8 Best Business Credit Cards With No Foreign Transaction Fee 2019

Business credit cards with no foreign transaction fee are designed for people traveling for business outside the United States. The best cards pay up to 12x points in rewards and offer luxury travel perks, such as baggage insurance and airport lounge access. We identify the eight best business credit cards with no foreign transaction fee.

Top 8 Business Credit Cards With No Foreign Transaction Fee June 2019

How We Evaluated Business Credit Cards With No Foreign Transaction Fee

We looked at small business credit cards with no foreign transaction fee and determined the best by evaluating each card’s rewards and additional features, as well as other criteria. The best no foreign transaction fee credit card for you is one that features the rewards or travel perks you want in a card.

In our evaluation, we considered the following criteria:

• Foreign transaction fee: How much you’ll be charged when making a purchase outside the U.S. We only considered business credit cards with no foreign transaction fees.
• Introductory rewards: The introductory rewards you can earn when you meet a minimum spending requirement. Cards on this list have introductory offers up to $1,000.
• Ongoing rewards: The ongoing rewards you can earn on your business-related purchases. Cards on our list offer rewards up to 12x points.
• Introductory APR: Whether a card offers a no-interest financing period on purchases or balance transfers. Cards on our list offer an introductory 0% APR period on purchases or balance transfers for up to nine months.
• Ongoing APR: How much you’ll be charged to finance purchases or balance transfers on the card. Cards on our list have ongoing APRs as low as 13.49%. There is one card that doesn’t carry interest because it’s a charge card and is due in full monthly.
• Additional features: Any free benefits or perks that make the card more valuable, such as insurance or travel perks. Most cards on our list offer additional perks, such as baggage insurance and extended warranty protection. Some cards offer airport lounge access and expedited airport security screening program statement credits.

We recommend the American Express Business Platinum Card® as the best business credit card with no foreign transaction fee. It pays up to 5x points on travel-related purchases, and you can earn up to 75,000 bonus points after you spend $20,000 within the first three months. It also offers luxury travel benefits, such as free unlimited access to 1,200 airport lounges.

American Express Business Platinum Card®: Overall Best Business Credit Card With No Foreign Transaction Fee

The American Express Business Platinum Card® is the overall best business credit card with no foreign transaction fee. This card is designed for businesses that want to earn maximum travel rewards and luxury travel perks, such as airport lounge access. It pays 5x points on travel-related purchases. Additionally, this card has no preset spending limit because it’s a charge card. However, that means your balance is due in full monthly.

If you can’t afford this repayment schedule, it’s best to look into applying for a traditional credit card. An excellent alternative would be Chase Ink Business Preferred^SM, which is a no foreign transaction fee credit card and offers rewards up to 3x points per dollar.

American Express Business Platinum Card® Costs

Financing costs and fees on the American Express Business Platinum Card® include:

• Foreign transaction fee: None
• Annual fee: $595
• Introductory APR: None
• Ongoing APR: No APR because it’s a charge card and needs to be paid in full monthly; if you use the invitation-only Pay Over Time feature, the APR is 20.49%, which adjusts with the prime rate
• Balance transfer fee: Transfers are not allowed

This is the only charge card on our business credit card with no foreign transaction fee list. This means it carries no interest, but you’ll need to pay your balance off every month. Additionally, charge cards usually have no preset spending limit, which means you can make purchases without worrying about hitting your limit. This feature also makes it one of the best high limit business credit cards.

American Express also offers a Pay Over Time feature on this card for eligible purchases, which allows you to pay off your balance over time with interest. If you’re invited to use this feature, the ongoing APR is 20.49%, which adjusts with the prime rate.

American Express Business Platinum Card® Rewards

With the American Express Business Platinum Card®, you can earn up to 75,000 bonus points after you spend $20,000 within the first three months. This card also pays 5x points on flights and prepaid hotels through American Express Travel.

Introductory Rewards

You will earn the following introductory rewards when using this card:

• 50,000 Membership Rewards points after you spend $10,000 on qualifying purchases in the first three months.
• 25,000 Membership Rewards points after you spend an additional $10,000 in the first three months.
• One year of Premium Global Access from WeWork, which gives you access to more than 300 premium workspaces in over 75 cities.

This card’s 75,000 bonus point offer is worth up to $750 in flights, Uber rides, and gift cards, and up to $525 in prepaid hotels. Additionally, the WeWork access is a unique reward to American Express and is worth $2,700. The introductory rewards on this American Express business card are potentially greater than what you could earn on Chase Ink Business Preferred^SM, which offers 80,000 points worth $1,000 when redeemed for travel.

Ongoing Rewards

You will earn the following ongoing rewards when using your card:

• 5x points on flights and prepaid hotels through American Express Travel.
• 1.5x points per dollar for eligible purchase transactions of $5,000 or more.
• 1x points on all other purchases.
• 3.5 extra points for every 10 points you redeem for travel through American Express Travel (that’s 35% of your points back), up to 500,000 bonus points per year.

Unlike co-branded cards, like the Marriott Bonvoy Business™ American Express® Card, you can earn rewards on both flights and prepaid hotels through American Express Travel with this card. The advantage of using a traditional credit card is that you have more reward opportunities.

