The Best Business Credit Cards With No Foreign Transaction Fees [September 2024]
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Top Picks (Quick Summary)
Card | Welcome Offer and Annual Fee | Benefits |
| Ink Business Preferred® Credit Card |
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The Business Platinum Card® from American Express  |
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| American Express® Business Gold Card |
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| Delta SkyMiles® Reserve Business American Express Card |
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The Best Business Cards With No Foreign Transaction Fees
1. Ink Business Preferred® Credit Card (Best Overall Card, Best Sub-$100 Annual Fee Card)
The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.
The Ink Business Preferred® Credit Card is a powerhouse for earning lots of points from your business purchases, especially for business owners that spend regularly on ads.
Plus the card offers flexible redemption options, including access to Chase airline and hotel transfer partners where you can achieve outsized value.
Business owners will also love the protections the card provides like excellent cell phone insurance, rental car insurance, purchase protection, and more.
- 3x Ultimate Rewards points per $1 on up to $150,000 in combined purchases on internet, cable and phone services, shipping expenses, travel, and ads purchased with search engines or social media sites
- Cell phone protection
- Purchase protection
- No elite travel benefits like airport lounge access
- Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Travel℠
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
- APR: 21.24%-26.24% Variable
- Foreign Transaction Fees: None
Rewards
- 3x Ultimate Rewards points per $1 on up to $150,000 in spend on:
- Shipping purchases
- Advertising purchases made with social media sites and search engines
- Internet, cable, and phone services
- Travel
- 1x Ultimate Rewards point per $1 on all other purchases
Benefits
For a card with a $95 annual fee, the Ink Business Preferred card has plenty of benefits that business owners will love. For starters, not only are your points transferable to 14 different transfer partners, but your points also get a 25% bonus when you redeem through the Chase travel portal — giving you multiple great redemption options!
You’ll receive several other benefits as well, like the ability to add employee cards at no added cost, trip cancellation insurance, rental car insurance, purchase protection, extended warranty protection, and cell phone insurance with up to $1,000 in coverage each year.
Best For: Business owners looking for transferable rewards with large expenses in 1 of the 4 bonus categories
2. The Business Platinum Card® from American Express (Best for Airport Lounge Access)
Terms Apply / Rates & FeesThis card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!
The Business Platinum Card® from American Express is a premium travel rewards card tailored toward business owners who are frequent travelers with a high number of annual expenses.
When you factor in the large number of perks that the card offers like the best airport lounge access at over 1,400 lounges, along with tons of annual credits, it’s easy to see why this card can is a top option for frequent traveling business owners.
- 5x Membership Rewards points per $1 on flights and prepaid hotels at Amex Travel
- Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection
- Get 50% more Membership Rewards points (1.5 points per $1) on eligible purchases in key business categories, as well as on purchases of $5,000 or more (cap applies)
- High annual fee of $695 (rates & fees)
- Airline fee credit does not cover airfare, only incidentals like checked bags
- Welcome Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
- 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more, on up to $2 million per Card Account per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
- Unlock over $1,000 in statement credits on select purchases, including tech, recruiting and wireless in the first year of membership with the Business Platinum Card®. Enrollment required. See how you can unlock over $1,000 annually in credits on select purchases with the Business Platinum Card®, here.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to the Card.
- $199 CLEAR® Plus Credit: Use your card and get up to $199 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use the Business Platinum Card®.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
- $695 Annual Fee.
- Terms Apply.
- APR: 18.99% - 27.99% Variable
- Foreign Transaction Fees: None
Rewards
- 5x points per $1 on flights and prepaid hotels booked through Amex Travel
- 1.5x points per $1 on eligible purchases at U.S. construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
- 1x point per $1 on all other purchases
Benefits
In terms of benefits, the Amex Business Platinum card takes the cake, as it should, since the card charges a very high annual fee.
Cardholders receive access to the American Express Global Lounge Collection which includes: Centurion Lounges, Delta Sky Clubs (when flying Delta the same day), Escape Lounges – The Centurion Studio Partner, Plaza Premium Lounges, and Priority Pass lounges (upon enrollment).
With the card, you’ll also get a bevy of annual credits like up to $200 annual airline incidental credit, up to $400 annual Dell credit ($200 from January to June, and $200 from July to December), up to $360 annual Indeed credit ($90 per quarter), up to $150 annual Adobe Creative Solutions credit, up to $120 annual wireless statement credit ($10 per month), and $199 annual CLEAR credit.
Further, cardholders also get 35% of your points back when using Pay With Points for a business or first class ticket with your select airline via Amex Travel, complimentary upon enrollment Hilton Honors Gold and Marriott Bonvoy Gold Elite status, access to American Express Fine Hotels & Resorts program, and various travel protection coverages.
