Wells Fargo One Key™ Card* vs. Wells Fargo One Key+ Card*
The Wells Fargo One Key+ Card* is the upgrade to the One Key Card. In exchange for a $99 annual fee, you get a higher welcome bonus with a larger spend requirement and a slightly higher base rewards rate on all purchases—2% instead of 1.5%. The bonus rewards categories and rates are the same as the One Key Card.
The One Key+ Card has many of the same benefits as the One Key Card plus some additional benefits like automatic Gold status (instead of Silver) and a path to Platinum tier after spending $30,000 on the card each calendar year. Cardholders can also get a credit for TSA PreCheck® or Global Entry application fees every four years and $100 in OneKeyCash each cardholder anniversary.
If you plan to use the One Key+ card for spending outside the bonus rewards category, or if you value any of the additional card benefits, the One Key+ card might be a worthwhile upgrade to the no annual fee One Key card.
Wells Fargo One Key™ Card* vs. Bilt World Elite Mastercard®
The no annual fee Bilt World Elite Mastercard®’s (rates & fees) main feature is the ability to earn points on rent, but it’s actually an excellent no annual fee travel card in its own right. You’ll earn 1 point per dollar on rent payments without the transaction fee (on up to 100,000 points each calendar year), 3 points per dollar on dining, 2 points per dollar on travel (when booked through the Bilt Travel Portal or directly with an airline, hotel, car rental or cruise company), and 1 point per dollar on other purchases. Unlike the One Key Card, you have multiple options for redeeming your rewards, including booking travel through the Bilt travel portal, a credit toward rent and 1:1 transfers to hotel and airline partners.
The Bilt Mastercard also comes with benefits like trip cancellation and interruption protection and cellphone protection. Like the One Key Card, it has no foreign currency conversion fees.
Although the Bilt Mastercard has a lower rewards rate on many categories compared to the One Key Card, it’s much closer to a true travel card. In addition to being more flexible to redeem, rewards on the Bilt Mastercard can potentially have much higher value than OneKeyCash thanks to the opportunity to get outsized value from Bilt Rewards travel partner redemptions.
Wells Fargo One Key™ Card* vs. Capital One VentureOne Rewards Credit Card
The Capital One VentureOne Rewards Credit Card (rates & fees) is another popular no annual fee travel card option. You’ll earn 5 miles per dollar on hotels and rental cars booked through Capital One Travel and 1.25 miles per dollar on every other purchase. You can redeem your rewards for statement credit against past travel purchases, new travel through Capital One Travel or transfers to Capital One’s hotel and airline partners, among other options.
The card comes with benefits like extended warranty protection and auto rental insurance.
If you like to book your hotels and rental cars through a travel portal but aren’t picky about which one, the 5 miles per dollar you’ll earn on hotels and rental cars booked through Capital One Travel with the VentureOne card may be more lucrative than the 3% OneKeyCash you’ll earn on Expedia, Hotels.com and Vrbo bookings with the One Key Card. And as is the case with the Bilt Mastercard, the rewards you’ll earn with the VentureOne card are both more flexible and potentially more valuable if you utilize the card’s transfer partners to their full potential.