<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             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) April 17, 2006


              American Express Receivables Financing Corporation II
                      (as Originator and Depositor of the
                 American Express Credit Account Master Trust)
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


       Delaware                     000-21424-04               13-3854638
-----------------------------      --------------        ----------------------
(State or other jurisdiction        (Commission              (IRS Employer
      of incorporation)             File Number)         Identification Number)

 200 Vesey Street, New York, New York                           10285
----------------------------------------                      ----------
(Address of principal executive offices)                      (Zip Code)

Registrant's telephone number, including area code:        (212) 640-2357


           American Express Receivables Financing Corporation III LLC
                  (as Originator and Depositor of the
                 American Express Credit Account Master Trust)
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


       Delaware                     333-113579-02              20-0942395
-----------------------------      --------------        ----------------------
(State or other jurisdiction        (Commission              (IRS Employer
      of incorporation)             File Number)         Identification Number)

4315 South 2700 West, Salt Lake City, Utah                      84184
-------------------------------------------                   ----------
  (Address of principal executive offices)                    (Zip Code)

Registrant's telephone number, including area code:        (801) 945-2030


           American Express Receivables Financing Corporation IV LLC
                   (as Originator and Depositor of the
                 American Express Credit Account Master Trust)
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


       Delaware                     333-113579-01              20-0942445
-----------------------------      --------------        ----------------------
(State or other jurisdiction        (Commission              (IRS Employer
      of incorporation)             File Number)         Identification Number)

4315 South 2700 West, Salt Lake City, Utah                      84184
-------------------------------------------                   ----------
  (Address of principal executive offices)                    (Zip Code)

Registrant's telephone number, including area code:        (801) 945-2068


                                  on behalf of the
                  American Express Credit Account Master Trust
(Issuing Entity in respect of the Class A and Class B Asset Backed Certificates)

<PAGE>


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:

[  ]  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))


<PAGE>


Item 8.01  Other Events

     Information concerning the American Express Credit Account Master Trust is
contained in the Monthly Servicer's Certificate, dated as of April 12, 2006 for
the Distribution Date occurring on April 17, 2006, covering activity from
February 25, 2006 through March 26, 2006, and provided to the Bank of New York,
as Trustee, under the Pooling and Servicing Agreement, dated as of May 16, 1996,
as amended and restated as of January 1, 2006. Such Monthly Servicer's
Certificate is attached hereto as Exhibit 20 and is incorporated herein by
reference.

     The  Class  A  and  Class  B  Series  2001-2  Floating  Rate  Asset  Backed
Certificates were paid in full on March 15, 2006. The Class A and Class B Series
2001-3  Floating Rate Asset Backed  Certificates  were paid in full on March 15,
2006.


Item 9.01  Financial Statements and Exhibits

     (a)   Not applicable.

     (b)   Not applicable.

     (c)   Exhibit:

           20  Series' 2001-2, 2001-3, 2001-4, 2001-5, 2001-6, 2001-7, 2002-1,
               2002-2, 2002-3, 2002-5, 2002-6, 2003-1, 2003-2, 2003-3, 2003-4,
               2004-1, 2004-2, 2004-3, 2004-4, 2004-5, 2005-1, 2005-2, 2005-3,
               2005-4, 2005-5, 2005-6, 2005-7, 2005-8, 2006-A and 2006-B
               Monthly Servicer's Certificate, dated April 12, 2006, for the
               April 17, 2006 Distribution Date.


<PAGE>


                                   SIGNATURES
                                   ----------

     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 thereunto duly authorized on the date indicated.


Dated:  April 17, 2006


                              American Express Receivables Financing
                              Corporation II,
                              as Originator and Depositor of the
                              American Express Credit Account Master Trust

                              By:    /s/ Maureen Ryan
                                     -------------------------------------
                              Name:  Maureen Ryan
                              Title: President




                              American Express Receivables Financing
                              Corporation III LLC,
                              as Originator and Depositor of the
                              American Express Credit Account Master Trust

                              By:    /s/ Andrea J. Moss
                                     -------------------------------------
                              Name:  Andrea J. Moss
                              Title: President




                              American Express Receivables Financing
                              Corporation IV LLC,
                              as Originator and Depositor of the
                              American Express Credit Account Master Trust

