2022’s Best Business Credit Cards With No Foreign Transaction Fees

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Best Pick for: Premium Travel Rewards

The Business Platinum Card® from American Express

When it comes to travel rewards and benefits and you qualify for a business card, you probably can’t do better than The Business Platinum Card® from American Express.

It has a large annual fee, but it comes with some great redemption options that provide a better value at airlines and hotels.

Runners-up

  • Delta SkyMiles® Reserve Business American Express Card 
  • United Business Card

Best Pick for: No Annual Fee

Bank of America® Business Advantage Travel Rewards World Mastercard® credit card

The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is one of the best no annual fee business cards for travelers, but only if you’ll be able to book travel through the Bank of America Travel Center. It doesn’t have jaw-dropping travel perks, but it’s a free way to earn rewards for your spending.

Runners-up

  • Capital One Spark 1.5X Miles Select for Business
  • Capital One Spark 1.5% Cash Select for Business
  • Brex Card (paid daily)
  • Brex Card (paid monthly)

Best Pick for: Flat-Rate Rewards

Capital One Spark 2X Miles for Business

If you don’t like bothering with different credit cards for different kinds of purchases, a flat-rate card might be what you need.

The Capital One Spark 2X Miles for Business offers the same rate for everything you buy, with no limit. That’ll cover any and all travel expenses and any business purchases on the horizon. This could be a good card to pair with another business card that does have bonus categories as these cards tend to have limits on how much you can earn.

Runners-up

  • Capital One Spark 2% Cash Plus for Business
  • Capital One Spark 2X Miles for Business
  • Capital One Spark 1.5% Cash Select for Business

Best Pick for: Business Bonus Categories

American Express® Business Gold Card

Maybe your business makes a variety of purchases, but you want something with a little more punch than a flat-rate rewards card. Or maybe you’re looking for a nice card to pair with one of those flat-rate cards.

Either way, the American Express® Business Gold Card makes for a compelling offer. With a rare earn-where-you-spend-most reward program, it adapts to meet the changing needs of your business from month to month. Airfare is mixed with five other common business expenses, giving you quite a few point-earning opportunities.

Runners-up

  • Ink Business Preferred® Credit Card
  • U.S. Bank Business Leverage® Visa Signature® Card

Best Pick for: Fair or Average Credit

Capital One Spark 1% Classic for Business

The Capital One Spark 1% Classic for Business is one of the few unsecured business cards designed for fair or average credit.

Best Pick For: Mid-Range Annual Fee

Ink Business Preferred® Credit Card

The Ink Business Preferred® Credit Card can be very rewarding for business owners who spend consistently in its categories. There’s often a massive intro bonus as well, so you can start off with a heap of points to fuel a few trips.

Runners-up

  • Capital One Spark 2X Miles for Business
  • Capital One Spark 2% Cash Plus for Business
  • U.S. Bank Business Leverage® Visa Signature® Card

Best Pick for: Airline Rewards

Delta SkyMiles® Reserve Business American Express Card

When you spend a lot with any brand, you should check for deals or credit cards to help you get more for your money. That’s what you’ll find with the Delta SkyMiles® Reserve Business American Express Card.

It comes with solid airline rewards and a selection of cost-saving benefits to help make the annual fee easier to swallow. It recently added Centurion Lounge access to its list of perks, making it an even more attractive option for anyone who spends a lot of time in airports.

Runners-up

  • United Business Card
  • Southwest Rapid Rewards® Performance Business Credit Card
  • Alaska Airlines Visa® Business Credit Card
  • Delta SkyMiles® Platinum Business American Express Card
  • United Business Card
  • SKYPASS Visa Business Card
  • Hawaiian Airlines® Bank of Hawaii World Elite Mastercard®

Best Pick for: Hotel Rewards

Marriott Bonvoy Business® American Express® Card

If hotel spending is a common business expense, a hotel credit card may be in order. And if you have a favorite chain, the choice may be obvious, although it does limit the options you have to choose from.

