REI, Capital One Introduce REI Mastercard

By
Bruce Christian
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REI Co-op, a consumer co-op and outdoor specialty retailer in the United States, and Capital One, have launched the registered REI Co-op Mastercard program, which offers existing and new cardholders a set of benefits and inspires members’ pursuit of a life outside by rewarding everyday purchases to support their outdoor adventures.

The REI Co-op Mastercard, made of 85 percent recycled materials, offers benefits for REI members that recognize their passion for the outdoors, including:

  • 5 percent back in REI Co-op Mastercard Rewards for purchases at REI, including on-sale items, used gear, store services and REI gift cards
  • 1.5 percent back in REI Co-op Mastercard Rewards on purchases everywhere else
  • No annual fee and no foreign transaction fees
  • Card rewards that will not expire for the life of the account and members can redeem rewards as they earn them
  • A welcome bonus offer of a $100 REI gift card for new cardholder accounts, after the first out-of-store purchase made within the first 60 days of opening the account
  • A $50 REI Co-op annual statement credit when they use the card to book an REI Co-op Experience
  • The ability to earn double card rewards on REI purchases during an annual special event period
  • The ability to choose to display their preferred name on their card*
  • Mastercard’s World Elite exclusive offers on ridesharing, food delivery and online shopping; discounts on movie tickets and access to Priceless Experiences; and peace of mind with protection from identity theft and fraudulent purchases.

Cardmembers will also receive 5 percent back in card rewards for donations made to the REI Cooperative Action Fund, a 501(c)(3) community-supported public charity that directly supports organizations promoting justice, equity and belonging in the outdoors. Capital One will also support the fund with an annual donation as a key pillar of the card partnership.

For information on programs REI has been working recently visit REI’s 2021 Impact Report. For information on the REI Co-op Mastercard, offered by Capital One, visit rei.com/mastercard.