Wells Fargo One Key+™ Card* vs. Wells Fargo One Key™ Card*
If you want to earn OneKeyCash on your purchases without worrying about getting enough value to offset an annual fee, consider the no annual fee One Key Card instead. The rewards potential from both cards are similar, including elevated rewards categories, rewards rates and redemption options. The main difference is that the One Key+ Card earns 2% on all other purchases while the One Key card only earns 1.5%. To put that into context, you’d need to spend $19,800 a year in nonbonus categories for the extra rewards on the One Key+ card to equal the annual fee (not factoring in any additional rewards you earn from status in the regular One Key Rewards program).
The two cards have similar trip protections and cellphone protection, so the main difference in benefits are the $100 anniversary credit—which essentially cancels out the annual fee but doesn’t provide additional value beyond that—the TSA PreCheck/Global Entry credit and the different One Key Rewards status tier benefits. If you find the latter two perks valuable, the One Key+ Card might be worth it. Otherwise, get the One Key card and skip the annual fee altogether.
Wells Fargo One Key+™ Card* vs. Chase Sapphire Preferred® Card
It’s hard to talk about a travel-focused card without comparing it to one of the top travel cards on the market, the Chase Sapphire Preferred® Card. The $95 annual fee Chase Sapphire Preferred® Card earns 5 points per dollar on travel purchased through Chase Travel℠, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on other purchases. It comes with numerous travel perks and protections, including a $50 statement credit for Chase Travel hotel bookings each account anniversary, trip cancellation/interruption insurance, auto rental collision damage waiver, baggage delay insurance and trip delay reimbursement. The card offers anniversary bonus points equal to 10% of your total spending the previous year, so if you spent $10,000, you’ll earn 1,000 bonus points.
More importantly, the Sapphire Preferred is much closer to a true travel card in terms of rewards redemption. You can transfer points to Chase’s hotel and airline partners at a 1:1 ratio or redeem them for travel through the Chase Travel portal for 25% more value. You can also redeem your rewards for cash back, gift cards and other non-travel options.
Wells Fargo One Key+™ Card* vs. Citi Strata Premier℠ Card
If you like the One Key+ Card’s rewards categories but want a more flexible travel card, the Citi Strata Premier℠ Card is a close match. The Citi Strata Premier earns 10 points per dollar spent on hotels, car rentals and attractions booked on CitiTravel.com, 3 points per dollar on restaurants, supermarkets, gas & EV stations, air travel and other hotel purchases and 1 point per dollar on all other purchases. The card has a $95 annual fee.
Like the Chase Sapphire Preferred® Card, the Citi Strata Premier has access to hotel and airline transfer partners and travel protections, including trip delay protection, common carrier trip cancellation and interruption protection, lost or damaged luggage protection and more. You’ll also get $100 off a single hotel stay of $500 or more (excluding taxes and fees) booked through CitiTravel.com each calendar year.