American Express Business Platinum Card® Additional Features

The American Express Business Platinum Card® comes with the following additional features:

• Purchase protection: Covers purchased items from theft or damage for the first 120 days from purchase. Coverage is limited to $10,000 per claim and $50,000 per year.
• Extended warranty protection: Offers up to an additional two years of warranty coverage on U.S. manufacturer’s warranties of five years or less.
• Airport lounge access: Unlimited complimentary access to 1,200 airport lounges around the world through the American Express Global Lounge Collection^SM.
• Airport security screening: Either a $100 statement credit for Global Entry or $85 statement credit for TSA Pre✓® once every four years.
• Annual travel credit: $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
• Dell statement credit: Get up to $100 in statement credits every six months on purchases with Dell for a total of $200 in credits every year.
• Elite car rental status: Elite status at a number of car rental agencies, which includes free upgrades.
• Free in-flight Wi-Fi: 10 annual free Gogo inflight Wi-Fi passes.

American Express additional card features outrank other credit issuers, such as Capital One, and can be worth thousands of dollars per year. These additional features are worth more than enough to make up for the card’s annual fee if you travel often.

What the American Express Business Platinum Card® Is Missing

American Express is not as widely accepted as Visa or Mastercard. This means not all merchants overseas will accept the American Express Business Platinum Card®. If you want a card that’s more widely accepted, Chase Ink Business Preferred^SM is a good alternative. Plus, you can’t carry a balance with this card because it’s a charge card. If you need to carry a balance, consider a 0% APR business credit card.

American Express Business Platinum Card® Reviews

We considered both user reviews and our own editorial review when rating this card. American Express Business Platinum Card® reviews are mostly positive. This card is known for its strong rewards structure and unrivaled additional card features, although it does carry a high annual fee.

User Reviews

Online American Express Business Platinum Card® user reviews suggest cardholders love the additional features, such as airport lounge access and baggage insurance. Some users complain that you need to travel frequently to make the $595 annual fee worth it.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. We believe the American Express Business Platinum Card® is one of the best American Express business credit cards. It offers unbeatable travel perks, including airport lounge access, baggage insurance, extended warranty protection, and car rental insurance. Plus, you can earn some of the best travel rewards. However, the annual fee is high for those who don’t travel often.

How to Apply for the American Express Business Platinum Card®

You can apply for the American Express Business Platinum Card® online by filling out a basic application with your business and personal information, and you could be approved instantly. Once you’re approved, you’ll receive your card in the mail within seven to 10 days

Apply Now

Chase Ink Business Preferred^SM: Best for Maximizing Travel Rewards at a Lower Annual Fee

Chase Ink Business Preferred^SM is best for businesses that want to maximize rewards at an annual fee of $95. This card offers top travel rewards up to 3x points and charges several hundred dollars less than the best card on our list, the American Express Business Platinum Card®. It also has an introductory offer that is worth $1,000 in travel. Its ongoing APR is between 18.24% and 23.24%.

Chase Ink Business Preferred^SM Costs

Financing costs and fees on Chase Ink Business Preferred^SM include:

• Foreign transaction fee: None
• Annual fee: $95
• Introductory APR: None
• Ongoing APR: 18.24% to 23.24%, which adjusts with the prime rate
• Balance transfer fee: $5 or 5% of the amount of the transfer, whichever is greater

Chase Ink Business Preferred^SM charges $500 less annually when compared to the American Express Business Platinum Card®. You’ll be able to earn top travel rewards for a fraction of the cost. However, Chase Ink Business Preferred^SM charges a high ongoing APR starting at 18.24%. If you need to carry a balance, choose a card with a lower APR like the Bank of America® Business Advantage Travel Rewards World Mastercard® (13.49%).

Chase Ink Business Preferred^SM Rewards

Chase Ink Business Preferred^SM has a welcome offer that is worth $1,000 in travel when redeemed through Chase’s rewards portal. Plus, you’ll earn 3x points on travel, shipping purchases, telecommunications services, and advertising purchases.

Introductory Rewards

You’ll earn 80,000 bonus points when you spend $5,000 within the first three months after account opening. That is $1,000 of travel when redeemed through Chase’s online rewards portal. In comparison, the American Express Business Platinum Card® offers bonus points worth up to $750 and WeWork access worth $2,700.

Ongoing Rewards

You will earn the following ongoing rewards when using your card:

• 3x Ultimate Rewards points on the first $150,000 spent in combined purchases each account anniversary year spent in four categories. The categories include travel, shipping, advertising on search engines and social media sites, and on internet, cable, and phone services.
• 1x Ultimate Rewards points on all other spending.

Chase Ink Business Preferred^SM is an excellent choice if you don’t spend over $150,000 on travel and advertising expenses per year. If you do spend more than $150,000, Capital One® Spark® Miles for Business would be a better option because it has no spending cap. It pays 2x miles on all spending.

It’s important to note that Chase’s definition of travel spending is liberal compared to other cards on our list. You’ll earn 3x points on the following travel categories: airlines, hotels, motels, timeshares, car rental agencies, cruise lines, travel agencies, discount travel sites, campgrounds, passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking lots and garages.

