A Review of the REI Mastercard
There are some benefits to using the REI Co-op World Elite Mastercard that will make it a good choice for nature lovers and adventure seekers who frequently shop at REI. This Mastercard is available via the US Bank and for cardholders they’ll earn 5% cash back on any REI purchase.
Additionally, cardholders earn 2% back on purchases made with eligible mobile wallets and 1% back on everything else.
Who are the Major Selling Points of the REI Mastercard
While the REI Mastercard offers 5% back on all purchases at REI stores, it is best to pair it with another rewards card. The benchmark for a good rewards card is one that earns at least 2% back on all purchases. The Citi Double Cash Card is one example of a benchmark card, offering 2% back on all purchases with no annual fee. If you are planning to purchase an REI product on a regular basis, the REI Mastercard may be right for you.
One of the most appealing aspects of the REI Mastercard is the fact that you can use it in any of the 154 stores of the recreational equipment retailer. Additionally, the card offers no annual fee and no foreign transaction fees. Those who love the outdoors will appreciate the card’s low annual fee and unlimited 1.5% cash back rewards rate. The card is also accepted everywhere MasterCard is accepted. Those looking for a credit card that gives back to the environment will love the REI Mastercard.
How Does the REI Mastercard Compare With Competitors?
If you’re looking for a great rewards program, consider getting a REI Mastercard. This retail card gives back to outdoor nonprofits and allows you to earn rewards on purchases made at REI stores. While you can earn points at every REI store, the REI Mastercard isn’t a good option for everyday purchases. For these types of purchases, consider other credit cards, such as the Capital One Quicksilver Cash Rewards Credit Card or the Citi Double Cash Card.
Once you have your REI Mastercard, you can manage your account online with their mobile app. You can check your account balance, make payments, review transactions, and set alerts. This app is available for both Android and iPhone devices, and you can download it for free from the App Store. For questions or assistance with the app, contact REI customer service. The REI mobile app is the best way to stay updated on your account activity.
What Are the Rewards of the REI Credit Card?
The REI Mastercard is a credit card that rewards users with up to 10 cents back from each purchase. The funds are used by the National Forest Foundation to engage Americans in national and community programs that benefit the nation’s 193-million-acre National Forest System. The card is not recommended for beginners because it lacks the 0% intro APR it offers. Also, it charges a 3% balance transfer fee, which is the equivalent of $5 minimum.
The REI MasterCard is a cash back credit card. These cards make your money work for you by offering cash back rewards. They give you a certain percentage back from the purchases you make, with bigger rewards on certain categories. These rewards are paid to you via your credit card statement, and not into your bank account. This can be a great way to save money while traveling. However, the REI MasterCard is not for everyone.