American Express released a cryptic Instagram reel about a new upcoming business card, “Coming Soon”. No details are given.
People found somewhere a graphic from American Express about a possible upcoming Graphite Business Cash Unlimited Card with $250 annual fee, 2% everywhere unlimited, and 5% on flights and hotels booked with AmEx Travel.
This would be a rival for the Chase INK Business Premier card which also earns 2% everywhere. That card has a couple of advantages over this rumored upcoming AmEx card: 2.5% on transactions above $5,000 and a lower $195 annual fee.
These cards can make sense for business owners who spend a lot and don’t do points. Not many business cards get 2% everywhere. For regular personal use there are more options. There’s also the Blue Business Plus and Blue Business Cash available with 2x/2% everywhere, I suppose this rumored new card would mainly be better for someone who needs unlimited.
