Editor’s note: This is a recurring post with regularly updated card details.
The best business credit cards with no foreign transaction fee offer premium travel rewards and perks like free checked baggage, online reporting, and purchase insurance. To choose the right business credit card with no foreign transaction fee, you need to consider the type of rewards you prefer to earn, the card’s additional features, and whether or not you’re willing to pay annual fees. Our top recommendations include travel business credit cards, co-branded business credit cards, and a corporate charge card.
Here are the nine best business credit cards with no foreign transaction fees:
- Bank of America® Business Advantage Travel Rewards World Mastercard®: Overall best no foreign transaction fee business credit card with simple rewards program
- U.S. Bank Business AltitudeTM Connect World Elite Mastercard®: Best for fuel expenses with generous welcome bonus and extended payment option
- American Express Business Platinum Card®: Best for international luxury travel and airport lounge access with high credit limit
- Marriott Bonvoy BusinessTM American Express® Card: Best for stays at Marriott properties outside the United States and 4x points rewards at restaurants worldwide
- Hilton Honors American Express® Business Card: Best for earning up to 12x points at Hilton hotels and 3x points on international purchases
- U.S. Bank Business Leverage® Visa Signature® Card: Best for earning premium rewards on the top two categories where you spend the most
- Capital One® Spark® Miles for Business: Best for earning 2x miles rewards on everyday purchases
- Capital One® Spark® Classic for Business: Best for credit building and earning fixed-rate cash back
- Ramp Card: Best corporate charge card with fixed-rate rewards and robust expense management system
Business Credit Cards With No Foreign Transaction Fee At a Glance
To see how these cards stack up against others we have reviewed on our site, click Add to Compare on a card below and select up to two additional cards for comparison.
Bank of America Business Advantage Travel Rewards World Mastercard®: Overall Best No Foreign Transaction Fee Business Credit Card
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
BEST FOR:
Earning top rewards on travel purchases booked through Bank of America Travel Center
Intro APR
0%
9 billing cycles
9 billing cycles
Regular APR
18.49% - 28.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Earn 30,000 online bonus points after you make at least $3,000 in 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.
- No limit to the amount of points you can earn and points don't expire.
- You can 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.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- 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.
Pros
- No annual fee: By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel: You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel: You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points: If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel: While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period: This is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers: The introductory APR only applies to purchases
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
Intro APR
0%
9 billing cycles
9 billing cycles
Regular APR
18.49% - 28.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Earn 30,000 online bonus points after you make at least $3,000 in 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.
- No limit to the amount of points you can earn and points don't expire.
- You can 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.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- 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.
Pros
- No annual fee: By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel: You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel: You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points: If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel: While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period: This is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers: The introductory APR only applies to purchases
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
Why we like it: We chose this as our overall best business credit card with no foreign transaction fee because of its easy rewards program. You’ll earn 3x points per dollar when you book your travel through the Bank of America® Travel Center and 1.5x points per dollar spent on any business purchase. Plus, it has no annual fee and offers 0% APR on purchases for the first nine billing cycles.
Notable Features
- Preferred Rewards for Business: Earn up to 75% more rewards if you have a business checking account with Bank of America and can qualify for the Preferred Rewards for Business.
- Travel and emergency services: Take advantage of travel services, such as travel accident insurance of up to $1 million, lost luggage reimbursement, trip cancelation coverage, and trip delay reimbursement.
- Overdraft protection: Link your credit card to your business checking account through Balance Connect™ and prevent declined purchases, returned checks, or other overdrafts. Read our Bank of America business checking review for more information on overdraft protection.
Consider Bank of America Business Advantage Travel Rewards World Mastercard if:
- You have an existing business deposit account with Bank of America
- You need to make a large purchase and want to pay it off within nine months
Are you a business consultant who travels frequently? The Bank of America Business Advantage Travel Rewards World Mastercard is a good fit as it is our top-recommended business credit card for consultants.
