American Express Teases New Graphite Business Cash Unlimited Card (Launching Tomorrow)

American Express appears to be getting ready to launch a brand-new small business credit card, and early details suggest it could be a strong contender in the cash back space. The upcoming Graphite Business Cash Unlimited Card is already being teased on social media, with a full rollout expected as soon as tomorrow.

Graphite Business Cash Unlimited Card details

What We Know So Far

While American Express hasn’t officially released all the details yet, the teaser gives us a solid preview of what to expect. Based on the early information, this new business card will feature:

  • Unlimited 2% cash back on all eligible purchases
  • 5% cash back on flights and prepaid hotels booked through Amex Travel
  • A $250 annual fee, placing it in the mid-tier business card category

The marketing tagline hints that this card is designed to be “strong, adaptable, and ready for what’s next,” suggesting a focus on flexibility and everyday business spending.

A New Player in the 2% Cash Back Space

Unlimited 2% cash back cards are already popular among business owners who want simple, high-value rewards without worrying about bonus categories. If this card delivers consistent 2% earnings across all purchases, it could compete directly with some of the best flat-rate business cards currently available.

The added 5% return on travel booked through Amex Travel is also notable. For businesses that frequently book flights and hotels, this could provide significant extra value—especially compared to standard 2% cards that don’t offer travel multipliers.

What’s Still Unknown

There are still a few key details we’re waiting on:

  • Welcome bonus: This will likely be a major factor in determining whether the card is worth applying for right away
  • Additional benefits: Given the $250 annual fee, we expect perks such as travel protections, purchase protections, or business tools
  • Redemption options: Whether rewards are strictly cash back or include flexible redemption options remains to be seen

Early Thoughts

If the leaked details hold true, the Graphite Business Cash Unlimited Card could strike a strong balance between simplicity and elevated rewards. The combination of flat-rate earnings and boosted travel rewards may appeal to a wide range of small business owners.

However, the $250 annual fee means this card will need to offer enough ongoing value—or a compelling welcome bonus—to justify the cost.

Final Take

American Express is clearly targeting business owners who want a straightforward yet powerful rewards card. If the final product includes a competitive bonus and useful perks, this could quickly become one of the more interesting business card launches of the year.

Check back soon for full details once the card officially launches.

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