AXP · News · 20260915N

Expense Management Platform

AMERICAN EXPRESS CO · 2026-09-15 · Importance 31 · Surprise 42

American Express launched the high-yield American Express Business Savings account to help businesses earn more on deposits and manage finances alongside existing services. Later in 2026, Graphite Business Cash Unlimited Card Members will be able to redeem Reward Dollars for deposits into American Express Business Checking accounts. American Express plans to introduce an AI-powered payroll solution in early 2027, integrating banking, payroll, and payments for small-business customers.

Key facts

• The Amex Graphite Business Cash Unlimited Card was launched in March 2026. source
• The Amex Graphite Business Cash Unlimited Card offers unlimited 2% cash back on eligible purchases. source
• The Amex Graphite Business Cash Unlimited Card offers 5% cash back on Amex Travel bookings. source
• The Amex Graphite Business Cash Unlimited Card carries a $295 annual fee. source
• Businesses need to spend at least $14,750 annually on the Amex Graphite Business Cash Unlimited Card to offset the $295 annual fee with cash back rewards. source