11 best business credit cards with no foreign transaction fees in August 2025
- Do business credit cards have foreign transaction fees?
- Best business credit cards with no foreign transaction fees
- What is the best international credit card?
- What is a foreign transaction fee?
- How to avoid foreign transaction fees
- How much are foreign transaction fees?
- Do all credit cards work internationally?
- Are foreign transaction fees and currency conversion fees the same?
- Get a Ramp Business Credit Card to avoid foreign transaction fees
Most business credit card issuers charge a small foreign transaction fee for each purchase made with any currency other than the US dollar. These transaction fees can quickly add up for companies that regularly do business outside the United States.
If you spend the equivalent of $100,000 in other currencies on some business credit cards, you can pay up to an additional $3,000 in foreign transaction fees. You get nothing in return for paying these fees, so if you frequently travel internationally for business, it’s in your best interest to avoid them.
Luckily, many business credit cards have eliminated these fees as a benefit.
The best business credit cards with no foreign transaction fees include:
- Ramp Business Credit Card
- The Business Platinum Card from American Express
- Chase Ink Business Premier Credit Card
- Amazon Business American Express Card
- Capital One Spark Classic for Business
- Bank of America Business Advantage Travel Rewards World Mastercard
- Chase Ink Business Preferred Credit Card
- American Express Business Gold Card
- Capital One Spark 2% Cash Plus
- CitiBusiness AAdvantage Platinum Select World Elite Mastercard
- Capital One Venture X Business Credit Card
This guide will share some of the best international business credit cards with no foreign transaction fees.
Do business credit cards have foreign transaction fees?
Yes, some business credit cards have foreign transaction fees. These fees are typically a percentage of each transaction made in a foreign currency. However, many cards waive these fees, making them a valuable option for businesses with international spending.
Best business credit cards with no foreign transaction fees
Here’s a breakdown of which credit cards don’t charge foreign transaction fees.
1. Ramp Business Credit Card
Ramp Business Credit Card
- Cashback rewards with flexible redemption options
- Built-in expense management software
- No credit check or personal guarantee required
- Must be a registered business to qualify
- Must have most of your business spend in the US
The Ramp Business Credit Card is ideal for businesses looking to avoid foreign transaction fees while benefiting from a streamlined expense management platform. With cashback on purchases and no preset spending limits, it’s perfect for businesses that value simplicity and flexibility. Additionally, Ramp offers robust tools for managing spending, automating expense reporting, and providing real-time insights into your financial health—all with no fees, including no foreign transaction fees.
2. The Business Platinum Card from American Express
The Business Platinum Card from American Express
- 5x points on flights and prepaid hotels booked via Amex Travel
- No preset spending limit
- Complimentary Marriott Bonvoy Gold Elite and Hilton Honors Gold status
- Access to airport lounges and other travel perks
- No foreign transaction fees
- “Pay Over Time” offers payment flexibility on eligible purchase
- High annual fee of $695
- Rewards program is relatively complex
- Benefits are primarily travel-focused, less so on other business expenses
- Requires full balance payment each month
The Business Platinum Card is perfect for luxury business travelers who want a wealth of travel perks, including lounge access, Global Entry/TSA PreCheck credits, and annual airline fee credits. Despite the high annual fee, the array of perks and rewards, including hotel status and flexible point transfers, statement credits, and more. Enrollment required.
3. Chase Ink Business Premier Credit Card
Chase Ink Business Premier Credit Card
- $1,000 bonus cashback if you spend $10,000 in your first 3 months
- No foreign transaction fees
- Elevated cashback rewards on large purchases over $5,000
- "Flex for Business" provides payment flexibility on eligible purchases
- High annual fee
- Requires significant spend to unlock welcome bonus
- Limited expense management features
- Requires full balance payments each month
- "Flex for Business" only available on specific purchases
This card is ideal for business owners who want flexibility in how they use their rewards. It offers 3x bonus points on key business categories like travel, shipping, and advertising, plus a generous welcome bonus if you spend a certain amount within a period following your account opening. You can redeem points for travel at a 25% higher value through Chase Ultimate Rewards or transfer points to various airline and hotel partners.
