Annual Fee and Foreign Transaction Cost Calculator

This calculator totals the fees that are charged because of how you use a business card, not the interest. Enter the amount you spend each year on purchases that carry a percentage fee (foreign-currency transactions are the common case), the fee percentage, any per-year fee for each additional employee card, the number of cards that carry that fee, and the main card's annual fee.

Formula. Total yearly fees = (yearly spend x percentage / 100) + (fee per employee card x number of cards) + annual fee. The last line shows your spend minus those fees.

Worked example (illustrative). Say you spend $12,000 a year abroad at a 3% foreign transaction fee, pay $50 a year for each of 4 extra cards, and the card has a $95 annual fee. The percentage fee is $360, the employee fees are $200 and the annual fee is $95, so the total is $655 a year. Switching to a card with no foreign transaction fee and free employee cards would leave only the annual fee, or nothing at all if there is none.

Limits. Many cards do not charge for employee cards, and many have no foreign fee, so set those inputs to zero when they do not apply. Interest, late fees and cash advance fees are not included. Always confirm the fee schedule in the issuer's terms.