U.S. Bank Business AltitudeTM Connect World Elite Mastercard®: Best for Fuel Expenses With Generous Welcome Bonus & Extended Payment Option
U.S. Bank Business Altitude™ Connect World Elite Mastercard®
Intro APR
Regular APR
20.24%-28.24% (Variable)
Annual Fee
$0 Intro annual fee for the first year, $95 per year thereafter
Credit Needed
Good to Excellent
- Introducing the U.S. Bank Business Altitude Connect™ World Elite Mastercard®, the business travel card that's 5X more rewarding.
- Limited Time Offer: Earn 60,000 bonus points, worth $600 if you spend $6,000 on the Account Owner's card in the first 180 days from account opening.
- Earn 5X points on prepaid hotels and car rentals booked directly in the Rewards Center.
- Earn 4X points on travel, gas and EV charging stations on the first $150,000 in combined annual spend.
- Earn 2X points on dining, takeout, restaurant delivery and cell service providers.
- Earn 1X points on all other eligible spend.
- Rewards never expire.
- Earn a $25 statement credit on every three consecutive monthly taxi or rideshare trips.
- No foreign transaction fees.
- $0 intro annual fee for the first year, $95 per year thereafter.
- Points transfer between business and consumer U.S. Bank Altitude products (excluding Reserve).
- Airport lounge access - Priority Pass™ Digital annual membership with access to more than 1,300 VIP lounges worldwide, plus four complimentary visits per membership year.
- Divide large purchases into fixed monthly payments with U.S. Bank ExtendPay® Plan.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- High sign-up bonus
- Priority Pass Digital annual membership with access to more than 1,300 VIP lounges worldwide and four complimentary visits per membership year
- ExtendPay® Plan feature lets you divide your large purchase into fixed monthly installments without interest—only a small monthly fee
Cons
- No 0% APR offers
- Premium rewards on travel and fuel have a maximum cap
- Charges annual fee
- Free employee cards
- ExtendPay® Plan
- Transfer points between your business and personal Altitude cards
- No foreign transaction fee
Intro APR
Regular APR
20.24%-28.24% (Variable)
Annual Fee
$0 Intro annual fee for the first year, $95 per year thereafter
Credit Needed
Good to Excellent
- Introducing the U.S. Bank Business Altitude Connect™ World Elite Mastercard®, the business travel card that's 5X more rewarding.
- Limited Time Offer: Earn 60,000 bonus points, worth $600 if you spend $6,000 on the Account Owner's card in the first 180 days from account opening.
- Earn 5X points on prepaid hotels and car rentals booked directly in the Rewards Center.
- Earn 4X points on travel, gas and EV charging stations on the first $150,000 in combined annual spend.
- Earn 2X points on dining, takeout, restaurant delivery and cell service providers.
- Earn 1X points on all other eligible spend.
- Rewards never expire.
- Earn a $25 statement credit on every three consecutive monthly taxi or rideshare trips.
- No foreign transaction fees.
- $0 intro annual fee for the first year, $95 per year thereafter.
- Points transfer between business and consumer U.S. Bank Altitude products (excluding Reserve).
- Airport lounge access - Priority Pass™ Digital annual membership with access to more than 1,300 VIP lounges worldwide, plus four complimentary visits per membership year.
- Divide large purchases into fixed monthly payments with U.S. Bank ExtendPay® Plan.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- High sign-up bonus
- Priority Pass Digital annual membership with access to more than 1,300 VIP lounges worldwide and four complimentary visits per membership year
- ExtendPay® Plan feature lets you divide your large purchase into fixed monthly installments without interest—only a small monthly fee
Cons
- No 0% APR offers
- Premium rewards on travel and fuel have a maximum cap
- Charges annual fee
- Free employee cards
- ExtendPay® Plan
- Transfer points between your business and personal Altitude cards
- No foreign transaction fee
Why we like it: Besides premium rewards on travel, this card offers lucrative reward points on gas and electric vehicle (EV) charging expenses. Another great thing about the card is its generous sign-up bonus of 60,000 points (worth $600) when you spend at least $6,000 in the first 180 days of card ownership. Plus, it features the ExtendPay® Plan, allowing you to pay your balance in equal monthly installments without interest (only a small monthly fee).
