REI Co-op® Mastercard®
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How we calculate effective rate →
The REI Co-op® Mastercard® from Capital One earns up to 1.5% effective value on dining in Madeen's catalog snapshot. It has no annual fee. New applicants may see: Earn a $100 REI gift card when you make your first purchase outside of REI within 60 days from account opening. Only co-op members can apply..
- Top category
- Dining
- Effective value
- 1.5%
- Annual fee
- $0
Best for dining-heavy spend when you want to avoid an annual fee; confirm issuer terms before applying. Best for spenders who put meaningful volume in dining and can earn 1.5x points. The welcome bonus can help if you can meet the spend requirement.
What does the REI Co-op Mastercard earn in each category?
Dining is the strongest category at 1.5% effective value (1.5x points at about 1 cents each). That dining rate ranks higher than about 35% of the 2,850 cards we track in that category. The five-category effective-rate table on this page shows how REI Co-op Mastercard compares across dining, grocery, gas, travel, and other spend.
Dining is the strongest category at 1.5% effective value (1.5x points at about 1 cents each). That dining rate ranks higher than about 35% of the 2,850 cards we track in that category. The five-category effective-rate table on this page shows how REI Co-op Mastercard compares across dining, grocery, gas, travel, and other spend.
| Category | Earn rate | Effective value |
|---|---|---|
| Dining Restaurants, cafes, takeout | 1.5x points | 1.5% Top category |
| Grocery Supermarkets and grocery stores | 1.5x points | 1.5% |
| Gas Gas stations and fuel | 1.5x points | 1.5% |
| Travel Flights, hotels, transit | 1.5x points | 1.5% |
| Other General everyday spend | 1.5x points | 1.5% |
Madeen values REI at about 1 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.
Who should get the REI Co-op Mastercard?
The REI Co-op Mastercard fits spenders who put meaningful volume in dining and can earn 1.5x points. Best for spenders who put meaningful volume in dining and can earn 1.5x points. The welcome bonus can help if you can meet the spend requirement.
REI Co-op Mastercard fits spenders who put meaningful volume in dining and can earn 1.5x points. Madeen ranks its dining effective rate higher than about 35% of the catalog in that category. Compare it against cards you already carry with Madeen — no bank login required.
Best for spenders who put meaningful volume in dining and can earn 1.5x points. The welcome bonus can help if you can meet the spend requirement.
Mostly a flat base earn card without strong category bonuses.
Best for dining-heavy spend when you want to avoid an annual fee; confirm issuer terms before applying.
Pros
- Strongest Madeen category is dining at about 1.5% effective (1.5x points).
- No annual fee in our catalog snapshot.
- No foreign transaction fee listed.
- Welcome bonus may add value if you can meet spend requirements.
Cons
- REI value depends on how you redeem, not straight cash back.
What is the REI Co-op Mastercard welcome bonus?
In Madeen's catalog snapshot, the REI Co-op Mastercard welcome offer is Earn a $100 REI gift card when you make your first purchase outside of REI within 60 days from account opening. Only co-op members can apply.. Minimum spend, eligibility, and offer windows are set by the issuer and can change — confirm on the issuer application page before applying.
- Offer
- 100 REI (~$1 estimated)
- Terms (catalog snapshot)
- Earn a $100 REI gift card when you make your first purchase outside of REI within 60 days from account opening. Only co-op members can apply.
- Minimum spend
- $1
- Window
- 60Days
Does the REI Co-op Mastercard have an annual fee?
The REI Co-op Mastercard has an annual fee of $0 and a foreign transaction fee of None. Confirm current fees on the issuer page before applying.
- Annual fee
- $0
- Foreign transaction fee
- None
What benefits come with the REI Co-op Mastercard?
The REI Co-op Mastercard includes $50 annual credit toward REI Co-op Experiences, Double card rewards during our annual event, Global emergency services in our snapshot. Perks and benefits can change; verify coverage on the issuer site before you rely on them.
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Related encyclopedia topics
Common questions about the REI Co-op Mastercard
What credit score is needed for rei mastercard?
Madeen's catalog lists a typical credit range of Good to Excellent for the REI Co-op Mastercard. Issuers decide approval using their own criteria; Madeen does not predict approval odds or prequalification.
Is the rei co op card worth it?
The REI Co-op® Mastercard® from Capital One earns up to 1.5% effective value on dining in Madeen's catalog snapshot. It has no annual fee. New applicants may see: Earn a $100 REI gift card when you make your first purchase outside of REI within 60 days from account opening. Only co-op members can apply..
Does the REI Co-op Mastercard have an annual fee?
The REI Co-op Mastercard carries an annual fee of $0 in Madeen's catalog snapshot. Issuer terms can change, so confirm the current fee on the issuer's site before you apply. Madeen does not predict approval or prequalification.
What category earns the most with the REI Co-op Mastercard?
Dining is the strongest Madeen category for the REI Co-op Mastercard at about 1.5% effective value, based on our catalog snapshot and standard point valuations. Other categories are listed in the effective-rate table on this page.
Does the REI Co-op Mastercard charge foreign transaction fees?
The REI Co-op Mastercard does not charge a foreign transaction fee in Madeen's catalog snapshot, which can make it stronger for purchases outside the U.S. Issuer terms still control international acceptance and other fees.
What is the REI Co-op Mastercard welcome bonus?
The REI Co-op Mastercard welcome offer in our snapshot: Earn a $100 REI gift card when you make your first purchase outside of REI within 60 days from account opening. Only co-op members can apply.. Minimum spend, eligibility, and offer windows are set by the issuer and can change.
How does the REI Co-op Mastercard compare to similar cards?
Compare the REI Co-op Mastercard against Pottery Barn Key Rewards Visa (4% on Dining, $0 fee); SavorOne Dining Rewards (4% on Dining, $95 fee); The Key Rewards Visa (4% on Dining, $0 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.
| Card | Top category | Effective value | Annual fee |
|---|---|---|---|
REI Co-op Mastercard This card | Dining | 1.5% | $0 |
Capital One | Dining | 4% | $0 |
Capital One | Dining | 4% | $95 |
Capital One | Dining | 4% | $0 |
Capital One | Dining | 4% | $0 |
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Capital One and related product names are trademarks of their respective owners. Madeen is not affiliated with, sponsored by, endorsed by, or acting on behalf of Capital One. Madeen is an independent credit-card comparison and education service. Issuer websites control current terms, fees, and eligibility.
Madeen compares cards you add to your wallet using published catalog rules — no bank login required. Issuer pages control current fees, caps, exclusions, and eligibility; Madeen does not issue cards, make approval decisions, or provide financial advice. Apply links are temporarily hidden on madeen.app. Affiliate disclosure