                              By:    /s/ Daniel L. Follett
                                     -------------------------------------
                              Name:  Daniel L. Follett
                              Title: President


<PAGE>


                              EXHIBIT INDEX
                              -------------

Designation                   Description
-----------                   -----------
Exhibit 20                    Series' 2001-2, 2001-3, 2001-4, 2001-5, 2001-6,
                              2001-7, 2002-1, 2002-2, 2002-3, 2002-5, 2002-6,
                              2003-1, 2003-2, 2003-3, 2003-4, 2004-1, 2004-2,
                              2004-3, 2004-4, 2004-5, 2005-1, 2005-2, 2005-3,
                              2005-4, 2005-5, 2005-6, 2005-7, 2005-8, 2006-A
                              and 2006-B Monthly Servicer's Certificate, dated
                              April 12, 2006, for the April 17, 2006
                              Distribution Date.
[{"type": "8-K", "sequence": "1", "filename": "b412738_8k.txt", "description": "FORM 8-K", "secsgml_size_bytes": 8019}]
[{"company-data": {"conformed-name": "AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST", "cik": "0001003509", "assigned-sic": "6189", "irs-number": "000000000", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-20787-07", "film-number": "06762493"}, "business-address": {"street1": "6985 UNION PARK CENTER", "city": "MIDVALE", "state": "UT", "zip": "84047", "phone": "8015655000"}, "mail-address": {"street1": "4315 SOUTH 2700 WEST", "city": "SALT LAKE CITY", "state": "UT", "zip": "84184"}}, {"company-data": {"conformed-name": "AMERICAN EXPRESS RECEIVABLES FINANCING CORP IV LLC", "cik": "0001283435", "assigned-sic": "6189", "irs-number": "000000000"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-113579-01", "film-number": "06762494"}, "business-address": {"street1": "4135 SOUTH 2700 WEST", "city": "SALT LAKE CITY", "state": "UT", "zip": "84184", "phone": "8015655023"}, "mail-address": {"street1": "4135 SOUTH 2700 WEST", "city": "SALT LAKE CITY", "state": "UT", "zip": "84184"}}, {"company-data": {"conformed-name": "AMERICAN EXPRESS RECEIVABLES FINANCING CORP III LLC", "cik": "0001283434", "assigned-sic": "6189", "irs-number": "000000000"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-113579-02", "film-number": "06762495"}, "business-address": {"street1": "4135 SOUTH 2700 WEST", "city": "SALT LAKE CITY", "state": "UT", "zip": "84184", "phone": "8015655023"}, "mail-address": {"street1": "4135 SOUTH 2700 WEST", "city": "SALT LAKE CITY", "state": "UT", "zip": "84184"}}, {"company-data": {"conformed-name": "AMERICAN EXPRESS RECEIVABLES FINANCING CORP II", "cik": "0000949349", "assigned-sic": "6189", "irs-number": "133854638", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-21424-04", "film-number": "06762496"}, "business-address": {"street1": "WORLD FINANCIAL CENTER", "street2": "AMERICAN EXPRESS TOWER 200 VESEY ST", "city": "NEW YORK", "state": "NY", "zip": "10285", "phone": "2126402000"}, "mail-address": {"street1": "WORLD FINANCIAL CENTER", "street2": "AMERICAN EXPRESS TOWER 200 VESEY ST", "city": "NEW YORK", "state": "NY", "zip": "10285"}}]
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             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) April 17, 2006

              American Express Receivables Financing Corporation II
                      (as Originator and Depositor of the
                 American Express Credit Account Master Trust)
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

       Delaware                     000-21424-04               13-3854638
-----------------------------      --------------        ----------------------
(State or other jurisdiction        (Commission              (IRS Employer
      of incorporation)             File Number)         Identification Number)

 200 Vesey Street, New York, New York                           10285
----------------------------------------                      ----------
(Address of principal executive offices)                      (Zip Code)

Registrant's telephone number, including area code:        (212) 640-2357

           American Express Receivables Financing Corporation III LLC
                  (as Originator and Depositor of the
                 American Express Credit Account Master Trust)
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

       Delaware                     333-113579-02              20-0942395
-----------------------------      --------------        ----------------------
(State or other jurisdiction        (Commission              (IRS Employer
      of incorporation)             File Number)         Identification Number)

