Do business credit cards have foreign transaction fees?

Yes, some business credit cards charge foreign transaction fees, typically as a percentage of each international purchase. Many cards waive these fees, which can make a meaningful difference for businesses with regular cross-border spending.

Do business debit cards also add foreign transaction fees?

Many business debit cards charge foreign transaction fees. Even though debit cards pull funds directly from your account, international transactions are often processed through payment networks that apply these fees

How does dynamic currency conversion differ from your card’s exchange rate?

Dynamic currency conversion allows a merchant to process a payment in your home currency instead of the local currency. While it may seem convenient, the exchange rate is often worse than your card network’s rate and can include additional fees.

Are foreign transaction fees deductible as a business expense?

If the purchase was made for business purposes, foreign transaction fees are typically deductible as operating expenses. Check with a tax advisor to confirm how this applies to your business.

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January 20, 2026

Best business credit cards with no foreign transaction fees in 2026

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The Ramp Visa Corporate Card is issued in the U.S. by Celtic Bank, and to U.S. corporations operating globally by Column N.A., Member FDIC. The Ramp Visa Commercial Card is issued by Sutton Bank, Member FDIC. The Ramp Visa Business Card is issued by Lead Bank, Member FDIC. Each card is issued pursuant to a license from Visa USA Inc.

Ramp cards are issued in Canada by Peoples Trust Company, pursuant to license by *Visa International. Visa Int./Peoples Trust Company, Licensed User.

Ramp cards are issued in the UK by Stripe Payments UK Limited, an electronic money institution authorized by the Financial Conduct Authority (firm reference number: 900461). Ramp cards are issued in the EEA by Stripe Technology Europe Limited, an electronic money institution authorized by the Central Bank of Ireland (firm reference number: C187865). Cards are issued under the Visa card scheme pursuant to a license from Visa Europe Limited.

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*Ramp Business Corporation is a financial technology company and is not a bank. Bank deposit services provided by First Internet Bank of Indiana, Member FDIC.

Securities products and brokerage services are provided by Apex Clearing Corporation, an SEC registered broker dealer, member of FINRA & SIPC. The Investment Account is not a deposit product, not insured by the FDIC, and may lose value.

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