Ten best credit cards for business travel

By Grace Nasri
August 17, 2011

By Grace Nasri at FindTheBest

Any business traveller, or anyone for that matter, wants to have a credit card that offers the best perks, the lowest APR and no – or low – annual fees, yet nobody has the time to comb through the pages of fine print detailing the sometimes shocking terms of agreement.

Everyone wants to find “the perfect card”, but the best card ultimately depends on the specific person’s needs. For the typical cardholder, analytics from FindTheBest’s Credit Cards Comparison shows that the two most important factors when selecting a credit card are annual fee and ongoing purchase APR rate; 36 percent of users sort by annual fee and 21 percent sort by ongoing purchase APR, while other key factors, including balance transfer APR and rewards type, are only sorted on by less than 10 percent of users. But the typical card user has different needs than the business traveller.

For the road warrior, there are several criteria that time and time again have proven useful during long business trips away from home. For those whose jobs require frequent travel, business-related perks can save money, provide help during emergency situations and can insure access to cash whenever and wherever.

FindTheBest has identified a list of the Top 10 credit cards for the business traveller based on 10 key factors:

1. American Express Business Platinum Card

International transaction fee: 0%
Personal concierge service: Yes
Travel insurance: Travel accident insurance
Lost luggage insurance: Coverage up to $3,000
Car rental insurance: Automatic on rental cars
Emergency support: 24/7 medical, legal, financial assistance when more than 100 miles from home; 24/7 roadside assistance
Extended warranty: Extends original warranty up to 1 year
Fraud liability coverage: 24/7 fraud liability services
Purchase protection: Up to $10,000/occurrence up to 90 days
Extra perks: Access to full-service lounges worldwide; complimentary companion ticket when flying in Business or First Class

2. Chase Ink Bold Visa Signature

International transaction fee: 3%
Personal concierge service: Yes
Travel insurance: Accident insurance coverage for cardholder and family
Lost luggage insurance: Up to $3,000 per trip
Car rental insurance: Coverage for damage due to collision or theft
Emergency support: Medical, legal, transportation emergency services
Extended warranty: Doubles time period of manufacturer’s warranty up to 1 additional year
Fraud liability coverage: Cardholder not liable for unauthorized transactions
Purchase protection: Automatically protects eligible retail purchases

3. Business Preferred World MasterCard

International transaction fee: 2%
Personal concierge service: No
Travel insurance: Up to $100,000 in travel accident insurance
Car rental insurance: Up to $100,000 in auto rental insurance
Emergency support: 24/7 card replacement; emergency transportation assistance; 24/7 customer service
Extended warranty: Double the manufacturer warranty
Fraud liability coverage: Cardholder not liable for unauthorized transactions
Purchase protection: Up to 90 days
Extra perks: Pre-trip assistance with health precautions, weather reports, currency exchange rates, visas and immunization

4. AT&T Universal Business Rewards Card

International transaction fee: 3%
Personal concierge service: No
Travel insurance: Travel insurance for cardholder, spouse and dependents
Lost luggage insurance: Yes
Car rental insurance: Automatically covered
Emergency support: 24/7 emergency support and customer service; translation services; transportation assistance
Fraud liability coverage: Specialized assistance if identity is stolen

5. Business Charge with WorldPoints Rewards

International transaction fee: 3%
Personal concierge service: No
Travel insurance: Up to $100,000 in travel accident insurance
Lost luggage insurance: Emergency ticket replacement and lost luggage assistance
Car rental insurance: Up to $100,000 in auto rental insurance
Emergency support: 24/7 card replacement; 24/7 customer service; translation service; emergency transportation service
Extended warranty: Double the manufacturer warranty
Fraud liability coverage: Liability protection against card misuse by terminated employees up to $100,000
Purchase protection: Up to 90 days
Extra perks: Pre-trip assistance with health precautions, weather reports, currency exchange rates, visas and immunization

6. CitiBusiness AAdvantage Visa Card

International transaction fee: 3%
Personal concierge service: No
Travel insurance: Automatic travel accident insurance
Car rental insurance: Covers physical damage and theft to most rental cars with MSRP of $50,000 or less
Emergency support: 24/7 customer support
Fraud liability coverage: Specialized assistance if your identity is stolen
Purchase protection: Up to $10,000/occurrence up to 90 days
Extra perks: Automatic savings from 10-60% on many prescription drugs at over 60,000 pharmacies nationwide (program is not available in all states)

7. American Express Gold Delta SkyMiles Business

International transaction fee: 2.7%
Personal concierge service: No
Travel insurance: Covers cardholder and dependents against accidental death and dismemberment
Lost luggage insurance: Coverage against loss or damage to baggage
Car rental insurance: Coverage for theft of or damage to most rental vehicles
Emergency support: 24/7 medical, legal, financial and emergency support; 24/7 customer service; card replacement services
Extended warranty: Extends original warranty up to 1 year
Fraud liability coverage: Protection against unauthorized charges
Purchase protection: Up to 90 days
Extra perks: First checked bag free; $99 companion certificate annually

8. Discover Business Miles Card

International transaction fee: 2%
Personal concierge service: No
Travel insurance: Recover travel costs if travel plans are interrupted; protection from unexpected food and lodging expenses if travel is delayed
Lost luggage insurance: Reimbursement for lost or damaged luggage up to $2,500 annually
Car rental insurance: Up to $50,000 in car rental insurance
Emergency support: 24/7 customer service; 24-hour, flat-fee roadside assistance
Extended warranty: Extends original warranty up to 1 year
Fraud liability coverage: Cardholder not liable for unauthorized transactions
Purchase protection: Up to 90 days

9. WorldPoints Travel Rewards for Business Visa Card

International transaction fee: 3%
Personal concierge service: No
Travel insurance: Up to $1,000,000 in travel accident insurance
Lost luggage insurance: Emergency ticket replacement, lost-luggage assistance
Car rental insurance: Up to $1,000,000 in auto rental insurance
Emergency support: Emergency translation services; 24/7 emergency cash and card replacement; emergency transportation assistance; medical and legal referral assistance
Extended warranty: Double the manufacturer warranty
Fraud liability coverage: Cardholder not liable for unauthorized transactions
Purchase protection: Up to 90 days

10. American Express Blue for Business Card

International transaction fee: 2.7%
Personal concierge service: No
Travel insurance: Travel accident insurance
Lost luggage insurance: Coverage against loss, theft or damage up to $1,750
Car rental insurance: Automatic coverage
Emergency support: 24/7 medical, legal, financial and emergency assistance when more than 100 miles from home
Extended warranty: Extends original warranty up to 1 year
Fraud liability coverage: 24/7 assistance for identify theft coverage; cardholder not liable for unauthorized transactions
Purchase protection: Eligible purchases covered from theft or accidental damage up to $1,000 per occurrence and up to $50,000 per card member. Up to 90 days.

(Grace Nasri is Managing Editor of FindTheBest. Any opinions expressed are her own.)

Main caption: Credit cards are pictured in a wallet in Washington, February 21, 2010. REUTERS/Stelios Varias

Comments

Interesting article. I currently have the American Express Business Platinum Card and have been really happy with it. The business companion ticket perk is great since my wife travels with me on business a lot.

Posted by SteveKermak | Report as abusive
 

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