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AMERICAN EXPRESS® CELEBRATES HISPANIC CULTURE WITH THE ˇFELICIDADES! HOLIDAY GIFT CARD

Card Design Guided By American Express Hispanic Employee Network

NEW YORK, November 02, 2009 -- Today American Express launched ˇFelicidades!(1), a new holiday gift card that will be available for customers to purchase online, starting November 2, 2009 through January 15, 2010 at americanexpress.com/felicidades. The new gift card's unique name and design celebrates Hispanic culture and provides unique gift options for Christmas Eve, Christmas Day, New Year's and Three King's Day.

The ˇFelicidades! gift card was developed in collaboration with American Express' global diversity team and AHORA, the company's Hispanic employee network. Members of AHORA were instrumental in guiding the physical design of the card and in making sure that the product speaks to unique aspects of Hispanic traditions, such as extending the gift giving to include important holidays in the culture like Three King's Day in January.

Unlike other gift cards, American Express Gift Cards have no fees after purchase -- no fees for activation, no fees for checking a balance, no fees for monthly servicing, no fees for card replacement, and the funds on the cards never expire. The card comes in denominations of $25, $50, $100, and $200 and has a one-time purchase fee of $3.95.

"American Express has always sought to create products that appeal to our diverse customer segments and we looked no further than our own Hispanic employee population to serve as the creative force behind this exciting new product," said Alpesh Chokshi, president, Global Prepaid, American Express. "With the ˇFelicidades! Gift Card, we offer a uniquely designed holiday gift card that celebrates Hispanic culture," he added.

The ˇFelicidades! Gift Card is only one way American Express is showing support for the Hispanic culture and traditions during the coming holiday season. "As a global company with a diverse talent and customer base, we continue to seek innovative ways to demonstrate the value we place on promoting a culture of inclusiveness and diversity as well as meeting the needs of our customers," said Kerrie Peraino, chief diversity officer, American Express.

About American Express Gift Cards
With sales in excess of $1 billion, the American Express Gift Card business is robust and growing. The American Express Gift Card can be redeemed at U.S. retailers and restaurants that accept American Express Cards. Unlike store gift cards, it lets the recipient choose from millions of products and experiences, making it the ideal solution for the coming holiday season. The American Express Gift Card is available in denominations ranging from $25 to $500, with an upfront purchase charge ranging from $2.95 to $6.95, and is replaceable for free if lost or stolen. Terms and conditions apply to gift cards. They are not for use on car rentals, aboard cruise lines, at casinos or at ATMs. American Express Company (www.americanexpress.com) is a leading global payments, network and travel company founded in 1850.


(1) Terms, conditions, and restrictions apply. See www.americanexpress.com/felicidades for details.



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