Credit Cards (US)

REI Co-op® Mastercard® full review: rewards in or out REI store

If you are a regular REI client and want to become a member, you will love to know that there is a card designed for maximizing rewards on purchases. Then, read this REI Co-op® Mastercard® review.

REI Co-op® Mastercard®: up to 5% back in rewards on purchases

Learn how this credit card works with this full review. Source: The Mister Finance.
Learn how this credit card works with this full review. Source: The Mister Finance.

This REI Co-op® Mastercard® review will show you the advantages and disadvantages of becoming an REI member and applying for this Mastercard.

REI Co-op® Mastercard®

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

Learn how to apply for an REI Co-op® Mastercard® and enjoy a complete range of exclusive benefits at no annual or foreign transaction fees.

Firstly, there are no annual or foreign transaction fees associated with it.

Therefore, you will be able to maximize rewards without worrying about high costs.  

Credit ScoreGood – Excellent 
APR18.74%, 25.74%, or 29.74% (variable and based on the creditworthiness)
Annual Fee$0
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
Welcome bonus$100 REI gift card after being approved and making the first purchase within 60 days 
Rewards5% in rewards on REI Co-op purchases;
1.5% in rewards on everything else

Additionally, even though there is a membership fee, you will only pay for it once.

Continue reading to find out the details about this credit card.

How does the REI Co-op® Mastercard® work?

As shown before on this REI Co-op® Mastercard® review, this card suits REI consumers who want to maximize rewards at a very reasonable cost.

In fact, the card doesn’t charge any annual or foreign transaction fees. And it is a Mastercard, which means you will be able to use it outside of REI, even when traveling abroad.

Also, it features an amazing reward rate, considering it is designed for specific store members. Check out the program below:

  • Earn 5% in rewards on REI Co-op purchases;
  • Earn 1.5% in rewards on everything else.

A quite good welcome bonus is offered as well. You will earn a $100 REI gift card after being approved and making the first purchase within 60 days, then.

Not to mention other benefits, including:

  • $50 annual credit toward REI Co-op Experiences program;
  • Rewards doubled on the yearly REI event;
  • Access to Mastercard World Elite benefits;
  • Flexible redemption.

Of course, there is a fee of $30 for becoming a member. However, this fee is applied only once the moment you apply for the REI Co-op Members program.

Certainly, a great option for regular REI clients.

REI Co-op® Mastercard® benefits

Excellent benefits await you! Source: REI Co-op.
Excellent benefits await you! Source: REI Co-op.

Unquestionably, this Mastercard is a good choice for REI members who want to maximize rewards and experiences. 

However, there is a one-time fee.

Pros

  • The card doesn’t charge annual or foreign transaction fees;
  • You will earn up to 5% back in rewards on purchases;
  • The redemption plan is flexible;
  • There is a $50 annual credit plus a $100 REI gift card as a welcome bonus;
  • You will access Mastercard World Elite benefits.

Cons

  • You must become a member to apply for the card;
  • There is a one-time membership fee.

Pre-approved credit cards for low credit score available now

We analyzed your profile and found some offers that you can apply for today.

You will be redirected to another website

How good does your credit score need to be?

Even though this information is not fully disclosed, Capital One usually requires good creditworthiness for its best credit cards.

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

If you want to become an REI member, check out how to apply for an REI Co-op® Mastercard®.

REI Co-op® Mastercard®

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

Learn how to apply for an REI Co-op® Mastercard® and enjoy a complete range of exclusive benefits at no annual or foreign transaction fees.

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

Trending Topics

content

Exodus crypto wallet full review

This Exodus crypto wallet review post will show you how this wallet works, including its features, rates, and particularities. Check it out!

Keep Reading
content

How to apply for the Cracker Barrel Gift Cards?

See how simple it is to apply for Cracker Barrel Gift Cards, choose a design, and get a good present for yourself, others, or even employees.

Keep Reading
content

Find organizations like Feeding America to help!

If you want to know how organizations like Feeding America work, check out our post to see the leading organizations that aim to stop hunger!

Keep Reading

You may also like

content

Student credit cards for no credit: top 4 options

Find out the difference between a regular and a student credit card for no credit. See the benefits of student cards to pick one. Keep reading!

Keep Reading
content

Marriott Bonvoy Boundless® Credit Card review

Are you looking for a hotel credit card with great rewards? Check out the Marriott Bonvoy Boundless® Credit Card review! You can earn free night awards and bonus points on everyday purchases. Read on!

Keep Reading
content

GO2bank Checking review: Earn up to 7% cash back

Our GO2bank Checking review will answer your questions about how it works and its benefits and drawbacks. Enjoy multiple perks with this simple mobile babking. Read on!

Keep Reading