Wells Fargo
One Key+™ Card
Key Features
| Annual Fee | $99.00 |
| Network | Mastercard |
About this card
The One Key+ Card presents a mixed value proposition. Its strengths lie in the decent rewards program, particularly the 3% earnings on travel through Expedia, Hotels.com and Vrbo, as well as on gas, groceries and dining. The $350 sign-up bonus is also a plus. However, the $99 annual fee is a significant drawback that reduces the card's overall appeal. Redemption options limited to Expedia, Hotels.com and Vrbo further constrain its value. The travel perks like no foreign transaction fees and travel insurance are beneficial, but the missing APR information is concerning, making it difficult to assess the true cost of carrying a balance. The card is best suited for individuals who frequently book travel through Expedia, Hotels.com and Vrbo and can offset the annual fee with their spending. However, for those who prefer more flexible redemption options or are not frequent travelers with Expedia, Hotels.com and Vrbo, there are better alternatives. Due to the significant drawbacks of the annual fee and redemption restrictions, the card receives an overall rating of 2.8. Strengths include solid rewards in specific categories, a decent sign-up bonus, and travel perks. Weaknesses include the annual fee, limited redemption flexibility, and unknown APR.
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate on some travel, gas and grocery purchases
- No foreign transaction fees
- Automatic Gold With Gold Member Prices
- Statement credit for a Trusted Traveler Program
- Travel and purchase protection
Things to consider
- Annual fee
- Rewards limited to specific travel sites
- High spending requirement for Platinum Status
What this card offers
Sign-up bonuses
- Earn $350 in OneKeyCash after you spend $3,000 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
- 2% on other purchases
Other features
- Automatic Gold With Gold Member Prices, get savings of 20% or more on over 10,000 hotels worldwide.
- Unlock Platinum when you spend $30,000 per calendar year.
- Get $100 in OneKeyCash each year upon your Cardholder anniversary
- Receive one statement credit up to $120 for a Trusted Traveler Program, such as Global Entry® or TSA PreCheck®
- 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.
Additional Notes
OneKeyCash is not redeemable for cash and can only be used on Expedia, Hotels.com and Vrbo. 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.