BEST OF

5 Business Credit Cards With No Foreign Transaction Fee

Aug 4, 2022

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When you use your credit card while traveling overseas for business, you’re likely to come up against foreign transaction fees. These fees, also known as international transaction fees, are charged by your credit card issuer and can be as high as 3%. However, there are several business credit cards available with no foreign transaction fee. Cards without this fee can save you a significant amount of money, especially if you’re using your business credit card to pay for hotel stays or several smaller transactions while away.

There is also a range of business cards that comes with points or cash-back rewards in addition to not charging foreign transaction fees. Depending on your needs, you can choose from cards that also offer hotel perks, points on qualifying purchases or 0% intro APRs.

Here are our top picks for business credit cards with no foreign transaction fees.

Bear in mind that a few of our selections for the best business credit cards with no foreign transaction fee credit cards can be applied for through NerdWallet directly, although some cannot. We’ve provided links for credit cards from our partners that allow you to apply directly through NerdWallet, as well as a full list of our top picks.

NerdWallet's Business Credit Cards With No Foreign Transaction Fee

Business Credit Cards With No Foreign Transaction Fee From Our Partners

Our pick for

All-around perks and points

Apply now

on American Express' website

The Business Platinum Card® from American Express

5.0

NerdWallet rating 
Apply now

on American Express' website

Annual fee

$695

Rewards rate

1x-5x

Points

Intro offer

120,000

Points

Recommended Credit Score

Pros

  • Lounge membership

  • Transfer partners

  • Bonus categories

  • Automatic elite status

  • Premium travel protections

Cons

  • High annual fee

  • Complicated rewards

  • Requires good/excellent credit

  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.

  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com, and 1X points for each dollar you spend on eligible purchases.

  • Earn 1.5X points (that’s an extra half point per dollar) on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.

  • Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.

  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for checked baggage fees, lounge day passes, and more at one selected airline.

  • $189 CLEAR® Credit: Use your Card and get up to $189 back per year on your CLEAR® membership. CLEAR® is available at more than 50 U.S. airports and stadiums.

  • The American Express Global Lounge Collection® can provide an escape at the airport. With more than 1,400 airport lounges across 140 countries and counting, you have more lounge location options than any other credit card on the market as of 9/2021.

  • $695 Annual Fee.

  • Terms Apply.

  • View Rates & Fees
Read full review

Our pick for

No annual fee

Apply now

on Bank of America's website

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

3.9

NerdWallet rating 
Apply now

on Bank of America's website

Annual fee

$0

Rewards rate

1.5x-3x

Points

Intro offer

30,000

Points

Recommended Credit Score

Pros

  • No annual fee

  • New cardholder bonus offer

  • Intro APR period

  • No reward caps

  • No foreign transaction fees

Cons

  • Requires excellent credit

  • Earn 30,000 online bonus points after you make at least $3,000 in net purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.

  • Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time-no matter how much you spend. Points don't expire.

  • Earn 3 points per every dollar spent on travel purchases (car, hotel, airline) booked through the Bank of America® Travel Center.

  • No annual fee and no international transaction fees.

  • 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 14.49% to 24.49% will apply.

  • Redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America Travel Center, cash back or gift cards.

  • Earn up to 75% more points on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means you could earn up to an unlimited 2.62 points per $1 spent on all purchases and up to 5.25 points per $1 spent at the Bank of America Travel Center.

  • Contactless Cards - The security of a chip card, with the convenience of a tap.

  • This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.

