Update (6/20/17): On June 20, 2017, American Express issued account credits to eligible Claimants who have current American Express accounts. Eligible Claimants that no longer have a current American Express account will be issued a Settlement check in July, 2017.

A federal court authorized this website. This is not a solicitation.

This site summarizes a proposed class action settlement of claims brought against American Express Centurion Bank and American Express Bank, FSB (“American Express”). This proposed Settlement does not apply to you if your American Express card was issued by another bank.

The proposed settlement (the “Settlement”) resolves claims that the interest rate on credit and charge cards issued by American Express with a fixed interest rate could not be increased or changed to a variable interest rate unless the account was delinquent or in default.

You are part of the proposed Settlement and may be eligible to submit a claim for a payment if you were an American Express cardmember in the United States with a consumer or small-business card issued by American Express with a fixed annual percentage rate that was increased or changed to a variable rate at any time between October 1, 2005 and December 31, 2010.

You also are part of the proposed Settlement if you received notice of such an increase or change, but your account did not have an existing balance or was delinquent or in default at the time of the rate change, or if any American Express account in your name has been written off or charged off, or if you have already received a refund or rate reduction, although you will not be eligible to submit a claim for a payment.

Your legal rights are affected whether you act or don’t act. Read this website carefully.

Submit a Claim Form

If you are eligible (see FAQ 5), you may submit a Claim Form to receive a Settlement payment. Click the button "Submit a Claim" to get started.

Exclude Yourself or
“Opt Out” of the Settlement
If you ask to be excluded, you will not receive a payment. This option allows you to pursue your own claims against American Express in the future.
Object Write to the Court about why you do not like the Settlement.
Go to a Hearing Ask to speak in Court about the fairness of the Settlement.
Do Nothing If you do nothing, you will not receive a Settlement payment and will give up your rights to sue American Express separately.

These rights and options — and the deadlines to exercise them — are explained here.

The Court still has to decide whether to approve the Settlement. Settlement payments will be made if the Court approves the Settlement and after any appeals are resolved. Please be patient and check this website for updates.

NOTICE: This website provides a summary of the Settlement and is provided for informational purposes only. In the event of any discrepancy between the text of this website and the original text upon which it is based, the text of the original document shall prevail.

Questions? Contact the Settlement Administrator at 1-877-803-8698 or by email at info@aprsettlement.com

Important Dates

  • Class Period
    October 1, 2005 through December 31, 2010
  • August 30, 2016
    Postmark deadline to request exclusion
  • August 30, 2016
    Postmark deadline to object
  • August 30, 2016
    Postmark and online Claim Form submission deadline
  • October 17, 2016 at 10:00 a.m. pst
    Final Approval Hearing
  • October 17, 2016
    Final Approval Order and Judgement Entered
  • June 20, 2017
    Disbursement of Account Credits
  • July 2017
    Disbursement of Check Payments