Amex Graphite Business Cash Unlimited Card vs IHG One Rewards Premier
Side-by-side comparison
| Amex Graphite Business Cash Unlimited Card | IHG One Rewards Premier | |
|---|---|---|
| Annual fee | $295 | $99 |
| Welcome offer | $1,500 cash back | Up to 185,000 IHG One Rewards Points |
| Advertising | 2% | 3% |
| Shipping | 2% | 3% |
| Office supplies | 2% | 3% |
| Phone & internet | 2% | 3% |
| Travel | 2% | 5% |
| Everything else | 2% | 3% |
| Est. yearly rewards* | $900 | $1,530 |
| Points type | Cash back only | Locked to IHG One Rewards |
| Network | Amex | Mastercard |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of business spending, the Amex Graphite Business Cash Unlimited Card earns about $900 a year in rewards and the IHG One Rewards Premier about $1,530, valuing every point at a flat 1 cent. The Amex Graphite Business Cash Unlimited Card charges $295, which you clear through its rewards and perks. The IHG One Rewards Premier charges $99, which you clear through its rewards and perks. Counting rewards, fees, and any credits, the IHG One Rewards Premier delivers more total value, about $826 a year more for a typical spender, mostly because it earns more where you spend most, on everything else and travel. Neither leans on transferable points, so the deciding factors are the welcome offer, the card network, and which everyday perks you will actually use. On the sign-up bonus, the IHG One Rewards Premier currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the IHG One Rewards Premier if your spending leans toward advertising, shipping, office supplies.