
       period December 29, 1998 through December 26, 1999.....         0.3704%

4.     Recovery rate [Recoveries, divided by the
       aggregate amount of Charge Volume and Fees for the
       period December 29, 1998 through December 26, 1999.....         0.1048%

5.    Net Losses as a percentage of Charge Volume
       and Fees [Net Losses, divided by the
       aggregate amount of Charge Volume and Fees for the
       period December 29, 1998 through December 26, 1999.....         0.2655%

6.    Computed Net Yield as a percentage of Charge Volume
       and Fees [Yield Collections less net Net Losses,
       divided by the aggregate amount of Charge Volume and
       Fees for the period December 29, 1998 through
       December 26, 1999.....                                          2.6984%

7.    Mean monthly Payment rate
       [Average of the Average Monthly Payment Rates
       reported for the Due Periods in 1999].....                     81.5660%

8.    Mean Receivable turnover rate [Average of
       the Receivable Turnover Rates reported for the Due
       Periods in 1999].....                                           9.3399%








     IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this
28th day of February, 2000.




                                             American Express
                                             Travel Related Services
                                             Company, Inc.
                                             Servicer,


                                             By: /s/ Lawrence Fazzari
                                                ------------------------------
                                                Name:    Lawrence Fazzari
                                                Title:   Vice President
                                                         Business Results


                                  - 3 -

<PAGE>


            ------------------------------------------------------
            American Express Travel Related Services Company, Inc.
                American Express Master Trust, Series 1992-2
            ------------------------------------------------------

         Schedule - to Year End Servicer's Certificate with respect
                     to the Series 1992-2 Certificates


A.     Information Regarding American Express Master Trust aggregated for the
        period December 29, 1998 through December 26, 1999 allocated to Series
        1992-2.

1.     Yield Collections allocated to Series 1992-2.....     $   76,708,810.93

2.     Principal Collections allocated to
        Series 1992-2 during the Revolving Period,
        treated as Excess principal Collections.....         $2,480,251,553.39

3.     The Investor Default Amount allocated to
        Series 1992-2.....                                   $    6,485,763.11

4.     Total amount of Interest distributed to holders
        of Series 1992-2                                     $   17,489,418.00

5.     Total amount of Principal distributed to
        holders of Series 1992-2                             $  529,100,529.00







     IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this
28th day of February, 2000.





                                      American Express
                                      Travel Related Services Company, Inc.
                                      Servicer,


                                      by: /s/ Lawrence Fazzari
                                         -----------------------------------
                                         Name:  Lawrence Fazzari
                                         Title: Vice President
                                                Business Results







<PAGE>

            ------------------------------------------------------
            American Express Travel Related Services Company, Inc.
                American Express Master Trust, Series 1993-1
            ------------------------------------------------------

         Schedule - to Year End Servicer's Certificate with respect
                     to the Series 1993-1 Certificates


A.     Information Regarding American Express Master Trust aggregated for the
        period December 29, 1998 through December 26, 1999 allocated to Series
        1993-1.

1.     Yield Collections allocated to Series 1993-1.....     $  183,295,016.09

2.     Principal Collections allocated to
        Series 1993-1 during the Revolving Period,
        treated as Excess principal Collections.....         $5,926,538,853.46

3.     The Investor Default Amount allocated to
        Series 1993-1.....                                   $   15,875,209.31

4.     Total amount of Interest distributed to holders
        of Series 1993-1                                     $   34,170,634.92

5.     Total amount of Principal distributed to
        holders of Series 1993-1                             $            0.00







     IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this
28th day of February, 2000.





                                      American Express
                                      Travel Related Services Company, Inc.
                                      Servicer,


                                      by: /s/ Lawrence Fazzari
                                         ----------------------------------
                                         Name:  Lawrence Fazzari
                                         Title: Vice President
                                                Business Results





<PAGE>

            ------------------------------------------------------
            American Express Travel Related Services Company, Inc.
                American Express Master Trust, Series 1994-2
            ------------------------------------------------------

         Schedule - to Year End Servicer's Certificate with respect
                     to the Series 1994-2 Certificates


A.     Information Regarding American Express Master Trust aggregated for the
        period December 29, 1998 through December 26, 1999 allocated to Series
        1994-2.

1.     Yield Collections allocated to Series 1994-2.....     $   91,647,507.90

2.     Principal Collections allocated to
        Series 1994-2 during the Revolving Period,
        treated as Excess principal Collections.....         $2,963,269,422.06

3.     The Investor Default Amount allocated to
        Series 1994-2.....                                   $    7,937,604.64

4.     Total amount of Interest distributed to holders
        of Series 1994-2                                     $   24,153,174.60

5.     Total amount of Principal distributed to
        holders of Series 1994-2                             $            0.00







     IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this
28th day of February, 2000.





