There’s a high-paying travel card that you might not know about yet, but after a recent update, it should definitely be on your radar.
The Credit One Bank® Wander® card allows cardholders to earn up to 10 points per dollar spent on qualifying hotel stays and car rentals booked through the issuer’s travel partner. And with added features like zero fraud liability and free online access to your credit score every month, you don’t have to worry about sacrificing your credit health while earning travel rewards.
For those looking to travel internationally, the Wander Card also comes with no foreign transaction fees.
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Read on to learn all about Credit One Bank’s new Wander card.
New cardholders can earn 10,000 bonus points after opening a new account and spending $1,000 on qualifying purchases with their new card within the first 90 days. Rewards points can be redeemed for statement credit, gift cards or travel at a rate of one cent per point.
That’s $100 worth from the sign-up bonus alone — and with a $95 annual fee, the card essentially pays for itself in the first year. Plus, you’ll also earn points on your $1,000 of qualifying purchases.
The earning potential doesn’t stop once you reach the minimum required to earn the sign-up bonus – that’s just the beginning.
Bonus spend categories
The Wander Card is truly a credit card designed for travelers and has the bonus categories to prove it. Here is a breakdown of the earn rates on purchases with the card:
- 10 points per dollar on eligible hotels and car rentals booked through travel partner site Credit One Bank.
- 5 points per dollar on other eligible travel such as flights, meals and gas.
- 1 point per dollar on all other purchases.
This essentially gives you at least a 5% return on all travel purchases, restaurant expenses, and gas fill-ups. But if you book your hotels and car rentals through a Credit One Bank travel partner, your return rate on those purchases jumps to 10%.
Treat your spending on this card as a down payment for future travel – get rewarded for using your card for travel purchases now, then use those rewards later for another trip.
As mentioned earlier, you can redeem your Wander Card points at a rate of 1 cent per point for a variety of rewards. But how much can you get?
As a hypothetical, let’s say you apply for the card today and spend the $1,000 to earn the 10,000 point sign-up bonus. Then, at the end of your first year of card membership, you have spent the following:
- $500 in hotels and car rentals booked through Credit One Bank’s travel partner.
- $2,000 in other travel purchases.
- $2,000 in restaurant purchases.
- $1,000 in gasoline purchases.
- $5,000 on all other purchases.
When you include the sign-up bonus, that means you’d earn a grand total of 45,000 points in that hypothetical year – which can then be redeemed for $450 in gift cards, statement credits, or future purchases of trips.
In addition to being a solid credit card for earning and redeeming travel rewards, the Wander Card offers additional benefits and protections for Credit One Bank consumers.
Cardholders enjoy free online access to their credit score each month as well as zero fraud liability to protect against unauthorized charges. You’ll also get travel accident insurance for added safety on the road, and when you swipe the card outside the US, you pay no foreign transaction fees.
Finally, you can easily manage your account from anywhere with the Credit One Bank mobile app.
At the end of the line
Credit One Bank’s Wander Card is a high-paying rewards card redesigned with travelers in mind. New cardholders can earn 10,000 bonus points after spending $1,000 on the card in the first 90 days, worth $100 (which more than covers the card’s $95 annual fee) .
Points can be redeemed for statement credits, gift cards and travel.
Cardholders will earn bonus points on travel-related purchases, including 10 points per dollar spent on eligible hotel and car rental bookings booked through travel partner site Credit One Bank and 5 points per dollar on meals, gas and other eligible travel purchases.
The card also comes with zero fraud liability, free online access to your credit score each month, and travel accident insurance.
If you’re looking for a rewarding new card to add to your wallet, consider Credit One Bank’s new Wander Card.
For more information and rates and fees, click here.