Notable Features
- Up to 5x reward points: Earn 5x points on hotel stays and car rentals, 4x points on airfare, hotels, gas, and EV charging stations (on up to $150,000 purchases per year), 2x points on dining, takeout, restaurant delivery, and cell phone services, and 1x points on all other purchases.
- Travel benefits: Take advantage of benefits like travel assistance services and lost luggage insurance. Also, receive a $25 statement credit after every three consecutive month with taxi service or rideshare.
- Priority PassTM Digital annual membership: Access over 1,300 airport lounges worldwide, with four complimentary visits per membership year.
Consider U.S. Bank Business Altitude Connect World Elite Mastercard if:
- You are on the road frequently and have significant spending on gas
- You need to carry a balance from time to time
Its high rewards rate on gas and EV charging stations is one of the reasons why it is named one of our leading fuel credit cards for small businesses.
American Express Business Platinum Card®: Best for International Luxury Travel & Airport Lounge Access With High Credit Limit
The Business Platinum Card® from American Express
BEST FOR:
Gaining access to unrivaled travel rewards and luxury travel perks like airport lounge access
Intro APR
N/A
Regular APR
19.49% - 27.49% Variable
Annual Fee
$695
Credit Needed
Good, Excellent
- 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.
- 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 each eligible purchase 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 incidental fees charged by your one selected, qualifying airline to your Card.
- $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use your Business Platinum Card®.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Free access to more than 1,300 airport lounges worldwide
- No foreign transaction fees
Cons
- Balance is due in full monthly
- High annual fee
- American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than a dozen United States airports.
- Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,300 lounges worldwide for you and two guests.
- Airport screening: Either a $100 statement credit for Global Entry every four years or an $85 statement credit for TSA PreCheck® once every 4 1/2 years.
- Travel credit: Up to $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
- Rental status: Elite status at a number of car rental agencies.
- Free Wi-Fi: 10 annual free Gogo inflight Wi-Fi passes.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 500,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
Intro APR
N/A
Regular APR
19.49% - 27.49% Variable
Annual Fee
$695
Credit Needed
Good, Excellent
- 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.
- 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 each eligible purchase 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 incidental fees charged by your one selected, qualifying airline to your Card.
- $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use your Business Platinum Card®.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Free access to more than 1,300 airport lounges worldwide
- No foreign transaction fees
Cons
- Balance is due in full monthly
- High annual fee
- American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than a dozen United States airports.
- Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,300 lounges worldwide for you and two guests.
- Airport screening: Either a $100 statement credit for Global Entry every four years or an $85 statement credit for TSA PreCheck® once every 4 1/2 years.
- Travel credit: Up to $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
- Rental status: Elite status at a number of car rental agencies.
- Free Wi-Fi: 10 annual free Gogo inflight Wi-Fi passes.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 500,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
Why we like it: This is one of the top business credit cards for luxury international travel. You can access more than 1,400 airport lounges globally and enjoy other travel benefits like up to $100 credit for Global Entry or TSA PreCheck fees and $189 credit for CLEAR®. These perks justify the card’s high annual fee of $695. On top of that, you could possibly get a high credit limit compared to what most other business credit cards offer.
Notable Features
- Generous rewards: Receive 120,000 points as a welcome offer when you meet the spending requirements—plus, up to 5x reward points on purchases, depending on spending categories.
- $200 airline fee credit: Receive up to $200 in credits per year for incidental fees, such as checked bags and in-flight refreshments.
- 35% points back: Get 35% points back, up to one million points per year, when you use your rewards to book an eligible flight with Amex Travel.
Consider the American Express Business Platinum Card® if:
- You don’t mind paying a high annual fee in exchange for luxury travel perks and experience
- You need a high credit limit and protection coverages when you travel (such as trip delay, cancelation, and interruption insurance)
Due to its lucrative perks and rewards, it is chosen as our best business credit card with airport lounge access and our top high-limit business credit card.
