Source: The Points Guy
Summary
The American Express Blue Business Cash Card and the Graphite Business Cash Unlimited Card are two business credit cards that offer cash-back rewards. The Blue Business Cash Card has no annual fee and offers 2% cash back on the first $50,000 in eligible purchases each calendar year, then 1% cash back. The Graphite card has a $295 annual fee and offers 5% cash back on flights and prepaid hotels booked through Amex Travel Online, and 2% cash back on all other eligible purchases with no purchase limit. The cards have different benefits and rewards structures, and the best choice for a business owner depends on their spending habits and needs.
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Both cards offer cash-back rewards, but the Graphite card has a higher earning rate and more generous welcome bonus. However, the Blue Business Cash Card has no annual fee, making it a more accessible option for small businesses or those with limited expenses. The Graphite card’s benefits, such as travel and purchase protections, may be more valuable to businesses with high expenses. Ultimately, the choice between the two cards depends on the business’s specific needs and spending habits.
The Blue Business Cash Card is a classic, simple option best oriented for side hustlers or those with smaller businesses.
The Graphite card is ideal for high-spending businesses seeking elevated cash-back rewards.
The Blue Business Cash Card has a 2.7% foreign transaction fee, while the Graphite card charges no foreign transaction fees.
Both cards offer cash-back rewards, but the Graphite card’s rewards are more flexible and can be redeemed as a statement credit or at Amazon.com checkout.
The Graphite card’s $295 annual fee may be hard for some businesses to justify, given its limited benefits.
The Blue Business Cash Card is a solid choice for businesses that want to keep their personal and business transactions separate.
Business owners should weigh the benefits and rewards of each card carefully before making a decision.
It’s all about the cash back.
