Anyone who regularly buys things from internationally-based merchants or suppliers should have an international credit card. You’ll obviously need a card the seller(s) will accept. And you don’t want the cost of every purchase to be inflated by foreign-transaction fees. The average credit card charges about 2%. Plus, the right international credit card will save you a lot on currency conversion, compared the services offered by banks and airport kiosks.
If you’re a small business owner, your choice between a business credit card and a general-consumer card comes down to whether you plan to pay your bill in full every month. If you do, a business rewards credit card is your best bet. If not, you should focus on 0% APR consumer cards. Business credit cards are bad for financing because they lack key user protections, which allows issuers to raise rates on existing balances at any time. Regardless of which route you decide to take, make sure you get a Visa or Mastercard with no foreign fee.
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