Elijah Nash, WalletHub Analyst
The Ink Cash foreign transaction fee is 3% of each transaction in U.S. dollars. This fee is charged when the Ink Cash credit card is used outside of the United States. It applies whether it’s a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant.
Alternative Credit Card Option
If you often do business with foreign merchants, it will be best to use a credit card with no foreign transaction fee. You can check out our editors’ latest picks for the best among them and see which one better suits your needs.
A good option would be the Ink Business Preferred® Credit Card. Aside from a $0 foreign transaction fee, this card offers 3 points per $1 on the first $150,000 spent per year on travel and select business expenses, and 1 point per $1 on all other purchases. You can also earn 100,000 points for spending $15,000 in the first 3 months. The card’s annual fee is $95.
Ink Business Cash® Credit Card
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