REI Co-op® Mastercard®

Capital One · WORLD ELITE MASTERCARD · annual fee $0

The Wallet Audit values statement credits at what a typical person actually captures rather than at their advertised ceiling, and gives each rewards currency a single honest cents-per-point figure.

Earn rates

• 5% REI retail stores & REI.com (net purchases, after returns/credits)
• 10% REI purchases during the annual Cardmember Double Rewards event
• 1.5% Everywhere else

Statement credits, at their advertised value

• REI Co-op Experiences Credit, up to $50 a year

Advertised total $50 a year. This page shows a realistic estimate for each of these instead, which is usually lower, plus sliders to set your own figures.

No foreign transaction fee.

Purchase APR: 17.49%, 24.49%, or 28.49% (based on creditworthiness)

The verdict, the realistic credit values, the points valuation and the earn-rate breakdown are on the card's page. Open https://thewalletaudit.com/cards/capital-one-rei-co-op.