EX-4.8



 Exhibit 4.8 

Execution Copy 
 AMERICAN
EXPRESS ISSUANCE TRUST II 
 OMNIBUS AMENDMENT TO 

INDENTURE SUPPLEMENTS 

This OMNIBUS AMENDMENT TO INDENTURE SUPPLEMENTS, dated as of July 29, 2016 (this “Amendment”), to the Indenture Supplements
(as hereinafter described) to the Second Amended and Restated Indenture, dated as of July 29, 2016 (as amended and restated and as otherwise modified from time to time, the “Indenture”), between American Express Issuance Trust II, a
statutory trust organized under the laws of the State of Delaware, as Issuer (the “Issuer”), and The Bank of New York Mellon, a New York banking corporation, as Indenture Trustee (in such capacity, the “Indenture
Trustee”) and as Securities Intermediary, is made and entered into as of July 29, 2016. 
 RECITALS 

WHEREAS, the Issuer and the Indenture Trustee have previously entered into (i) the Series 2013-1 Indenture Supplement, dated as of March 21,
2013 (the “Series 2013-1 Indenture Supplement”), to the Indenture, and (ii) the Series 2013-2 Indenture Supplement, dated as of September 24, 2013 (the “Series 2013-2 Indenture Supplement” and, together with the
Series 2013-1 Indenture Supplement, the “Indenture Supplements”); and 
 WHEREAS, pursuant to Section 10.01 of the
Indenture, the parties hereto desire to amend each Indenture Supplement as provided herein. 
 NOW, THEREFORE, in consideration of the
mutual agreements herein contained, and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, each party hereto agrees as follows: 

ARTICLE I 
 DEFINITIONS 

SECTION 1.01. Defined Terms Not Defined Herein. All capitalized terms used herein that are not defined herein shall have the
meanings ascribed to them in the respective Indenture Supplements or the Indenture, as the case may be. 
 ARTICLE II 

AMENDMENTS TO INDENTURE SUPPLEMENTS 

SECTION 2.01. Amendments to Section 1.01. The following subsection (f) is hereby inserted in Section 1.01 of each Indenture
Supplement, it being understood that any reference to “Series 20[    ]-[    ]” shall be read to be a reference to the applicable series designation: 

(f) Series 201[    ]-[    ] shall be an Investor Communication Reporting Series. 







 SECTION 2.02. Amendment to Section 4.14. Sections 4.14(a) and 4.14(b) of each Indenture
Supplement are hereby deleted and replaced with the following: 
 (a) Any investment instructions required to be given to the
Indenture Trustee pursuant to the terms hereof must be given to the Indenture Trustee no later than 10:30 a.m. (New York City time) on the date such investment is to be made. In the event the Indenture Trustee receives such investment
instruction later than such time, the Indenture Trustee may, but shall have no obligation to, make such investment on the date specified in such investment instruction. In the event the Indenture Trustee receives an investment instruction later
than the time required by the first sentence of this paragraph (a), and the Indenture Trustee is unable to make the applicable investment on the date specified in such investment instruction, such investment shall be made by the Indenture Trustee on
the next succeeding Business Day. In no event shall the Indenture Trustee be liable for any investment not made pursuant to investment instructions received after 10:30 a.m. (New York City time) on the date such investment is to be made. 

(b) With respect to investments made by the Indenture Trustee pursuant to the terms hereof, the Servicer may appoint as its
agent under a separate agreement a registered investment advisor and authorize such agent to give instructions, which may be provided to the Indenture Trustee through S.W.I.F.T., on behalf of the Servicer to the Indenture Trustee for funds to be
invested and reinvested in one or more Eligible Investments. The Servicer shall provide the Indenture Trustee with a written direction certifying any such appointment. The Indenture Trustee shall be entitled to conclusively rely on, and
shall be protected in acting upon, instructions, which may be provided to the Indenture Trustee through S.W.I.F.T. received from such agent on behalf of the Servicer. 

