Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +No annual fee keeps costs at zero
• +Unlimited 1.5% cash back on all purchases with no caps or rotating categories
• +No foreign transaction fees saves 3% on international purchases
• +5% back on hotels booked through Capital One Travel portal
• +Low $500 spend requirement for welcome bonus is easy to meet

• +$100 annual OneKeyCash renewal credit offsets the $0 annual fee (net positive value)
• +Strong 3% earning on dining, groceries, gas, and Expedia Group bookings
• +Solid 2% base earning on all other purchases
• +No foreign transaction fees
• +Automatic Gold status with One Key program

Cons

• −1.5% flat rate is lower than category-specific cards offer in their bonus categories
• −No transfer partners for airline or hotel loyalty programs
• −Lacks premium travel protections like trip delay or primary rental car insurance
• −Welcome bonus amount is modest compared to premium travel cards
• −No bonus categories for everyday spending like dining or groceries

• −OneKeyCash is not redeemable for cash - only usable on Expedia, Hotels.com, and Vrbo
• −No transfer partners - locked into Expedia Group ecosystem
• −Booking through OTAs means missing out on hotel elite benefits and direct booking perks
• −No lounge access or premium travel protections
• −Relatively new program with less established value compared to Chase/Amex

Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +No annual fee keeps costs at zero
• +Unlimited 1.5% cash back on all purchases with no caps or rotating categories
• +No foreign transaction fees saves 3% on international purchases
• +5% back on hotels booked through Capital One Travel portal
• +Low $500 spend requirement for welcome bonus is easy to meet

• +$100 annual OneKeyCash renewal credit offsets the $0 annual fee (net positive value)
• +Strong 3% earning on dining, groceries, gas, and Expedia Group bookings
• +Solid 2% base earning on all other purchases
• +No foreign transaction fees
• +Automatic Gold status with One Key program

Cons

• −1.5% flat rate is lower than category-specific cards offer in their bonus categories
• −No transfer partners for airline or hotel loyalty programs
• −Lacks premium travel protections like trip delay or primary rental car insurance
• −Welcome bonus amount is modest compared to premium travel cards
• −No bonus categories for everyday spending like dining or groceries

• −OneKeyCash is not redeemable for cash - only usable on Expedia, Hotels.com, and Vrbo
• −No transfer partners - locked into Expedia Group ecosystem
• −Booking through OTAs means missing out on hotel elite benefits and direct booking perks
• −No lounge access or premium travel protections
• −Relatively new program with less established value compared to Chase/Amex

Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +No annual fee keeps costs at zero
• +Unlimited 1.5% cash back on all purchases with no caps or rotating categories
• +No foreign transaction fees saves 3% on international purchases
• +5% back on hotels booked through Capital One Travel portal
• +Low $500 spend requirement for welcome bonus is easy to meet

• +$100 annual OneKeyCash renewal credit offsets the $0 annual fee (net positive value)
• +Strong 3% earning on dining, groceries, gas, and Expedia Group bookings
• +Solid 2% base earning on all other purchases
• +No foreign transaction fees
• +Automatic Gold status with One Key program

Cons

• −1.5% flat rate is lower than category-specific cards offer in their bonus categories
• −No transfer partners for airline or hotel loyalty programs
• −Lacks premium travel protections like trip delay or primary rental car insurance
• −Welcome bonus amount is modest compared to premium travel cards
• −No bonus categories for everyday spending like dining or groceries

• −OneKeyCash is not redeemable for cash - only usable on Expedia, Hotels.com, and Vrbo
• −No transfer partners - locked into Expedia Group ecosystem
• −Booking through OTAs means missing out on hotel elite benefits and direct booking perks
• −No lounge access or premium travel protections
• −Relatively new program with less established value compared to Chase/Amex