REI Co-op World Mastercard $100 Gift Card Bonus

The REI Co-op World Mastercard Credit Card is currently offering a $100 Gift Card as a bonus offer when you make your first purchase within 60 days. There’s no annual fee to worry about, and, if you ever purchase REI products, you can receive a 5% rebate on all purchases made to REI, and 1% on all other purchases.

REI is an outdoors recreation brand so lovers of nature, outdoors and camping will benefit greatly when they apply for this card. If you go camping often and need to restock up on gear frequently, then this card will be perfect. Not only do campers benefit, but with each REI purchase, REI will donate to the National Forest Foundation as well.

So, not only are you getting your money’s worth as a camper, but you will also be contributing to a charity to help rebuild forests too!

If you are interested in what this fun, outdoorsy card has to offer, then continue reading below.

REI Co-op World Mastercard Card Summary

With the REI Co-op World Mastercard:

• Receive a $100 Gift Card after first purchase within 60 days
• Earn 5% Rebate on all purchases made to REI (including sale items)
• Earn 1% rebate on all other purchases
• No spending amount limit to worry about
• REI will donate to the National Forest Foundation with every purchase made with this card
• No Annual Fee
• Has foreign transaction fees of 2% in USD, 3% in foreign currencies

REI Co-op World Mastercard – $100 Gift Card

After making your first purchase within 60 days of opening your account, you can earn a $100 gift card to REI. The REI Co-op World Mastercard presents their rewards in REI Co-op Rewards. There are many ways to go about this. Down below are several options to acquiring them.

Earning REI Co-op Rewards

Every time you shop at REI, you will earn 5% rebate on all purchases made including discounted items, services and gift cards. With other purchases, you can earn 1% rebate.

With your annual REI membership, the total rebates you earned in previous years is divided into mid to late march (also known as a dividend), which means your rewards are paid out annually.

Redeeming REI Co-op Rewards

Your REI membership is allotted for two years before you have to renew. You can redeem your REI Co-op Rewards before they expire on January 3rd of the following year. Redeem your rebates for REI merchandise, checks and cash before your card expires!

If you fail to renew, you won’t necessarily lose your rebates, but you will receive cash back for any any rewards that haven’t been redeemed yet.

REI Co-op World Mastercard Cardholder Benefits:

Even though the REI Co-op World Mastercard doesn’t have an annual fee, you still need to be an REI lifetime member in order to apply. The membership costs $20 for one time, and includes various benefits exclusive to members such as:

• Special pricing on REI classes and adventures trips
• Access to semi-annual REI garage sales (save 50% or more on semi-used and returned gear)
• REI has a cash-equivalent rewards program; the percentage you get back (dividend) equals to 10% of the full-price, eligible merchandise that was purchased in that year. For example, if you spend $3,500 on all outdoor equipment or camping gear (full priced), you will essentially receive $35 back.
• The Annual Dividend shows how much you’ve earned with your REI Co-op Mastercard
• REI will donate to the National Forest Foundation with every purchase made with this card

Author’s Verdict

In conclusion, the REI Co-op World Mastercard is for those who enjoy outdoor activities. REI is an outdoors sporting goods store, so, this card is only beneficial to those who already have or is willing to open a REI membership.

However, anyone can sign up for the card if they are willing to spend that extra effort to become a member.

REI members will automatically receive a 5% rebate when you purchase merchandise from any participating REI franchise in the U.S, and a 1% rebate for any other eligible purchases.

There is also the annual dividend benefit that most specific partnered cards don’t provide, so, you can receive 10% back on all full-priced items each time.

Overall, if you want a card that earns rewards each time you buy gear for your camping trips or outdoor adventures, then this is the card for you!

If you enjoyed this reading this review, then please provide feedback in the comment section below by telling us your thoughts and experience with this card. Make sure to visit BankDealGuy to explore more credit card bonuses. If you’re looking to further pinpoint the best card for you, see our post on the Best Credit Card Categories!

Alternative Credit Cards Options

If you aren’t necessarily an outdoors person, then consider these other cards that offer more flexibility and doesn’t need membership to any preceding company. These include the Chase Freedom Unlimited, Capital One Quicksilver Cash Rewards Credit Card and American Express Cash Magnet Card.

• Chase Freedom Unlimited

The Chase Freedom Unlimited® Card offers a $250 bonus after spending $500 on purchases in your first 3 months from account opening. Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers. In addition, you can earn: • 6.5% cash back on travel purchased through Chase TravelSM, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • 3% on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase TravelSM, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases. There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open. This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM. Member FDIC Learn More About This Card

• Capital One Quicksilver Cash Rewards Credit Card

The Capital One Quicksilver Cash Rewards Card offers $200 Cash Back after spending $500 on purchases within 3 months from account opening. 0% intro APR on purchases and balance transfers for 15 months; variable APR after that; balance transfer fee applies You'll earn: • 1.5% Cash Back on every purchase, every day with no rotating categories or sign-ups needed to earn cash rewards. • Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply. This card comes with no annual fee and no foreign transaction fees which makes this card a viable option for your go-to everyday card. Learn More About This Card

• American Express Cash Magnet Card