Chase Ink Business Preferred^SM Additional Features

Chase Ink Business Preferred^SM comes with the following additional features:

• Auto rental collision damage waiver: Offers primary coverage when renting for business purposes, which means it replaces any coverage your personal insurance offers. Chase may reimburse you up to the actual cash value of the car for theft and collision damage.
• Purchase protection: Covers your purchased items for 120 days against damage or theft. Coverage is limited to $10,000 per claim and $50,000 per account per year.
• Extended warranty protection: Extends the time period of the U.S. manufacturer’s warranty by an additional year on warranties of three years or less.
• Cellphone protection: All eligible phone lines on your phone bill are covered for up to $600 in theft or damages per claim. This coverage limits you to three claims per 12-month period, with a $100 deductible per claim.
• Trip cancellation and delay insurance: If your trip is canceled, you can be compensated up to $5,000 for prepaid expenses such as airfare or hotels. If your trip is delayed for 12 hours or more, you can be reimbursed up to $500 for your hotel room, meals, and transportation.

Chase Ink Business Preferred^SM offers some additional card perks that other cards don’t offer, which makes it a strong travel business credit card (for example, its cellphone protection and trip cancellation insurance). However, the American Express Business Platinum Card® still offers more benefits, such as airport lounge access and reimbursement for membership in an expedited airport security screening program.

What the Chase Ink Business Preferred^SM Is Missing

Chase Ink Business Preferred^SM doesn’t offer an introductory 0% APR period, and it carries a relatively high ongoing APR starting at 18.24%. This card is not a good option if you need to carry a balance. If you can’t afford to pay off your bill in full every month, consider the Bank of America® Business Advantage Travel Rewards World Mastercard®. That card has no interest on purchases for nine months and an ongoing APR starting at 13.49%.

Chase Ink Business Preferred^SM Reviews

We considered both user reviews and our own editorial review when rating this card. Chase Ink Business Preferred^SM reviews are extremely positive. Most cardholders love this card for its huge value at a significantly lower cost than other business credit cards.

User Reviews

Online reviews suggest that users enjoy the large introductory offer and the ongoing rewards they earn on several different spending categories. However, some users complain about the lack of travel benefits.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. This card just falls short of the American Express Business Platinum Card®. It’s a better choice for business owners who don’t need premium travel perks. Some editorial reviewers wish this card had more bonus reward categories.

How to Apply for the Chase Ink Business Preferred^SM

You can apply for the Chase Ink Business Preferred^SM online by filling out a basic application with your business and personal information. You can be approved immediately. Once you’re approved, you’ll receive your card in the mail within seven to 10 days

Apply Now

Marriott Bonvoy Business™ American Express® Card: Best for Companies That Stay at Marriott Bonvoy Hotels

The Marriott Bonvoy Business™ American Express® Card is best for companies that primarily stay at Marriott Bonvoy hotels, which include all of the Ritz-Carlton and former Starwood Preferred Guest properties. This card pays up to 6x points at participating locations, 4x points in three bonus categories, and 2x points on all other purchases. Its ongoing APR is between 17.99% and 26.99%.

Marriott Bonvoy Business™ American Express® Card Costs

Financing costs and fees on the Marriott Bonvoy Business™ American Express® Card include:

• Foreign transaction fee: None
• Annual fee: $125
• Introductory APR: None
• Ongoing APR: 17.99% to 26.99%, which adjusts with the prime rate
• Balance transfer fee: Transfers are not allowed

The Marriott Bonvoy Business™ American Express® Card is a fraction of the cost of some cards on our list, such as the American Express Business Platinum Card®. However, the Chase Ink Business Preferred^SM card is still more affordable. That card charges an annual fee of $95 and offers ongoing rewards up to 3x points.

Marriott Bonvoy Business™ American Express® Card Rewards

The Marriott Bonvoy Business™ American Express® Card offers 75,000 bonus points after you spend $3,000 within the first three months. You’ll also earn 6x points at participating locations, 4x points at select merchants, and 2x points on all other purchases.

Introductory Rewards

You’ll earn 75,000 bonus points after spending $3,000 in purchases in the first three months. Depending on how you redeem your points, Marriott Bonvoy points are worth 0.9 cents each on average. This means the introductory offer is worth $675. Compared to other hotel-affiliated cards like the Hilton Honors American Express Business Card, this offer is slightly better. That card’s welcome offer is worth $625.

Ongoing Rewards

You will earn the following ongoing rewards when using your card:

• 6x points at participating Marriott Bonvoy hotels.
• 4x points at U.S. restaurants, 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 purchases.
• One free night award every year after your card anniversary.

This small business credit card offers some of the strongest rewards on our list. In addition to the six points you can earn on Marriott purchases, you can also earn 2x points on other purchases, including your foreign transactions. Chase Ink Business Preferred^SM only pays 3x points per dollar on the first $150,000 spent on travel, shipping purchases, internet service, cable television service, phone service, and advertising purchases.

Marriott Bonvoy Business™ American Express® Card Additional Features

The Marriott Bonvoy Business™ American Express® Card comes with the following additional features:

• Baggage insurance: Covers the loss of any checked or carry-on baggage in direct transit from a common carrier or terminal. Coverage is limited to $1,250.
• Purchase protection: Covers purchased items from theft or damage for the first 120 days from purchase. Coverage is limited to $10,000 per claim and $50,000 per year.
• Extended warranty protection: Offers up to an additional two years of warranty coverage on U.S. manufacturer’s warranties of five years or less.
• Complimentary Silver Elite status: Receive complimentary Marriott Bonvoy Silver Elite status and have access to exclusive benefits, such as 25% bonus points on purchases at participating hotels, priority late checkout, and access to an elite reservation line.