The Marriott Bonvoy Business® American Express® Card is one of the few hotel-reward-specific business cards. It has a lot to offer if you frequent Marriott Bonvoys, but you should consider personal hotel credit cards and general travel credit cards as well.

Runner-up

  • The Hilton Honors American Express Business Card 

Best Pick for: No Personal Guarantee

Brex (paid daily)

Most business credit cards require personal guarantees, just like regular credit cards. But a rare breed of corporate cards doesn’t require personal guarantees or personal credit checks, meaning your approval depends on your business status and financials rather than your own credit history.

The Brex Daily Card presents a strong offer, with a seemingly endless set of business perks and credits. You can choose a reward program that fits your business, including interesting and seldom-seen categories like recurring software subscriptions, conference tickets and lab supplies.

Runners-up

  • Brex (paid monthly)
  • Stripe Corporate Card
  • Ramp Corporate Card

Best No Foreign Transaction Fee Credit Cards by Issuer

The cards above are among the best business credit cards with no foreign transaction fees, but there are many more than that.

Keep reading to see a selection of other cards from the major card issuers that won’t charge for foreign transactions.

Most airline and hotel co-branded credit cards have no foreign transaction fees, regardless of whether they’re business or consumer cards.

American Express

  • American Express® Business Gold Card
  • Marriott Bonvoy Business® American Express® Card
  • Delta SkyMiles® Gold Business American Express Card

Bank of America

  • Alaska Airlines Visa® Business credit card

Barclays

  • JetBlue Business Card

    In addition to this business card, JetBlue offers two personal co-branded credit cards, the JetBlue Card and the JetBlue Plus Card. All three offer a host of helpful perks to improve your JetBlue travel experience.
  • Hilton Honors American Express Aspire Card
  • AAdvantage® Aviator® World Elite Business Mastercard®

Capital One

All Capital One credit cards have no foreign transaction fees, including its business cards.

  • Capital One Spark 2X Miles for Business
  • Capital One Spark 1.5X Miles Select for Business
  • Capital One Spark 2% Cash Plus for Business
  • Capital One Spark 1.5% Cash Select for Business

Chase

  • United Club Business Card
  • Southwest Rapid Rewards® Premier Business Credit Card

Citi/U.S. Bank

  • U.S. Bank FlexPerks® Business Travel Rewards Card
  • SKYPASS Visa Business Card

Frequently Asked Questions

What’s the best business credit card with no foreign transaction fee?

If you’ll be traveling abroad and don’t want to get hit with foreign transaction fees, you have several great options:

  • The Business Platinum Card® from American Express: For premium travel rewards and high-end perks
  • Ink Business Preferred® Credit Card: A mid-range travel card with valuable bonus categories and point transfer options
  • Bank of America® Business Advantage Travel Rewards World Mastercard® Credit Card: If you want a card with no annual fee and basic benefits
  • Capital One Spark 1% Classic for Business: If you have fair credit but still want to earn some cash back

What are foreign transaction fees?

A foreign transaction fee is an extra charge for making credit card purchases in foreign currency. It’s also known as a foreign currency exchange fee.

These fees can occur when you’re traveling outside the U.S. or when a purchase is processed by a foreign bank (which can happen if you buy something from another country).

But you can avoid those fees with the right card: There are excellent business credit cards without foreign transaction fees, along with plenty of personal cards without foreign transaction fees.

How much is the average foreign transaction fee?

Most credit cards that have a foreign transaction fee charge 3%, although some are more and some are less. Many American Express credit cards, for instance, charge 2.7%.

Which business credit cards don’t charge foreign transaction fees?

Although most credit cards do charge foreign transaction fees, there are many that don’t. Capital One and Discover actually have no foreign transaction fees on any of their cards.

You’ll also find solid cards without foreign transaction fees from issuers like:

  • American Express
  • Chase
  • Bank of America
  • U.S. Bank
  • Brex

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