4315 South 2700 West, Salt Lake City, Utah                      84184
-------------------------------------------                   ----------
  (Address of principal executive offices)                    (Zip Code)

Registrant's telephone number, including area code:        (801) 945-2030

           American Express Receivables Financing Corporation IV LLC
                   (as Originator and Depositor of the
                 American Express Credit Account Master Trust)
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

       Delaware                     333-113579-01              20-0942445
-----------------------------      --------------        ----------------------
(State or other jurisdiction        (Commission              (IRS Employer
      of incorporation)             File Number)         Identification Number)

4315 South 2700 West, Salt Lake City, Utah                      84184
-------------------------------------------                   ----------
  (Address of principal executive offices)                    (Zip Code)

Registrant's telephone number, including area code:        (801) 945-2068

                                  on behalf of the
                  American Express Credit Account Master Trust
(Issuing Entity in respect of the Class A and Class B Asset Backed Certificates)
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:

[  ]  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 8.01  Other Events

     Information concerning the American Express Credit Account Master Trust is
contained in the Monthly Servicer's Certificate, dated as of April 12, 2006 for
the Distribution Date occurring on April 17, 2006, covering activity from
February 25, 2006 through March 26, 2006, and provided to the Bank of New York,
as Trustee, under the Pooling and Servicing Agreement, dated as of May 16, 1996,
as amended and restated as of January 1, 2006. Such Monthly Servicer's
Certificate is attached hereto as Exhibit 20 and is incorporated herein by
reference.

     The  Class  A  and  Class  B  Series  2001-2  Floating  Rate  Asset  Backed
Certificates were paid in full on March 15, 2006. The Class A and Class B Series
2001-3  Floating Rate Asset Backed  Certificates  were paid in full on March 15,
2006.

Item 9.01  Financial Statements and Exhibits

     (a)   Not applicable.

     (b)   Not applicable.

     (c)   Exhibit:

           20  Series' 2001-2, 2001-3, 2001-4, 2001-5, 2001-6, 2001-7, 2002-1,
               2002-2, 2002-3, 2002-5, 2002-6, 2003-1, 2003-2, 2003-3, 2003-4,
               2004-1, 2004-2, 2004-3, 2004-4, 2004-5, 2005-1, 2005-2, 2005-3,
               2005-4, 2005-5, 2005-6, 2005-7, 2005-8, 2006-A and 2006-B
               Monthly Servicer's Certificate, dated April 12, 2006, for the
               April 17, 2006 Distribution Date.
SIGNATURES
                                   ----------

     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 thereunto duly authorized on the date indicated.

Dated:  April 17, 2006

                              American Express Receivables Financing
                              Corporation II,
                              as Originator and Depositor of the
                              American Express Credit Account Master Trust

                              By:    /s/ Maureen Ryan
                                     -------------------------------------
                              Name:  Maureen Ryan
                              Title: President

                              American Express Receivables Financing
                              Corporation III LLC,
                              as Originator and Depositor of the
                              American Express Credit Account Master Trust

                              By:    /s/ Andrea J. Moss
                                     -------------------------------------
                              Name:  Andrea J. Moss
                              Title: President

                              American Express Receivables Financing
                              Corporation IV LLC,
                              as Originator and Depositor of the
                              American Express Credit Account Master Trust

                              By:    /s/ Daniel L. Follett
                                     -------------------------------------
                              Name:  Daniel L. Follett
                              Title: President
EXHIBIT INDEX
                              -------------

Designation                   Description
-----------                   -----------
Exhibit 20                    Series' 2001-2, 2001-3, 2001-4, 2001-5, 2001-6,
                              2001-7, 2002-1, 2002-2, 2002-3, 2002-5, 2002-6,
                              2003-1, 2003-2, 2003-3, 2003-4, 2004-1, 2004-2,
                              2004-3, 2004-4, 2004-5, 2005-1, 2005-2, 2005-3,
                              2005-4, 2005-5, 2005-6, 2005-7, 2005-8, 2006-A
                              and 2006-B Monthly Servicer's Certificate, dated
                              April 12, 2006, for the April 17, 2006
                              Distribution Date.