The American Express® Graphite™ Business Cash Unlimited
The The American Express® Graphite™ Business Cash Unlimited from American Express earns up to 2% effective value on dining in Madeen's catalog snapshot. Its annual fee is $295. New applicants may see: Earn $1,500 Cash Back in the form of Reward Dollars after you spend $50,000 in purchases on your new Card within the first 6 months of Card Membership.. Madeen compares this card against the cards you already carry — no bank login required.
- Top category
- Dining
- Effective value
- 2%
- Annual fee
- $295
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Madeen compares public issuer terms with its card-rule catalog. Issuer pages control rewards, fees, benefits, exclusions, and eligibility; Madeen does not issue cards, make approval decisions, or provide financial advice.
What does the The American Express Graphite™ Business Cash Unlimited earn in each category?
Dining is the strongest category at 2% effective value (2% back). That dining rate ranks higher than about 29% of the 1,547 cards we track in that category. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
Dining is the strongest category at 2% effective value (2% back). That dining rate ranks higher than about 29% of the 1,547 cards we track in that category.
| Category | Earn rate | Effective value |
|---|---|---|
| Dining Restaurants, cafes, takeout | 2% back | 2% Top category |
| Grocery Supermarkets and grocery stores | 2% back | 2% |
| Gas Gas stations and fuel | 2% back | 2% |
| Travel Flights, hotels, transit | 2% back | 2% |
| Other General everyday spend | 2% back | 2% |
Madeen values cash back at about 1 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.
Who should get the The American Express Graphite™ Business Cash Unlimited?
The The American Express Graphite™ Business Cash Unlimited fits spenders who put meaningful volume in dining and can earn 2% back. Best for spenders who put meaningful volume in dining and can earn 2% back. The welcome bonus can help if you can meet the spend requirement.
The American Express Graphite™ Business Cash Unlimited fits spenders who put meaningful volume in dining and can earn 2% back. Madeen ranks its dining effective rate higher than about 29% of the catalog in that category. Compare it against cards you already carry with Madeen — no bank login required.
Best for spenders who put meaningful volume in dining and can earn 2% back. The welcome bonus can help if you can meet the spend requirement.
Mostly a flat base earn card without strong category bonuses.
Worth a look for dining spend if you need a business card and can use cash back the way you redeem today. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
Pros
- Strongest Madeen category is dining at about 2% effective (2% back).
- No foreign transaction fee listed.
- Welcome bonus may add value if you can meet spend requirements.
Cons
- $295 annual fee requires enough spend in bonus categories to offset.
- Business card — rewards and liability rules differ from consumer cards.
Does the The American Express Graphite™ Business Cash Unlimited have an annual fee, and what's the welcome bonus?
The The American Express Graphite™ Business Cash Unlimited has an annual fee of $295 and a foreign transaction fee of None. New applicants may see: Earn $1,500 Cash Back in the form of Reward Dollars after you spend $50,000 in purchases on your new Card within the first 6 months of Card Membership.. Confirm current issuer terms before applying.
- Annual fee
- $295
- Foreign transaction fee
- None
- Signup bonus
- Earn $1,500 Cash Back in the form of Reward Dollars after you spend $50,000 in purchases on your new Card within the first 6 months of Card Membership.
What benefits come with the The American Express Graphite™ Business Cash Unlimited?
The The American Express Graphite™ Business Cash Unlimited includes $2,400 American Express One AP® Statement Credit, Car Rental Loss & Damage Insurance, Extended Warranty in our snapshot. Perks and benefits can change; verify coverage on the issuer site before you rely on them.
- $2,400 American Express One AP® Statement Credit
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 eligible purchases on the Graphite™ Business Cash Unlimited Card in this calendar year.
- Car Rental Loss & Damage Insurance
When you use your Eligible Card to reserve and pay for the Entire Rental and decline the collision damage waiver (CDW) at the Rental Company counter, You can be covered for Damage to or Theft of a Rental Vehicle in a Covered Territory.
- Extended Warranty
When you use your Eligible Card to make a Covered Purchase, you can get up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of 5 years or less on Covered Purchases in the United States or its territories or possessions.
- Global Assist® Hotline
Whenever you travel more than 100 miles from home, Global Assist® Hotline is available for 24/7 emergency assistance and coordination services, including medical and legal referrals, emergency cash wires, and missing luggage assistance.
- Purchase Protection
Sometimes your favorite new purchase gets stolen or accidentally damaged. But when you use your Eligible Card for Covered Purchases, your Membership can help protect them for up to 90 days from the Covered Purchase date, subject to the Coverage Limits. Up to $1,000 per Covered Purchase, up to $50,000 per calendar year.
- Return Protection
With Return Protection, you may return eligible purchases to American Express if the seller won't take them back up to 90 days from the date of purchase. American Express may refund the full purchase price excluding shipping and handling, up to $300 per item, up to a maximum of $1,000 per calendar year per Card account, if you purchased it entirely with your eligible American Express® Card.
Common questions about the The American Express Graphite™ Business Cash Unlimited
Does the The American Express Graphite™ Business Cash Unlimited have an annual fee?
The The American Express Graphite™ Business Cash Unlimited carries an annual fee of $295 in Madeen's catalog snapshot. Issuer terms can change, so confirm the current fee on the issuer's site before you apply. Madeen does not predict approval or prequalification.
What category earns the most with the The American Express Graphite™ Business Cash Unlimited?
Dining is the strongest Madeen category for the The American Express Graphite™ Business Cash Unlimited at about 2% effective value, based on our catalog snapshot and standard point valuations. Other categories are listed in the effective-rate table on this page.
Does the The American Express Graphite™ Business Cash Unlimited charge foreign transaction fees?
The The American Express Graphite™ Business Cash Unlimited does not charge a foreign transaction fee in Madeen's catalog snapshot, which can make it stronger for purchases outside the U.S. Issuer terms still control international acceptance and other fees. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
What is the The American Express Graphite™ Business Cash Unlimited welcome bonus?
The The American Express Graphite™ Business Cash Unlimited welcome offer in our snapshot: Earn $1,500 Cash Back in the form of Reward Dollars after you spend $50,000 in purchases on your new Card within the first 6 months of Card Membership.. Minimum spend, eligibility, and offer windows are set by the issuer and can change.
Is the The American Express Graphite™ Business Cash Unlimited annual fee worth it?
Whether the $295 annual fee pays off depends on how much you spend in dining and whether you use the card's benefits. Madeen compares effective rates across the cards you already carry without bank login. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
What credit score do you need for the The American Express Graphite™ Business Cash Unlimited?
Madeen's catalog lists a typical credit range of Good to Excellent for the The American Express Graphite™ Business Cash Unlimited. Issuers decide approval using their own criteria; Madeen does not predict approval odds or prequalification. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
How does the The American Express Graphite™ Business Cash Unlimited compare to similar cards?
Compare the The American Express Graphite™ Business Cash Unlimited against Hilton Honors American Express Aspire (3.5% on Dining, $550 fee); Hilton Honors American Express Surpass (3% on Dining, $150 fee); Hilton Honors Business (3% on Dining, $95 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.
| Card | Top category | Effective value | Annual fee |
|---|---|---|---|
The American Express Graphite™ Business Cash Unlimited This card | Dining | 2% | $295 |
American Express | Dining | 3.5% | $550 |
American Express | Dining | 3% | $150 |
American Express | Dining | 3% | $95 |
American Express | Dining | 2.8% | $250 |
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