Wells Fargo
One Key™ Card
Key Features
| Annual Fee | $0.00 |
| Network | Mastercard |
About this card
The Wells Fargo One Key card is a decent travel rewards card, meriting an overall rating of 3.1. Its strengths include a solid rewards structure with 3% back on Expedia, Hotels.com, Vrbo, gas, groceries, and dining, coupled with no annual fee and a generous sign-up bonus. The absence of foreign transaction fees and inclusion of travel-related insurance benefits add further value. However, the card's major weakness is the limited redemption options, where OneKeyCash is restricted to Expedia, Hotels.com, and Vrbo. This inflexibility significantly reduces its overall value compared to cards with more versatile redemption options like cash back or point transfers. The card's reputation is solid. Wells Fargo is a reputable financial institution that has been making improvements in the credit card space. The card is well-suited for those who frequently book travel through Expedia, Hotels.com, and Vrbo. While the rewards rate is competitive, the lack of flexibility restricts its appeal to a niche audience, limiting its overall rating. The assumed average APR doesn't particularly add or detract from the overall value proposition.
Pros & Cons
What's great
- No annual fee
- Generous sign-up bonus
- High rewards rate on select travel, gas, grocery and dining purchases
- No foreign transaction fees
- Travel and purchase protection benefits
Things to consider
- Rewards can only be redeemed on Expedia, Hotels.com and Vrbo
What this card offers
Sign-up bonuses
- Earn $300 in OneKeyCash after you spend $1,000 on purchases in the first 3 months
Rewards
- 3% in OneKeyCash on Expedia, Hotels.com and Vrbo
- 3% at gas stations, grocery stores and on dining
- 1.5% on other purchases
Other features
- No foreign transaction fee — Use your card when you travel and pay no foreign transaction fees for purchases converted to U.S. dollars.
- Cellular Telephone Protection — Get up to $1,000 of cell phone protection against damage, theft, or unintended separation. Subject to a $25 deductible.
- Trip Cancellation and Interruption Protection — Receive reimbursement for the nonrefundable cost of your common carrier fare if your trip is canceled or interrupted for a covered reason.
- Auto Rental Collision Damage Waiver — Pay for rental transactions with your eligible credit card and receive reimbursement of up to $50,000 if covered damage to or theft of your eligible rental vehicle occurs.
- Travel Accident Insurance — Get Travel Accident Insurance protection of up to $1,000,000 when you purchase your airline or other common carrier tickets with your eligible credit card.
- Automatic Silver — With Silver Member Prices, get savings of 15% or more on over 10,000 hotels worldwide.
- Unlock Gold when you spend $15,000 per calendar year.
- Use OneKeyCash to pay for eligible bookings on Expedia, Hotels.com and Vrbo.
Additional Notes
OneKeyCash is not redeemable for cash and can only be used on Expedia, Hotels.com and Vrbo. Offers may differ from time to time and depend on the marketing channel. You may not be eligible for introductory annual percentage rates, fees and/or rewards bonus offers if you opened a One Key, One Key+, or Hotels.com Card within the last 48 months from the date of the application even if that account is closed and has a $0 balance. You may not be eligible for this product if you currently have an open One Key or One Key+ Mastercard or Hotels.com Visa Signature account.