Read full review

Our pick for

Flat-rate rewards

Apply now

on Capital One's website

Capital One Spark Miles for Business

4.9

NerdWallet rating 
Apply now

on Capital One's website

Annual fee

$0 intro for the first year, then $95

Rewards rate

2x

Points

Intro offer

50,000

Points

Recommended Credit Score

Pros

  • High rewards rate

  • No minimum redemption amount

Cons

  • Has annual fee

  • No Intro APR period

  • High APR

  • Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening

  • Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account

  • Transfer your miles to 15+ travel loyalty programs

  • Redeem your miles instantly for any travel-related purchases, from flights and hotels to ride-sharing services

  • Fly through security with one statement credit for either the $85 TSA PreCheck® application fee or the $100 Global Entry application fee

  • $0 intro annual fee for the first year; $95 after that

  • Free employee cards which also earn unlimited 2X miles from their purchases

Read full review

Our pick for

Hotel rewards

Apply now

on American Express' website

Marriott Bonvoy Business® American Express® Card

4.1

NerdWallet rating 
Apply now

on American Express' website

Annual fee

$125

Rewards rate

2x-6x

Points

Intro offer

125,000

Points

Recommended Credit Score

Pros

  • Anniversary perk

  • High rewards rate

  • Automatic elite status

Cons

  • Has annual fee

  • Rewards have limited flexibility

  • Lower acceptance abroad

  • Limited Time Offer: Earn 125,000 Marriott Bonvoy Bonus Points after spending $5,000 in purchases on your new Card in your first 3 months of Card Membership. Offer expires 8/31/22.

  • 6x points at hotels participating in the Marriott Bonvoy™ program.

  • 4x points for purchases made at restaurants worldwide, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers and on U.S. purchases for shipping.

  • 2x points on all other eligible purchases.

  • Receive a 7% discount off standard rates for reservations of standard guest rooms at hotels that participate in the Marriott Bonvoy program when you book directly. Terms and Conditions Apply.

  • Receive 1 Free Night Award every year after your Card renewal month. Plus, earn an additional Free Night Award after you spend $60K in purchases on your Card in a calendar year. Awards can be used for one night (redemption level at or under 35,000 Marriott Bonvoy points) at a participating hotel. Certain hotels have resort fees.

  • Enjoy Complimentary Marriott Bonvoy Gold Elite Status with your Card.

  • Terms apply.

  • View Rates & Fees
Read full review

Our pick for

Delta frequent flyers

Apply now

on American Express' website

Delta SkyMiles® Gold Business American Express Card

4.5

NerdWallet rating 
Apply now

on American Express' website

Annual fee

$0 intro for the first year, then $99

Rewards rate

1x-2x

Miles

Intro offer

50,000

Miles

Recommended Credit Score

Pros

  • Free checked bag

  • Early boarding

  • Bonus categories

Cons

  • Has annual fee

  • Limited redemptions

  • Requires good/excellent credit

  • Welcome Offer: Earn 50,000 Bonus Miles after spending $2,000 in purchases on your new Card in your first 3 months of Card Membership.

  • Check or stow your bag with ease: First Checked Bag Free on Delta Flights + Main Cabin 1 Priority Boarding.

  • Earn 2 Miles on every dollar spent on eligible purchases made directly with Delta, on every dollar spent on eligible U.S. purchases for advertising in select media, on every dollar spent on eligible U.S. shipping purchases, on every eligible dollar spent at restaurants. Earn 1 Mile on every eligible dollar spent on other purchases.

  • Additionally, receive a $100 Delta Flight Credit to use toward future travel after you spend $10,000 in purchases on your Card in a calendar year.

  • Pay no foreign transaction fees when you travel overseas.

  • $0 introductory annual fee for the first year, then $99.

  • Terms and limitations apply.

  • View Rates & Fees
Read full review

FULL LIST OF EDITORIAL PICKS: BUSINESS CREDIT CARDS WITH NO FOREIGN TRANSACTION FEE

To access each of our full-length reviews, click on the name of the card. Be sure to confirm details on the card issuer’s website before applying.

Our pick for: All-around benefits

It’s hard to beat The Business Platinum Card® from American Express, both for avoiding foreign transaction fees and for overall cardholder perks. This card provides major opportunities to earn points on travel, plus decent points for everyday purchases—all without charging foreign transaction fees.

