Business credit cards with no foreign transaction fee are designed for people who travel for business outside the United States. The best no foreign transaction fee business credit cards pay up to 12x points in rewards and offer premium benefits like free access to airport lounges. These cards also allow you to earn rewards on foreign transactions.
The best business credit cards with no foreign transaction fee of 2020 are:
- American Express Business Platinum Card®: (Overall best) Best for premium travel benefits, including access to over 1,200 airport lounges around the world
- Chase Ink Business Preferred®: Best for maximizing travel rewards with lower annual fees
- Capital One® Spark® Miles for Business: Best for 2x miles on every purchase, including foreign transactions
- Marriott Bonvoy Business™ American Express® Card: Best for staying at over 2,000 Marriott properties outside the U.S.
- Hilton Honors American Express Card: Best for staying at thousands of Hilton hotels outside the U.S.
- Bank of America® Business Advantage Travel Rewards World Mastercard®: Best for earning travel rewards while paying no annual fee
- CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®: Best for flying American Airlines
- Capital One® Spark® Classic for Business: Best for personal credit scores between 580 and 669
For more details on how we evaluate business credit cards for this list, see our methodology.
American Express Business Platinum Card®: Overall Best Business Credit Card With No Foreign Transaction Fee
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 | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | N/A | $595 | Good, Excellent |
The American Express Business Platinum Card® is the overall best business credit card with no foreign transaction fee because it makes business travel more enjoyable through features like airport lounge access. Choose this card if you want to earn top rewards, relax before your flight departs, and want no preset spending limit. This is a charge card, so it’s best to only use this if you can afford to pay off your debt every month.
American Express Business Platinum Card® Costs
Introductory APR | None |
Ongoing APR | None |
Annual Fee | $595 |
Balance Transfer Fee | Transfers are not allowed |
American Express Business Platinum Card® Rewards
With this small business credit card, you can earn up to 75,000 Membership Rewards® points after you spend $15,000 on qualifying purchases within your first 3 months of Card Membership.
Introductory Rewards
- 75,000 points after you spend $15,000 on qualifying purchases in the first three months.
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.
Ongoing Rewards
- 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.
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
- Airport lounge access: Unlimited complimentary access to 1,200 airport lounges around the world through the American Express Global Lounge CollectionSM.
- 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.
- 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. manufacturers’ warranties of five years or less.
American Express business card reviews show the 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 American Express Business Platinum Card® Is Missing
American Express acceptance is not as broad 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, Capital One® Spark® Miles for Business is a good alternative. Plus, you can’t carry a balance with this card because it’s a charge card.
Chase Ink Business Preferred®: Best for Maximizing Travel Rewards at a Lower Annual Fee
Ink Business Preferred® Credit Card
Best For: Maximizing travel rewards at a lower annual fee
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 17.49% - 22.49% Variable | $95 |
Most business travel credit cards that offer top-of-the-line rewards typically charge annual fees that are through the roof. Luckily with this card, you can maximize your earnings while paying a lower annual fee. Choose this no foreign transaction fee business credit card if you travel for business frequently but don’t want to pay $500 or more in annual fees for a credit card.
Chase Ink Business Preferred® Costs
Introductory APR | None |
Ongoing APR | 17.49% to 22.49% variable, which adjusts with the prime rate |
Annual Fee | $95 |
Balance Transfer Fee | $5 or 5% of the balance transferred, whichever is greater |
Chase Ink Business Preferred® charges an annual fee that is $500 lower than the American Express Business Platinum Card®. You’ll be able to earn top travel rewards for a fraction of the cost.
Chase Ink Business Preferred® Rewards
Chase Ink Business Preferred® has a welcome offer that is worth $1,250 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 100,000 bonus points when you spend $15,000 within the first three months after account opening. That is $1,250 of travel when redeemed through Chase’s online rewards portal.
Ongoing Rewards
- 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® 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, highways, parking lots, and garages.
Chase Ink Business Preferred® 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® reviews show this card offers some additional card perks that other cards don’t offer, which makes it a strong business travel 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 Chase Ink Business Preferred® Is Missing
Chase Ink Business Preferred® doesn’t offer an introductory 0% APR period, and it carries a relatively high ongoing APR. 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 billing cycles.
Capital One® Spark® Miles for Business: Best for Fixed-rate Rewards on Every Purchase
Capital One® Spark® Miles for Business
Best For: Unlimited 2x miles with every swipe
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 18.49% (Variable) | $0 intro for first year; $95 after that | Excellent, Good |
If you’re too busy traveling and don’t want to worry about tracking category-based rewards, this card can help solve that problem. You’ll have the luxury of earning fixed-rate points on every purchase, including purchases made outside the U.S. Use this card for its simplified travel rewards program.