                                      American Express
                                      Travel Related Services Company, Inc.
                                      Servicer,


                                      by: /s/ Lawrence Fazzari
                                         -----------------------------------
                                         Name:  Lawrence Fazzari
                                         Title: Vice President
                                                Business Results







<PAGE>


            ------------------------------------------------------
            American Express Travel Related Services Company, Inc.
                American Express Master Trust, Series 1994-3
            ------------------------------------------------------

         Schedule - to Year End Servicer's Certificate with respect
                     to the Series 1994-3 Certificates


A.     Information Regarding American Express Master Trust aggregated for the
        period December 29, 1998 through December 26, 1999 allocated to Series
        1994-3.

1.     Yield Collections allocated to Series 1994-3.....     $   91,647,507.90

2.     Principal Collections allocated to
        Series 1994-3 during the Revolving Period,
        treated as Excess principal Collections.....         $2,963,269,422.06

3.     The Investor Default Amount allocated to
        Series 1994-3.....                                   $    7,937,604.64

4.     Total amount of Interest distributed to holders
        of Series 1994-3                                     $   24,938,095.20

5.     Total amount of Principal distributed to
        holders of Series 1994-3                             $            0.00







     IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this
28th day of February, 2000.




                                      American Express
                                      Travel Related Services Company, Inc.
                                      Servicer,


                                      by: /s/ Lawrence Fazzari
                                         -----------------------------------
                                         Name:  Lawrence Fazzari
                                         Title: Vice President
                                                Business Results








<PAGE>


            ------------------------------------------------------
            American Express Travel Related Services Company, Inc.
                American Express Master Trust, Series 1996-1
            ------------------------------------------------------

         Schedule - to Year End Servicer's Certificate with respect
                     to the Series 1996-1 Certificates


A.     Information Regarding American Express Master Trust aggregated for the
        period December 29, 1998 through December 26, 1999 allocated to Series
        1996-1.

1.     Yield Collections allocated to Series 1996-1.....     $  296,492,073.27

2.     Principal Collections allocated to
        Series 1996-1 during the Revolving Period,
        treated as Excess principal Collections.....         $9,586,577,035.84

3.     The Investor Default Amount allocated to
        Series 1996-1.....                                   $   25,679,223.71

4.     Total amount of Interest distributed to holders
        of Series 1996-1                                     $   58,040,991.28

5.     Total amount of Principal distributed to
        holders of Series 1996-1                             $            0.00







     IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this
28th day of February, 2000.





                                      American Express
                                      Travel Related Services Company, Inc.
                                      Servicer,


                                      by: /s/ Lawrence Fazzari
                                         -----------------------------------
                                         Name:  Lawrence Fazzari
                                         Title: Vice President
                                                Business Results






<PAGE>

            ------------------------------------------------------
            American Express Travel Related Services Company, Inc.
                American Express Master Trust, Series 1996-2
            ------------------------------------------------------

         Schedule - to Year End Servicer's Certificate with respect
                     to the Series 1996-2 Certificates


A.     Information Regarding American Express Master Trust aggregated for the
        period December 29, 1998 through December 26, 1999 allocated to Series
        1996-2.

1.     Yield Collections allocated to Series 1996-2.....     $   93,629,075.68

2.     Principal Collections allocated to
        Series 1996-2 during the Revolving Period,
        treated as Excess principal Collections.....         $3,027,340,113.63

3.     The Investor Default Amount allocated to
        Series 1996-2.....                                   $    8,109,228.53

4.     Total amount of Interest distributed to holders
        of Series 1996-2                                     $   18,188,085.45

5.     Total amount of Principal distributed to
        holders of Series 1996-2                             $            0.00







     IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this
28th day of February, 2000.





                                      American Express
                                      Travel Related Services Company, Inc.
                                      Servicer,


                                      by: /s/ Lawrence Fazzari
                                         -----------------------------------
                                         Name:  Lawrence Fazzari
                                         Title: Vice President
                                                Business Results







<PAGE>


            ------------------------------------------------------
            American Express Travel Related Services Company, Inc.
                American Express Master Trust, Series 1998-1
            ------------------------------------------------------

         Schedule - to Year End Servicer's Certificate with respect
                     to the Series 1998-1 Certificates


A.     Information Regarding American Express Master Trust aggregated for the
        period December 29, 1998 through December 26, 1999 allocated to Series
        1998-1.

1.     Yield Collections allocated to Series 1998-1.....     $  305,491,693.67

2.     Principal Collections allocated to
        Series 1998-1 during the Revolving Period,
        treated as Excess principal Collections.....         $9,877,564,761.99

3.     The Investor Default Amount allocated to
        Series 1998-1.....                                   $   26,458,682.20

4.     Total amount of Interest distributed to holders
        of Series 1998-1                                     $   62,521,164.00

5.     Total amount of Principal distributed to
        holders of Series 1998-1                             $            0.00







     IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this
28th day of February, 2000.





                                      American Express
                                      Travel Related Services Company, Inc.
                                      Servicer,


                                      by: /s/ Lawrence Fazzari
                                         -----------------------------------
                                         Name:  Lawrence Fazzari
                                         Title: Vice President
                                                Business Results