In this article
You might like
No items found.
Spending made smarter
Easy-to-use cards, spend limits, approval flows, vendor payments —plus an average savings of 5%.1
|
4.8 Rating 4.8 rating
Error Message
No personal credit checks or founder guarantee.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get fresh finance insights, monthly
Time and money-saving tips,
straight to your inbox
|
4.8 Rating 4.8 rating
Thanks for signing up
Oops! Something went wrong while submitting the form.
Table of contents

Most credit card issuers charge a small foreign transaction fee for each purchase made with any currency other than the U.S. dollar. These transaction fees can quickly add up for companies that regularly do business outside of the United States.

If you spend the equivalent of $100,000 in other currencies on some business credit cards, you can pay an additional $3,000 in foreign transaction fees. Luckily, some business credit cards don’t have this pesky expense. This guide will unveil some of the best business credit cards with no foreign transaction fees.

Best business credit cards with no foreign transaction fees

  • The Business Platinum Card from American Express
  • Ink Business Premier Credit Card
  • Amazon Business Prime American Express Card
  • Capital One Spark Classic for Business
  • Bank of America Business Advantage Travel Rewards World Mastercard Credit Card
  • Ink Business Preferred Credit Card
  • American Express Business Gold Card
  • Capital One Spark Cash Plus
  • Citi AAdvantage Business World Elite Mastercard

Here's a look at each of these cards in more detail.

What is the best credit card to use abroad?

You will save money if you use a credit card that doesn’t have any foreign transaction fees. Some credit card issuers charge a 3% foreign transaction fee, but you can get around this expense. Many airline cards do not have foreign transaction fees, but you should check the terms before receiving a card.

You can use personal and business credit cards that have no annual fees and no foreign transaction fees. However, the cards with annual fees tend to have better rewards programs.

Is Visa, Mastercard, or American Express better overseas?

All three credit card issuers are accepted in most parts of the world. These cards come with zero liability for fraud and offer great rewards. You may want to compare credit cards and see which ones have the best rewards programs for how you spend the majority of your money. 

How do I avoid foreign transaction fees?

You can avoid foreign transaction fees with a credit card that doesn’t charge these fees. However, that’s not the only way you can get around this additional expense. Consumers can also buy goods and services with the local currency or use a checking account or debit card with no foreign transaction fees.

Get a Ramp card to avoid foreign transaction fees

The Ramp corporate card caters to business owners who don’t want to contend with preset spending limits. This charge card has plenty of perks, including cashback and no foreign transaction fees. You also won’t have to pay interest. The card is optimal for business owners in the United States, but you will save a lot of money with this card if you spend money internationally. 

You can issue free employee cards and monitor their spending. Ramp also lets you set spending limits for each employee. You can enjoy integration with many popular resources like QuickBooks, Xero, and others. Get a free demo today to see if the Ramp card is right for you.

Try Ramp for free
Error Message
No personal credit checks or founder guarantee.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
CPFC, Contributor Finance Writer
Marc Guberti is a certified personal finance counselor and a freelance writer. His work has been featured in US News & World Report, Newsweek, Fox Business, and other publications.
Ramp is dedicated to helping businesses of all sizes make informed decisions. We adhere to strict editorial guidelines to ensure that our content meets and maintains our high standards.

FAQs

How Dragonfly Pond Works leveled up expense management with Ramp

“Creating efficiency is an important part of an effective finance team. To scale you can’t only increase the size of the team. You have to complement with technology.”
Austin Mcilwain, CFO, Dragonfly Pond Works

How Girl Scouts of the Green & White Mountains saved 20+ hours per month with Ramp

"With the time we've saved with Ramp, we can do more of the analysis work and speed up essential processes like month-end close."
Stuart Rothberg, Finance Director, Girl Scouts, Green & White Mountains

How 8VC resolved accounting coding challenges, increased spend visibility, and cut time to close with Ramp

“With Ramp, we have complete control and governance over company-wide spend in real time...we can easily close expenses by the first week of the month versus the third or fourth week of the following month.”
Nichole Horton, Controller, 8VC

How Studs consolidated expense management, travel, and bill pay into Ramp’s single efficient platform

“Ramp Travel gives me the ability to set the controls I need, and employees the freedom and flexibility to book travel easily."
Andrew Clarke, VP Finance, Studs

How Mindbody & Classpass saved time, enhanced visibility, and improved usability with Ramp

“We were going to hold office hours, but it was so quiet that we never needed to. All the feedback was positive -- it was very easy to roll out.”
Heather Bruzus, Principal Accountant, Mindbody & Classpass

How Rarebreed Veterinary Partners prepared for scale with Ramp

“I can look in Ramp and see my spend for the month immediately. I don’t have to go on 14 different platforms. It’s all right there.”
Eric Chabot, VP of Accounting & Controller, Rarebreed Veterinary Partners

How Tomo drove efficiency and slashed time to close with Ramp

"Bringing our close timeline down by half has given us so much more time for projects and analysis.”
Eric Ho, SVP, Head of Finance, Tomo