[Rumor] New Upcoming American Express Graphite Business Cash Unlimited Card (2% Everywhere, $250 Annual Fee)

Update 3/25/26: See card release details in this post

(Update 3/22/26: Others are hearing there will be an annual fee of $295. I guess the image below was just one version or whatnot.)

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.