American Express has introduced the Graphite Business Cash Unlimited Card, designed for businesses seeking straightforward cash-back rewards. The card offers unlimited 2% cash back on all eligible purchases and 5% cash back on flights and prepaid hotel stays booked through American Express Travel. There are no rotating categories or caps on earnings.
The card has a $295 annual fee and requires $50,000 in spending within the first six months to earn the $1,500 sign-up bonus. Some users have reported seeing a $2,000 bonus offer by using incognito mode or referral links, though this variation is not universally available or confirmed by American Express.
Who should consider this card?
This card is tailored for businesses with high and consistent spending. The 2% return on all purchases can generate significant rewards over time, and the 5% on travel aligns with companies that frequently book flights or hotels through Amex Travel. However, the $295 fee and steep spending threshold make it less practical for smaller businesses or those with lower monthly charges.
When evaluating the card, compare the potential rewards against the annual fee. For instance, a business spending $100,000 annually would earn $2,000 in cash back (2% of $100,000), which alone offsets the fee. Add the sign-up bonus and travel rewards, and it becomes a strong contender for high spenders.
Review the terms carefully and assess whether the card aligns with your business’s financial patterns before applying.