Best For: Business owners that are frequent travelers and want premium benefits
3. American Express® Business Gold Card (Best for Earning Lots of Points)
Terms Apply / Rates & FeesGet 4x points in 2 select categories where your business spends the most each month (on your first $150,000 spent each year).
The American Express® Business Gold Card is excellent at racking up rewards for your business spend.
The card earns a whopping 4x points per $1 in the 2 categories (from a list of 6) that your business spends the most money on each month. With no need to opt-in or preselect your categories, so you can focus on what matters most — running your business.
- 4x points per dollar spent on your 2 highest purchase categories each month up to $150,000 each calendar year in purchases; categories include:
- Transit purchases including trains, taxicabs, rideshare services, ferries, tolls, parking, buses, and subways
- U.S. purchases made from electronic goods retailers and software & cloud system providers
- Monthly wireless telephone service charges made directly from a wireless telephone service provider in the U.S.
- U.S. purchases at gas stations
- U.S. purchases at restaurants, including takeout and delivery
- Purchases at U.S. media providers for advertising in select media (online such as Google Ads, Facebook Ads, plus TV and radio)
- 3x points per dollar on flights and prepaid hotels booked on amextravel.com using your Business Gold Card
- Access to Amex’s The Hotel Collection
- $375 annual fee (rates and fees)
- No elite travel benefits like airport lounge access or elite status
- Welcome Offer: Earn 100,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.*
- 0% Intro APR ¤ for 6 months from the date of account opening on purchases eligible for Pay Over Time, then a 18.99% to 27.99% variable APR.*
- Earn 4X Membership Rewards® points on the top two eligible categories where your business spends the most each month from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.*
- Earn 3X Membership Rewards® points on flights and prepaid hotels booked on amextravel.com using your Business Gold Card.*
- Earn up to $20 in statement credits monthly after you use the Business Gold Card for eligible U.S. purchases at FedEx, Grubhub, and Office Supply Stores. This can be an annual savings of up to $240. Enrollment required.
- Get up to a $12.95** statement credit back each month after you pay for a monthly Walmart+ membership (subject to auto-renewal) with your Business Gold Card. **Up to $12.95 plus applicable taxes on one membership fee.*
- The Business Gold Card now comes in three metal designs: Gold, Rose Gold and Limited Edition White Gold. White Gold design is only available while supplies last. Make your selection when you apply on Americanexpress.com.
- *Terms Apply
- APR: 18.99% - 27.99% Variable,0% on purchases for 6 months from date of account opening
- Foreign Transaction Fees: None
Rewards
This card earns 4x Membership Rewards points on the top 2 categories in which your business spends the most every month (up to $150,000 in combined purchases every calendar year):
- Transit purchases including trains, taxicabs, rideshare services, ferries, tolls, parking, buses, and subways
- U.S. purchases made from electronic goods retailers and software & cloud system providers
- Monthly wireless telephone service charges made directly from a wireless telephone service provider in the U.S.
- U.S. purchases at gas stations
- U.S. purchases at restaurants, including takeout and delivery
- Purchases at U.S. media providers for advertising in select media (online, TV, radio)
Benefits
In addition to helping you rack up Amex Membership Rewards points, which we value as the highest transferable rewards currency, the Amex Business Gold card comes with a handful of other benefits to make the card worthwhile.
Cardholders also get access to Amex’s The Hotel Collection, trip delay insurance, baggage delay insurance, rental car insurance, purchase protection, and extended warranty coverage.
Best For: Business owners with a high amount of spend in 1 or more of the card’s bonus categories
4. Southwest® Rapid Rewards® Performance Business Credit Card
Southwest frequent flyers will love the upgraded boarding positions, inflight Wi-Fi credits, and bonus points on each cardmember anniversary.
The Southwest® Rapid Rewards® Performance Business Credit Card is a phenomenal option for business owners who are Southwest frequent flyers. It helps you earn more points on all of your business expenses, offers upgraded boarding certificates and Wi-Fi credits, and helps you reach higher levels of Southwest elite status.
- 4x points per $1 spent on Southwest purchases
- 3x points per $1 spent on Rapid Rewards hotel and car rental partner purchases
- 2x points per $1 spent on social media and search engine advertising, internet, cable, and phone services
- $199 annual fee
- Doesn’t earn transferable rewards
- Earn 80,000 points after you spend $5,000 on purchases in the first 3 months from account opening.
- 9,000 bonus points after your Cardmember anniversary.
- Earn 4X pts on Southwest® purchases.
