MoneyGeek's Take

Best Business Credit Cards for No Foreign Transaction Fees in 2022

The best business credit cards with no foreign transaction fees tend to provide rewards or cash back. While most of the top cards come with welcome offers, a few don’t.

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This article is part of our larger series on Best Business Credit Cards

Advertising & Editorial Disclosure

Getting a no foreign transaction fee business credit card makes sense if you plan to use it outside of the U.S. or to make purchases from international vendors. Depending on the card you get, you might benefit by earning higher reward rates on category-based spending.

Several cards from this segment come with spend-based welcome offers. A couple of the top examples include the Hilton Honors American Express Business Card and the Delta SkyMiles® Platinum Business American Express Card.

Very few of the top no foreign transaction fee business credit cards do away with annual fees. Other factors that need your attention when choosing a suitable card include APRs and additional benefits.

This article is part of our larger series on
Best Business Credit Cards

Top 5 Business Credit Cards with No Foreign Transaction Fees

Quick Summary

Rewards and cash back rates usually vary from one no foreign transaction fee business credit card to the next. This also holds true for welcome offers, and some cards from this category have no such offers in place. We’ve selected the top of the lot by accounting for these factors as well as others such as APRs, welcome offers and annual fees. You may check other good options further down the page.


  • The Hilton Honors American Express Business Card

    This business credit card is perfect for earning Hilton Honors points


    • Good-ExcellentRecommended Credit
    • $95Annual Fee
    • 3–12 Points per $1*Rewards Rate
    • 12xRewards Rate at Hotels
    • 6xRewards Rate on Gas

    Terms, rates and fees apply

    Compare this credit card with other top-rated cards from our partners.

  • Capital One Spark Miles for Business

    Best flat-rate rewards card for frequent flyers


    • Good-ExcellentRecommended Credit
    • $95Annual Fee
    • 2 Miles per $1Rewards Rate
    • 2xRewards Rate at Hotels
    • 2xRewards Rate on Groceries

    Terms, rates and fees apply

  • Costco Anywhere Visa® Business Card by Citi

    An excellent no-annual-fee rewards card for Costco members


    • ExcellentRecommended Credit
    • $0Annual Fee
    • 1–4% Cash Back*Rewards Rate
    • 4xRewards Rate on Gas
    • 3xRewards Rate on Dining

    Terms, rates and fees apply

  • Delta SkyMiles® Platinum Business American Express Card

    A great card for frequent business travelers who want to enjoy Delta travel perks and pursue elite status


    • Good-ExcellentRecommended Credit
    • $250Annual Fee
    • 1–3 Miles per $1Rewards Rate
    • 3xRewards Rate on Air Travel
    • 3xRewards Rate at Hotels

    Terms, rates and fees apply

  • Capital One Spark Cash Select - $500 Cash Bonus

    A great no-annual-fee business card with 1.5% cash back


    • Good-ExcellentRecommended Credit
    • $0Annual Fee
    • 1.5% Cash BackRewards Rate
    • 1.5xRewards Rate on Gas
    • 1.5xRewards Rate on Groceries

    Terms, rates and fees apply

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Methodology

Each month, MoneyGeek experts go through our extensive database and select all new and existing cards that fit this segment. Their selection of the best business credit cards with no foreign transaction fees that follows accounts for parameters such as APRs, rewards/cash back rates, welcome offers, annual fees and added benefits.

If you feel you might benefit more by using a personal credit card, take a look at what the top no foreign transaction fee cards for consumers have to offer.

Summary of the Best Business Cards for No Foreign Transaction Fees

Check this no foreign transaction fee business card comparison table to find out how all the cards from this segment match up against each other based on factors such as who they're best suited for, reward rates, annual fees and the credit required to apply.

