Best Business Credit Cards for No Foreign Transaction Fees in 2022

We love the Hilton Honors American Express Business Card not only because it offers a high reward rate for spending at Hilton properties but for its reward rate that applies to other business-specific spending.

You get to earn 130,000 bonus points if you spend $5,000 on purchases in the first three months.

Using this card at Hilton properties comes with 12X points. It offers 6X points for spending on wireless telephone services purchased directly from U.S. service providers, on flights booked with Amex Travel or directly with airlines, on car rentals booked directly through select companies, on U.S. purchases for shipping, at U.S. gas stations and at U.S. restaurants.

You qualify for a free weekend night reward if you spend $15,000 on eligible purchases in a calendar year. If you spend $60,000 on eligible purchases in a calendar year, you earn a second free weekend night reward.

All cardholders get complimentary Hilton Honors Gold status, which comes with added perks such as daily food & beverage credit (at U.S. hotels) or continental breakfast (at non-U.S. hotels) and availability-based room upgrades.

Your linked Priority Pass Select membership brings with it 10 complimentary airport lounge visits each year. Not having to pay foreign transaction fees may lead to savings when you travel overseas. Other travel benefits include complimentary baggage insurance plan and car rental loss and damage insurance.

Extended warranty and purchase protection are in place to safeguard your business purchases. You may choose to get additional employee cards, and you also get access to different expense management tools.

Pros

• Ability to earn considerable bonus points
• High reward rates across multiple categories
• Complimentary Hilton Honors Gold status
• Spend-based free night rewards
• No foreign transaction fees
• Additional employee cards
• Dedicated account manager
• Integration with QuickBooks and year-end expense summaries

• Earn 130,000 bonus points if you spend $5,000 on purchases within six months from account opening.
• Spending at properties within the Hilton portfolio comes with 12X points.
• You earn 6X points at U.S. restaurants, at U.S. gas stations, on wireless telephone service purchased directly from U.S. service providers, on U.S. purchases for shipping, on car rentals booked directly through select companies and on flights that you book through Amex Travel or directly with airlines.
• You earn 3X points on all other purchases.
• Any additional employee cards you get earn reward points as well.
• If you spend $15,000 on purchases in a calendar year, you earn a free night reward.
• If you spend a total of $60,000 on purchases in a calendar year, you earn an additional free night reward.
• By enrolling in the Priority Pass Select program, you get 10 complimentary airport lounge visits each year.
• Safeguard your travels and purchases through car rental loss and damage insurance, baggage insurance plan, purchase protection and extended warranty.

Disclaimer: Credit card offers are constantly changing. We work hard to stay updated with the latest information, but the offers listed on our site may no longer be available.

We recommend the Capital One Spark Miles for Business to businesses that want to earn cash back on their spending. You also get to earn a 50,000 miles early-spend bonus by spending $4,500 on purchases in the first three months.

Booking hotels and rental cars through Capital One Travel comes with 5X miles per dollar. All other purchases earn 2x miles per dollar.

Using this card outside of the U.S. is ideal as it charges no foreign transaction fees. Cardholders get two free visits to Capital One Lounges each year as well as credit toward Global Entry or TSA PreCheck fees.

There is no annual fee to pay for the first year, but you need to pay $95 per year thereafter. Employee cards come at no additional cost.

Pros

• Flat-rate rewards of 2X bonus miles
• No foreign transaction fees
• New cardholder offers
• Free employee cards
• Flexible payments

• Spend $4,500 in the first three months and earn 50,000 bonus miles
• $0 intro annual fee for the first year, $95 per year thereafter
• 2X miles per dollar
• Employee cards
• Set up automatic payments.
• Zero fraud liability
• Year-end itemized summaries for tax and budgeting purposes
• Purchase records in multiple formats
• Virtual card numbers for making safer payments online
• Tracking and monitoring of all cards
• Purchase alerts for all cards
• Lock and unlock cards using mobile app or online banking

Disclaimer: Credit card offers are constantly changing. We work hard to stay updated with the latest information, but the offers listed on our site may no longer be available.

We recommend the Costco Anywhere Visa® Business Card by Citi for small businesses that are Costco members and are looking for a no-annual-fee card. Category-based spending lets you earn up to 4% cash back. You may redeem the cash back you earn at Costco Warehouses across the U.S. This card also comes with a competitive APR for purchases.

