American Express Graphite Business Cash Unlimited Card: 2% Cash Back on All Purchases and $1,500 Bonus Offer

The American Express Graphite Business Cash Unlimited Card is ideal for high-spending businesses, as it offers unlimited 2% cash back on all eligible purchases with no limits on your spending as well as 5% cash back on flights and prepaid hotels booked through American Express Travel Online, plus you can earn a $1,500 bonus in Reward Dollars after you spend $50,000 in purchases within the first 6 months of card membership, all with a $295 annual fee.

Whether you spend $50,000 or $5,000,000 on your card each year, there is no limit to the 2% cash back that you will earn on your eligible card purchases with the Graphite Business Cash Unlimited Card from American Express.

The 2% unlimited cash back is the main benefit if this card, but with a $295 annual fee, you’ll have to spend at least $15,000 on your card every year in order to break even, so if you don’t spend a significant amount over $15,000 on your card every year, then this may not be the right card for your business.

You’ll also earn 5% cash back on flights and prepaid hotels that are booked through American Express Travel Online, so if you were to spend at least $6,000 on these specific travel purchases, you would also break even with the $295 annual fee, so that is another option to maximize your earnings.

Additionally, new card members who apply for the American Express Graphite Business Cash Unlimited Card will earn a $1,500 bonus when you spend $50,000 in purchases within the first 6 months.

The $1,500 bonus is provided in the form of Reward Dollars, which can be redeemed as statement credits or at Amazon.com checkout.

This $1,500 bonus may be the most enticing aspect of this card right now, as it could be a good incentive if you need to make a large purchase for your business, such as a vehicle, equipment, or technology purchase.

If you spend $50,000 on this card, you would not only earn the $1,500 bonus, but you would get an extra $1,000 with the 2% cash back earnings, so you would get $2,500 in total, minus the $295 annual fee.

For those businesses that use American Express One AP to make vendor payments using Virtual Cards, ACH or checks, you can also unlock up to $2,400 in statement credits for use in the next calendar year on American Express One AP monthly fees after you spend $250,000 on purchases in this calendar year.

Additionally, you can access various business tools to control and manage your company spending easily as well as get employee cards for your entire workforce, although Employee Graphite Business Cash Unlimited Cards do come with an additional $95 annual fee for the first 5 cards and $95 for each card thereafter.

Overall, the American Express Graphite Business Cash Unlimited Card is a decent option for businesses that spend a large amount of money each year in order to take advantage of the unlimited 2% cash back earnings as well as the $1,500 new member bonus.