- Earn 3X points on Rapid Rewards® hotel and car rental partners.
- Earn 2X points on rideshare.
- Earn 2X points on social media and search engine advertising, internet, cable, and phone services and 1X points on all other purchases.
- 4 Upgraded Boardings per year when available.
- Member FDIC
- APR: 21.49%-28.49% Variable
- Foreign Transaction Fees: None
Rewards
- 4x points per $1 on Southwest purchases
- 3x points per $1 on Rapid Rewards hotel and car rental partner purchases
- 2x points per $1 on local transit and commuting, including rideshare services
- 2x points per $1 on social media and search engine advertising, internet, cable, and phone services
- 1x point per $1 on all other purchases
Benefits
While the card does come with a $199 annual fee, there are multiple benefits offered to help you recoup that cost, like 9,000 bonus points each year (worth $117 based on our valuations), 4 Upgraded Boarding credits per year, and up to 365 inflight Wi-Fi credits per year.
Looking to work your way towards Southwest status? You can earn 1,500 tier qualifying points for every $5,000 spent on the card, with no limit on the amount of TQPs you can earn each year.
Cardholders also get a $500 fee credit for points transfers, the ability to add employee cards at no added cost, lost luggage and baggage delay insurance, extended warranty protection, and purchase protection.
Best For: Business owners that are frequent Southwest flyers
5. Delta SkyMiles® Reserve Business American Express Card
Terms Apply / Rates & FeesReceive priority boarding, complimentary access to Delta Sky Club and Centurion Lounges, concierge support, and an annual companion certificate.
The Delta SkyMiles® Reserve Business American Express Card is a premium card option for small business owners who are both frequent travelers and Delta loyalists.
While the annual fee may be steep, the card comes loaded with perks and benefits that all frequent Delta flyers are sure to love. Let’s take a look at what makes the card unique, and why it may be a great fit for your wallet.
- 3x miles per dollar on Delta purchases
- 1.5x miles per dollar on eligible transit, U.S. shipping and office supply stores, plus all eligible purchases after you spend $150,000 in a year
- Save 15% On Award Travel With TakeOff 15. Not applicable to partner-operated flights or to taxes and fees.
- High annual fee
- Does not earn many miles for purchases outside of Delta spend
- Limited Time Offer: Earn 110,000 Bonus Miles after spending $12,000 in purchases on your new Card in your first 6 months of Card Membership. Offer Ends 10/23/24.
- Enter Delta Sky Club® at no cost. Effective 2/1/25, Reserve Card Members will receive 15 Visits per year to the Delta Sky Club; to earn an unlimited number of Visits each year starting on 2/1/25, the total eligible purchases on the Card must equal $75,000 or more between 1/1/24 and 12/31/24, and each calendar year thereafter.
- Earn 3 miles per dollar on eligible Delta purchases.
- Get closer to elevated Status next Medallion® Year with MQD Headstart and MQD Boost: receive $2,500 Medallion Qualification Dollars each Medallion Qualification Year and earn $1 MQD for each $10 on purchases with your Delta SkyMiles® Reserve Business American Express Card.
- Receive a Companion Certificate on First Class, Delta Comfort+®, or Main Cabin domestic, Caribbean, or Central American roundtrip flights each year after renewal of your Card. The Companion Ticket requires payment of government-imposed taxes and fees of no more than $80 for roundtrip domestic flights and no more than $250 for roundtrip international flights (both for itineraries with up to four flight segments). Baggage charges and other restrictions apply. See terms and conditions for details.
- With the $240 Resy Credit, earn up to $20 per month in statement credits on eligible Resy purchases using your enrolled Card.
- Earn up to $10 back each month after using your enrolled Delta SkyMiles® Reserve Business American Express Card for U.S. rideshare purchases with select providers.
- Save 15% when booking Award Travel on Delta flights. Not applicable to partner-operated flights or to taxes and fees.
- Not a Medallion Member? Card Members with an eligible ticket will be added to the Complimentary Upgrade list, after Delta SkyMiles Medallion Members.
- As a benefit of Card Membership, you can check your first bag free on Delta flights, saving up to $70 on a round-trip Delta flight per person. For a family of four that’s a potential savings of up to $280 per round-trip flight.
- When you purchase a Delta flight with your Delta SkyMiles® Reserve Business Card, you will receive complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner.
- Receive Zone 5 Priority Boarding on Delta flights; board early, stow your carry-on bag and settle in sooner.
- Elevate your travel experience with an annual statement credit of up to $250 after using your Delta SkyMiles® Reserve Business American Express Card to book prepaid hotels or vacation rentals through Delta Stays on delta.com.