SECTION 2.03. Amendment to Exhibits. Form of Monthly Servicer Statement under Exhibit B-1 to each Indenture Supplement is
hereby deleted and replaced with the form attached as Exhibit A to this Amendment. 
 ARTICLE III 

MISCELLANEOUS 
 SECTION 3.01.
Ratification of Indenture Supplements. As amended by this Amendment, the Indenture Supplements are in all respects ratified and confirmed and each Indenture Supplement, as amended by this Amendment, shall be read, taken and construed as
one and the same instrument. 
 SECTION 3.02. Counterparts. This Amendment may be executed in two or more counterparts, and by
different parties on separate counterparts (including by way of facsimile or electronic transmission), each of which shall be deemed to be an original, but all of which shall constitute one and the same instrument. 

SECTION 3.03. GOVERNING LAW. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW
YORK, INCLUDING SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW, BUT WITHOUT REFERENCE TO ITS OTHER CONFLICTS OF 

  
 2 








 
LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

SECTION 3.04. Effectiveness. The amendments provided for by this Amendment shall become effective as of July 29, 2016 upon: 

(a) receipt by the Indenture Trustee and the Owner Trustee of an Officer’s Certificate of the Issuer to the effect that the Issuer
reasonably believes that this Amendment will not have an Adverse Effect and is not reasonably expected to have an Adverse Effect at any time in the future; 

(b) receipt by the Indenture Trustee and the Owner Trustee of an Issuer Tax Opinion delivered in connection with this Amendment pursuant to
Section 10.01 of the Indenture; 
 (c) receipt by the Indenture Trustee of an Opinion of Counsel delivered in connection with this Amendment
pursuant to Section 10.03 of the Indenture; 
 (d) receipt by the Issuer, the Transferor or the Servicer of written notice from each Note
Rating Agency that the amendments provided for by this Amendment will not result in a reduction or withdrawal of its ratings on any outstanding Notes of any Series, Class or Tranche; and 

(e) delivery of counterparts of this Amendment, duly executed by the parties hereto. 

[Signature page follows.] 

  
 3 








 IN WITNESS WHEREOF, the Issuer and the Indenture Trustee have caused this Amendment to be duly
executed by their respective officers as of the day and year first above written. 
  

			
	AMERICAN EXPRESS ISSUANCE TRUST II,
	as Issuer
		
	By:	 	WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Owner Trustee on behalf of the Trust
		
	By:	 	 /s/ Erwin M. Soriano

		 	Name: Erwin M. Soriano
		 	Title: Vice President
	
	THE BANK OF NEW YORK MELLON,
	as Indenture Trustee and Securities Intermediary
		
	By:	 	 /s/ Esther Antoine

		 	Name: Esther Antoine
		 	Title: Vice President


 [Omnibus Amendment to Indenture Supplements] 







 Acknowledged and Accepted: 
  

			
	 AMERICAN EXPRESS RECEIVABLES FINANCING CORPORATION VIII LLC,

as Transferor 

		
	By:	 	 /s/ Kerri S. Bernstein

		 	 Name: Kerri S. Bernstein

Title: President

	
	 AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.,

as Servicer and Administrator

		
	By:	 	 /s/ David L. Yowan

		 	Name: David L. Yowan
		 	Title: Treasurer

 [Omnibus Amendment to Indenture Supplements] 







 EXHIBIT A 

FORM OF MONTHLY SERVICER STATEMENT 

AMERICAN EXPRESS ISSUANCE TRUST II 
  

			
	 Monthly Period:
	  	[Date] to [Date]
	 Record Date:
	  	[Date]
	 Payment Date:
	  	[Date]

  

