Chase IHG One Rewards vs Wells Fargo One Key Card
Both cards valued on the same spending, after fees. Year 1 against every year after shows which one keeps its value once the welcome bonus is gone.
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On a family's spending: Year 1 goes to Chase IHG One Rewards, every year after to Wells Fargo One Key Card, and 3 years to Wells Fargo One Key Card. Compare them on your own spending
All values are after each card's annual or monthly fee, and foreign transaction fees when you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime or Instacart+) aren't included.
Rates, fees and offers are set by the issuer and may change. Check the issuer's terms before you apply. We don't estimate approval odds.
Values for points and miles are estimates based on published redemption valuations; actual value depends on how you redeem.
3-year value on each preset
after fees, points at their cash value. "~" marks estimates.
| Spending | Chase IHG One Rewards | Wells Fargo One Key Card | Ahead |
|---|---|---|---|
| Student | ~$1,344 | $1,030 | Chase IHG One Rewards |
| Couple | ~$2,170 | $2,224 | Wells Fargo One Key Card |
| Family | ~$2,590 | $2,842 | Wells Fargo One Key Card |
| Frequent traveller | ~$2,869 | $3,020 | Wells Fargo One Key Card |
| Big spender | ~$4,910 | $5,844 | Wells Fargo One Key Card |
Frequently asked questions
Which is better, Chase IHG One Rewards or Wells Fargo One Key Card?
Over 3 years, Chase IHG One Rewards comes out ahead on 1 of 5 spending presets and Wells Fargo One Key Card on 4. On a family's spending ($3,350 a month), Year 1 goes to Chase IHG One Rewards and every year after to Wells Fargo One Key Card.
Why can the winner change after year 1?
Year 1 includes welcome bonuses and first-year fee waivers. From year 2 only rewards on spending, ongoing credits and the full annual fee count, so a card with a bigger bonus can fall behind.
Sources
Estimates for information only; not financial advice. See how cards are ranked.