One of the most important decisions you’ll make in your small business’s card journey is choosing between cash back<\/a><\/span> and points and miles<\/a><\/span>. If you’re Team Cash Back, the new Graphite\u2122 Business Cash Unlimited Card<\/a><\/span> has a bid to make for a spot in your business’s wallet.<\/p>\n However, despite its straightforward earning structure, the card struggles to stand out among competitors offering better value at a lower cost.<\/p>\n With weak benefits, a high annual fee relative to its value proposition and a steep spending requirement for its welcome offer, the Amex Graphite card is one to avoid unless you’re fully committed to American Express<\/a><\/span>.<\/p>\n Card rating*<\/strong>: \u2b50\u2b50\u00bd<\/strong><\/p>\n *Card rating<\/a><\/span> is based on the opinion of TPG’s editors and is not influenced by the card issuer.<\/em><\/p>\n With a $295 annual fee (see rates and fees<\/a><\/span>), it’s fair to assume the Amex Graphite card<\/a><\/span> offers a solid roster of benefits. After all, that annual fee is approaching premium-card territory<\/a><\/span>.<\/p>\n The Graphite card presents a fairly simple list of perks:<\/p>\n As far as earning rates go, the Graphite card has a single bonus category: 5% cash back on flights and prepaid hotels booked through American Express Travel\u00ae<\/a><\/span> Online. Other than that, you’ll earn 2% cash back on all eligible purchases. There’s no spending cap for either category, which aligns with this card’s aim at high-spending businesses.<\/p>\n Reward your inbox with the TPG Daily newsletter<\/p>\n Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG\u2019s experts<\/p>\nAmex Graphite card: The basics<\/h2>\n
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