					
	 TRUST ACTIVITY
	  	TRUST
TOTALS	 
	 1. Number of days in Monthly Period
	  	 	[_	] 
	 2. Beginning of Monthly Period Number of Accounts
	  	 	[_	] 
	 3. Beginning Principal Receivables, including any additions or removals during the Monthly
Period
	  	$	[_	] 
	 3a. Addition of Principal Receivables
	  	$	[_	] 
	 3b. Removal of Principal Receivables
	  	$	[_	] 
	 4. Beginning Invested Amount of Collateral Certificates
	  	$	[_	] 
	 5. Beginning Excess Funding Account Amount
	  	$	[_	] 
	 6a. Beginning Required Pool Balance
	  	$	[_	] 
	 6b. Beginning Pool Balance
	  	$	[_	] 
	 7. New Principal Receivables
	  	$	[_	] 
	 8. Principal Collections
	  	$	[_	] 
	 9. Gross Default Amount
	  	$	[_	] 
	 10. Ending Principal Receivables
	  	$	[_	] 
	 11. Ending Total Receivables
	  	$	[_	] 
	 12. Ending Invested Amount of Collateral Certificates
	  	$	[_	] 
	 13. Ending Excess Funding Account Amount
	  	$	[_	] 
	 14. Ending Pool Balance
	  	$	[_	] 
	 15. Ending Required Pool Balance
	  	$	[_	] 
	 16. End of Monthly Period Number of Accounts
	  	 	[_	] 


  
 B-1-1 









					
	 TRUST PERFORMANCE
	  	 	 
	 1. Principal Collections
	  	$	        [_	] 
	 2. Principal Payment Rate
	  	 	[_	]% 
	 3. Net Default Amount
	  	$	[_	] 
	 4. Annualized Net Default Rate
	  	 	[_	]% 
	 5. Gross Default Amount
	  	$	[_	] 
	 6. Annualized Gross Default Rate
	  	 	[_	]% 
	 7. Finance Charge Collections
	  	$	[_	] 
	 8. Trust Portfolio Yield (Net of Defaults)
	  	 	[_	]% 

  

																	
	 9. Delinquencies
	  	Dollar Amount	 	 	Percentage of
Ending
Total Receivables	 	 	Number of
Accounts	 	 	Percentage of
Total
Number of
Accounts	 
	 31-60 Days Delinquent
	  	$	[_	] 	 	 	[_	]% 	 	 	[_	] 	 	 	[_	]% 
	 61-90 Days Delinquent
	  	$	[_	] 	 	 	[_	]% 	 	 	[_	] 	 	 	[_	]% 
	 91-120 Days Delinquent
	  	$	[_	] 	 	 	[_	]% 	 	 	[_	] 	 	 	[_	]% 
	 120+ Days Delinquent
	  	$	[_	] 	 	 	[_	]% 	 	 	[_	] 	 	 	[_	]% 
	 Total 30+ Days Delinquent
	  	$	[_	] 	 	 	[_	]% 	 	 	[_	] 	 	 	[_	]% 
	
	 10. Loss Experience
	   

	 Ending Principal Receivables
	  				 				 				 	$	[_	] 
	 Gross Default Amount
	  				 				 				 	$	[_	] 
	 Recoveries
	  				 				 				 	$	[_	] 
	 Net Default Amount
	  				 				 				 	$	[_	] 
	 Annualized Gross Default Rate
	  				 				 				 	 	[_	]% 
	 Annualized Recovery Rate
	  				 				 				 	 	[_	]% 
	 Annualized Net Default Rate
	  				 				 				 	 	[_	]% 
	 Number of Accounts Experiencing a Loss
	  				 				 				 	 	[_	] 
	 Number of Accounts Experiencing a Recovery
	  				 				 				 	 	[_	] 
	 Average Net Default Amount per Account Experiencing a Loss
	  				 				 				 	 	[_	] 


  
 B-1-2 








 ASSET REVIEW 

Information required by Item 1121(d)(1) of Regulation AB concerning the Trust: 

[No activity to report for reporting period.] 
 Information
required by Item 1121(d)(2) of Regulation AB concerning the Trust: 
 [There has been no change to the Asset Representation Reviewer during the reporting
period.] 
 INVESTOR COMMUNICATION 
 Information
required by Item 1121(e) of Regulation AB concerning the Trust: 
 [No activity to report for reporting period.] 

