Travelers will be able to use the Discount Card online for savings this summer at 7,000 hotels worldwide, including a best-rate guarantee at Hyatt, Sheraton and Holiday Inn; on a major airline, with no black-out dates for domestic travel; for Samsonite and American Tourister luggage; and at more than 60,000 casual dining and fast-food restaurants worldwide. Discounts can also be applied to movie tickets at Regal Cinemas, Loews Cineplex and AMC Theaters; more than 600 DVD titles; and more than 100 magazines. The Card is valid from June 1, 2006 until June 1, 2008, and discounts are applicable as partial payment online year-round.

"American Express Travelers Cheques is pleased to offer an array of useful discounts which can make summer travel even more rewarding," said Valerie Soranno Keating, president, American Express Travelers Cheques & Prepaid Services. "Now there are two reasons not to leave home without Travelers Cheques - travel money peace of mind and substantial vacation savings."

According to a recent poll of 279 American Express Travel agents, nine-in-ten agents are asked by customers for advice about travel money, travel payment options, and exchange rates. Thirty percent say their clients ask about how much cash they should carry while traveling. To keep money safe, agents advise travelers to use hotel safes (27%), avoid carrying everything in one place (21%), carry various forms of payment including those that are refundable during the vacation such as Travelers Cheques (18%), and hide your valuables in money belts and neck wallets (18%).

American Express Travelers Cheque Products offer unparalleled security and convenience around the world. Travelers Cheques are a replaceable, secure and convenient option for travelers. American Express offers 24-hour support for Travelers Cheque customers, and will refund lost or stolen Cheques.

They can be used like cash or exchanged for local currency at banks, foreign exchange houses and American Express Travel locations, and can be purchased in both U.S. Dollar amounts and selected foreign currency amounts for further convenience.

To take advantage of this special promotion, customers can purchase Travelers Cheque Products (US Travelers Cheques, Foreign Currency Travelers Cheques, Cheques for Two, or the Travelers Cheque Card) from a number of sources: on the American Express website, www.americanexpress.com/travelerscheque, and at any bank or American Express Travel Service Office location that sells Travelers Cheques. Information on locations selling Travelers Cheque Products is available at TCBonus.com. Discounts can be accessed by simply logging on to the Discount Card Website, www.TCDiscountcard.com, to activate the account and redeem discounts on a wide variety of travel and entertainment offers.

About American Express
American Express is a leader in prepaid consumer products. In addition to the 115-year old American Express Travelers Cheque -- the preeminent brand welcomed worldwide -- the company issues other prepaid products including the Travelers Cheque Card, Cheques for Two, Gift Cards, Gift Cheques, the Be My Guest dining card, and a range of corporate incentive prepaid products through American Express Incentive Services, a subsidiary of American Express Company.

American Express Company (www.americanexpress.com) is a leading global payments, network and travel company founded in 1850.

*Limit one free Travelers Cheque Discount Card per person with a minimum purchase of $500 in Travelers Cheque Products while supplies last. Additional terms and conditions apply. See www.TCDiscountcard.com for full terms and conditions.