- Enjoy travel without foreign transaction fees from American Express with your Delta SkyMiles® Reserve Business American Express Card.
- Terms and limitations apply.
- APR: 20.49% - 29.49% Variable
- Foreign Transaction Fees: None
Rewards
- 3x miles per $1 on purchases made directly with Delta
- 1.5x miles per $1 after you spend $150,000 on your card in a calendar year
- 1x mile per $1 on all other purchases
Benefits
The Delta Reserve Business card comes loaded up with benefits that frequent Delta flyers will love. For starters, you’ll receive Centurion Lounge and Delta Sky Club access when flying with Delta.
For those that are working their way towards Delta Medallion status, you can earn $2,500 Medallion Qualification Dollars each Medallion Qualification Year and earn $1 MQD for each $10 on purchases with your card to help you reach status even sooner.
Cardholders also receive their first checked bag free along with up to 8 traveling companions, Zone 5 priority boarding, and a round-trip companion certificate each year that can be used towards a domestic first class, Delta Comfort+, or Main Cabin ticket.
Best For: Business owners that are loyal Delta Air Lines flyers
6. World of Hyatt Business Credit Card
The World of Hyatt Business card provides a solid option for business travelers that are looking to put their expenses on a small business card.
Hyatt loyalists who do their fair share of business travel have been clamoring for the addition of a co-branded Hyatt business credit card for quite some time — and now it’s finally here.
The World of Hyatt Business Credit Card is now available. In this guide, we will walk you through everything you need to know about it!
- Up to 9x points total for Hyatt stays and experiences: 4 Bonus Points per $1 on qualified purchases at Hyatt hotels. Plus, up to 5 Base points from Hyatt per eligible $1 spent just for being a World of Hyatt member.
- 2x points per $1 spent in your top three spend categories each quarter. Eligible categories include: Dining, Shipping, Airline tickets when purchased directly with the airline, Local transit & Commuting, Social Media & Search Engine Advertising, Car Rental Agencies, Gas stations and Internet, Cable & Phone Services.
- 2x points per $1 spent on fitness club and gym memberships.
- $199 annual fee
- Bonus categories and benefits are very similar to the personal card
- 60,000 Bonus Points after you spend $5,000 on purchases in your first 3 months from account opening
- Up to 9 points total per $1 spent at Hyatt - 4 Bonus Points per $1 on qualified purchases at Hyatt hotels & up to 5 Base Points per $1 from Hyatt as a World of Hyatt member
- 2 Bonus Points per $1 spent in your top three spend categories each quarter.
- 2 Bonus Points per $1 spent on fitness club and gym memberships
- 1 Bonus Point per $1 spent on all other purchases.
- Up to $100 in Hyatt statement credits - spend $50 or more at any Hyatt property and earn $50 statement credits up to two times each anniversary year.
- 5 Tier-Qualifying night credits toward status and Milestone rewards for every $10,000 you spend in a calendar year.
- World of Hyatt Discoverist status for as long as your account is open. Plus, Discoverist status to up to five employees
- Member FDIC
- APR: 21.49% - 28.49% Variable
- Foreign Transaction Fees: None
Rewards
- Up to 9 points total per $1 spent at Hyatt hotels – 4 Bonus Points per $1 on qualifying purchases at Hyatt hotels & up to 5 Base Points per $1 from Hyatt as a World of Hyatt member
- 2x points per $1 in your top 3 spend categories each quarter from the following:
- Dining
- Shipping
- Airline tickets when purchased directly with the airline
- Local transit and commuting
- Social media and search engine advertising
- Car rental agencies
- Gas stations
- Internet, cable, and phone services
- 2x points per $1 on fitness clubs and gym memberships
- 1x point per $1 on all other purchases
Benefits
The World of Hyatt Business card allows you to hit the ground running with automatic Hyatt Discoverist status for you and up to 5 employees. Plus you can earn 5 Tier-Qualifying Night credits toward status and for every $10,000 you spend on the card in a calendar year.
You’ll also enjoy a $50 statement credit when you spend $50 or more at any Hyatt property (up to 2 times each year), automatic entry into the Hyatt Leverage program, and 10% of your redeemed points back for the rest of the year after spending $50,000 on your card in a calendar year (up to 200,000 points back).
Like many other cards, you’ll receive rental car insurance, trip cancellation insurance, purchase protection, and extended warranty protection.
Best For: Business owners that are World of Hyatt loyalists
Information regarding the Capital One Spark Miles for Business was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
For rates and fees of the American Express® Business Gold Card, click here.
For rates and fees of The Business Platinum Card® from American Express, click here.
For rates and fees for the Delta SkyMiles® Reserve Business American Express Card, click here.