[On [                    ], 20[    ],
[                ] received a request from [            ] expressing an interest in communicating with other
investors with regard to the possible exercise of rights under [TRANSACTION AGREEMENT]. The requesting investor may be contacted at: 
 [ADDRESS] 

[PHONE NUMBER] 
 [EMAIL]] 

REPURCHASES AND REPLACEMENTS 
 1. Information
required by Rule 15Ga-1(a) concerning the Trust: 
 [No activity to report for reporting period.] 

2. Most recent Form ABS-15G: 
 Form ABS-15G
filed on [        ] under CIK number [        ] 
  

					
	 CREDIT RISK
RETENTION1
	   

	 Required Seller’s Interest Amount
	  	$	        [_	] 
	 Seller’s Interest Amount
	  	$	[_	] 
	 Seller’s Interest Percentage
	  	 	[_	]% 
	
	 TRANSFEROR AMOUNT
	   

	 1. Applicable Required Transferor Amount Percentage
	  	 	[_	]% 
	 2. Beginning Pool Balance
	  	$	[_	] 
	 3. Beginning Nominal Liquidation Amount
	  	$	[_	] 

  

	1 	Only applies on or after the date compliance with respect to Regulation RR is required. 


  
 B-1-3 









					
	 4. Beginning Transferor Amount
	  	$	        [_	] 
	 5. Ending Pool Balance
	  	$	[_	] 
	 6. Ending Nominal Liquidation Amount (after giving effect to any principal payments on the
related Payment Date)
	  	$	[_	] 
	 7. Ending Transferor Amount (after giving effect to any principal payments on the related
Payment Date)
	  	$	[_	] 
	 8. Ending Required Transferor Amount
	  	$	[_	] 


  
 B-1-4 








 AMERICAN EXPRESS ISSUANCE TRUST II 

SERIES 20[    ]-[    ] 

 

					
	 SERIES 20[__]-[_] NOMINAL LIQUIDATION AMOUNT AS OF THE RELATED PAYMENT
DATE
	   

	 1. Beginning Series 20[__]-[_] Nominal Liquidation Amount
	  	$	        [_	] 
	 2. Reimbursement of previous reductions in the Series 20[__]-[_] Nominal Liquidation
Amount
	  	$	[_	] 
	 3. Investor Charge-Offs
	  	$	[_	] 
	 4. Reallocated Principal Collections
	  	$	[_	] 
	 5. Principal Funding Account Deposit/(Withdrawal)
	  	$	[_	] 
	 6. Payments of principal of the Series 20[__]-[_] Notes
	  	$	[_	] 
	 7. Ending Series 20[__]-[_] Nominal Liquidation Amount
	  	$	[_	] 

  

									
	 REALLOCATION GROUP A ALLOCATIONS
	  	Trust Totals	 	 	Group Totals	 
	 1. Nominal Liquidation Amount
	  				 	$	[_	] 
	 2. Finance Charge Collections
	  	$	[_	] 	 	$	[_	] 
	 3. Interest
	  				 	$	[_	] 
	 4. Net Default Amount
	  				 	$	[_	] 
	 5. Servicing Fee paid to the servicer
	  				 	$	[_	] 
	 6. Additional Amounts
	  				 	$	[_	] 

  

