07:57 AM EDT, 03/25/2026 (MT Newswires) -- American Express ( AXP ) said Wednesday it has launched the Graphite Business Cash Unlimited Card on all eligible purchases and 5% cash back on flights and prepaid hotels booked through American Express Travel.

The company said the card has no cap on earnings and comes in a metal design, with an annual fee of $295.

The card features a no preset spending limit and the option to carry balances with interest through Pay Over Time, the company said.

It added that it also includes employee cards with rewards tracking and spending alerts, virtual cards with adjustable limits, and up to $2,400 in annual statement credits for fees on American Express' ( AXP ) accounts payable automation platform One AP after $250,000 in eligible purchases.