Best business credit cards for travel 2024

If you often travel overseas for business, you’ll want to choose a credit card that charges no foreign transaction fees and offers some decent travel perks too.

If you regularly need to travel abroad for business, choosing the right type of credit card (or charge card) can enable you to side-step sneaky foreign transaction fees, as well as benefit from travel perks such as airport lounge access or frequent flyer points. Here’s how to pick the best card for your business.

Compare business travel cards

1 - 4 of 4
Name Product Finder Score Purchases Annual / Monthly fees Rewards earn rate Representative APR Link Key benefit Representative example
Finder Award
CASHBACK
Capital on Tap Business Credit Card (+optional Business Rewards)
4.2
★★★★★
35.15%
£99 per annum
1 point per £1 spent
35.2% APR (variable)
Go to siteCard details
Representative example: When you spend £1,200 at a purchase rate of 35.15% (variable) p.a., your representative rate is 35.2% APR (variable). Optional upgrade to Business Rewards (£99 per year).
American Express Business Platinum Card
3.8
★★★★★
N/A (this product is a charge card).
£650
1 point per £1 spent
N/A (this product is a charge card).
Go to siteCard details
Earn 40,000 bonus Membership Rewards® points when you spend £6,000 in the first 3 months. Terms apply.
Barclaycard Premium Plus Credit Card
3.9
★★★★★
0% for 6 months reverting to 20.2%
£150 per annum
0.5% cashback uncapped*
56.8% APR (variable)
Go to siteCard details
*Get 0.5% cashback on your business spend up to £400 per year and benefits for using your card for day-to-day business and travel. £150 a year. T&Cs apply.
Representative example: When you spend £1,200 at a purchase rate of 20.2% (variable) p.a. with a fee of £150 per annum, your representative rate is 56.8% APR (variable).
Lloyds Bank Business Credit Card (only available to existing business customers)
3.7
★★★★★
16.3%
Year 1 - £0, Year 2 onwards - £32 per annum
N/A
22.4% APR (variable)
Card details
Representative example: When you spend £1,200 at a purchase rate of 16.3% (variable) p.a. with a fee of £32 per annum, your representative rate is 22.4% APR (variable).
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Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Most of the data in Finder's comparison tables is provided by Moneyfacts.

What to look for in a travel credit card for business

When looking for the perfect plastic travel companion, there are several things you should consider so that you’re making the best decision for your business. We have outlined a few below.

1. Does the business card charge for foreign transactions?

One of the main features to look for with a travel credit card for business is whether it charges foreign transaction fees. Many standard business cards charge a fee every time you make a purchase abroad, as well as when you withdraw cash with your credit card. Travel credit cards can help you to avoid paying these fees, making them ideal if you regularly need to spend abroad.

2. Is there a cash withdrawal fee?

Be aware, however, that even if your credit card doesn’t charge a fee for withdrawing cash abroad, you’ll still usually be charged interest. This will be charged from the transaction date even if you clear your balance that month.

3. Does the card come with additional benefits?

On top of this, check whether you’ll benefit from additional travel perks. Some credit cards offer travel accident insurance, for example, as well as emergency card replacement around the world. Others might also offer access to airport lounges, and some might let you earn reward points, such as Avios.

4. Can you get additional employee cards?

Find out whether you can get additional employee cards and how much interest the card charges if you don’t pay off your balance in full each month. Some credit cards might even offer interest-free purchases for a few months, and if the card comes with travel rewards, employee spending could help top up the travel points pot, too.

5. Is there an annual fee?

Finally, check whether there is an annual fee to pay, and if so, whether this would be worth it in exchange for the rewards you receive.

What are the different travel rewards programmes available?

We’ve outlined some of the different travel rewards programmes below:

Avios

One of the biggest travel reward programmes is Avios. This frequent flyer programme lets you to earn points as you spend, which can be redeemed for rewards such as free flights or hotel stays. Avios is British Airways’ loyalty currency but can be used on any of the Oneworld Alliance airlines, including Iberia, Qantas, Cathay Pacific and American Airlines, among others. You can find out more about Avios business credit cards in our guide.

Avios calculator
£
Avios

Use the fields above to calculate how much cashback you will earn.

