The rei rewards credit card offers a lot of benefits, including 5% back on REI purchases and an annual member dividend. The dividend can be spent at any REI location, and it’s also available in cash or by check. The card also has no annual fee, and there are no foreign transaction fees, which are important if you plan to use the card abroad. It’s a great option for outdoor enthusiasts, but we recommend pairing it with another card that earns 2% back on all spending and bills, such as the Citi Double Cash Card.
Is the REI membership a credit card?
The REI World Elite Mastercard is a great option for outdoor adventurers, and it has a generous sign-up bonus of $100 in REI gift cards after your first out-of-store purchase within 60 days of opening the account. The card also has no annual fee and offers a 5% REI rebate on in-store and mobile wallet purchases, as well as two percent back on travel and restaurant purchases and one percent back everywhere else. Plus, the card offers cellphone protection, LoungeKey access to more than 400 airport lounges, and travel insurance.
To apply for the REI World Elite Mastercard, you must be an REI Co-op member and pay a one-time $30 membership fee. You can get a quick approval for the card by providing your basic personal and financial information. U.S. Bank, which is the issuer of the card, will conduct a credit check before approving you for the card and setting your credit limit and interest rate.