					
	 SERIES 20[__]-[_] ALLOCATIONS
	   

	 1. Reallocation Group
	  	 	[A	] 
	 2. Shared Excess Available Finance Charge Collections Group
	  	 	[A	] 
	 3. Shared Excess Available Principal Collections Group
	  	 	[A	] 
	 4. Opening Principal Funding Account Balance
	  	$	        [_	] 
	 5. Series 20[__]-[_] Floating Allocation Percentage
	  	 	[_	]% 
	 6. Series 20[__]-[_] Finance Charge Collections
	  	$	[_	] 
	 7. Series 20[__]-[_] Reallocation Group A Finance Charge Collections
	  	$	[_	] 
	 8. Net Investment Proceeds from Principal Funding Account
	  	$	[_	] 


  
 B-1-5 









					
	 9. Amounts withdrawn from the Accumulation Reserve Account
	  	$	[_	] 
	 10. Series 20[__]-[_] Available Excess Recoveries
	  	$	[_	] 
	 11. Series 20[__]-[_] Available Finance Charge Collections
	  	$	[_	] 
	 12. Series 20[__]-[_] Allocation of Shared Excess Available Finance Charge Collections
	  	$	[_	] 
	 13. Series 20[__]-[_] LIBOR Determination Date
	  	 	[_	] 
	 14. Series 20[__]-[_] Monthly Interest ([Date] to [Date])
	  	$	[_	] 
	 15. Series 20[__]-[_] Servicing Fee paid to the servicer
	  	$	[_	] 
	 16. Series 20[__]-[_] Default Amount
	  	$	[_	] 
	 17. Series 20[__]-[_] Principal Allocation Percentage
	  	 	[_	]% 
	 18. Series 20[__]-[_] Allocation of Principal Collections
	  	$	[_	] 
	 19. Series 20[__]-[_] Allocation of Shared Excess Available Principal Charge
Collections
	  	$	[_	] 
	
	 APPLICATION OF SERIES 20[__]-[_] AVAILABLE FINANCE CHARGE COLLECTIONS
	   

	 1. Series 20[__]-[_] Available Finance Charge Collections
	  	$	        [_	] 
	 2. Class A Notes ($[_])
	  			
	 a. Class A Monthly Interest (Note Interest Rate: [_]%)
	  	$	[_	] 
	 b. Class A Outstanding Monthly Interest
	  	$	[_	] 
	 c. Class A Additional Interest
	  	$	[_	] 
	 d. Class A Outstanding Additional Interest
	  	$	[_	] 
	 3. Class B Notes ($[_])
	  			
	 a. Class B Monthly Interest (Note Interest Rate: [_]%)
	  	$	[_	] 
	 b. Class B Outstanding Monthly Interest
	  	$	[_	] 
	 c. Class B Additional Interest
	  	$	[_	] 
	 d. Class B Outstanding Additional Interest
	  	$	[_	] 
	 4. Class C Notes ($[_])
	  			
	 a. Class C Monthly Interest (Note Interest Rate: [_]%)
	  	$	[_	] 
	 b. Class C Outstanding Monthly Interest
	  	$	[_	] 
	 c. Class C Additional Interest
	  	$	[_	] 
	 d. Class C Outstanding Additional Interest
	  	$	[_	] 


  
 B-1-6 









					
	 5. Series 20[__]-[_] Servicing Fee paid to servicer
	  	$	        [_	] 
	 6. Amount equal to Series 20[__]-[_] Default Amount treated as Series 20[__]-[_] Available
Principal Collections
	  	$	[_	] 
	 7. Amount equal to unreimbursed reductions in the Series 20[__]-[_] Nominal Liquidation
Amount treated as Series 20[__]-[_] Available Principal Collections
	  	$	[_	] 
	 8. Deposited to the Accumulation Reserve Account
	  	$	[_	] 
	 9. Deposited to the Class C Reserve Account
	  	$	[_	] 
	 10. In the event of default and acceleration, amount up to the outstanding dollar principal amount
of the Series 20[__]-[_] notes treated as Series 20[__]-[_] Available Principal Collections
	  	$	[_	] 
	 11. Remaining amount treated as Shared Excess Available Finance Charge Collections available for
allocation to other series in Shared Excess Available Finance Charge Collections Group A
	  	$	[_	] 
	 12. Remaining amount paid to the holder of the Transferor Interest
	  	$	[_	] 
	
