Amex Graphite Business Cash Unlimited Card vs Ink Business Preferred®
Side-by-side comparison
| Amex Graphite Business Cash Unlimited Card | Ink Business Preferred® | |
|---|---|---|
| Annual fee | $295 | $95 |
| Welcome offer | $1,500 cash back | 100,000 Ultimate Rewards® Points |
| Advertising | 2% | 3% |
| Shipping | 2% | 3% |
| Office supplies | 2% | 1% |
| Phone & internet | 2% | 3% |
| Travel | 2% | 3% |
| Everything else | 2% | 1% |
| Est. yearly rewards* | $900 | $846 |
| Points type | Cash back only | Transfers to airlines & hotels |
| Network | Amex | Visa |
*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 Ink Business Preferred® about $846, 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 Ink Business Preferred® charges $95, but carries about $10 in annual statement credits that offset it for anyone who uses them. Counting rewards, fees, and any credits, the Ink Business Preferred® delivers more total value, about $151 a year more for a typical spender, mostly because it earns more where you spend most, on advertising and travel. The bigger difference is the ceiling: the Ink Business Preferred® earns points you can move to travel partners for outsized value, while the Amex Graphite Business Cash Unlimited Card pays plain cash back. Favor the Ink Business Preferred® if you will use travel transfers, the Amex Graphite Business Cash Unlimited Card if you want simplicity. On the sign-up bonus, the Amex Graphite Business Cash Unlimited Card currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Amex Graphite Business Cash Unlimited Card if your spending leans toward office supplies, everything else. Pick the Ink Business Preferred® if your spending leans toward advertising, shipping, phone & internet.