One Key+ Mastercard
Wells Fargo$99 a yearWorld Elite MastercardNo foreign transaction feeIssuer's page
Wait for a bigger offer if you can: a higher one ran recently.
Already have it? Keep it.
Welcome bonus
$350
after $3,000 in purchases in the first 3 months
Lower than the $600 offer we last recorded in August 2026.
1/6 Rule, 5/24 Rule and 2 more. Am I eligible?
A typical spender, at Miles' point values.
| First-year value | Amount |
|---|---|
| Welcome bonus$350 cash | $350 |
| Rewards above a 2% no-fee cardvs Double Cash, on $32,500 typical spend | +$84 |
| Credits you'll likely useof $130 face value | +$91 |
| Annual fee | −$99 |
| Meeting the $3,000 minimumearns 1.8% here vs 2% on Double Cash | −$6 |
| First year | $420 |
| Each year after | +$211 |
Not counted in the first year: protections (each year after counts them).
Earning
| Rate | Category | Return |
|---|---|---|
| 3X | Grocery Stores | 2.7% |
| 3X | Dining | 2.7% |
| 3X | Gas stations and EV charging stations | 2.7% |
| 3X | Expedia, Hotels.com, Vrbo | 2.7% |
| 2X | Everything else | 1.8% |
Noteworthy perks
- OneKeyCash Anniversary Bonus$100 a year
- Global Entry/TSA PreCheck$30 a year
Personal card · Earns One Key (Expedia, Hotels.com, VRBO)
Benefits
Credits & Perks (2)
- Global Entry/TSA PreCheck: $120 (Every 4 Years)
Covers application fee. Credit applies automatically when charged to card.
- OneKeyCash Anniversary Bonus: $100 (Annual Cardmember Year)
$100 in OneKeyCash on cardholder anniversary when you renew
Elite status (2)
- One Key (Expedia Group): Gold
- One Key (Expedia Group): Platinum
Protections (4)
- Travel Accident Insurance, up to $1,000,000, $1,000,000 Worldwide Automatic Common Carrier Travel Accident Insurance
- Trip Cancellation/Interruption, up to $5,000, Up to $5,000 per covered person per trip, $20,000 per account per 12-month period
- Auto Rental Collision Damage Waiver (primary), up to $50,000, Up to $50,000 for collision damage and theft (primary coverage, except NY residents)
- Cell Phone Protection, up to $1,000, Up to $1,000 per claim, 2 claims per year ($2,000 max) with $25 deductible. Excludes cosmetic damage.
Other Perks
- One Key Price Drop Protection on select flights in Expedia app
- Mastercard Concierge: 24/7 personal concierge service
- Mastercard Travel and Lifestyle Services
Sources and methodology
First-year value is Miles' estimate for a typical spender: the welcome bonus at Miles' point values, plus the rewards this card earns above the best no-annual-fee card's everyday rate on a typical year of spending, plus credits at the share a typical holder uses rather than their face value, plus any certificate or free night earned in that year, minus the first-year fee and the cost of putting the minimum spend on this card instead of that one.
Lounge access, elite status, other benefits, purchase and travel protections, and a certificate or free night that arrives on the card's anniversary are listed beside the first-year figure, not in it. Each year after counts them, with the rewards and credits, less the annual fee. A credit or benefit that needs a spend or a stay counts only where its condition is printed beside it, and credits gated on spend most people never reach are left out.
The fee, offer, earning rates, credits and protections come from the card's record in the Miles dataset, kept against the issuer's own terms. The verdict line is chosen from a fixed set of sentences by Miles' analysis of the offer and the card; nothing on this page is written by hand for one card.
Recent changes
- changed from null to One Key+Oct 8, 2026
- changed from $600 OneKeyCash after $3K spend in first 3 months to $350 OneKeyCash after $3K spend in first 3 monthsAug 30, 2026
- changed from null to 3000Aug 13, 2026
- changed from null to 90Aug 13, 2026
- changed from OneKeyCash to One Key (Expedia, Hotels.com, VRBO)Jul 26, 2026