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

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 American Express Hilton Honors Business Card and the American Express Delta SkyMiles Platinum Business 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.


  • American Express Hilton Honors Business Card

    This business credit card is perfect for earning Hilton Honors points


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

    Terms, rates and fees apply

  • Capital One Spark Miles

    Best flat-rate rewards card for frequent flyers


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

    Terms, rates and fees apply

  • Citi Costco Anywhere Visa Business Card

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


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

    Terms, rates and fees apply

  • American Express Delta SkyMiles Platinum Business Card

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


    • Good-ExcellentCredit Needed
    • $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

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


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

    Terms, rates and fees apply

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

About Our Rankings

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.

Top Rating Criteria for Business Cards

signupBonus
Welcome Offer
rewards
Rewards Rate
annualFee
Annual fee

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 American Express Hilton Honors Business Card, the Citi Costco Anywhere Visa Business Card and the Chase Southwest Rapid Rewards Premier 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 Citi Costco Anywhere Visa Business Card 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 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 Citi Costco Anywhere Visa Business Card 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 American Express Marriott Bonvoy Business 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.
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