EXHIBIT 99.4.2


                                  CERTIFICATION


I,  Traci L. Memmott certify that:

1. I have reviewed this annual report on Form 10-K,  and all reports on Form 8-K
containing  distribution  or  servicing  reports  filed in  respect  of  periods
included in the year covered by this annual report,  of American  Express Credit
Account Master Trust;

2. Based on my knowledge,  the  information in these reports,  taken as a whole,
does not  contain  any untrue  statement  of a material  fact or omit to state a
material  fact  necessary  to  make  the  statements   made,  in  light  of  the
circumstances  under which such  statements  were made, not misleading as of the
last day of the period covered by this annual report;

3. Based on my knowledge,  the distribution or servicing information required to
be provided to the trustee by the servicer under the pooling and  servicing,  or
similar, agreement, for inclusion in these reports is included in these reports;

4. Based on my knowledge and upon the annual  compliance  statement  included in
the report and required to be delivered  to the trustee in  accordance  with the
terms of the  pooling  and  servicing,  or  similar,  agreement,  and  except as
disclosed in the reports,  the servicer has fulfilled its obligations  under the
servicing agreement; and

5. The reports disclose all significant  deficiencies relating to the servicer's
compliance with the minimum  servicing  standards based upon the report provided
by an independent  public  accountant,  after  conducting a review in compliance
with the Uniform  Single  Attestation  Program for  Mortgage  Bankers or similar
procedure,  as set forth in the pooling and  servicing,  or similar,  agreement,
that is included in these reports.


Date:  March 31, 2005

/s/ Traci L. Memmott
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Name:  Traci L. Memmott
Title: Vice President and Treasurer,
       American Express Receivables Financing Corporation III LLC