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As a business traveler, having the right credit card can make all the difference. A good business credit card for international travel offers a range of benefits, including rewards points, travel insurance, and no foreign transaction fees. In this article, we will discuss the best business credit cards for international travel and how to choose the one that suits your needs.
What to Look for in a Business Credit Card for International Travel
Before choosing a business credit card for international travel, consider the following factors:
- Rewards Points: Look for a card that offers rewards points for travel-related expenses such as flights, hotels, and rental cars. These points can be redeemed for future travel or other rewards.
- Travel Insurance: A good business credit card for international travel should offer travel insurance, including coverage for trip cancellation, lost luggage, and medical expenses.
- No Foreign Transaction Fees: Many credit cards charge foreign transaction fees, which can add up quickly when traveling internationally. Look for a card that offers no foreign transaction fees to save money.
- Sign-Up Bonus: Some credit cards offer a sign-up bonus, which can include a large number of rewards points or a statement credit for travel expenses.
- Annual Fee: Consider the annual fee of the credit card and whether the benefits outweigh the cost.
Top Business Credit Cards for International Travel
Here are some of the best business credit cards for international travel:
| Card Name | Rewards Points | Travel Insurance | No Foreign Transaction Fees | Sign-Up Bonus | Annual Fee |
|---|---|---|---|---|---|
| Chase Ink Business Preferred | Earn 3x points on travel, shipping, internet, cable, phone, and advertising purchases | Trip cancellation/interruption insurance, primary auto rental insurance, and travel and emergency assistance services | Yes | 100,000 Ultimate Rewards points after spending $15,000 in the first 3 months | $95 |
| American Express Business Platinum Card | Earn 5x points on flights and prepaid hotels on amextravel.com | Trip cancellation/interruption insurance, baggage insurance, and travel accident insurance | No transaction fees on purchases made abroad | 75,000 Membership Rewards points after spending $15,000 in the first 3 months | $595 |
| Capital One Spark Miles for Business | Earn 2x miles on every purchase | Travel accident insurance and auto rental collision damage waiver | No foreign transaction fees | 50,000 miles after spending $4,500 in the first 3 months, and an additional 150,000 miles after spending $50,000 in the first 6 months | $95, waived for the first year |
These credit cards offer a range of benefits for business travelers, including rewards points, travel insurance, and no foreign transaction fees. Compare the features of each card to choose the one that suits your needs.
How to Apply for a Business Credit Card for International Travel
To apply for a business credit card for international travel, follow these steps:
- Research the credit cards that offer the benefits you need.
- Compare the features and fees of each card.
- Choose the card that suits your needs.
- Fill out the credit card application.
- Provide your business information, including your business name, address, and tax ID number.
- Provide your personal information, including your name, address, social security number, and income.
- Submit the credit card application.
Once approved, you will receive your credit card in the mail. Activate your card and start using it for your business travel expenses.
Conclusion
A good business credit card for international travel offers a range of benefits, including rewards points, travel insurance, and no foreign transaction fees. Consider the features and fees of each card to choose the one that suits your needs. Apply for the card and start enjoying the benefits of traveling for business with a great credit card.
Frequently Asked Questions
What is a business credit card?
A business credit card is a credit card that is issued to a business rather than an individual. It is used for business-related expenses and can offer a range of benefits, including rewards points and travel insurance.
What are rewards points?
Rewards points are points that are earned for making purchases with a credit card. These points can be redeemed for travel, merchandise, or other rewards.
What is travel insurance?
Travel insurance is insurance coverage that protects against potential losses while traveling. This can include coverage for trip cancellation, lost luggage, and medical expenses.
What are foreign transaction fees?
Foreign transaction fees are fees charged by credit card companies for transactions made in a foreign currency. These fees can be as high as 3% of the transaction amount and can add up quickly when traveling internationally.
What is a sign-up bonus?
A sign-up bonus is a bonus offered by credit card companies for new cardholders. This can include a large number of rewards points or a statement credit for travel expenses.