Using this card when traveling outside of the U.S. makes sense as it does not charge any international transaction fees.

Purchases you make using this card receive cover through extended warranty as well as damage and theft purchase protection.

Cardholders may also use the Citi Entertainment and Citi Concierge services to good effect.

Pros

• Pay no annual fees
• Pay no foreign transaction fees
• Earn 4% cash back on all gas purchases globally for up to $7,000 in spending per year, and 1% thereafter
• Earn 3% cash back when spending at restaurants and on eligible travel purchases globally
• Earn 2% cash back on all non-gas related purchases at Costco and Costco.com
• Earn 1% cash back on all other purchases
• Redeem cash back for cash or merchandise at Costco Warehouses across the U.S. and Puerto Rico
• Competitive APR for purchases
• Fraud early warning to safeguard your account
• Extended warranty and damage and theft purchase protection to safeguard your purchases
• Access to presale tickets and special events via Citi Entertainment
• 24/7 access to Citi Concierge

• $0 annual fee
• Competitive APR for purchases
• 4% cash back on spending of up to $7,000 per year on all gas purchases globally, and 1% thereafter
• 3% cash back on spending at restaurants and on eligible travel purchases worldwide
• All purchases at Costco and Costco.com (other than gas) come with 2% cash back
• Spending across all other categories gets you 1% cash back
• Redeem earned cash back for merchandise or cash at any Costco warehouse in the U.S. and Puerto Rico
• No foreign transaction fees
• Complimentary extended warranty and damage and theft purchase protection
• Complimentary access to Citi Concierge and Citi Entertainment
• Fraud early warning in case of suspicious activity

Disclaimer: Credit card offers are constantly changing. We work hard to stay updated with the latest information, but the offers listed on our site may no longer be available.

Even though the SkyMiles Platinum Business Card comes with a $250 annual fee, it may work well for business owners who use Delta frequently. The welcome offer for new cardholders lets you earn 85,000 bonus miles if you spend $4,000 on purchases in the first three months. Offer ends 11/9/22.

Purchases made directly with Delta and hotels come with 3X miles. Eligible purchases of over $5,000 come with 1.5X miles, for up to a total of 50,000 additional miles per year. All other purchases come with 1X miles.

Some of the other benefits you may look forward to include an annual companion certificate, priority boarding, no foreign transaction fees and travel insurance coverage."

Pros

• No foreign transaction fees
• Status boost
• Earn miles
• Priority boarding
• Free checked bag

• 3X miles for purchases made directly with Delta and hotels 1.5X miles for eligible purchases of over $5,000 (up to an additional 50,000 miles per year)
• 1X miles for all other purchases
• In-flight savings
• Companion certificate
• Global Entry or TSA PreCheck fee credit
• Trip delay insurance
• Baggage insurance plan
• Car rental loss and damage insurance
• 24/7 customer service
• Extended warranty for covered purchases
• Purchase protection against theft and accidental damage for up to 90 days from the date of purchase
• Dispute resolution for fraudulent and incorrect charges

Disclaimer: Credit card offers are constantly changing. We work hard to stay updated with the latest information, but the offers listed on our site may no longer be available.

We recommend the Capital One Spark Cash Select - $500 Cash Bonus to people who’re looking for an alternative that comes with 1.5% cash back on all your business purchases.

Using this card outside of the U.S. makes sense as it does not charge overseas transaction fees. Employee cards come at no extra cost. Getting to select your own due date is a plus.

Other benefits include $0 fraud liability, downloadable purchase records, year-end summaries, extended warranty and complimentary roadside assistance.

Pros

• $0 annual fee
• Flat cash back across all categories
• No foreign transaction fees
• Free employee cards

• No annual fees
• 1.5% cash back on all purchases
• No added fees for employee cards with customized spending limits
• Ability to assign account managers
• Purchase records made available in Quicken, QuickBooks and Excel
• $0 fraud liability to safeguard against fraudulent transactions
• Complimentary roadside assistance for all cardholders
• Get additional protection on eligible purchases through extended warranty

Disclaimer: Credit card offers are constantly changing. We work hard to stay updated with the latest information, but the offers listed on our site may no longer be available.