Many other cards on our list offer similar perks, specifically American Express business credit cards. The American Express Business Platinum Card® is the only other card on our list that offers a complimentary Marriott Bonvoy membership. However, that card offers complimentary Gold status. Typically, you need to spend $35,000 in a year to upgrade to Marriott Bonvoy Gold Elite status.

What the Marriott Bonvoy Business™ American Express® Card Is Missing

This card is missing an introductory 0% APR period. This means this card is not ideal for financing a large purchase or transferring a balance. Consider a balance transfer business credit card if you are carrying high-interest debt on other cards.

Marriott Bonvoy Business™ American Express® Card Reviews

We considered both user reviews and our own editorial review when rating this card. Marriott Bonvoy Business™ American Express® Card reviews are generally positive. For any loyal Marriott customers, this card can offer extremely valuable ongoing rewards. Marriott has locations in 129 foreign countries, which means this is a card you’ll be able to take with you on most trips.

User Reviews

Online user reviews suggest that cardholders enjoy the substantial introductory and ongoing rewards. Plus, they love the additional travel perks, such as complimentary Silver Elite status. We could find no negative online reviews.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. This no foreign transaction fee credit card’s strong rewards make it hard to beat for business owners who primarily stay at Marriott hotels. However, it has no interest-free financing periods and a high APR when compared to other small business credit cards.

How to Apply for the Marriott Bonvoy Business™ American Express® Card

You can apply for the Marriott Bonvoy Business™ American Express® Card online. You will be required to provide basic business and personal information. Usually, you will receive a decision within minutes. If you’re approved, you will get your card within seven to 10 days. Once you’re approved, you’ll receive your card in the mail within seven to 10 days

Apply Now

Hilton Honors American Express Business Card: Best for Loyal Hilton Hotel Customers

The Hilton Honors American Express Business Card is best for business owners who are loyal Hilton hotel customers. This card pays 12x points for purchases made directly with Hilton properties and 3x points on all other purchases, including your foreign transactions. Plus, it has an introductory offer that is worth $625. You’ll also receive complimentary Hilton Gold Status and pay an ongoing APR between 17.99% and 26.99%.

Hilton Honors American Express Business Card Costs

Financing costs and fees on the Hilton Honors American Express Business Card include:

• Foreign transaction fee: None
• Annual fee: $125
• Introductory APR: None
• Ongoing APR: 17.99% to 26.99%, which adjusts with the prime rate
• Balance transfer fee: Transfers are not allowed

Similar to the Marriott Bonvoy Business™ American Express® Card, this hotel branded American Express card also charges an annual fee of $125. There are other cards on our list that offer lower annual fees, such as Chase Ink Business Preferred^SM. However, you won’t receive luxury benefits with these cards. If you want luxury travel benefits, consider the American Express Business Platinum Card®.

Hilton Honors American Express Business Card Rewards

Hilton Honors American Express Business Card offers an introductory offer that is worth $625. Plus, it also offers bonus category rewards on Hilton hotels and resorts, travel, business purchases, gas stations, wireless phone services, shipping, flights, and car rentals.

Introductory Rewards

You’ll earn 125,000 bonus points after you spend $3,000 on the card within the first three months. Each Hilton Honors Bonus Point on average is only worth half a cent. This means this offer is only worth $625. Other hotel credit cards, like the Marriott Bonvoy Business™ American Express® Card, offer a higher sign-up bonus. Its introductory offer is worth $675 and its points are worth 0.9 cents each.

Ongoing Rewards

You will earn the following ongoing rewards when using your card:

• 12x points per dollar for purchases made directly with hotels and resorts in the Hilton portfolio.
• 6x points per dollar on select business purchases (gas stations, wireless telephone services, and U.S. purchases for shipping).
• 6x points per dollar on select travel purchases (U.S. restaurants, on flights booked directly with airlines or with Amex Travel, and select car rentals).
• 3x points per dollar on other purchases.

At first glance, these rewards seem to be the best on our list. However, it’s important to reiterate that Hilton Honors points are only worth half a cent each. For example, its top rewards of 12x points would be worth six cents per dollar spent. With that being said, these rewards are still among some of the best available among other business credit cards with airport lounge access.

Hilton Honors American Express Business Card Additional Features

Hilton Honors American Express Business Card comes with the following additional features:

• Complimentary Gold Status: You will receive complimentary Hilton Honors Gold Status.
• Free Priority Pass visits: Receive 10 complimentary Priority Pass airport lounge visits each membership year.
• Free weekend night reward: Earn a free weekend night reward after you spend $15,000 in one year; earn a second weekend night reward after you spend $60,000 in one year.
• Purchase protection: Covers your purchases for 120 days from purchase date against damage or theft. Coverage is limited to $1,000 per item and $50,000 per year.
• Extended warranty protection: Offers up to an additional two years of coverage on manufacturer’s warranties of five years or less.

