Wells Fargo
One Key Card
Estimated value every year on typical spending
$333/ year
Every year, after the annual fee. Year one adds a $250 welcome bonus: $583
Based on a typical ~$2,600/month of spending. Points valued conservatively; confirm terms with the issuer.
Carry a balance? At 20%+ APR, interest usually costs more than any card earns.
Is it worth it?
With no annual fee, the Wells Fargo One Key Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $333 a year on typical spending. The welcome bonus adds roughly $250 in the first year.
Its rewards are OneKeyCash, which only spend with one merchant, so we count them at 50% of face value.
The fine print
- Intro APR
- Not applicable
- Regular APR
- Not listed
- Foreign fee
- None
- Rewards paid as
- OneKeyCash · counted at half value
- Approval
- Good credit recommended
- Redeem for
- Airline/hotel bookings · Loyalty program transfers · Gift cards
Rewards
- 3% in OneKeyCash on Expedia, Hotels.com, and Vrbo
- 3% at gas stations, grocery stores, and dining
- 1.5% on other purchases
Sign-up bonus
$250 in OneKeyCash after you spend $2,000 on purchases in the first 3 months
Best for
- Travelers who redeem points
- Keeping costs at $0
Not ideal for
- Anyone who doesn't shop there often (rewards are OneKeyCash, so we count them at half value)
- People who want plain cash back
Trade-offs: Better travel value ↔ less straightforward than cash back; No annual fee ↔ lower category bonuses.
Worth knowing
- Annual fee
- $0
- Intro APR
- Not applicable
- Regular APR
- Not listed
- $500/mo on groceries earns about $90/year (1.5x).
- $1200/mo on everyday spending earns about $108/year (0.75x).
Offer history
No changes to the fee, welcome offer or intro APR since we started checking this card daily on Oct 26, 2026.
One Key Card: questions people ask
Is the Wells Fargo One Key Card worth it?
With no annual fee, the Wells Fargo One Key Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $333 a year on typical spending. The welcome bonus adds roughly $250 in the first year.
What is the Wells Fargo One Key Card annual fee?
The Wells Fargo One Key Card has no annual fee ($0).
What is the Wells Fargo One Key Card welcome bonus?
$250 in OneKeyCash after you spend $2,000 on purchases in the first 3 months. We value it at about $250. We check the issuer's page daily; it hasn't changed since we started tracking on Oct 26, 2026.
What does the Wells Fargo One Key Card earn?
3% in OneKeyCash on Expedia, Hotels.com, and Vrbo. 3% at gas stations, grocery stores, and dining. 1.5% on other purchases.
What credit score do you need for the Wells Fargo One Key Card?
The issuer doesn't say; we'd class it as: good credit recommended. Checking your matches on CardFit never runs a credit check.
Does the Wells Fargo One Key Card charge foreign transaction fees?
No. The Wells Fargo One Key Card has no foreign transaction fee.
Similar cards
- ChaseAir Canada Aeroplan Card$408/yr · $195 fee
- ChaseChase Sapphire Preferred Credit Card$561/yr · $95 fee
- American ExpressDelta SkyMiles Gold American Express Card$404/yr · $150 fee
- ChaseIHG One Rewards Premier Credit Card$540/yr · $150 fee
Card details are collected from issuer websites and were last refreshed October 29, 2026. Source: Wells Fargo product page. Terms change often; confirm them with the issuer before you apply.