4. Amazon Business American Express Card
Chase Ink Business Premier Credit Card
- High cashback
- Travel perks
- Employee cards and management at no additional cost
- High annual fee
- Other travel cards have more perks
- The late payment fee is either $40 or 2% of the minimum payment due, depending on which is higher
The Amazon Business American Express Card is designed for businesses that frequently shop on Amazon. It offers cardholders the option of earning 5% back on Amazon purchases (up to $120,000, then 1% thereafter) or forgoing rewards for a 90-day 0% intro APR on purchases.
5. Capital One Spark Classic for Business
Capital One Spark 1% Classic
- Unlimited 1% cashback on all purchases
- Unlimited 5% cashback on hotels and rental cars booked through Capital One Travel
- No annual or transaction fees
- Fair credit scores accepted
- Cashback rewards are slightly less than average
- High APR
Does Capital One charge for international transactions? Nope! That’s just one of the reasons businesses turn to the Capital One Spark Classic for Business.
For business owners with fair credit, this card offers an opportunity to earn 1% cash back while building credit. It’s easier to qualify for, has no annual fee or foreign transaction fees, and is ideal for businesses that may not yet qualify for more premium options but still want to earn rewards.
Each card is tailored to different spending habits and preferences, making it important to match your choice to your business needs.
6. Bank of America Business Advantage Travel Rewards World Mastercard
Bank of America Business Advantage Travel Rewards World Mastercard
- No annual fee
- Simple points-based rewards
- Attractive welcome offers
- Potential to boost earnings as a Bank of America business account owner
- No bonus categories
- No lounge access or travel credits
The Bank of America Business Advantage Travel Rewards World Mastercard is a no-annual-fee card that earns 1.5 points per dollar spent on all purchases. Cardholders can potentially earn more points if they qualify for the Preferred Rewards for Business program. The card also offers 0% intro APR on purchases for the first 9 billing cycles, followed by a variable APR.
7. Chase Ink Business Preferred
Chase Ink Business Preferred Credit Card
- Earn 3x points on travel, shipping, internet and phone services, and qualifying ad spending
- Unlimited 1x points on all other categories
- Points are worth 25% more when redeemed through Chase Travel
- $95 annual fee is reasonable for businesses that value travel rewards
- High spending requirement to earn welcome bonus
- Not a good choice for businesses with limited travel needs
The Chase Ink Business Preferred cardmembers earn Chase Ultimate Rewards points. It offers elevated points earnings on travel, shipping, internet, cable, phone services, and advertising purchases, making it useful for businesses with frequent expenses in these categories. Cardholders can transfer points to airline and hotel partners or redeem them through Chase Travel.
8. American Express Business Gold Card
American Express Business Gold Card
- High rewards rate in top spending categories
- Flexible points system with numerous redemption options
- No international transaction fees
- High annual fee
- Rewards capped for 4x earnings
- Requires good to excellent credit
Amex Gold’s international fees do not exist; it does not charge foreign transaction fees for purchases made outside of the United States. The American Express Business Gold Card offers customizable bonus categories so cardholders can earn 4x points in the top two spending categories each month. This is ideal for businesses with varied expenses as it maximizes rewards based on their highest spending areas.
It offers flexibility in redemption options like flights, hotel stays, gift cards, and more through the American Express Membership Rewards program. Cardholders don’t have to worry about paying an Amex Gold Card foreign transaction fee.
9. Capital One Spark Cash Plus
Capital One Spark Cash Plus
- Unlimited cashback rewards
- No preset spending limit
- Offers $150 statement credit to offset annual fee
- 0% interest when used as intended
- Early spending bonus
- 2.99% monthly fee on late payments
- Must spend $150,000 per year to access the $150 statement credit
- Limited spend management features
This card offers a flat 2% cash back on all purchases, making it the best for businesses seeking simplicity and high cash-back rewards across all spending. There’s no preset spending limit, which is great for businesses with large budgets. Plus, it offers 5% back on hotels and car rentals booked through Capital One Travel.