This card offers additional card features similar to what is offered by the American Express Business Platinum Card®, including purchase protection and extended warranty protection. Plus, on that card and the Hilton Honors American Express Business Card, you’ll receive complimentary Hilton Honors Gold Status.

What the Hilton Honors American Express Business Card Is Missing

The card is not an ideal card if you need to finance a large purchase or carry a balance. It doesn’t offer an introductory 0% APR period and has a high ongoing APR starting at 17.99%. Instead, consider a 0% APR business credit card.

Hilton Honors American Express Business Card Reviews

We considered both user reviews and our own editorial review when rating this card. Hilton Honors American Express Business Card reviews are generally mixed. This card offers attractive rewards for most Hilton customers, but there are cards that offer better reward redemption values. Hilton has locations in 108 foreign countries, about 20 fewer countries than Marriott. Still, this card should give you value in most places you choose to travel.

User Reviews

Hilton Honors American Express Business Card users enjoy that their points never expire and the additional card perks, such as complimentary Hilton Honors Gold Status. However, some users complain that their points are only worth half the value of other loyalty programs, such as Marriott Bonvoy points.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. This is a solid card if you’re a business owner who primarily books hotel nights with Hilton properties. However, it does have a high ongoing APR and no introductory 0% APR period.

How to Apply for the Hilton Honors American Express Business Card

You can apply for the Hilton Honors American Express Business Card online by providing your business and personal information, and you could be approved instantly. Once you’re approved, you’ll receive your card in the mail within seven to 10 days

Apply Now

Capital One® Spark® Miles for Business: Best for Fixed-rate Rewards

The Capital One® Spark® Miles for Business card is best for businesses that prefer fixed-rate rewards on all spending, including travel. This card pays two miles per dollar spent on every purchase. Plus, you can earn a one-time bonus of 50,000 miles—equal to $500 in travel—once you spend $4,500 on purchases within the first three months from account opening. If you’d rather earn cash back instead of miles, Capital One also offers Capital One® Spark® Cash for Business.

Capital One® Spark® Miles for Business Costs

Financing costs and fees on Capital One® Spark® Miles for Business include:

• Foreign transaction fee: None
• Annual fee: $95, which is waived the first year
• Introductory APR: None
• Ongoing APR: 19.24% variable, which adjusts with the prime rate
• Balance transfer fee: None

For the first 12 months of owning this card, you’ll have no annual fee. After that, the card will cost $95 annually. One of the downsides of this card is the lack of an introductory 0% APR period and its relatively high ongoing APR. Compared to other business credit cards, its variable APR of 19.24% is roughly two percentage points higher than the average APR.

Capital One® Spark® Miles for Business Rewards

This Capital One business credit card offers a one-time bonus of 50,000 miles—equal to $500 in travel—once you spend $4,500 on purchases within the first three months from account opening. Plus, it pays unlimited 2x miles on all spending.

Introductory Rewards

You’ll earn a one-time bonus of 50,000 miles—equal to $500 in travel—once you spend $4,500 on purchases within the first three months from account opening. This introductory offer falls short when compared to other credit cards on our list. For example, the Chase Ink Business Preferred^SM credit card’s introductory offer is worth $1,000 in travel when redeemed through Chase’s online rewards portal.

Ongoing Rewards

You’ll earn unlimited 2x miles on all spending, including travel and your foreign transactions. This card is designed for business owners who don’t want to track category bonuses. If you want to earn bonus category rewards, consider Chase Ink Business Preferred^SM. That card pays 3x points on travel, shipping purchases, telecommunications services, and advertising purchases.

Capital One also offers the Capital One® Spark® Cash for Business, which is a great alternative if you want a similar card that offers cash back rewards. We also believe that card is one of the best cash back business credit cards.

Capital One® Spark® Miles for Business Additional Features

According to Capital One’s website, this card comes with the following Visa® Signature Business Benefits:

• Global Entry or TSA Pre✓® Credit: Receive up to $100 credit for Global Entry or TSA Pre✓® when you use your card.
• Auto rental collision damage waiver: Offers primary car rental coverage when renting for business purposes. This means it replaces any coverage your personal insurance may offer. Capital One will reimburse up to the actual cash value of the vehicle.
• Purchase protection: Protects purchases for up to 90 days against damage or theft. Coverage is limited to $10,000 per claim and $50,000 per account.
• Extended warranty protection: Extends U.S. manufacturer’s warranties of three years or less up to an additional one year.
• Lost luggage reimbursement: Covers your checked or carry-on baggage up to $3,000 if lost or stolen when you use your card to pay for a ticket.

Upon approval, you’ll either receive Visa® Signature Business Benefits or Visa® Business Benefits. Capital One won’t disclose the factors that determine which card benefits you’ll receive. We don’t believe this should be a big factor in your decision to apply. If you want more features and need luxury benefits, consider the American Express Business Platinum Card®.

What the Capital One® Spark® Miles for Business Is Missing

Capital One® Spark® Miles for Business doesn’t offer bonus reward categories like other cards our list. With a card like the Chase Ink Business Preferred^SM, you will earn 3x points per dollar spent on travel, shipping, advertising on search engines and social media sites, and on internet, cable, and phone services. That is one more point per dollar when compared to Capital One® Spark® Miles for Business.