Capital One® Spark® Miles for Business Costs
Introductory APR | None |
Ongoing APR | 18.49% variable, which adjusts with the prime rate |
Annual Fee | $95, waived for the first year |
Balance Transfer Fee | None |
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 $5,000 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 is the largest introductory reward on our list.
Ongoing Rewards
You’ll earn unlimited 2x miles on all spending, including your foreign transactions. You can also earn 5x miles on hotel and rental car bookings through Capital One TravelSM. Capital One business card reviews indicate 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®.
Capital One also offers the Capital One® Spark® Cash for Business card, which is a great alternative if you want a nearly identical card that offers cash-back rewards.
What Capital One® Spark® Miles for Business Is Missing
Capital One® Spark® Miles for Business doesn’t have an introductory financing period, and its ongoing APR is about two percentage points above average. If your main concern in a card is cheap financing, look elsewhere. For example, some 0% APR business credit cards offer no-interest financing for up to 12 months on purchases and balance transfers.
Marriott Bonvoy Business™ American Express® Card: Best for Marriott Bonvoy Hotel Stays Outside the U.S.
Marriott Bonvoy Business™ American Express® Card
Best For: Owners who choose to stay at Marriott Bonvoy hotels
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 15.74% - 24.74% Variable | $125 | Good, Excellent |
Use this no foreign transaction fee business credit card if you regularly stay at Marriott Bonvoy hotels, which include all of the Ritz-Carlton and former Starwood Preferred Guest properties. With this card, you’ll benefit from its top-tier rewards at participating Marriott locations.
Marriott Bonvoy Business™ American Express® Card Costs
Introductory APR | None |
Ongoing APR | 15.74% to 24.74% variable, which adjusts with the prime rate |
Annual Fee | $125 |
Balance Transfer Fee | Transfers are not allowed |
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 about 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, which ranks lower on our list.
Ongoing Rewards
- 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® 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
- 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. manufacturers’ 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.
Marriott business card reviews show that 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 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.
Hilton Honors American Express Business Card: Best for Earning Hilton Hotel Rewards
The Hilton Honors American Express Business Card
Best For: Maximizing rewards on Hilton-related purchases
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 15.74% - 24.74% Variable | $95 | Good, Excellent |
If you’re a loyal Hilton customer, this no foreign transaction fee business credit card can be your ticket to using your card outside the U.S. without worry. While you’ll avoid foreign transaction fees, you’ll also earn 12x points for purchases made directly with Hilton properties. These rewards should please any Hilton customer.
Hilton Honors American Express Business Card Costs
Introductory APR | None |
Ongoing APR | 15.74% to 24.74% variable, which adjusts with the prime rate |
Annual Fee | $95 |
Balance Transfer Fee | Transfers are not allowed |
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
- 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 note 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. 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
- Complimentary Gold Status: You will receive complimentary Hilton Honors Gold Status, which gets you additional benefits like complimentary breakfast and rollover nights.
- 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 manufacturers’ warranties of five years or less.
Hilton business credit card reviews show 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 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. Instead, consider a 0% APR business credit card.
Bank of America® Business Advantage Travel Rewards World Mastercard®: Best for No Annual Fees
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
Best For: Earning top rewards on travel purchases booked through Bank of America
| Intro APR ?0% APR for nine billing cycles on purchases | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% 9 billing cycles | 13.74% - 23.74% Variable APR on purchases | $0.00 | Excellent |
While avoiding foreign transaction fees is a huge benefit, so is avoiding annual fees. With this card, you’ll be able to do both, making it possible to keep more cash in your business’ bank account. Use this card to save on credit card costs, finance purchases for nine billing cycles, and earn rewards while on business trips outside the U.S.
Bank of America® Business Advantage Travel Rewards World Mastercard® Costs
Introductory APR | 0% APR for nine billing cycles on purchases |
Ongoing APR | 13.74% to 23.74% variable, which adjusts with the prime rate |
Annual Fee | None |
Balance Transfer Fee | $10 or 4% of the amount of the balance transferred, whichever is greater |
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 $300, 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 30,000 bonus points when you spend $3,000 in the first 90 days of account opening. This introductory offer can be redeemed for a $300 statement credit toward travel purchases. These introductory rewards are the lowest of any card on our list. For example, Chase Ink Business Preferred® has an introductory offer worth $1,000 in travel.
Ongoing Rewards
- 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 Preferred Rewards for Business program, you can receive up to 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. You’ll need a balance of at least $100,000 to earn this rate.
Bank of America® Business Advantage Travel Rewards World Mastercard® Additional Features
Similar to other cards on our list, this Bank of America business credit card offers car rental insurance, travel accident insurance, and lost luggage reimbursement. You can learn more about these features’ details in your guide to benefits.
