American Express Company (NYSE:AXP) is one of the best stocks to invest in for good returns. On March 25, American Express Co (NYSE: AXP) expanded its business card lineup with the introduction of the American Express Graphite Business Cash Unlimited Card.

The Graphite business card is part of American Express’ bid to help businesses manage spending, track expenses, and automate routine work. The card is tailored for business owners who want straightforward rewards and flexibility. The card offers 2% cash back on eligible purchases and 5% cash back on flights and prepaid hotels through Amex Travel.

The card also comes with incentives tied to higher spending. In addition, the company has introduced expense management software that brings card activity and expense tracking into a single platform. The system allows businesses to issue virtual cards and track employee spending.

American Express is also placing greater focus on how AI can fit into day-to-day business operations. Consequently, it has introduced a $300 annual statement credit toward ChatGPT Business ⁠subscription ​costs for holders of its U.S. Business Platinum ​and Business Gold cards.

American Express Company (NYSE:AXP) is a global financial services company primarily known as a payment card issuer and operator of a closed-loop payments network. It provides credit and charge cards, travel services, and traveler’s cheques to consumers and businesses, along with merchant acquisition and payment processing services, often focused on premium lifestyle benefits.

While we acknowledge the potential of AXP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 8 Best Gun Stocks to Buy in 2026 and 8 Cheap Rising Stocks to Buy Now.

Disclosure: None. Follow Insider Monkey on Google News.