Capital One® Spark® Miles for Business Reviews

We considered both user reviews and our own editorial review when rating this card. Capital One® Spark® Miles for Business reviews are very good. This card has excellent value, especially for those business owners who don’t want to track category spending for bonus rewards. However, this card has no introductory interest-free financing.

User Reviews

Online user reviews are generally positive. Most cardholders particularly love that they can earn a high return on all of their purchases. However, some cardholders complain about the lack of an introductory APR period.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Most reviewers have good things to say about the card’s simple rewards structure. Additionally, Capital One sets no rewards caps, which makes it more valuable than other cards. The card’s biggest disadvantage is that it lacks an introductory 0% APR period.

How to Apply for the Capital One® Spark® Miles for Business

You can apply for the Capital One® Spark® Miles for Business online by filling out a basic application with your business and personal information. Typically, you will receive a decision right away. If you don’t, you’ll receive more details in an email or letter within seven to 10 business days. Once approved, you’ll receive your card within seven to 10 business days.

Apply Now

Bank of America® Business Advantage Travel Rewards World Mastercard®: Best for No Annual Fees

The Bank of America® Business Advantage Travel Rewards World Mastercard® is best for firms that want to avoid annual fees. This card pays three points per dollar when you book a rental car, hotel, or airfare through the Bank of America Travel Center. You’ll also have no-interest financing for nine months on purchases. This card has the lowest ongoing APR on our list starting at 13.49%.

Bank of America® Business Advantage Travel Rewards World Mastercard® Costs

Financing costs and fees on the Bank of America® Business Advantage Travel Rewards World Mastercard® include:

• Foreign transaction fee: None
• Annual fee: None
• Introductory APR: 0% APR for nine billing cycles on purchases
• Ongoing APR: 13.49% to 23.49%, which adjusts with the prime rate
• Balance transfer fee: $10 or 4% of the amount of the transfer, whichever is greater

The Bank of America® Business Advantage Travel Rewards World Mastercard® is the only card on our list that offers an introductory 0% APR period on purchases. However, this card is not right for you if you are looking to transfer a balance. If you need to transfer a balance, we recommend opening a balance transfer business credit card. Those cards offer an introductory 0% APR period on balance transfers up to 12 months. However, none of those cards waive foreign transaction fees.

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

Bank of America® Business Advantage Travel Rewards World Mastercard® offers an introductory offer that is only worth $250, which is the smallest on our list. However, it pays top rewards on travel and also offers 1.5 points on everyday spending.

Introductory Rewards

You’ll earn 25,000 bonus points when you spend $1,000 in the first 60 days of account opening. This introductory offer can be redeemed for a $250 statement credit toward travel purchases. These introductory rewards are the lowest of any card on our list. For example, the Chase Ink Business Preferred^SM has an introductory offer worth $1,000 in travel.

Ongoing Rewards

You will earn the following ongoing rewards when using your card:

• 3 points per dollar spent on travel purchases―car, hotel, or airline―booked through the Bank of America® Travel Center.
• 1.5 points for every dollar spent on all purchases, regardless of how much you spend.

This is the only card on our list that offers bonus rewards for being an existing customer. When you enroll in Bank of America’s Business Advantage Relationship Rewards program, you’ll receive an additional 75% rewards bonus on all spending. This means you’ll earn up to 2.62 points on all purchases, which is one of the highest rates on our list for everyday spending.

Bank of America® Business Advantage Travel Rewards World Mastercard® Additional Features

The Bank of America® Business Advantage Travel Rewards World Mastercard® comes with the following additional features:

• Auto rental insurance: Covers you in case of accident or theft to the rental vehicle. This is primary coverage, which means you can avoid a claim on your personal insurance in case of accident.
• Travel accident insurance: Provides coverage if you die or are seriously injured while traveling on a ticket paid for with your card.
• Lost luggage reimbursement: You’ll be covered for your luggage and its contents if they are lost or stolen when you pay for a trip using your card.
• Trip cancellation coverage: You can receive reimbursement per person and per trip if your plans are canceled for a covered reason when you use your card.

Unlike other card issuers, Bank of America doesn’t disclose benefits details prior to application. You will learn more about the limitations, restrictions, and coverage levels when you receive your guide to benefits upon approval. When compared to other cards on our list, this card is lacking some additional benefits, such as airport lounge access.

What the Bank of America® Business Advantage Travel Rewards World Mastercard® Is Missing

The Bank of America® Business Advantage Travel Rewards World Mastercard® offers the smallest introductory reward on our list. If you want a large introductory offer, consider Chase Ink Business Preferred^SM. That card offers 80,000 bonus points when you spend $5,000 within the first three months after account opening, which is worth $1,000 in travel.

Bank of America® Business Advantage Travel Rewards World Mastercard® Reviews

We considered both user reviews and our own editorial review when rating this card. Bank of America® Business Advantage Travel Rewards World Mastercard® reviews are generally positive. This card offers strong travel rewards and no annual fee. However, this means it doesn’t have benefits like airport lounge access that some cards that charge an annual fee offer.

User Reviews

Online user reviews suggest that cardholders enjoy the rewards they can earn, especially when they enroll in the Business Advantage Relationship Rewards program. However, some cardholders complain about the introductory rewards offer when compared to other cards, such as the American Express Business Platinum Card®.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Editorial reviews find this card a good option for business owners who want to avoid an annual fee. Plus, it’s a great choice as your first business travel rewards card. However, its additional benefits don’t compete well with the top cards on our list.

