Expedia Launches Credit Cards to Complement Loyalty Program

Expedia Group said Friday (July 12) that it will launch two new co-branded credit cards designed to complement its loyalty program, One Key.

The new cards — the One Key Card and the One Key+ Card — will result from the online travel platform’s new multiyear agreement with Wells Fargo and Mastercard, the companies said in a Friday press release.

Both cards will start accepting applications from U.S. customers later this summer, according to the release.

“As we celebrate one year of One Key launching in the U.S., we are excited to offer travelers the new One Key credit cards, further delivering on our mission to make travel more rewarding and flexible, and helping travelers achieve higher tiers for more rewards, faster,” Katrina Lane, senior vice president, traveler engagement and loyalty at Expedia Group, said in the release.

The One Key Cards will enable travelers to earn rewards as OneKeyCash, which can be used to book eligible hotels, vacation rentals, car rentals, activities and flights across the Expedia Group platforms Expedia, Hotels.com and Vrbo, according to the release.

In addition, One Key cardholders will instantly be upgraded to a higher tier in the One Key loyalty program, unlocking additional savings on hotels, priority travel support and in-stay perks at select properties, the release said.

Krista Phillips, executive vice president, head of consumer credit cards and consumer lending marketing at Wells Fargo, said in the release: “The program is uniquely designed to offer immediate value to our customers through instant discounts, enhanced perks and accelerated rewards.”

The launch of these cards comes as consumers are continuing to prioritize experiences like travel over material goods, Chiro Aikat, co-president, U.S., at Mastercard, said in the release.

“With the launch of both One Key Cards, we’re helping consumers make the most of their trips through enhanced loyalty benefits and choice,” Aikat said.

Expedia Group unveiled One Key in July 2023, saying that the loyalty program rewards travel and hospitality businesses across the company’s portfolio and allows travelers to earn and use rewards more easily than ever before.

The company said at the time that its combined loyalty programs had more than 168 million members and provided over $10 billion in travel savings.

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