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Credit One Bank Wander® Card review: Earn travel rewards with fair credit

A rare chance for fair credit cardholders who like to travel to earn rewards

 /  13 min
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Bankrate rating
Rating: 3.2 stars out of 5

Bottom line

This card is one of the best and only travel cards on the market for people with fair credit, with rewards rates rivaling some premium travel cards. However, these perks come at a high price, making the card less than ideal if your main goal is to build credit rather than earn rewards.

Best for travel
  • Cost of membership
    Rating: 1 stars out of 5
    1 / 5
    Ease of building credit
    Rating: 4 stars out of 5
    4 / 5
    Rating: 2 stars out of 5
    2 / 5
    Rating: 5 stars out of 5
    5 / 5
Fair to Good (580 – 740)
Recommended Credit


Intro offer


1X - 10X

Rewards Rate



Annual fee

29.74% Variable

Regular APR

Credit One Bank Wander Card Overview

While it’s far from the best travel credit card out there, the Credit One Wander Card fills a big gap in the travel rewards card market: It’s one of the few travel cards available for people with fair credit. It offers a surprisingly high rewards rate and doesn’t restrict you to earning on specific airlines or hotels. Plus, since it’s an unsecured card, you don’t have to worry about putting money down for a security deposit as you would with a secured card.

On the other hand, for a fair credit card, it comes at a high cost of $95 per year. That’s on par with the cost of some of the best travel and rewards credit cards on the market. The card’s APR is also relatively high, so it could be pricey if you occasionally carry a balance. While the card offers a mix of redemption options, its rewards program flexibility can’t compete with the top travel cards from Chase, American Express and Capital One.

So, while credit-builders may be eager to earn big rewards on travel with the Credit One Wander Card, a lower-cost credit-building card may make more sense for others. 

  • Credit Card Cash Back


    • Earn 10X points on eligible hotels and car rentals booked using the Credit One Bank travel site
    • 5X points on eligible travel, dining, and gas purchases 
    • 1X points on all other purchases

    Expert Appraisal: Exceptional
    See our expert analysis

  • Rewards

    Welcome offer

    • None

    Expert Appraisal: Poor
    See our expert analysis

  • Credit Card Search

    Rates and fees

    • $95 annual fee 
    • Ongoing APR: 29.74 percent variable
    • Up to $39 late payment and returned payment fees
    • 5 percent cash advance fee (minimum $10) 
    • No foreign transaction fees 

    Expert Appraisal: Unimpressive
    See our expert analysis

  • Congrats

    Other cardholder perks

    • Zero fraud liability
    • Flexible payment due date
    • Free credit score access
    • Automatic credit increase opportunities

    Expert Appraisal: Typical
    See our expert analysis

Credit One Wander Card pros and cons


  • Checkmark

    The card has generous rewards rates and isn’t limited to specific hotel or airline brands.

  • Checkmark

    You can get prequalified online without a hard inquiry on your credit report, which is a major plus if you’re not sure you want to apply.

  • Checkmark

    You can qualify for the card with fair credit, which is rare for a travel rewards card.


  • The rewards program and redemption options come with more restrictions than most.

  • The $95 annual fee is very high for a card available to consumers with fair credit.

  • Credit One Bank's rewards travel providers may change, making it hard to plan future redemptions.

Why you might want the Credit One Bank Wander Credit Card

The Credit One Wander Credit Card is a superb choice if you want reward flexibility without having to wait for better credit. Also, you can offset the card’s annual fee thanks to the card’s rewards on everyday expenses, such as gas and dining.

Recommended credit score: An accessible travel card

Since nearly all travel cards require you to have at least good credit for approval, the Credit One Wander Card is a rare find on the market and a boon if you have less than good credit. This is especially true if you spend a lot of time on the road or in hotels, thanks to its elevated rewards rates on eligible hotel and rental car bookings, as well as eligible travel and gas.

Rewards rate: Big on travel and shopping

For a credit card available to consumers with fair credit, the Credit One Bank Wander Card offers very generous rewards rates — perhaps the highest and widest-reaching rates available in a credit-building card category. You can earn 10X points on eligible hotels and car rentals booked using the Credit One Bank travel partner, 5X points on eligible travel, including flights, dining and gas purchases and 1X points on all other purchases.  The card’s rates even rival some premier travel rewards cards on the market, making it a competitive rewards option for frequent travelers who don’t prioritize travel perks like credits for expedited security screening or transferring points to travel partners (neither of which are available with the Wander card).

The Credit One Bank Wander Card also comes with a bonus program called the More Cash Back Rewards Program that lets you earn up to 10 percent more cash back with participating merchants (depending on the terms of the offer). Credit One frequently adds new offers to the program, similar to other issuers’ card-linked offer programs, such as Amex Offers.

Why you might want a different travel card

While the rewards rate and accessibility of this card are great, the $95 annual fee still stings because of the lack of card benefits. Plus, redeeming the points you earn with this card can be challenging because of its redemption limitations.

Annual fee: A bit high 

The Credit One Bank Wander Card charges a $95 annual fee, which is higher than what you'd find on many credit cards for fair credit (some cards charge no fees at all) or travel cards without premium benefits. This fee is worth factoring into your budget ahead of time since it can potentially offset a sizable chunk of your yearly rewards.

If your primary goal is to build credit, you can find a lower-cost card option if you have fair credit. Still, the fee may be worth it if you want to earn rewards and think you’ll spend enough in the Wander card’s categories to offset the fee every year.