British Airways On Business

On Business is another British Airways loyalty programme, but it’s designed specifically for businesses. It works similarly to Avios, but instead of rewarding individuals, it rewards your company when you travel. This means you earn On Business reward points for each flight booked with British Airways. You can collect both Avios and On Business points on the same flight. Points can be redeemed on flights with British Airways, Iberia and American Airlines.

Keep in mind: The online On Business platform is currently unavailable, but you can redeem your On Business points and access your account by calling the On Business team.

Amex Membership Rewards

Certain American Express business credit cards also let you earn Membership Reward points as you spend. You can then redeem these points on American Express Travel, which includes flights with major airlines such as British Airways, Virgin Atlantic and Emirates, as well as hotels and car hire.

Pros and cons of travel credit cards for business

Pros
  • Can enable you to earn reward points to redeem on flights.
  • Get access to credit. A credit builder credit card is an entry-level option that gives you access to credit, especially when you’ve been refused elsewhere.
  • You can avoid expensive foreign transaction fees when abroad.
  • You might benefit from perks such as travel insurance or airport lounge access.
  • You can add extra cardholders to build up rewards faster.
Cons
  • Annual fees may apply.
  • If you don’t clear your balance each month, the interest charged could outweigh any rewards.
  • You won’t always find a business card that offers both fee-free foreign transactions and travel rewards.

How to get the most out of your business credit card for travel

To get the most out of your business credit card for travel, you’ll need to spend regularly. Some travel credit cards require you to spend a set amount in a certain timeframe to qualify for reward points, so make sure you can meet this requirement. This can be easier if you have additional cardholders, such as your employees, and if you have a lot of expenses to put on a card.

It’s also important to check whether there’s an annual fee to pay and, if there is, whether the card offers enough in the way of rewards to make paying the fee worthwhile. Similarly, interest rates on travel credit cards can be high, so it’s really only worth using one if you can be sure of paying off your balance in full each month. Otherwise, the interest charged will likely outweigh the benefits of having the card.

Remember, too, that cash withdrawals are best avoided with a credit card. Even if your card doesn’t charge a foreign transaction fee for withdrawals, you’re usually charged interest, and this is charged from the withdrawal date.

Who is eligible?

To be eligible for a business credit card for travel, you need to be at least 18 years old, and you and your business need to be based in the UK. Depending on the credit card you choose, you might also need to meet a minimum turnover requirement and be registered as a private limited company or a limited liability partnership.

You’re also likely to find it easier to get accepted if your business has a good credit history.

How to apply

The exact application requirements depend on the business card you’re interested in. However, you can usually make your application online by filling in a short form and providing some personal details as well as information about your business. Your credit card should arrive within 5 to 7 working days.

How to choose the best business credit card for travel

You probably won’t find a card that ticks all the boxes, but here’s a basic list of factors to consider and prioritise when you compare your options:

  1. Rewards. Are they any good? What’s the earn-rate? What’s the introductory bonus?
  2. Fees. This can include foreign transaction fees, as well as annual account fees. Make sure any features or rewards outweigh the cost of fees when comparing cards.
  3. Travel perks. Some credit cards offer complimentary travel insurance and airport lounge access. If that’s the type of card you’re after, you definitely want to check out the Amex Platinum Business card, as it offers a competitive range of travel perks. Unfortunately, these perks are rarely found in credit cards that don’t charge foreign transaction fees.
  4. Interest rate. This is only important if you expect to occasionally carry a balance on the card. It tells you how much doing so will cost you.
  5. Facilities. Can you manage your credit card from your phone? Can you set individual spending limits for different cards? Does it integrate with your accounting software?
  6. Priority Pass discounts

    Deal

    Lounge access with Priority Pass

    Access 1,500+ airport lounges and premium travel experiences globally, in 600 cities across 148 countries

    Bottom line

    Business credit cards for travel can offer some very enticing rewards if you regularly travel abroad for business. As well as helping you to avoid expensive foreign transaction fees when you spend on your credit card, you might also benefit from access to airport lounges, insurance and the opportunity to earn reward points that can be redeemed on future flights.

    However, annual fees can apply and interest rates can be high, so they’ll only be of real benefit if you can pay off the balance in full each month and earn enough rewards to make the fee worth paying.

    Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

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