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, according to Bank of America card reviews, 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. Compared to other cards on our list, this card is lacking some additional benefits, such as airport lounge access.
What 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®. That card offers 100,000 bonus points when you spend $15,000 within the first three months after account opening, which is worth $1,250 in travel.
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®: Best for Flying American Airlines
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®
Best For: Frequent American Airlines flyers who want premium airline perks
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 16.99% - 25.99% Variable | $0 for the first year, then $99 | Good - Excellent |
If you or your employees fly with American Airlines, this small business credit card can help you save big on travel expenses. Plus, you’ll be able to have a better travel experience, as this card offers free checked bags and priority boarding. Most other no foreign transaction fee cards on this list don’t offer these free perks. Use this card to access those benefits and rewards on American Airlines purchases.
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Costs
Introductory APR | None |
Ongoing APR | 17.49 to 26.49% variable, which adjusts with the prime rate |
Annual Fee | $0 for the first year, then $99 |
Balance Transfer Fee | Transfers are not allowed |
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 65,000 bonus miles after you spend $4,000 within the first four months after account opening. These introductory rewards can be worth $650 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 $15,000 to earn 75,000 bonus points.
Ongoing Rewards
- 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® pays 3x points per dollar. When you’re overseas, you can earn two miles on car rentals and gas stations with this CitiBusiness credit card.
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® 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.
Although this card offers several valuable additional card features, CitiBusiness card reviews show that 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 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.
Capital One® Spark® Classic for Business: Best for Fair Credit
Capital One® Spark® Classic for Business
Best For: Fair credit business owners (580 to 669)
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 24.49% (Variable) | $0 | Average, Fair, Limited |
If your personal credit score ranges from 580 to 669 and you want to avoid foreign transaction fees, you’ve found your card. This no foreign transaction fee card for fair credit owners gives you a chance to open a card with fewer requirements. You’ll still benefit from no annual fees and the opportunity to earn unlimited cash-back rewards.
Capital One® Spark® Classic for Business Costs
Introductory APR | None |
Ongoing APR | 24.49% variable, which adjusts with the prime rate |
Annual Fee | None |
Balance Transfer Fee | None |
Capital One® Spark® Classic for Business Rewards
Capital One® Spark® Classic for Business doesn’t offer any introductory rewards. However, it does pay unlimited 1% cash back on all spending, everywhere—no limits or category restrictions. This rewards structure is common for business owners with personal credit scores between 580 and 669.
Introductory Rewards
Capital One® Spark® Classic for Business offers no introductory rewards. This is common among business credit cards for fair credit. If you have a higher credit score, consider a different small business credit card.
Ongoing Rewards
You’ll earn unlimited 1% cash back on all purchases, everywhere—no limits or category restrictions. If your personal credit score is between 580 and 669, this is a good option because of the added benefit its rewards provide. If your personal credit score is below 580, consider a secured business credit card. Those cards have credit limits that are typically equal to a cash deposit held in a collateral account.
What Capital One® Spark® Classic for Business Is Missing
The Capital One® Spark® Classic for Business card doesn’t offer a sign-up bonus and only pays 1% cash back. However, business owners who apply for this card should do so to build their credit and not to earn the best ongoing rewards. According to Capital One business card reviews, these ongoing rewards are just an extra benefit.
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 offers up to 12x points and luxury travel perks, such as airport lounge access. See the methodology in detail.
In our evaluation of the best no foreign transaction fee credit cards, we considered:
- Foreign transaction fee: How much you’ll be charged when making a purchase outside the U.S.
- Introductory rewards: The introductory rewards you can earn when you meet a minimum spending requirement.
- Ongoing rewards: The ongoing rewards you can earn on your business-related purchases.
- Introductory APR: Whether a card offers a no-interest financing period on purchases or balance transfers.
- Ongoing APR: How much you’ll be charged to finance purchases or balance transfers on the card.
- Additional features: Any free benefits or perks that make the card more valuable, such as insurance or travel perks.
If you travel outside the U.S. for business often, consider applying for a no foreign transaction fee credit card. If you don’t, some issuers charge up to a 3% fee for foreign transactions. You can and should avoid this by opening the right card—one from this list.
Bottom Line
Business credit cards with no foreign transaction fees are best for people who travel outside the U.S. for business purposes. The best cards pay rewards on your foreign transactions and have additional features, such as insurance and airport perks.
For rates and fees on the American Express Business Platinum Card®, please click here.
For rates and fees on the Hilton Honors American Express Business Card, please click here.
For rates and fees on the Marriott Bonvoy Business™ American Express® Card, please click here.
