Capital One Venture X Rewards Credit Card vs One Key+ Card

A detailed side-by-side comparison to help you choose the right card for your spending.

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Capital One Venture X Rewards Credit Card

Capital One

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One Key+ Card

Wells Fargo

Annual Fee

$395

Welcome Bonus

75,000 Flex point

25,000 Misc Travel

Base Earn Rate

—

Top Earn Categories

10X Hotels

10X Car Rentals

10X Car Rentals Capital One

5X Flights

3X Expedia Hotels Vrbo

3X Hotels Com

3X Gas Stations

3X Grocery Stores

Network

VISA

MASTERCARD

Key Benefits

✓Lounge access

✓Travel insurance

✓Global Entry credit

✓Purchase protection

None

Pros

+Effective $95 annual fee after $300 travel credit and 10,000 anniversary miles (~$100 value)
+10X miles on hotels and rental cars booked through Capital One Travel
+Access to premium Capital One Lounges in Dallas, Denver, and Washington D.C.
+Priority Pass Select membership with 1,300+ lounges worldwide
+Free authorized users (until Feb 2026, then $125/year for lounge access)

+$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

−$395 annual fee requires maximizing credits to get value
−10X earning rate requires booking through Capital One Travel portal
−Guest lounge access changing to $35/guest at Priority Pass after Feb 2026
−No airline transfer bonuses unlike some competitors
−Travel credits only work for Capital One Travel bookings

−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

The Bottom Line

The One Key+ Card has a lower annual fee ($0 vs $395), making it the more accessible option.

The Capital One Venture X Rewards Credit Card justifies its higher fee with premium perks like lounge access.

Explore More

Capital One Venture X Rewards Credit Card — Full Review All Capital One Cards

One Key+ Card — Full Review All Wells Fargo Cards

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Capital One Venture X Rewards Credit Card vs One Key+ Card

A detailed side-by-side comparison to help you choose the right card for your spending.

No image