Expedia launches credit cards

Article Excerpt

EXPEDIA GROUP INC., $133.19, is a Power Buy. The company (Nasdaq symbol EXPE; TSINetwork Rating: Average) (www.expediagroup.com; Shares outstanding: 142.6 million; Market cap: $17.6 billion; No dividends paid) has announced a multiyear agreement with Wells Fargo and Mastercard to launch two new co-branded credit cards to complement One Key, Expedia’s loyalty program. The One Key Cards offer a range of benefits, including the ability to earn rewards as OneKeyCash, which can be used across Expedia, Hotels.com and vacation rental site Vrbo to book eligible hotels, vacation rentals, car rentals, activities and flights. Expedia Group is a Power Buy. Buy…