Why the REI Co-op Mastercard is the Ultimate Card for Outdoor Enthusiasts in 2024

The REI Co-op Mastercard is designed for those who live for the outdoors. Issued by Capital One, this card provides exceptional benefits tailored to REI Co-op members, ensuring that your love for nature and adventure is both supported and rewarded.

Key Features of the REI Co-op Mastercard

1. No Annual Fee for Members

One of the standout features of the REI Co-op Mastercard is that it does not charge an annual fee. However, to apply for this card, you must be an REI Co-op member, which requires a one-time fee of $30. This membership offers a lifetime of benefits, including:

Free standard shipping on orders.
The ability to return most items within 365 days, even if used.
A yearly member reward (typically 10% back on eligible purchases).
Exclusive access to sales on used gear.
Discounts on rentals and other in-store services.

Becoming a member is a one-time cost that pays off if you regularly shop at REI.

2. Reward Structure

The REI Co-op Mastercard offers a lucrative reward system:

5% back on REI purchases: This includes everything from gear to experiences.
1.5% back on all other purchases: Unlike many retail cards, this one offers competitive rewards for purchases made outside of REI.

During the yearly double rewards event, you can earn an additional 5% back on REI purchases, making it one of the most rewarding cards for outdoor enthusiasts.

3. Redemption and Rewards

While many credit cards require you to wait until the end of your billing cycle to access rewards, the REI Co-op Mastercard allows you to redeem rewards as you earn them. However, these rewards can only be redeemed at REI. This is ideal for those who consistently shop at REI, but may be limiting for occasional shoppers.

4. Introductory Bonus and Annual Credit

New cardholders receive a $100 REI gift card after making a purchase outside of REI within the first 60 days. Additionally, cardholders get a $50 statement credit annually, which can be used for REI Co-op Experiences such as classes or trips.

5. Travel-Friendly Features

For those who love international adventures, the REI Co-op Mastercard has no foreign transaction fees, making it an excellent travel companion.

Is the REI Co-op Mastercard Right for You?

Who Should Consider This Card?

If you frequently shop at REI and are looking for a card that offers significant rewards and benefits for outdoor gear and experiences, the REI Co-op Mastercard is an excellent choice. The card’s rewards structure is particularly beneficial for those who spend a considerable amount on REI purchases.

Who Might Look Elsewhere?

If you’re seeking a card with more flexible redemption options or higher rewards on non-REI purchases, you might consider alternatives such as the Wells Fargo Active Cash® Card or a combination of different rewards cards.

FAQ: Everything You Need to Know About the REI Co-op Mastercard

Q1: Do I need to be an REI member to apply for the REI Co-op Mastercard?

A1: Yes, you need to be an REI Co-op member to apply for the REI Co-op Mastercard. Membership costs a one-time fee of $30, which provides lifetime benefits.

Q2: What are the rewards rates for the REI Co-op Mastercard?

A2: The card offers 5% back on REI purchases and 1.5% back on all other purchases.

Q3: Can I use the rewards earned with the REI Co-op Mastercard anywhere?

A3: No, rewards can only be redeemed at REI. This can be limiting for those who do not frequently shop at REI.

Q4: Does the REI Co-op Mastercard charge an annual fee?

A4: No, the REI Co-op Mastercard does not charge an annual fee, but you must be an REI Co-op member to apply.

Q5: Does the REI Co-op Mastercard have any travel benefits?

A5: Yes, the card does not charge foreign transaction fees, making it a good choice for international travel.

Conclusion: The Best Card for the Adventurous Shopper

The REI Co-op Mastercard is a standout choice for those who live for the outdoors and want to maximize their spending at REI. With its impressive rewards on REI purchases, no annual fee for members, and travel-friendly features, it’s designed to support and reward your adventurous lifestyle.

For more information about REI Co-op membership and benefits, visit REI’s official site.