Marriott Bonvoy BusinessTM American Express® Card: Best for Stays at Marriott Properties Outside the US & 4x Points Rewards at Restaurants Worldwide
Marriott Bonvoy Business® American Express® Card
BEST FOR:
Owners who choose to stay at Marriott Bonvoy hotels
Intro APR
N/A
Regular APR
20.99% - 29.99% Variable
Annual Fee
$125
Credit Needed
Good, Excellent
- Welcome Offer: Earn three Free Night Awards after you use your new Card to make $6,000 in eligible purchases within the first 6 months of Card Membership. Redemption level up to 50,000 Marriott Bonvoy® points for each bonus Free Night Award, at hotels participating in Marriott Bonvoy®. Certain hotels have resort fees.
- 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 through Marriott. Terms and Conditions Apply.
- 6x Marriott Bonvoy points on each dollar of eligible purchases 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 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 hotels participating in Marriott Bonvoy®. Certain hotels have resort fees.
- Enjoy Complimentary Marriott Bonvoy Gold Elite Status with your Marriott Bonvoy Business® American Express® Card.
- Terms apply.
Pros
- Complimentary Marriott Bonvoy Gold Elite status
- No foreign transaction fees
- Premium rewards points
Cons
- Charges an annual fee
- No introductory 0% APR
- Balance transfers aren't allowed
- 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 United States manufacturers’ warranties of five years or less
- Gold Elite status: Enjoy complimentary Marriott Bonvoy Gold Elite status with your Card
Intro APR
N/A
Regular APR
20.99% - 29.99% Variable
Annual Fee
$125
Credit Needed
Good, Excellent
- Welcome Offer: Earn three Free Night Awards after you use your new Card to make $6,000 in eligible purchases within the first 6 months of Card Membership. Redemption level up to 50,000 Marriott Bonvoy® points for each bonus Free Night Award, at hotels participating in Marriott Bonvoy®. Certain hotels have resort fees.
- 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 through Marriott. Terms and Conditions Apply.
- 6x Marriott Bonvoy points on each dollar of eligible purchases 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 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 hotels participating in Marriott Bonvoy®. Certain hotels have resort fees.
- Enjoy Complimentary Marriott Bonvoy Gold Elite Status with your Marriott Bonvoy Business® American Express® Card.
- Terms apply.
Pros
- Complimentary Marriott Bonvoy Gold Elite status
- No foreign transaction fees
- Premium rewards points
Cons
- Charges an annual fee
- No introductory 0% APR
- Balance transfers aren't allowed
- 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 United States manufacturers’ warranties of five years or less
- Gold Elite status: Enjoy complimentary Marriott Bonvoy Gold Elite status with your Card
Why we like it: The card lets you earn points when you stay at Marriott hotels when doing business abroad, which you can redeem for free stays at any participating Marriott hotel worldwide. It offers 6x points on purchases at any Marriott Bonvoy hotels, 4x points at restaurants worldwide, US gas stations, shipping, and wireless phone services, and 2x points on all other eligible purchases.
Notable Features
- Generous welcome offer: Earn three free night awards (equivalent of up to 150,000 Marriott Bonvoy points) after spending $6,000 in the first six months of card membership Redemption level up to 50,000 Marriott Bonvoy® points each, at hotels participating in Marriott Bonvoy®. Certain hotels have resort fees. .
- Low annual fee: For an annual fee of $125, you can enjoy tons of travel perks, including:
- Free night stay: Receive one free night stay each year after your account anniversary.
- Another free night stay: Enjoy another free night after spending $60,000 in purchases in one calendar year.
- Complimentary Marriott Bonvoy Gold Elite status: Take advantage of special benefits like priority late checkout when available and 25% bonus points on stays.
- 7% Marriott Bonvoy® room rate discount: Book your stay at participating Marriott Bonvoy locations and receive a 7% discount off standard rates for standard guest rooms.
- Marriott Bonvoy Air+Car Transfer program: Redeem your rewards points for flights and car rentals across hundreds of travel partners worldwide.
- Purchase protection: Charge an eligible purchase on your card and get your item covered with purchase protection for up to 90 days from the purchase date when stolen or damaged.
