---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-24-000072"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-30T00:00:28.740655+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Amex Oct consumer loan net write-off rate rises to 2.4% from 1.9% in Sep

## Summary
- Total US Consumer card loans $88.0B at Oct 31, up from $86.8B at Sep 30.
- US Consumer net write-off rate (principal only) 2.4% in Oct vs 1.9% in Sep and 2.2% in Aug.
- US Small Business net write-off rate 2.2% in Oct, vs 2.1% in Sep and 2.3% in Aug.
- 30+ days past due for US Consumer stable at 1.4% in Oct and Sep, up from 1.3% in Aug.
- Lending Trust annualized default rate 1.5% in Oct, vs 1.3% in Sep and 1.4% in Aug.

## SEC filing metadata
- accession: 0000004962-24-000072
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496224000072/0000004962-24-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496224000072/axp-20241115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-24-000072
- JSON: https://secwatch.observer/filing/0000004962-24-000072.json
- Plain text: https://secwatch.observer/filing/0000004962-24-000072.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.