Graphite Business Cash Unlimited Card from American Express by American Express: 5% flights / airfare via portal, 5% hotels via portal, 2% everything…
The Graphite Business Cash Unlimited Card from American Express is American Express's mid-tier credit card. The $295/yr annual fee includes a $1,500 cash welcome bonus after spending $50,000 in the first 6 months. Beyond the welcome bonus, here's what the card actually delivers.
Welcome bonus value (year one): ~$1500. Annual statement credits: $0. Minus the $295 annual fee = ~$1205 in year-one net value before any spending earn. RewardsGuru rating: 4.2/5 — based on our net-value methodology.
Best fit: small-business owners who can run business expenses through one card and want the welcome bonus + category multipliers. Skip if: you don't have separate business spend or you'd struggle to hit the welcome-bonus spending requirement.
$1,500 cash back after spending $50,000 in the first 6 months.
Year-one math: welcome bonus value (~$1500) + annual credits ($0) − $295 fee = ~$1205 net before spending earn. Year-two onward, the credits alone need to clear $295 — they do not. Worth it if you'll use the credits, skip if you'd let them expire.
Check the card's terms — most premium travel cards waive foreign transaction fees, while no-fee and entry-tier cards usually charge 2-3%. American Express's product page has the current rate.