Source: The Points Guy
Summary
American Express has introduced the Graphite Business Cash Unlimited Card, a new option for high-spending business owners looking to earn strong cash-back rewards with a simple earning structure. The card has a $295 annual fee and offers a welcome bonus of $1,500 cash back after spending $50,000 on purchases in the first six months. Cardmembers will earn 5% cash back on flights and hotels booked via American Express Travel Online and 2% cash back on all other eligible purchases.
Our Reading
The escape is carefully planned.
The Amex Graphite Card is designed for high-spending small businesses, offering 5% cash back on flights and hotels booked via American Express Travel Online and 2% cash back on all other eligible purchases. Cardmembers will also receive benefits such as one AP statement credits, one AP invoice management, American Express Business Blueprint, various travel protections, purchase protection, extended warranty protection, and Global Assist Hotline. The card has a $295 annual fee and a welcome bonus of $1,500 cash back after spending $50,000 on purchases in the first six months. The spending requirement is one of the highest we’ve seen for any card.
The card’s benefits are carefully curated to appeal to high-spending business owners, but the spending requirement for the welcome bonus may be out of reach for many small businesses.
Ultimately, the Amex Graphite Card is best suited for those committed to cash back and to American Express.
Because, let’s be real, who doesn’t love a good spreadsheet to organize their expenses?
Author: Evan Null
