Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported) August 1, 2005

                            AMERICAN EXPRESS COMPANY
             (Exact Name of Registrant as Specified in Its Charter)

                                    New York
                 (State or Other Jurisdiction of Incorporation)

         1-7657                                          13-4922250 
-----------------------                       ---------------------------------
(Commission File Number)                      (IRS Employer Identification No.)

200 Vesey Street, World Financial Center,
          New York, New York                               10285
------------------------------------------               ----------
 (Address of Principal Executive Offices)                (Zip Code)

                                 (212) 640-2000
              (Registrant's Telephone Number, Including Area Code)

         (Former Name or Former Address, if Changed Since Last Report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[  ]    Written communications pursuant to Rule 425 under the Securities Act
        (17 CFR 230.425)

[  ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act
        (17 CFR 240.14a-12)

[  ]    Pre-commencement communications pursuant to Rule 14d-2(b) under the
        Exchange Act (17 CFR 240.14d-2(b))

[  ]    Pre-commencement communications pursuant to Rule 13e-4(c) under the
        Exchange Act (17 CFR 240.13e-4(c))

Item 7.01   Regulation FD Disclosure

As announced on August 1, 2005, American Express Company (the "Company") and
H&R Block Inc. have signed a definitive agreement for H&R Block Inc. to acquire
American Express Tax and Business Services Inc. from the Company for a purchase
price of approximately $220 million.  The transaction is scheduled to be
completed by September 30, 2005 but is subject to pre-acquisition clearance
under the Hart-Scott-Rodino Act.

The Company does not expect the gain on the sale to have a material impact on
third-quarter results because of unrelated  costs associated with its global
re-engineering initiatives.  The sale is also not expected to have a material
impact on the Company's ongoing earnings.


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                        AMERICAN EXPRESS COMPANY

                                        By:    /s/ Stephen P. Norman
                                        Name:  Stephen P. Norman
                                        Title: Secretary

DATE:   August 1, 2005