LTO: Expedia One Key Cards Offer Elevated Welcome Bonuses

If you’ve been eyeing an Expedia One Key Card, you’ll be glad to know Wells Fargo is offering elevated welcome bonuses on both cards to celebrate the one-year anniversary of their launch.

Since the Wells Fargo One Key Cards were introduced last year, the welcome bonuses have notably dropped. The new bonuses are perfectly timed for summer travel, providing an opportunity to save hundreds of dollars on upcoming vacation expenses booked through Expedia.

Both cards earn OneKeyCash, which can be redeemed across Expedia, Hotels.com, and Vrbo. You can redeem these rewards for flights, hotels, vacation homes, rental cars, and activities.

The new offer is valid between June 3 and August 5, 2025.

What’s new?

For a limited time, new applicants can earn $400 in OneKeyCash with the no-annual-fee Wells Fargo One Key Card after spending $1,000 in the first three months. That’s a 33% increase from the previous offer of $300 for the same minimum spend. 

Meanwhile, the premium One Key+ Card offers $600 in OneKeyCash after $3,000 in purchases within the first three months, up from the prior $400 offer. That’s a substantial 50% boost in the welcome bonus.

You can easily apply OneKeyCash towards Expedia bookings and continue earning them thanks to the card’s generous reward structure (more on that below).

Wells Fargo One Key Card (no annual fee)

The Expedia One Key Card is great if you want a no-annual-fee card with useful perks like waived foreign transaction fees, travel insurance, and up to 3% OneKeyCash on travel spending.

• New offer: Earn $400 in OneKeyCash after spending $1,000 in the first 3 months.
• Previous welcome bonus: Earn $300 in OneKeyCash after spending $1,000 in the first 3 months.
• Category bonuses:
  • 3% in OneKeyCash on Expedia, Hotels.com, and Vrbo.
  • 3% in OneKeyCash at gas stations, grocery stores, and on dining
  • 1.5% in OneKeyCash on all other purchases
• Travel perks:
  • OneKey Silver status, upgrade to Gold after spending $15,000 per calendar year
  • No foreign transaction fees
• Travel protections:
  • Cell phone protection (up to $1,000)
  • Trip cancellation and interruption (up to $5,000)
  • Auto rental collision damage waiver – primary, except in New York (up to $50,000)
  • Travel accident insurance (up to $1 million)

Wells Fargo One Key+ Card ($99 Annual Fee)

The OneKey+ Card is ideal if you want elevated rewards and travel perks. While it has a $99 annual fee, it also includes an annula $100 travel credit that offsets it  completely. I have this version of the card and use it for grocery spending whenever Citi Prestige isn’t offering me a temporary 5X bonus in this category.

With 2% OneKeyCash on all spending and hotel discounts via OneKey Gold status, this is card provides exceptional value.

• New Offer: Earn $600 in OneKeyCash after spending $3,000 in the first 3 months.
• Previous welcome bonus: Earn $400  in OneKeyCash after spending $3,000 in the first 3 months.
• Category bonuses:
  • 3% in OneKeyCash on Expedia, Hotels.com, and Vrbo.
  • 3% in OneKeyCash at gas stations, grocery stores, and on dining.
  • 2% in OneKeyCash on all other purchases.
• Travel perks:
  • OneKey Gold status, upgrade to Platinum after spending $30,000 per calendar year
  • $100 OneKeyCash every card anniversary
  • Up to $120 Global Entry or TSA Precheck credit
  • No foreign transaction fees
• Travel protections:
  • Cell phone protection (up to $1,000)
  • Trip cancellation and interruption (up to $5,000)
  • Auto rental collision damage waiver – primary, except in New York (up to $50,000)
  • Travel accident insurance (up to $1 million)

You can apply for these cards at expedia.com/one-key-cards-launch.

Note, I don’t have an affiliate relationship with Expedia or Wells Fargo, and will not earn a commission if you apply for these cards.

Are the OneKey cards worth it?

I’ve had my Wells Fargo OneKey+ Card for almost a year and I think it’s worth the $99 annual fee. I got the card when it first came out, so I earned the same elevated welcome bonus that’s currently available. The annual $100 travel credit is great and the rewards are flexible.

While the higher bonus is a nice incentive if you want to save some cash on summer travel, the card offers many perks that make it worth keeping long-term: The generous cash earn rates, perks, and travel protections.

Points and miles are my preferred rewards currency, but they’re becoming increasingly difficult to redeem. Just in the past month, we’ve seen programs like Southwest and All Nippon Airways significantly devalue their award programs. More devaluations are undoubtedly coming as the travel industry continues struggling in a difficult economy.

Having a diversified points portfolio is key to surviving devaluations, and cash-equivalent rewards like Expedia OneKeyCash can be a great way to achieve that.

Also, not everyone wants to get into the intricacies of loyalty programs and travel hacking. It’s nice not to have to think about how much value-per-mile you’re getting or dealing with blackout dates and other restrictions. For people who just want to save money on travel and do it as simply as possible, the Expedia OneKey Card from Wells Fargo is a solid option.

Just in the past year alone, I’ve saved several hundred dollars by taking advantage of the VIP Access discounts. I often stack my Expedia bookings with Rakuten cash back rewards and Amex Offers for extra savings and rewards. 

Final Thoughts

The elevated welcome bonuses on the Wells Fargo OneKey cards are generous and the spending requirements are reasonable. If you’re looking to save money on travel this summer or beyond, these cards are a great way to achieve that. Even beyond the initial welcome bonus, you’ll find these cards provide exceptional value long-term through ongoing perks. 

Overall, it’s been a rewarding card and I’d recommend it if you’re looking for a good welcome bonus and can’t swing a Chase or Amex card due to application restrictions.

If you’ve been thinking about applying for one of these cards, now is the time. These elevated welcome offers expire August 5, 2025.

I want to know your thoughts: Will you apply for an Expedia One Key Card with this elevated welcome bonus?