How to Apply for the Bank of America® Business Advantage Travel Rewards World Mastercard®

You can apply for the Bank of America® Business Advantage Travel Rewards World Mastercard® online. You’ll be required to fill out a basic online application, and you can get an instant approval. Once approved, you’ll receive your card within seven to 10 days.

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CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®: Best for American Airlines Flyers

The CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® is best for companies that travel with American Airlines. This card offers free checked bags and priority boarding, which most other cards don’t. Plus, it pays 2x miles on American Airline purchases and has an introductory offer worth up to $700 in travel. Ongoing APR starts at 17.99%.

CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Costs

Financing costs and fees on the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® include:

• Foreign transaction fee: None
• Annual fee: $99, which is waived the first year
• Introductory APR: None
• Ongoing APR: 17.74% to 25.74%, which adjusts with the prime rate
• Balance transfer fee: Transfers are not allowed

The $99 annual fee is nearly identical to the $95 annual fee on the Capital One® Spark® Miles for Business and United^SM Explorer Business Card. Both of those cards also waive the annual fee over the first 12 months. However, this CitiBusiness credit card charges a significantly lower annual fee than our top pick, the American Express Business Platinum Card®, which charges $595.

CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Rewards

The CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® has an introductory offer that can be worth $700 or more in travel. Plus, you’ll earn two miles per dollar on every American Airlines-related purchase.

Introductory Rewards

You’ll earn 70,000 bonus miles after you spend $4,000 within the first four months after account opening. These introductory rewards can be worth $700 or more when used to book travel. This is slightly less than the American Express Business Platinum Card®. However, that card requires you to spend $20,000 to earn 75,000 bonus points.

Ongoing Rewards

You will earn the following ongoing rewards when using your card:

• 2 miles for every $1 spent on eligible American Airlines purchases.
• 2 miles on purchases at telecommunications merchants, cable and satellite providers, car rental merchants, and at gas stations.
• 1 mile for every $1 spent on other purchases.

There are other cards on our list that offer higher returns for flight purchases. For example, the American Express Business Platinum Card® pays 5x points per dollar and Chase Ink Business Preferred^SM pays 3x points per dollar. When you’re overseas, you can earn two miles on car rentals and gas stations.

CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Additional Features

The CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® comes with the following additional features:

• Free checked bag: Check one bag for free for you and four companions traveling with you to domestic itineraries if they are listed on the same reservation.
• Preferred boarding: You and up to four traveling companions will be able to board once priority boarding is complete but before the rest of economy boards.
• American Airlines companion certificate: Earn one $99 domestic economy fare—plus $21.60 to $43.40 in government taxes and fees—after you make at least $30,000 in eligible purchases each 12-month period prior to your card anniversary date.
• Savings on in-flight purchases: Receive a 25% discount on in-flight food, beverage, and Wi-Fi purchases you make with your card.
• Worldwide car rental insurance: When you rent a car using your card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or the rental company’s insurance. Coverage is limited to $50,000.
• Purchase protection: Citi may repair or reimburse for items purchased with your card that are damaged or stolen within 90 days of purchase. Coverage is limited to $10,000 per item and up to $50,000 per year per account.

Although this card offers several valuable additional card features, the free checked bag and companion certificate only pertain to domestic flights. However, these perks are still considered some of the best for when you’re traveling inside the country. Other cards that offer similar perks usually come with a higher annual fee.

What the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Is Missing

American Airlines flies to 49 foreign countries, but this card isn’t right for you if you don’t fly American Airlines frequently. If you don’t fly American Airlines, but want to earn top travel rewards, consider the American Express Business Platinum Card®. That card pays 5x points on purchases through American Express Travel.

CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Reviews

We considered both user reviews and our own editorial review when rating this card. CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® reviews are generally positive. Although this card offers decent rewards for frequent American Airlines flyers, there are better cards for travel rewards enthusiasts.

User Reviews

Online user reviews suggest that cardholders especially enjoy the large introductory offer and no annual fee for the first year. Plus, they find the non-travel spending rewards beneficial. However, some users complain that the flight rewards are too small compared to other cards.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Editorial reviews agree that this card is a must-have for American Airlines flyers because of its unique airline-specific benefits. It offers free checked bags, a companion certificate, and priority boarding. However, it is missing some luxury benefits like airport lounge access.

How to Apply for the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®

You can apply for the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® online or by phone. You’ll be required to provide your business and personal information, and you could be approved instantly. Once you’re approved, you’ll receive your card in the mail within seven to 10 days

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United^SM Explorer Business Card: Best for Frequent United Flyers

The United^SM Explorer Business Card is best for businesses that frequently fly with United Airlines. This card pays 2x miles on all United-related purchases. Plus, you can earn bonus rewards on restaurants, gas stations, and office supply spending. This card has an introductory reward of 75,000 bonus miles after spending $5,000 within three months. Its ongoing APR starts at 18.24%.