	 APPLICATION OF SHARED EXCESS AVAILABLE FINANCE CHARGE COLLECTIONS ALLOCATED
TO
SERIES 20[__]-[_]
	    

	 1. Shared Excess Available Finance Charge Collections
	  	$	[_	] 
	 2. Applied to fund Class A Monthly Interest and Class A Additional Interest and any past due
Class A Monthly Interest and Class A Additional Interest
	  	$	[_	] 
	 3. Applied to fund Class B Monthly Interest and Class B Additional Interest and any past due
Class B Monthly Interest and Class B Additional Interest
	  	$	[_	] 
	 4. Applied to fund Class C Monthly Interest and Class C Additional Interest and any past due
Class C Monthly Interest and Class C Additional Interest
	  	$	[_	] 
	 5. Applied to unpaid Series 20[__]-[_] Servicing Fee
	  	$	[_	] 
	 6. Amount equal to Series 20[__]-[_] Default Amount treated as Series 20[__]-[_] Available
Principal Collections
	  	$	[_	] 
	 7. Amount equal to unreimbursed reductions in the Series 20[__]-[_] Nominal Liquidation
Amount treated as Series 20[__]-[_] Available Principal Collections
	  	$	[_	] 
	 8. Deposited to the Accumulation Reserve Account
	  	$	[_	] 
	 9. Deposited to the Class C Reserve Account
	  	$	[_	] 
	 10. In the event of default and acceleration, amount up to the outstanding dollar principal amount
of the Series 20[__]-[_] Notes treated as Series 20[__]-[_] Available Principal Collections
	  	$	[_	] 


  
 B-1-7 









					
	 11. Remaining amount treated as Shared Excess Available Finance Charge Collections available to
cover Series Available Finance Charge Collections Shortfalls
	  	$	        [_	] 
	 12. Remaining amount paid to the holder of the Transferor Interest
	  	$	[_	] 
	
	 PRINCIPAL COLLECTIONS
	   

	 1. Series 20[__]-[_] Principal Allocation Percentage
	  	 	[_	]% 
	 2. Series 20[__]-[_] Principal Collections
	  	$	[_	] 
	 3. Reallocated Principal Collections required to pay shortfalls in interest on the Class A
Notes or the Class B Notes or shortfalls in the Series 20[__]-[_] Servicing Fee and past due amounts thereon or uncovered Series 20[__]-[_] Default Amount
	  	$	[_	] 
	 4. Item 2 minus Item 3
	  	$	[_	] 
	 5. Other amounts treated as Series 20[__]-[_] Available Principal Collections
	  	$	[_	] 
	 6. Series 20[__]-[_] Available Principal Collections (total of items 4 and 5)
	  	$	[_	] 
	
	 APPLICATION OF AVAILABLE PRINCIPAL COLLECTIONS DURING REVOLVING PERIOD
	   

	 1. Treated as Shared Excess Available Principal Collections
	  	$	[_	] 
	
	 APPLICATION OF PRINCIPAL COLLECTIONS DURING CONTROLLED ACCUMULATION
PERIOD
	   

	 1. Principal Funding Account
	  	 	[NA	] 
	 2. Treated as Shared Excess Available Principal Collections
	  	 	[NA	] 
	
	 APPLICATION OF PRINCIPAL COLLECTIONS DURING EARLY AMORTIZATION PERIOD
	   

	 1. Class A Noteholders
	  	 	[NA	] 
	 2. Class B Noteholders
	  	 	[NA	] 
	 3. Class C Noteholders
	  	 	[NA	] 
	 4. Treated as Shared Excess Available Principal Collections
	  	 	[NA	] 


