Credit Cards (US)

How to apply for the REI Co-op® Mastercard®?

Check out how to apply for an REI Co-op® Mastercard® and enjoy exclusive benefits, including up to 5% back in rewards, no annual or foreign transaction fees, and more.

by Aline Augusto

Published on 04/16/2023

Apply for an REI Co-op® Mastercard®: get a $100 REI gift card as a welcome bonus

Apply online and enjoy your gift card. Source: The Mister Finance.
Apply online and enjoy your gift card. Source: The Mister Finance.

It is simple to apply for an REI Co-op® Mastercard®, but you need to become an REI member first. 

So, there is a one-time membership fee of only $30. Then, you will be able to enjoy unlimited and exclusive benefits, including:

  • 5% back in rewards on REI Co-op purchases plus 1% on everything else;
  • Flexible redemption;
  • A $50 annual credit and a $100 REI gift card as a welcome bonus;
  • No annual or foreign transaction fees;
  • Doubled rewards in the REI yearly event;
  • Access to Mastercard World Elite benefits and more.

Essentially, this card suits REI frequent consumers and those who want to become members to enjoy the many advantages.

Now, check out how to apply for an REI Co-op® Mastercard®.

Online Application Process

Many people are already enjoying the REI membership. Source: REI.
Many people are already enjoying the REI membership. Source: REI.

In the first place, you need to join the REI Co-op Members program. You can do it by accessing the official REI website. Then, you have to pay a one-time $30 membership fee.

After being approved, apply for a credit card. So, you will have to confirm your membership and then sign into your account.

The application takes only a few minutes since you are already a member.

Application Process using the app

After being approved, download the mobile app to fully control your bills and rewards earned.

REI Co-op® Mastercard® vs. Southwest Rapid Rewards® Premier Credit Card

An REI Co-op® Mastercard® suits regular REI consumers. It is a low-cost card full of exclusive benefits.

On the other hand, if you want an alternative, find out more about a Southwest Rapid Rewards® Premier Credit Card.

REI Co-op® Mastercard®Southwest Rapid Rewards® Premier Credit Card
Credit ScoreGood – Excellent Not disclosed
APR18.74%, 25.74%, or 29.74% (variable and based on the creditworthiness)From 20.49% to 27.49% (variable)
Annual Fee$0$99 (applied to 1st billing statement)
FeesForeign transaction fee: none;
Membership fee (one-time): $30;
Cash Advance: $3 or 3% of the amount of each transaction, whichever is greater;
Late Payment: up to $40		Cash Advances: $10 or 5% of the amount of each transaction, whichever is greater;
Foreign transaction: none;
Late Payment: up to $40;
Over-the-Credit-Limit: none;
Return Payment: up to $40
Returned check: none
Welcome bonus$100 REI gift card after being approved and making the first purchase within 60 days 50,000 points once spending $1,000 on purchases within 3 months from the account opening date
Rewards5% in rewards on REI Co-op purchases;1.5% in rewards on everything else3X points per dollar spent on Southwest purchases;
2X points per dollar spent on rental and hotel partners, internet, phone services, select streaming, cable, local transit and commuting;
1X point per dollar spent on everything else

Lastly, if you are interested in applying for a Southwest Rapid Rewards® Premier Credit Card, learn how the process works in the following post!

Southwest Rapid Rewards® Premier Credit Card

How to apply Southwest Rapid Rewards® Premier?

Check out how to apply for a Southwest Rapid Rewards® Premier Credit Card and earn unlimited points and travel perks to enjoy your next trip.

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About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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