American Express Launched Graphite Business Cash Card
The new credit card for business owners features a $1,500 welcome bonus and tiered cash-back rewards.
Updated on Oct. 10, 2026 in Credit Cards
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American Express has introduced the Graphite Business Cash Unlimited credit card to the U.S. market. The new offering provides business owners with targeted rewards on travel and standard purchases.
Why it matters
The card aims to attract business spending by balancing a flat-rate reward structure with high-value travel perks. It provides a new option for companies looking to maximize cash back on their operational expenses.
The card carries a $295 annual fee and provides 5% cash back on flights and prepaid hotels booked via Amex Travel Online. Standard eligible purchases earn 2% cash back.
The players
American Express
American Express is a multinational financial services corporation known for its credit card, charge card, and traveler's cheque businesses.
The details
Cardholders can earn a $1,500 bonus by hitting $50,000 in spending within the first six months of account opening. This structure targets businesses with significant monthly transaction volumes.
Timeline
The card was launched on October 10, 2026.
Customers have six months to meet the required spending threshold for the welcome bonus.
Market Dynamics
This release reflects the broader industry move to capture more market share among small and medium-sized enterprises. It competes directly with other premium business cards by leveraging the American Express travel ecosystem.
Business owners must determine if their monthly spending justifies the $295 annual fee relative to the 2% and 5% cash-back rewards. The requirement to spend $50,000 in six months represents a significant cash flow commitment for smaller firms.
The takeaway
Business owners should calculate their annual spending on travel and general expenses to see if the rewards offset the annual fee. Tracking individual spending against the six-month bonus deadline is critical to capturing the full $1,500 incentive.
Further reading
Learn more about the latest options available to consumers in the Credit Cards section.
Source note: This article includes information reported by InsideFlyer.
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Do you consider a $295 annual fee worth paying for a business cash-back credit card?