Consider the Marriott Bonvoy BusinessTM American Express® Card if:
- You prefer to stay in Marriott hotels when you travel abroad and you want a free night stay without a minimum spend requirement
- Your company can spend $60,000 or more per year so you can get a second free night stay
The card is also one of our top business credit cards for travel, ideal for those who prefer to stay in upscale hotels when traveling.
Hilton Honors American Express® Business Card: Best for Earning Up to 12x Points at Hilton Hotels & 3x Points on International Purchases
The Hilton Honors American Express Business Card
BEST FOR:
Maximizing rewards on Hilton-related purchases
Intro APR
N/A
Regular APR
20.99% - 29.99% Variable
Annual Fee
$95
Credit Needed
Good, Excellent
- Welcome Offer: Earn 130,000 Hilton Honors Bonus Points after you spend $3,000 in purchases on the Hilton Honors Business Card within the first three months of Card Membership.
- Earn Hilton Honors Bonus Points for each dollar of eligible purchases on your Card: 12X directly with hotels and resorts in the Hilton portfolio, 6X at U.S. gas stations, on U.S. purchases for shipping, on wireless telephone services purchased directly from U.S. service providers, on flights booked directly with airlines or with Amex Travel, on car rentals booked directly from select car rental companies, and at U.S. restaurants, 3X on all other eligible purchases.
- Enjoy complimentary Hilton Honors™ Gold Status with your Hilton Honors Business Card.
- Earn a Free Night Reward from Hilton Honors after you spend $15,000 in purchases on your Card in a calendar year.
- Earn another Free Night Reward from Hilton Honors after you spend an additional $45,000 in purchases on your Card in the same calendar year.
- Terms apply.
Pros
- Charges a low annual fee
- Doesn’t have foreign transaction fees
- Offers a sign-up bonus
Cons
- Has poor redemption options outside of hotel stays
- Lacks an interest-free financing option
- Complimentary Priority Pass visits: Get 10 complimentary visits to more than 1,200 airport lounges every year with Priority Pass™ Select Membership.
- Upgrade to Diamond status: Earn an upgrade to Hilton Honors Diamond Status through the end of the next calendar year after spending $40,000 on eligible purchases.
- Baggage insurance plan: Coverage is provided for cardholders for up to $1,250 for carry-on baggage and up to $500 for checked baggage, in excess of coverage provided by the covered carrier. For New York state residents, a $10,000 aggregate maximum limit is provided for all covered persons per covered trip.
- Extended warranty: Terms of the original manufacturer’s warranty can be extended up to one additional year. Applies to warranties of five years or less on covered purchases.
Intro APR
N/A
Regular APR
20.99% - 29.99% Variable
Annual Fee
$95
Credit Needed
Good, Excellent
- Welcome Offer: Earn 130,000 Hilton Honors Bonus Points after you spend $3,000 in purchases on the Hilton Honors Business Card within the first three months of Card Membership.
- Earn Hilton Honors Bonus Points for each dollar of eligible purchases on your Card: 12X directly with hotels and resorts in the Hilton portfolio, 6X at U.S. gas stations, on U.S. purchases for shipping, on wireless telephone services purchased directly from U.S. service providers, on flights booked directly with airlines or with Amex Travel, on car rentals booked directly from select car rental companies, and at U.S. restaurants, 3X on all other eligible purchases.
- Enjoy complimentary Hilton Honors™ Gold Status with your Hilton Honors Business Card.
- Earn a Free Night Reward from Hilton Honors after you spend $15,000 in purchases on your Card in a calendar year.
- Earn another Free Night Reward from Hilton Honors after you spend an additional $45,000 in purchases on your Card in the same calendar year.
- Terms apply.
Pros
- Charges a low annual fee
- Doesn’t have foreign transaction fees
- Offers a sign-up bonus
Cons
- Has poor redemption options outside of hotel stays
- Lacks an interest-free financing option
- Complimentary Priority Pass visits: Get 10 complimentary visits to more than 1,200 airport lounges every year with Priority Pass™ Select Membership.
- Upgrade to Diamond status: Earn an upgrade to Hilton Honors Diamond Status through the end of the next calendar year after spending $40,000 on eligible purchases.
