UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                    FORM 8-K


                                 CURRENT REPORT

                        PURSUANT TO SECTION 13 OR 15 (d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


                                  July 30, 2003
                Date of Report (Date of earliest event reported)


                                    VIAD CORP
             (Exact name of registrant as specified in its charter)



         DELAWARE                       001-11015            36-1169950
(State or other jurisdiction of        (Commission         (I.R.S. Employer
incorporation or organization)         file number)       Identification No.)


 1850 N. CENTRAL AVE., PHOENIX, ARIZONA              85077
(Address of principal executive offices)           (Zip Code)


Registrant's telephone number, including area code (602) 207-4000







Item 5. OTHER EVENTS

On July 29, 2003, Viad Corp issued a press release announcing that in addition
to repaying its existing public debt, it intends to repay all of its outstanding
commercial paper and redeem all outstanding $4.75 preferred stock concurrent
with the spin-off of the Travelers Express Company. The transaction is subject
to all of the conditions previously specified in its July 24th press release
announcing Viad's intention to spin-off the Travelers Express Company. A copy of
the Company's press release is attached hereto as Exhibit 99.1 and is
incorporated by reference herein.

Item 7. FINANCIAL STATEMENTS AND EXHIBITS

    (a) Not applicable.

    (b) Not applicable.

    (c) Exhibits

        99.1 - Press release dated July 29, 2003, issued by Viad Corp.

The information in this current report on Form 8-K is being furnished and shall
not be deemed "filed" for the purposes of Section 18 of the Securities Exchange
Act of 1934, as amended, or otherwise subject to the liabilities of that
Section. The information in this current report shall not be incorporated by
reference into any registration statement or other document pursuant to the
Securities Act of 1933, as amended.








                                   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.


                                    VIAD CORP
                                  (Registrant)

July 30, 2003                                  By /s/ G. Michael Latta
                                                  -----------------------
                                                  G. Michael Latta
                                                  Vice President - Controller
                                                  (Chief Accounting Officer
                                                  and Authorized Officer)