10. CitiBusiness / AAdvantage Platinum Select Mastercard
CitiBusiness / AAdvantage Platinum Select World Elite Mastercard
- Preferred boarding
- No mileage cap
- Additional perks as you accumulate loyalty points
- Annual fee
- You must use American Airlines to get the maximum benefits
- The card is primarily for people who travel often
Some cards from Citi have no foreign transaction fees, including the CitiBusiness AAdvantage Platinum Select World Elite Mastercard. For businesses that frequently fly with American Airlines, this card offers great value with 2x bonus miles on American Airlines purchases, gas stations, and other select categories. You also get travel perks like free checked bags and preferred boarding, making it an excellent choice for frequent flyers loyal to American Airlines.
11. Capital One Venture X Business Credit Card
Capital One Venture X Business Card
- Extensive travel benefits
- No fees for international transactions
- Transferable miles to travel partners
- High annual fee
- Benefits may not justify the cost for non-travel-focused businesses
We’ll round out our list of the best business credit cards with no foreign transaction fees with the Capital One Venture X Business Credit Card. This is a premium travel card that offers unlimited 2x miles on any purchase with no preset spending limits. It also includes an annual travel credit and complimentary airport lounge access, making it a compelling option for businesses with frequent travel needs.
Each card is tailored to different spending habits and preferences, making it important to match your choice to your business needs.
Here's a look at each of these cards in more detail:
Card comparison
- Average net savings of 5% due to cost-reducing features
- Unlimited physical and virtual employee cards
- Access to $350,000 in deals from various partners
- Automated expense management software
- View vendor information and pricing on a single dashboard
- Automate accounts payable
- No fees or interest
Annual Fee
$0
APR
N/A
The Business Platinum Card from American Express- Travel rewards credit card focused on international travel
- Provides 5x membership rewards on flights and prepaid hotels booked through American Express Travel
- Additional rewards on eligible purchases
- Carries a $695 annual fee
- Sizable welcome bonus with
Annual Fee
$695
APR
18.49%–27.49% variable with Pay Over Time
FX Fees
$0
Rewards
Points
Chase Ink Business Premier Credit Card- Business credit card with travel and purchase protections
- 2%–2.5% cashback rewards on purchases
- Free physical employee cards with optional spend limits
- $10,000 minimum credit limit
- $1,000 bonus cashback after spending $10,000 in your first 3 months
Annual Fee
$195
APR
18.49%–26.49% variable with Flex for Business
FX Fees
$0
Rewards
Cashback
Amazon Business American Express Card- No annual fee
- 3% cashback or 60-day terms on U.S. purchases at Amazon Business, AWS, Amazon.com, and Whole Foods Market
- 2% cashback at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
- Earn 1% cashback on all other purchases
- Receive a $100 Amazon Gift Card upon approval
- No foreign transaction fees
- Travel benefits like Car Rental Loss and Damage Insurance, Global Assist Hotline, and Baggage Insurance Plan
Annual Fee
$0
APR
19.49%–27.49%
Capital One Spark 1% Classic- Build business credit with responsible card use
- AutoPay option
- $0 fraud liability
- Year-end summaries
- Assign account managers
- Optional virtual card numbers for added security
- Integration with Quicken, QuickBooks, Excel, and other software
Annual Fee
$0
APR
29.74% variable
Rewards
Cashback
Bank of America Business Advantage Travel Rewards World Mastercard- Small business credit card with unlimited 1.5x points per dollar on purchases
- 0% intro APR for the first 9 billing cycles
- Redeem rewards for statement credit or travel expenses on Bank of America Travel Center
- Earn up to 75% more rewards on every purchase if you have a business checking account with Bank of America and qualify for the Business Platinum Honors tier
- 30,000 bonus points after spending $3,000 in your first 90 days
Annual Fee
$0
APR
17.49%–27.49% variable
FX Fees
$0
Rewards
Points
Chase Ink Business Preferred Credit Card- 3x points back for every $1 on the first $150,000 you spend on the following: shipping purchases, advertising purchases for social media sites and search engines, travel, and internet, cable, and phone services. Limit refreshes every account anniversary year
- Receive 25% more in travel redemption
- 5x points on Lyft rides
- Employee cards at no additional cost
- Extended warranty protection
- Travel Cancellation/Interruption Insurance
- Lower max APR than most credit cards
Annual Fee
$95
APR
21.24%–26.24%
American Express Business Gold Card- Earn 125,000 membership rewards points after spending $10,000 within the first three months of card membership
- $375 annual fee
- 4x points on your top two eligible categories
- 3x points on flights and pre-paid hotels booked on AmexTravel.com
- 1x points on all other eligible purchases
- $240 flexible business credit for purchases at select business merchants
- $155 Walmart+ credit
Annual Fee
$375
APR
19.49%–28.49%
Capital One Spark Cash Plus- Business charge card that requires full monthly balance payments
- Designed for larger, higher-spending businesses
- Carrying a balance incurs a 2.99% late payment fee
- 2% cashback rewards on purchase
Annual Fee
$150
APR
N/A
FX Fees
$0
Rewards
Cashback
Citi AAdvantage Business World Elite MastercardThis is a rewarding business credit card for companies with frequent travel on American Airlines, offering a generous sign-up bonus, enhanced earning rates on select categories, and valuable travel perks.