- Baggage insurance plan: Coverage is provided for cardholders for up to $1,250 for carry-on baggage and up to $500 for checked baggage, in excess of coverage provided by the covered carrier. For New York state residents, a $10,000 aggregate maximum limit is provided for all covered persons per covered trip.
- Extended warranty: Terms of the original manufacturer’s warranty can be extended up to one additional year. Applies to warranties of five years or less on covered purchases.
Why we like it: This offers the best deal for business travelers who prefer to stay at Hilton locations. You can earn 12x points for purchases made directly with Hilton hotels and resorts, 6x points at US restaurants, gas stations, wireless phone services, shipping, flights booked directly with airlines or with Amex Travel, and select car rentals, and 3x points on all other purchases. Plus, it has a low annual fee of $95.
Notable Features
- Priority Pass™ Select: Enroll in Priority Pass™ Select Membership and receive 10 complimentary visits to a selection of over 1,200 airport lounges each year.
- High welcome offer: Earn 130,000 Hilton Honors bonus points after spending $3,000 in the first three months of card ownership.
- Free Weekend Nights’ Stays: Receive a free weekend night after spending $15,000 in a calendar year and a second night if you spend $60,000 in one calendar year.
- Upgrade to Diamond status: Spend $40,000 in a calendar year to get Hilton Honors Diamond status through the end of the next calendar year.
Consider the Hilton Honors American Express Business Card if:
- You prefer to stay at Hilton hotels when you travel abroad
- You can spend at least $15,000 per year so you can get a free night stay
Due to its 10 complimentary visits to Priority PassTM Select, this card made our roundup of the best business credit cards with airport lounge access.
U.S. Bank Business Leverage® Visa Signature® Card: Best for Earning Premium Rewards on the Top Two Categories Where You Spend the Most
U.S. Bank Business Leverage® Visa Signature® Card
BEST FOR:
Expenses that shift from month to month
Intro APR
Regular APR
21.24% - 26.24% (Variable)
Annual Fee
$95
Credit Needed
Excellent/Good
- Earn $750 in rewards when you spend $7,500 in eligible purchases on the account owners' card within the first 120 days of opening your account.
- Earn 2% back in the top two categories where you spend the most each month automatically.
- 1% cash per dollar spent on all other eligible purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No annual fee for the first year and $95 thereafter.
- No reward caps or limits on the total rewards your business can earn. Redeem for your choice of cash back, gift cards, merchandise and travel.
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Personalized ongoing rewards
- Large sign-up bonus
- Unlimited points
Cons
- Requires excellent credit
- No introductory 0% APR
- Rewards have expiration
- Extended warranty protection: The issuer will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. The coverage is limited to $10,000 per item.
- Purchase protection: Protection for items that are damaged or stolen within 90 days of purchase. Coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Intro APR
Regular APR
21.24% - 26.24% (Variable)
Annual Fee
$95
Credit Needed
Excellent/Good
- Earn $750 in rewards when you spend $7,500 in eligible purchases on the account owners' card within the first 120 days of opening your account.
- Earn 2% back in the top two categories where you spend the most each month automatically.
- 1% cash per dollar spent on all other eligible purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No annual fee for the first year and $95 thereafter.
- No reward caps or limits on the total rewards your business can earn. Redeem for your choice of cash back, gift cards, merchandise and travel.
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Personalized ongoing rewards
- Large sign-up bonus
- Unlimited points
Cons
- Requires excellent credit
- No introductory 0% APR
- Rewards have expiration
- Extended warranty protection: The issuer will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. The coverage is limited to $10,000 per item.
- Purchase protection: Protection for items that are damaged or stolen within 90 days of purchase. Coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Why we like it: Keeping track of expense categories can be time-consuming—and if your company spends on various expenses each month, earning premium rewards on your top spending categories automatically is a great idea. This is where the card stands out. It gives you 2% cash back in the top two categories where you spend the most each month automatically. Plus, you’ll earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center and 1% cash back on everything else.
Notable Features
- Low annual fee: Its annual fee is only $95, which is waived for the first year.
- ExtendPay® Plan: This feature allows you to divide your eligible balance into equal monthly installments without interest—just pay a fixed monthly fee.