United^SM Explorer Business Card Costs

Financing costs and fees on the United^SM Explorer Business Card include:

• Foreign transaction fee: None
• Annual fee: $95, which is waived the first year
• Introductory APR: None
• Ongoing APR: 18.24% to 25.25%, which adjusts with the prime rate
• Balance transfer fee: $5 or 5% of the amount of the transfer, whichever is greater

Capital One® Spark® Miles for Business charges the same annual fee as this card. The United annual fee is $4 less than what the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® charges. Its ongoing APR may be up to four percentage points higher than what the Bank of America® Business Advantage Travel Rewards World Mastercard® charges.

United^SM Explorer Business Card Rewards

The United^SM Explorer Business Card has an introductory offer worth at least $750 in travel. Plus, you’ll earn ongoing rewards up to two miles per dollar for United Airlines, restaurant, gas station, and office supply purchases.

Introductory Rewards

You’ll earn 75,000 bonus miles after you spend $5,000 within the first three months after account opening. This card offers the same number of bonus miles as the American Express Business Platinum Card®. However, you must spend $20,000 on that card to earn the reward.

Ongoing Rewards

You will earn the following ongoing rewards when using your card:

• 2 miles per dollar spent on purchases from United, including tickets, Economy Plus, inflight food, beverages, Wi-Fi, and other United charges.
• 2 miles per dollar spent at restaurants, gas stations, and office supply stores.
• 1 mile per dollar spent on all other purchases.

Compared to the United^SM Explorer Business Card, other cards on our list offer better rewards for flight purchases. For example, the American Express Business Platinum Card® pays 5x points and Chase Ink Business Preferred^SM pays 3x points on flight purchases.

United^SM Explorer Business Card Additional Features

The United^SM Explorer Business Card includes the following benefits:

• Free checked bag: You and one companion traveling on the same reservation will each receive your first standard checked bag free.
• Priority boarding: You and companions on the same reservation will be able to board prior to general boarding.
• 2 United Club one-time passes: Enjoy complimentary beverages, snacks, and amenities like work spaces, free Wi-Fi, and more each anniversary year.
• Baggage delay insurance: Reimburses you for essential purchases like toiletries and clothing for baggage delays over six hours by passenger carrier up to $100 a day for three days.
• Lost luggage reimbursement: If you or an immediate family member check or carry-on luggage that is damaged or lost by the carrier, you’re covered up to $3,000 per passenger.
• Trip cancellation insurance: If your trip is canceled or cut short by sickness, severe weather, or other covered situations, you can be reimbursed up to $10,000 per trip for your prepaid, non-refundable travel expenses, including passenger fares, tours, and hotels.
• Trip delay reimbursement: If your common carrier travel is delayed more than 12 hours or requires an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket.

The free checked bag and priority boarding benefit is similar to what other airline-affiliate cards offer, including the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®. There are other cards on our list that also offer airport lounge access, such as the Hilton Honors American Express Business Card and American Express Business Platinum Card®.

What the United^SM Explorer Business Card Is Missing

The United^SM Explorer Business Card doesn’t offer luxury travel benefits, such as unlimited complimentary airport lounge access. If you think you’ll need perks like that, consider the American Express Business Platinum Card®. That card offers unlimited free lounge access to over 1,200 airport lounges. Additionally, United only flies to 72 foreign countries, which can minimize your rewards if you have this card and are traveling to a country where it doesn’t fly.

United^SM Explorer Business Card Reviews

We considered both user reviews and our own editorial review when rating this card. United^SM Explorer Business Card reviews are mostly positive. Its airline-specific features, like free checked bags, are valuable for United Airlines’ flyers. However, it offers low ongoing rewards compared to other cards.

User Reviews

Online user reviews suggest that they especially enjoy the rewards they earn by spending on United Airlines flights. However, some users say they wish they could earn a companion certificate like other airline-affiliated cards offer.

Editorial Reviews

We rate small business credit cards based on their costs, rewards, and benefits. Editorial reviews suggest that frequent United Airline flyers should consider this as their travel rewards card. It offers airline-specific rewards that other cards can’t match, including a free checked bag. However, there are other cards that offer better bonus category rewards.

How to Apply for the United^SM Explorer Business Card

You can apply for the United^SM Explorer Business Card online. Fill out a basic application containing both business and personal information, and you could be approved instantly. Once you’re approved, you’ll receive your card in the mail within seven to 10 days.

Note: The information related to the United^SM Explorer Business Credit Card has been collected by Fit Small Business and has not been reviewed or provided by the issuer of this card.

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Business Credit Cards With No Foreign Transaction Fee

Business credit cards with no foreign transaction fee usually offer both introductory and ongoing rewards. Some of the best no foreign transaction fee credit cards have introductory offers up to 80,000 points, which can be worth $1,000 in travel. Plus, you can also earn ongoing rewards up to 12x points, depending on the card you choose.

Business Credit Cards With No Foreign Transaction Fee at a Glance

Bottom Line

Business credit cards with no foreign transaction fees are best for people who travel outside the United States for business purposes. The best cards pay rewards on your foreign transactions and have additional features, such as insurance and airport perks.

We recommend the American Express Business Platinum Card® as the overall best business credit card with no foreign transaction fee. It offers top rewards for travel purchases made through American Express Travel. Plus, its luxury travel benefits can’t be beat, such as airport lounge access, airport security screening, and free in-flight Wi-Fi. You can apply online in a matter of minutes.

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