EXHIBIT 23
                                   
                    CONSENT OF INDEPENDENT AUDITORS
  
       We consent to the incorporation by reference in the
  registration statements on Form S-3 (Registration Statement Nos. 33-
  47497 and 33-62797) of American Express Credit Corporation and in
  the related prospecti of our report dated February 7, 1997, with
  respect to the consolidated financial statements and schedule of
  American Express Credit Corporation included in this Annual Report
  on Form 10-K for the year ended December 31, 1996.
  
  
                           /s/ Ernst & Young LLP
  


  
  New York, New York
  March 25, 1997