- Sign-up bonus: When you spend $7,500 in the first 120 days after opening an account, you’ll receive $750 in bonus rewards.
Consider the U.S. Bank Business Leverage® Visa Signature® Card if:
- Your company has significant expenses in varied categories per month
- You need to carry a balance from time to time
Its unique rewards structure is the reason why it is selected as one of the leading cash back business credit cards.
Capital One® Spark® Miles for Business: Best for Earning 2x Miles Rewards on Everyday Purchases
Capital One® Spark® Miles for Business
BEST FOR:
Unlimited 2x miles with every swipe
Intro APR
N/A
Regular APR
26.24% variable
Annual Fee
$0 intro for first year; $95 after that
Credit Needed
Excellent
- Earn a one-time bonus of 50,000 miles once you spend $4,500 on purchases within the first 3 months of account opening.
- Unlimited 2x miles on every purchase, with no blackouts or seat restrictions and no minimum miles to redeem
- 5x miles on hotels and rental cars booked through Capital One Travel
- Issue employee cards for free
Pros
- With sign-up bonus
- Offers fixed-rate miles rewards on all purchases
- Does not charge balance transfer and foreign transaction fees
Cons
- Does not have a 0% introductory period on purchases and balance transfers
- Charges an annual fee after the first year
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA PreCheck® once every four years.
- Payment flexibility: Capital One lets you choose your monthly due date, enabling your business to control when to pay.
- Capital One Lounge: Cardholders get two free visits per year to the Capital One Lounge, which offers luxurious amenities and fresh, local food and beverage options.
Intro APR
N/A
Regular APR
26.24% variable
Annual Fee
$0 intro for first year; $95 after that
Credit Needed
Excellent
- Earn a one-time bonus of 50,000 miles once you spend $4,500 on purchases within the first 3 months of account opening.
- Unlimited 2x miles on every purchase, with no blackouts or seat restrictions and no minimum miles to redeem
- 5x miles on hotels and rental cars booked through Capital One Travel
- Issue employee cards for free
Pros
- With sign-up bonus
- Offers fixed-rate miles rewards on all purchases
- Does not charge balance transfer and foreign transaction fees
Cons
- Does not have a 0% introductory period on purchases and balance transfers
- Charges an annual fee after the first year
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA PreCheck® once every four years.
- Payment flexibility: Capital One lets you choose your monthly due date, enabling your business to control when to pay.
- Capital One Lounge: Cardholders get two free visits per year to the Capital One Lounge, which offers luxurious amenities and fresh, local food and beverage options.
Why we like it: The card comes with a low annual fee and offers unlimited travel rewards that can be redeemed for flights, hotel stays, and vacation packages. You can earn an unlimited 2x miles on every business purchase and 5x miles when you book with Capital One Travel for hotel and rental cars with no blackout dates, seat restrictions, or minimum miles to redeem. Capital One also allows you to transfer miles to any of its 15-plus travel partners.
Notable Features
- One-time bonus: Receive 50,000 miles after spending $4,500 in three months after opening an account.
- Travel credit: Get a $100 travel credit for Global Entry or TSA PreCheck®.
- Capital One Lounge: Get two free visits per year to Capital One Lounge and access luxurious amenities, local food, and beverage options.
Consider the Capital One® Spark® Miles for Business if:
- You don’t want to keep track of spending categories
- You usually fly with or stay at any of the 15-plus Capital One travel partners, including Air Canada, Aeromexico, Emirates Skywards, Qantas, Choice Hotels®, and Turkish Airlines.
Its easy yet generous rewards program is why this card is our top-recommended business credit card for miles.
Capital One® Spark® Classic for Business: Best for Credit Building & Earning Fixed-rate Cash Back
Capital One® Spark® Classic for Business
BEST FOR:
Those with fair credit
Intro APR
N/A
Regular APR
30.74% variable
Annual Fee
$0
Credit Needed
Fair
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No sign-up bonus
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
Intro APR
N/A
Regular APR
30.74% variable
Annual Fee
$0
Credit Needed
Fair
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No sign-up bonus
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
Why we like it: It is a straightforward business credit card that offers fixed 1% cash back on all purchases regardless of spending categories. It has no annual fee, and you can also earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel. It only requires at least a Fair credit score, and you can build credit when you use it responsibly and make consistent on-time payments.
