---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-26-000383"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2026-10-15T16:00:20+00:00"
generated_at: "2026-10-15T16:01:02.573052+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Amex Sept US Consumer net write-off rate falls to 1.5%; 30+ day delinquency ticks up to 1.2%

## Summary
- U.S. Consumer Card net write-off rate (principal only) was 1.5% in September vs 1.7% in August and July; 1.6% for the three months ended Sept 30, 2026.
- U.S. Consumer Card 30+ days past due rose to 1.2% of total from 1.1% in each of the prior two months; total balances $114.3B.
- U.S. Small Business Card net write-off rate improved to 2.1% in September from 2.2% in August and 2.6% in July; 30+ delinquency 1.4% vs 1.3%.
- Combined U.S. Consumer and Small Business Card balances held for investment totaled $160.9B at Sept 30, 2026, up from $159.2B at July 31.
- American Express Credit Account Master Trust ending principal balance $24.7B in September; annualized default rate net of recoveries 1.0%, down from 1.1% in July.

## SEC filing metadata
- accession: 0000004962-26-000383
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2026-10-15T16:00:20+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496226000383/0000004962-26-000383-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496226000383/axp-20261015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-26-000383
- JSON: https://secwatch.observer/filing/0000004962-26-000383.json
- Plain text: https://secwatch.observer/filing/0000004962-26-000383.txt

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