  
 B-1-8 









					
	 APPLICATION OF SHARED EXCESS AVAILABLE PRINCIPAL COLLECTIONS ALLOCATED TO
SERIES
20[__]-[_]
	    

	 1. Series 20[__]-[_] Available Principal Collections Shortfall
	  	$	        [_	] 
	 2. Shared Excess Available Principal Collections
	  	$	[_	] 
	 3. During the Controlled Accumulation Period:
	  			
	 3a. Amount deposited in the Principal Funding Account
	  	$	[_	] 
	 4. During the Early Amortization Period:
	  			
	 4a. Paid to the Class A Noteholders
	  	$	[_	] 
	 4b. Paid to the Class B Noteholders
	  	$	[_	] 
	 4c. Paid to the Class C Noteholders
	  	$	[_	] 
	
	 SERIES 20[__]-[_] PRINCIPAL FUNDING, ACCUMULATION, CLASS C RESERVE
ACCOUNT
	   

	 1. Principal Funding Account
	  			
	     Opening Balance
	  	$	[_	] 
	         Additions
	  	$	[_	] 
	         Withdrawals
	  	$	[_	] 
	     Ending Balance
	  	$	[_	] 
	 2. Investment Proceeds on Principal Funding Account
	  	$	[_	] 
	 3. Accumulation Reserve Account Amount
	  			
	     Opening Balance
	  	$	[_	] 
	         Additions
	  	$	[_	] 
	         Withdrawals
	  	$	[_	] 
	     Ending Balance
	  	$	[_	] 
	 4. Investment Proceeds on Accumulation Reserve Account
	  	$	[_	] 
	 5. Accumulation Reserve Account target amount
	  	$	[_	] 
	 6. Class C Reserve Account Amount
	  			
	     Opening Balance
	  	$	[_	] 
	         Additions
	  	$	[_	] 
	         Withdrawals
	  	$	[_	] 
	     Ending Balance
	  	$	[_	] 


  
 B-1-9 









					
	 7. Investment Proceeds on Class C Reserve Account
	  	$	        [_	] 
	 8. Required Class C Reserve Account amount
	  	$	        [_	] 
	 PORTFOLIO PERFORMANCE DATA
	   

	 1. Series 20[__]-[_] Portfolio Yield
	  			
	             Current Monthly
Period
	  	 	[_	]% 
	             Prior Monthly
Period
	  	 	[_	]% 
	             Second Prior Monthly
Period
	  	 	[_	]% 
	 2. Series 20[__]-[_] Quarterly Portfolio Yield
	  	 	[_	]% 
	 3. Series 20[__]-[_] Base Rate
	  			
	             Current Monthly
Period
	  	 	[_	]% 
	             Prior Monthly
Period
	  	 	[_	]% 
	             Second Prior Monthly
Period
	  	 	[_	]% 
	 4. Series 20[__]-[_] Quarterly Base Rate
	  	 	[_	]% 
	 5. Series 20[__]-[_] Excess Spread Percentage
	  			
	             Current Monthly
Period
	  	 	[_	]% 
	             Prior Monthly
Period
	  	 	[_	]% 
	             Second Prior Monthly
Period
	  	 	[_	]% 
	 6. Series 20[__]-[_] Quarterly Excess Spread Percentage
	  	 	[_	]% 
	 Is the Quarterly Excess Spread Percentage greater than the Required Excess Spread
Percentage?
	  	 	[YES	] 
	 7. Principal Payment Rate
	  			
	             Current Monthly
Period
	  	 	[_	]% 
	             Prior Monthly
Period
	  	 	[_	]% 
	             Second Prior Monthly
Period
	  	 	[_	]% 
	 8. Quarterly Principal Payment Rate
	  	 	[_	]% 
	 Is the Quarterly Principal Payment Rate greater than 60%?
	  	 	[YES	] 

  

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

		 	 Name:
 Title:




  
 B-1-10