All information about the One Key+™ Card has been collected independently by CardCritics™
One Key+™ Card Review
-
Written by
Karen Doyle
-
Edited by
Emily Gadd
The One Key+™ Card from Wells Fargo is a Mastercard that offers perks and rewards, especially for frequent travelers who book their accommodations through Expedia, Hotels.com and Vrbo. The card offers OneKeyCash rewards on all purchases that can be redeemed on these sites.
Intro Bonus
$400 Earn $400 in OneKeyCash™ after you spend $3,000 on purchases in the first 3 months. OneKeyCash is not redeemable for cash and can only be used on Expedia®, Hotels.com® and Vrbo®. To learn more, please refer to the One Key Terms and Conditions at www.expedia.com/one-key-terms.
Rewards
2% – 3% Earn 3% in OneKeyCash on Expedia, Hotels.com, and Vrbo, 3% in OneKeyCash at gas stations, grocery stores, and on dining and 2% in OneKeyCash on other purchases.
Purchase and Balance Transfer APR
19.24%, 24.24%, or 29.24% Variable APR
Recommended Credit Score
Excellent/Good
670 – 850*
Annual Fee
$99
CardCritics™ Opinion
This card rewards consumers who frequently use Expedia, Hotels.com and Vrbo with 3% in OneKeyCash on those platforms and other popular spending categories. The lucrative welcome bonus and the 2% OneKeyCash you earn on all other purchases make it easy to rack up rewards quickly.
Our Critical Analysis:
One Key+™ Card
- 3% OneKeyCash on Expedia, Hotels.com, and Vrbo
- 3% OneKeyCash at gas stations, grocery stores and on dining
- 2% OneKeyCash on other purchases
- $100 in OneKeyCash on your cardholder anniversary each year
- Lucrative Welcome Bonus
- Statement credit up to $120 for Global Entry or TSA PreCheck
- Travel benefits
PROS
- $99 annual fee
- OneKeyCash can only be used on Expedia, Hotels.com and Vrbo
- No introductory interest rate
CONS
Rewards
The One Key+ Card offers rewards on every purchase, at varying percentages. But these rewards are not cash back. They come in the form of OneKeyCash, which can only be used when booking travel on Expedia, Hotels.com and Vrbo. If you use these sites and travel frequently, you can earn good rewards with the One Key+ Card.
When you book on Expedia, Hotels.com or Vrbo and pay with the One Key+ Card, you will earn 3% in OneKeyCash.
You will also earn 3% OneKeyCash at:- Grocery stores
- Gas stations
- Restaurants and on food delivery.
On all other purchases, you earn an impressive 2% OneKeyCash.
You will also earn $100 in OneKeyCash on your cardholder anniversary each year.
Welcome Bonus
Earn $400 in OneKeyCash™ after you spend $3,000 on purchases in the first 3 months. OneKeyCash is not redeemable for cash and can only be used on Expedia®, Hotels.com® and Vrbo®. To learn more, please refer to the One Key Terms and Conditions at www.expedia.com/one-key-terms.
Interest Rate
Depending on your creditworthiness, the APR for both purchases and balance transfers on the Wells Fargo One Key+ Card is 19.24%, 24.24%, or 29.24% Variable APR.
There is no introductory interest rate on the One Key+ Card, so all charges are subject to interest if you don’t pay them off before the end of the month.
Rewards Redemption Options
When redeeming OneKeyCash, you can only do so when booking on Expedia, Hotels.com or Vrbo. This is true of all rewards, not just those earned at these sites. There’s no cash back that can be used to reduce your balance.
Travel Benefits
The Wells Fargo One Key+ Card is designed for frequent travelers and offers many benefits designed for those on the move. These include:
- A statement credit of up to $120 when the card is used to pay for a Trusted Traveler Program such as TSA Pre-Check or Global Entry
- No foreign transaction fees for purchases converted to U.S. dollars
- Trip cancellation and interruption insurance up to $5,000
- Auto rental collision damage waiver up to $50,000
- Travel accident insurance coverage up to $1,000,000 when you buy your ticket with your Wells Fargo One Key+ Card.
What Makes the Wells Fargo One Key+ Card Stand Out?
Those who frequently book travel and accommodations with Expedia, Hotel.com and Vrbo can get a lot of value from the Wells Fargo One Key+ Card. The $100 in OneKeyCash you will receive on your cardholder anniversary each year makes the modest annual fee easy to justify.
Is It the Right Card For You?
The Wells Fargo One Key+ Card may be the right fit for you if any of the following apply:
- You frequently use Expedia, Hotels.com and/or Vrbo to book your travel
- You are a frequent traveler
- You pay your balance in full each month
Card Details From Wells Fargo
- Apply Now to take advantage of this offer and learn more about product features, terms and conditions.
- Earn $400 in OneKeyCash™ after you spend $3,000 on purchases in the first 3 months. OneKeyCash is not redeemable for cash and can only be used on Expedia®, Hotels.com® and Vrbo®. To learn more, please refer to the One Key Terms and Conditions at www.expedia.com/one-key-terms.
- Earn 3% in OneKeyCash on Expedia, Hotels.com, and Vrbo, 3% in OneKeyCash at gas stations, grocery stores, and on dining and 2% in OneKeyCash on other purchases.
- $99 annual fee.
- Get Automatic Gold tier in the One Key rewards program with savings of 20% or more with Gold Member Prices 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 fees.
Frequently Asked Questions
What credit score is needed for the One Key+ Card?
The One Key+ Card requires good to excellent credit. Typically a FICO credit score of 670 or above meets this criteria. However, having a credit score of 670 or above does not guarantee approval since other factors are taken into consideration.
Does the One Key+ Card charge an annual fee?
Yes. The One Key+ Card does charge a $99 annual fee. It is important to note that card members receive $100 in OneKeyCash on their cardholder anniversary each year. This perk makes the annual fee easy to justify.
Does the One Key+ Card charge a foreign transaction fee?
No. The One Key+ Card does not charge a foreign transaction fee, making it a great option for spending abroad.
Editorial Note: Any opinions, analyses, reviews or recommendations expressed are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.
*CardCritics™ references a FICO® 8 score, which is one of many different types of credit scores. A financial institution may use a different score when evaluating your application.