  • Credit Card
    Best For
    Avg. Reward Rate
    Annual Fee
    Credit Needed
  • The Hilton Honors American Express Business Card
    This business credit card is perfect for earning Hilton Honors points
    3–12 Points per $1*
    $95
  • Capital One Spark Miles for Business
    Best flat-rate rewards card for frequent flyers
    2 Miles per $1
    $95
  • Costco Anywhere Visa® Business Card by Citi
    An excellent no-annual-fee rewards card for Costco members
    1–4% Cash Back*
    $0
  • Delta SkyMiles® Platinum Business American Express Card
    A great card for frequent business travelers who want to enjoy Delta travel perks and pursue elite status
    1–3 Miles per $1
    $250
  • Capital One Spark Cash Select - $500 Cash Bonus
    A great no-annual-fee business card with 1.5% cash back
    1.5% Cash Back
    $0
  • Marriott Bonvoy Business® American Express® Card
    Excellent card for maximizing the rewards you earn while traveling
    2–6 Points per $1*
    $125
  • Ink Business Preferred® Credit Card
    A great card to maximize earning unlimited rewards
    1–3 Points per $1
    $95
  • Delta SkyMiles® Reserve Business American Express Card
    A card that offers many rewards for business travelers who fly Delta frequently.
    1–3 Miles per $1
    $550
  • Southwest® Rapid Rewards® Premier Business Credit Card
    A great miles credit card for international purchases with multiple miles-earning and redeeming opportunities
    1–2 Points per $1*
    $99
  • United℠ Business Card
    A good miles-earning credit card with exclusive rewards and no foreign transaction fees
    1–2 Miles per $1*
    $99
  • Delta SkyMiles® Gold Business American Express Card
    A great miles rewards card with no foreign transaction fee for frequent business travelers
    1–2 Miles per $1
    $99
  • CitiBusiness® / AAdvantage® Platinum Select® Mastercard®
    One of the top business travel cards for frequent American Airlines travelers
    1–2 Miles per $1*
    $99
  • Southwest® Rapid Rewards® Performance Business Credit Card
    An excellent business card with Southwest and other travel benefits
    1–3 Points per $1*
    $199
  • American Express® Business Gold Card
    A dynamic rewards card for high-spending business owners
    1–4 Points per $1
    $295
  • The Plum Card® from American Express
    Great no preset spending limit card with flexible payback methods
    1.5% Cash Back
    $250
  • The Business Platinum Card® from American Express
    A good business card for premium travel benefits
    1–5 Points per $1*
    $595
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MONEYGEEK EXPERT TIP

When making international purchases, always pay in the local currency. Your bank will provide a better foreign exchange rate than what the vendor is offering, adding to the savings you'll receive from your no foreign transaction fee card. -- Lee Huffman, credit card expert at BaldThoughts.com.

How to Compare Business Credit Cards & Intro Offers

The best business cards with no foreign transaction fees vary in the features and benefits they offer. This requires that you pay attention to different factors when making a selection.

1

Co-branded or not

Getting a co-branded no foreign transaction fee business credit card makes sense if you favor using any particular airline, group of hotels or chain of big-box retail stores. Examples of such cards include the Hilton Honors American Express Business Card, the Costco Anywhere Visa® Business Card by Citi and the Southwest Rapid Rewards® Premier Credit Card Business Card.

2

Rewards/cash back rate

The rewards/miles/cash back rate you stand to earn depends on the card you get. For example, the Costco Anywhere Visa® Business Card by Citi lets you earn up to 4% cash back on category-based spending, and purchases that don’t fall under any of the bonus categories earn 1% cash back. The Amex Delta SkyMiles Platinum Business Card, on the other hand, offers up to 3 miles per dollar on bonus categories and 1.5 miles per dollar on all other purchases.

3

Welcome offer

A number of the top no foreign transaction fee business credit cards come with spend-based welcome offers. For instance, the Capital One Spark Miles for Business Card lets you earn an early spend bonus of 50,000 miles by spending $4,500 on purchases within the first three months.

4

Annual fee

It's common for most of the top cards from this category to charge annual fees. The Costco Anywhere Visa® Business Card by Citi is a notable exemption.

5

APR

Pay particular attention to this aspect if you don’t plan to clear off your balances in full each month. Bear in mind that rewards/cash back cards tend to charge higher interest than cards that do not offer rewards/cash back.

6

Added perks

The annual fee you pay might have a bearing on the additional perks on offer. For example, the Marriott Bonvoy Business® American Express® Card with an annual fee of $125 comes with complimentary Marriott Bonvoy Silver Elite status, spend-based free night awards, elite night credits and premium internet access at participating Marriott Bonvoy properties. Some of the more common benefits/features come in the form of purchase protection, extended warranty, travel insurance coverage, free employee cards and various expense management tools.

Further Reading

About the Author


expert-profile

Rajiv Baniwal has been writing about different financial topics for over 15 years. Meticulous in his research, he makes sure he provides accurate and up-to-date information. His areas of expertise include mortgages, personal loans, credit cards, insurance and international money transfers.


*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.