- Intro offer:10,000 Bonus Points
- Annual fee:$95
- Regular APR:27.74% Variable
- Recommended credit score:580-740 (Fair to Good)
Earn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel partner site. Earn 5x points on eligible travel, dining, and gas. Earn 1x points on all other purchases.
- Available to users with fair/good credit
- Get pre-qualified online
- Welcome offer
- $95 annual fee
- High ongoing APR
- Other cards have more flexible ways to earn travel rewards
Additional Card Details
- Get 10,000 bonus points after spending $1,000 within 90 days of account opening
- No foreign transaction fees
- Free access to your Experian credit score
- Customizable account notifications
- Automatic account reviews for credit line increase opportunities
- Redeem points for statement credits, gift cards, or travel
Credit One Bank Wander Card Full Review
The Credit One Bank Wander® Card is a rewards credit card geared toward travelers. It’s also an accessible card option for people with fair or good credit, so you can use it to improve your credit score with good credit habits as you earn rewards on your spending.
You’ll pay a $95 annual fee to carry the Credit One Bank Wander Card.
With the Credit One Bank Wander Card, you can earn 10,000 bonus points after spending $1,000 on eligible purchases within 90 days of account opening. That’s worth $100 in statement credits, gift cards, or travel.
This card offers rewards in a few different bonus categories:
- 10x points on eligible hotels and car rentals booked through Credit One Bank’s travel site
- 5x points on eligible travel, dining, and gas
- 1x points on all other purchases.
You can redeem your points for statement credits, gift cards, merchandise, flights, hotels, and more via Credit One.
If you carry a balance, you’ll pay a variable APR of 27.74%. And if you use it to get cash at an ATM, you’ll pay a 5% (minimum $10) cash advance fee. There’s no foreign transaction fee for purchases you make abroad.
Other fees to watch out for include a late payment fee and a return payment fee, both of which can be up to $39.
The Credit One Bank Wander Card doesn’t offer an abundance of perks, but that’s pretty common among cards for fair credit users. You’ll get pretty standard perks like free access to your Experian credit score and customizable account notifications.
Credit One Bank also promises automatic account reviews to check if you qualify for credit line increase opportunities over time.
Benefits of Credit One Bank Wander Card
The Credit One Bank Wander Card can be a good option if you want to earn rewards points on your purchases while building your credit over time through responsible use — especially if you don’t already have the excellent credit required to qualify for other rewards credit cards. You can also see if you prequalify online before applying, without a hard inquiry on your credit report.
If you’re unsure whether you’ll get approved for the Credit One Bank Wander Card, you can see if you pre-qualify online without a hard inquiry on your credit report.
We like the fact that the bonus categories include common spending categories, but to get the highest points rewards on hotels and car rentals, you will need to book through Credit One. Just make sure the bonus categories this card offers align with your frequent spending or upcoming travel plans before you apply.
Drawbacks of Credit One Bank Wander Card
The main downside of the Credit One Bank Wander Card is its high fees. You’ll have to pay $95 per year just to have this card, and you’ll pay a high variable APR of 27.74% if you carry a balance. Before you apply, evaluate your spending to make sure you’ll earn enough in rewards to outpace the annual fee cost.
If you’re looking primarily to build credit, a credit-building option like the Petal® 2 “Cash Back, No Fees” Visa® Credit Card issued by WebBank or Capital One QuicksilverOne Cash Rewards Credit Card can offer more general rewards with much lower fees. If you already have excellent credit and you’re interested in this card for its rewards, you’ll get many more travel benefits for a similar price with another rewards card like the Capital One Venture Rewards Credit Card or Chase Sapphire Preferred® Card.
How to Use the Credit One Bank Wander Card
Since the Credit One Bank Wander Card charges a very high APR, the most important thing you can do is only charge purchases you can afford to pay off each month. Not only can this help you avoid high-interest debt, but by paying your balances in full and on time each month, you’ll establish a solid payment history. This helps show lenders you can use credit responsibly, so you can qualify for financial products with better terms in the future.
And to maximize your value, make sure you use your card for any purchases that fall within bonus categories. If it’s within your regular budget, you can also make sure to spend at least $1,000 within the first 90 days to get the 10,000-point welcome bonus.
Credit One Bank Wander Card Compared to Other Cards
Credit One Bank Wander® Card
Is the Credit One Bank Wander Card Right for You?
The Credit One Bank Wander Card offers unique rewards for travelers, as well as everyday spending like dining and gas. Because it’s available to applicants with fair credit, it can also be a great tool for building your credit score while earning rewards.
But its annual fee in exchange for relatively few benefits is a major drawback, and there’s probably a better option for your spending.
If you already have at least a “good” credit score (about 670 or higher), you could probably qualify for a better rewards card with lower fees. There are more valuable travel rewards credit card options with better benefits for similar or lower annual fees. Even if you don’t have good credit, consider other credit cards for poor or fair credit that don’t charge an annual fee and have rewards programs that can bring even more value to your everyday spending.
Frequently Asked Questions (FAQ)
What is the credit limit for the Credit One Bank Wander Card?
According to the card’s terms and conditions, the minimum credit line for the Credit One Bank Wander Card is $500.
Does the Credit One Bank Wander Card have an annual fee?
The Credit One Bank Wander Card charges a $95 annual fee.
Who issues the Credit One Bank Wander Card?
The Credit One Bank Wander Card is issued by Credit One Bank.
What credit score do you need for the Credit One Bank Wander Card?
This card is geared to consumers with fair credit. You can also pre-qualify online without a hard inquiry on your credit report. This option makes it easy to gauge your approval odds before you actually submit your application.