Benefits: Only the basics are included

This card includes essential card protections and features, including zero liability, contactless payments and access to free credit scores. These perks can provide you with peace of mind and are easy to use, especially if you’re just getting the hang of using a credit card. However, these perks are industry standard. Considering the annual fee, these benefits are lacking.

The only standout feature is Credit One’s Credit Protection Program. In the event of involuntary unemployment or disability, you can waive your minimum payment for up to six months if you pay 96 cents per $100 of your new monthly balance. For example, if you have a $1000 balance on your card, you’ll only be required to pay $9.60 under the Protection Program.

However, there's a notable catch. Rather than activating immediately, it will take 30 days for your policy to take effect. Your account will be frozen during this time, but compound interest will continue to accrue. Since this can snowball your balance when you might not be able to make your minimum payment to begin with, you might consider a more cost-effective debt management plan that won’t pose the risk of overextending and closing your account.

Welcome offer: No intro bonus available

Unlike most travel rewards cards, especially those with an annual fee, the Credit One Bank Wander Card does not offer a welcome bonus. In the past, the card has offered bonuses as high as 10,000 points after you spend $1,000 in the first 90 days (equivalent to $100 toward a statement credit, gift cards or travel), so now may not be the best time to apply if your priority is earning rewards rather than building credit.

That said, sign-up bonuses are hard to find on cards for fair credit in general. There's also no telling if Credit One will offer a bonus on this card again, so it's still worth a look if the Wander card aligns with your goals.

Redemption: Not the best with travel

When redeeming your rewards, there are several options on the table. You can redeem your points for statement credits (in 1,000-point increments), gift cards, merchandise and travel. However, while the statement credit, gift card and merchandise options are cut and dry, travel redemptions come with a few caveats.

While many travel card rewards programs guarantee at least 1 cent per point in redemption value when you redeem for travel, the value you receive from your Wander card points will vary depending on your booking details. Plus, you can only redeem for travel through Credit One Bank’s travel portal, which partners with Aspire Loyalty Travel Solutions, LLC. This means you can’t use or transfer your points to book directly with airlines, hotels and other travel vendors for a better deal.

How the Credit One Wander compares to other rewards cards for fair credit

While the Credit One Wander card is a rewards card, it’s best to compare it to other cards that accept fair credit. If you don't travel much, a flat-rate rewards card might be a better fit or if your focus is building credit, you might consider a secured card instead.

Image of Credit One Bank Wander® Card
Bankrate Score
See Rates & Fees , Terms Apply
Apply now Lock
on Credit One Bank's secure site

Annual fee


Intro offer


Rewards rate

1X - 10X

Recommended Credit Score

Fair to Good (580 – 740)
Image of Capital One QuicksilverOne Cash Rewards Credit Card
Bankrate Score
See Rates & Fees , Terms Apply
Apply now Lock
on Capital One's secure site

Annual fee


Intro offer


Rewards rate

1.5% - 5%

Recommended Credit Score

Fair to Good (580 – 740)
Image of Bank of America® Customized Cash Rewards Secured Credit Card

Bank of America® Customized Cash Rewards Secured Credit Card

Annual fee


Intro offer


Rewards rate

1% - 3%

Recommended Credit Score

No Credit History

Best cards to pair with the Credit One Wander card

If you’re still working on building your credit, it may be better to hold off on applying for multiple credit cards. Doing so can make it easier to keep your balances low and avoid unnecessary dings to your score due to hard credit inquiries. If you’re confident in your score and want to optimize your rewards strategy, a second card can help you earn rewards. It’ll also help lower your credit utilization ratio by providing more available credit.

Who is the Credit One Bank Wander Card for?

If you have fair credit and love to travel or prefer dining out, the Credit One Bank Wander Card might be the perfect addition to your wallet.

Bankrate’s Take — Is the Credit One Bank Wander Card worth it?

The Credit One Bank Wander Card is worth considering if you’re focused on earning travel rewards while improving your credit score. Its generous rewards rates in several categories and its standard card protections are a huge advantage for potential cardholders with fair credit.

However, you’ll have to pay a $95 annual fee with the card, which will cut into your rewards earnings. The card’s rewards rate on non-category purchases is also low, making it a poor card for earning rewards outside of travel. Considering the lack of perks, you may be better off building your credit score with a more cost-effective credit-building option.

*The information about Bank of America® Customized Cash Rewards Secured Credit Card has been collected independently by The card details have not been reviewed or approved by the card issuer.

How we rated this card

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rewards programs valued
data points analyzed
Credit Card Reviews
perks evaluated

We rate credit cards using a proprietary card scoring system that ranks each card’s estimated average rewards rate, estimated annual earnings, welcome bonus value, APR, fees, perks and more against those of other cards in its primary category.

Each card feature is assigned a weighting based on how important it is to people looking for a card in a given category. These features are then scored based on how they rank relative to the features on other cards in the category. Based on these calculations, each card receives an overall rating of 1-5 stars (with 5 being the highest possible score and 1 being the lowest). 

We analyzed over 150 of the most popular rewards and cash back cards to determine where each stacked up based on their value, cost, benefits and more. Here are some of the key factors that influenced this card’s overall score and how the score influenced our review:

Frequently asked questions

Written by
India Davis
Editor, Credit Cards
India Davis is an editor specializing in credit cards and updates. She believes in putting the reader first and carrying out a brand’s voice to its fullest potential. She has lived and worked in three different countries and hopes to explore more of the world post-pandemic.
Edited by Senior Editor, Credit Cards
Reviewed by Senior Editor, Credit Cards

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Editorial Disclosure: Opinions expressed here are the author's alone, and have not been reviewed or approved by any advertiser. The information, including card rates and fees, is accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information.