The Amex Graphite Business Cash Unlimited card now advertises a welcome offer of as high as $2,000 cash back after you spend $50,000 on eligible purchases within the first six months of card membership. American Express says welcome offers vary, so the amount you see in your application can be lower, and you may not be eligible for an offer at all.
Deal Details
$2,000 is the top of the range American Express advertises, not a fixed amount. American Express shows you the offer you qualify for after you fill out the application, and you can accept it and open the account or walk away if you don't like the amount.
Here's what the card itself looks like:
- 2% cash back on eligible purchases, with no cap.
- 5% cash back on flights and prepaid hotels booked through American Express Travel.
- A $295 annual fee.
- Cash back arrives as Reward Dollars, which you can redeem as a statement credit or at Amazon.com checkout.
- Up to $2,400 in statement credits toward American Express One AP monthly fees in the next calendar year, after you spend $250,000 on eligible purchases on the card in a calendar year.
How to Take Advantage
- Start an application for the Graphite Business Cash Unlimited card with American Express.
- Check the welcome offer amount you're shown before you accept the card.
- If you accept, put $50,000 in eligible purchases on the new card within the first six months of card membership.
Why This Deal Matters
The spending requirement is the number to weigh. $50,000 in six months is a lot for many small businesses, and the card's main earn is a flat 2%, so the $295 annual fee needs the spending to justify it. If you want to compare it with another flat-rate business card, our Capital One Spark Cash review covers one option, and our look at the Amex Blue Business Plus and Cash welcome offers covers Amex's no-annual-fee business cards.
Who Should Apply
This offer suits a business with heavy, steady spending that wants one card to carry it, and that books flights and prepaid hotels through American Express Travel often enough to use the 5% rate. The One AP credits only matter if your business uses American Express One AP.