Cardholders get five times the points when they book flights and prepaid hotel stays through amextravel.com. Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card within the first 3 months of Card Membership. Terms Apply. The yearly fee on this card is steep, however, at $695. But so long as you make the most of what this card has to offer, the fee may be worth it. Read our review.

Our pick for: No annual fee

The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card earns you 1.5 points for every dollar spent. Better still, it provides you with 3 points per dollar when you make travel purchases through the Bank of America® Travel Center website. Earn 30,000 online bonus points after you make at least $3,000 in net purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.

This card has a $0 annual fee, and offers 0% intro APR on Purchases for 9 billing cycles, and then the ongoing APR of 14.49%-24.49% Variable APR. Bear in mind that this card requires excellent credit. Read our review.

Our pick for: Flat-rate rewards

The Capital One Spark Miles for Business offers a straightforward foreign-transaction-fee-free card. You’ll get unlimited 2x miles for every dollar spent on card purchases without any limitations on spending categories. These miles don’t expire for as long as the account remains open, and you can transfer them to more than 15 travel loyalty programs for domestic and international airlines.

In addition to the Capital One Spark Miles for Business being direct about how you earn and use miles, it also offers other helpful perks, such as a credit for either the TSA Pre✓® or Global Entry application fee. The annual fee is $0 intro for the first year, then $95. Read our review.

Our pick for: Hotel rewards

The Marriott Bonvoy Business® American Express® Card offers significant opportunities to earn points. This includes 6x points at hotels participating in the Marriott Bonvoy™ program, 4x points at restaurants worldwide, U.S. gas stations, wireless telephone services purchased from U.S. providers and shipping purchases made within the United States. All other eligible purchases earn 2x points.

This card also comes with one Free Night Award at a participating Marriott Bonvoy hotel after your account anniversary, and the opportunity to earn another Free Night Award when you spend $60,000 or more in purchases within a calendar year. You’ll also get complimentary Marriott Bonvoy Gold Elite status. Terms apply. Read our review.

Our pick for: Frequent Delta flyers that want benefits

If you’re a frequent Delta flyer and want to avail yourself of bonus miles, discounts on flights and miles from qualifying purchases, plus avoid a foreign transaction fee, the Delta SkyMiles® Gold Business American Express Card is a good option. This card offers practical perks, such as one free bag when flying Delta. Terms apply.

Other airline cards may offer more perks, including annual companion certificates and lounge access, but also come with higher fees. The Delta SkyMiles® Gold Business American Express Card has an annual fee of $0 intro for the first year, then $99. This card balances lower fees with practical perks, which can be a good middle ground between a fee-free card and a higher-fee option. Read our review.

Using business credit cards internationally

Which business credit cards work around the world?

This depends on the merchant. The four major U.S. issuers all have merchants that accept their credit cards around the world, but some countries may have more than others.

Outside of the United States, Visa and Mastercard tend to dominate in terms of merchant acceptance. American Express has a global presence as well, but it’s smaller than its competitors. Smaller merchants are less likely to accept American Express, but larger businesses may be more likely to do so.

When should I use dynamic currency conversion?

In most cases, dynamic currency conversion exchange rates are higher than those your card issuer would charge when converting a purchase in a local currency to U.S. dollars. Your payment network takes care of conversions at a fair exchange rate when you use local currency transactions. Dynamic currency conversion, however, usually comes with a more expensive exchange rate. If your credit card comes with a foreign transaction fee, you’ll still have to pay it even if you use dynamic currency conversion.

Are chip-and-PIN cards necessary abroad?

Chip-and-PIN systems add a layer of security to credit card transactions that takes the place of signing a receipt as part of a transaction. You’ll be able to use your chip-enabled credit card overseas, but unless you also have a PIN on the card, you will not be able to use this technology. You can still use your card and provide a signature instead.

Last updated on August 4, 2022