Annual Fee
$99 annual fee (waived first year)
APR
21.24%–29.99% variable APR for purchases
Capital One Venture X Business CardA premium business travel card offering high reward rates on travel purchases and access to luxury travel benefits. As a pay-in-full card, it requires full monthly balance payments. Late payments are subject to a fee.
Net Savings
$395
APR
N/A
What is the best international credit card?
You’ll save money if you use an international business credit card that doesn’t charge foreign transaction fees. Some credit card issuers charge a foreign transaction fee of around 3%, so the savings will be significant.
Many airline cards don’t have foreign transaction fees, but you should do your research and check the terms before applying for any business travel credit card. Often, the business credit cards that offer the best travel rewards also come with a high annual fee.
What are the most accepted credit cards?
Visa and Mastercard are the two most widely accepted credit card networks internationally. You can use both Mastercard and Visa cards in more than 200 countries around the world. American Express cards are accepted in around 160 countries, which makes them slightly less convenient.
What is a foreign transaction fee?
A foreign transaction fee is a charge that your credit card issuer applies when you make a purchase in a foreign currency or through a foreign bank, typically while traveling abroad or shopping with international merchants online. Some credit cards, especially those designed for travel, waive foreign transaction fees altogether.
How to 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.
As another alternative, you can use a personal travel credit card that doesn’t charge foreign transaction fees, but that complicates the travel expense reimbursement process. If international business travel is a frequent occurrence, it’s worth applying for a business credit card that offers no foreign transaction fees.
How much are foreign transaction fees?
Foreign transaction fees usually consist of both an issuer fee and a card network fee, usually totaling between 2.7% and 3%, depending on your card. You can find the specific fee details in your cardholder agreement. While this may seem small, these charges can add up quickly, especially if you frequently travel and spend thousands abroad. To save money, it’s important to minimize or avoid foreign transaction fees when possible.
Do all credit cards work internationally?
Most credit cards can be used internationally, but it depends on whether the card is part of a global payment network like Visa, Mastercard, or American Express, which are widely accepted worldwide. However, some cards may not be accepted in certain regions or countries, especially if they are tied to smaller, local payment networks.
What credit score is needed for business credit cards?
You generally need a personal credit score of 700 or higher to qualify for the best business credit cards. Secured credit cards or corporate charge cards like Ramp’s Business Credit Card have less stringent credit score requirements — perfect for new businesses and startups.
Are foreign transaction fees and currency conversion fees the same?
Not exactly. Foreign transaction fees are charged by your card issuer—typically 1–3% of the purchase amount—when you buy something in a foreign currency or outside the U.S.
Currency conversion fees are separate and come from the payment network (like Visa or Mastercard). These fees are built into the exchange rate and act as a markup on the conversion, even if your card issuer doesn’t charge a foreign transaction fee. While you won’t see a separate line item for it, you may still end up paying slightly more than the market exchange rate.
Get a Ramp Business Credit Card to avoid foreign transaction fees
The Ramp Business Credit Card doesn’t charge foreign transaction fees and simplifies the process of international travel expense management. You can issue unlimited physical and virtual cards to employees traveling internationally and set spending limits at the employee or card level.
Ramp cards also come with travel management features like real-time trip expense monitoring, custom trip budgets and spending categories on employee cards, and easily accessible travel itineraries. All these features add up to save Ramp customers an average of 5% a year.
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