One Key® Card from Wells Fargo: annual fee, APR and rewards

Fact sheet for the One Key® Card, issued by Wells Fargo, with no annual fee and points. Every detail below comes from the issuer’s pricing and terms pages, checked on the date shown at the end of the page.

Issuer	Wells Fargo
Network	Mastercard
Annual fee	$0
Rewards	Points: 3% in OneKeyCash on Expedia, Hotels.com and Vrbo; 3% at gas stations, grocery stores and on dining; 1.5% on other purchases
Purchase APR	18.74%, 23.74%, or 28.74%, based on your creditworthiness. This APR will vary with the market based on the U.S. Prime Rate.
Balance transfer fee	Up to 5% for each balance transfer, with a minimum of $5
Sign-up bonus	Earn $250 in OneKeyCash after you spend $2,000 on purchases in the first 3 months
Foreign transaction fee	None
Credit level	Excellent, Good (tiers the issuer reports to the CFPB)

What new cardholders actually got

In the CFPB's Terms of Credit Card Plans survey for July to December 2025, new accounts on this card got a median purchase APR of 28.49%, with a range of 18.49% to 28.49%. The advertised range above is what the issuer offers today; the survey shows where approved applicants landed.

Source: Consumer Financial Protection Bureau, Terms of Credit Card Plans survey.