Notable Features
- Extended warranty: Receive free additional warranty and protection on eligible items that you purchase with your card.
- Roadside assistance: Take advantage of services that can help you during auto-related emergencies—such as jump-starting, tire changing, and towing.
- Downloadable purchase records: You can securely download your purchase records into different formats, including Quicken, QuickBooks, and Excel.
Consider the Capital One® Spark® Classic for Business if:
- You have a fair or limited credit score
- You don’t need a lot of travel perks like airport lounge access
It is our best business credit card for fair credit and one of our top instant approval business credit cards because of its lenient credit requirements and unlimited cash back offer.
Ramp Card: Best Corporate Charge Card With Fixed-Rate Rewards & Robust Expense Management System
Ramp Credit Card
BEST FOR:
Those who are using Ramp as their main financial management tool
Intro APR
None
Regular APR
None
Annual Fee
$0
Credit Needed
Poor to Excellent
- Unlimited 1.5% cash back on all purchases, regardless of spending categories
Pros
- Offers rewards for new and existing cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Ramp is not available to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the US or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
Intro APR
None
Regular APR
None
Annual Fee
$0
Credit Needed
Poor to Excellent
- Unlimited 1.5% cash back on all purchases, regardless of spending categories
Pros
- Offers rewards for new and existing cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Ramp is not available to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the US or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
Why we like it: This is a corporate charge card that offers 1.5% cash back on all purchases, regardless of spending category. It comes with a robust expense management system that allows multi-level approvals and provides unlimited AI invoice transcripts. Since it does not charge user, annual, late payments, and additional card/card replacement fees, it is essentially free to use. Note that it is a charge card, so your balance must be paid in full each month.
Notable Features
- Exclusive partner discounts: Aside from earning 1.5% cash back on your purchases, you’ll also benefit from partner discounts that range from 10% to 50%. Partners include Gusto, QuickBooks, Accelerate Tax, UPS, Amazon Web Services (AWS), and Rippling, among others.
- Automated accounting: Automate almost all of your accounting tasks with direct integrations to QuickBooks, NetSuite, Xero, and Sage Insight.
- Comprehensive expense insights and reporting: Monitor all of your expenses in one dashboard, and benefit from automated savings insights and real-time visibility into data.
Consider Ramp Card if:
- Your company is incorporated (note that this card is not available to sole proprietors and unincorporated businesses)
- You can pay your balance in full every month
- Your company has at least $75,000 in a bank account that will be connected to Ramp
Its strong expense management platform and straightforward rewards program are why it made it to our list of top-ranking corporate cards.
How We Selected Business Credit Cards With No Foreign Transaction Fee
Most business travel credit cards have no foreign transaction fee—however, we only selected cards with strong travel or cash back rewards, flexible use, and no reward caps. While we prioritized cards that charge low annual fees, we included one card with a high annual fee because the travel perks it offers justify the cost.
Frequently Asked Questions (FAQs)
A foreign transaction fee is a charge imposed by your credit card company or bank when you make a purchase in a foreign currency or use your card abroad. Banks charge these fees to cover the costs of currency conversion and the increased risk associated with international transactions.
Foreign transaction fees vary per card issuer, but they’re often around 1% to 3% of the transaction amount and are usually paid in U.S. dollars. Check your card’s terms or contact your credit card provider for specific details.
When selecting the best business credit card with no foreign transaction fees, focus on key factors such as the competitive rewards programs tailored to your business needs, a reasonable annual fee, and additional perks, like travel insurance, airport lounge access, and expense management tools. Ensure the card aligns with your business spending habits and provides adequate support for international transactions.
Bottom Line
The best business credit cards with no foreign transaction fees are those designed for travel and offer some of the best rewards. Before choosing a no foreign transaction fee business credit card, make sure to compare the rates, fees, and other travel perks. You may also consider other small business credit cards to find the most suitable one for your company.
