Capital One · Mastercard · personal · REI Card Rewards
Review the linked sources below for offer details and eligibility.
Earning
| REI (Sporting goods)
5% in REI Co-op Mastercard Rewards on net purchases at REI retail locations or REI.com (includes gift cards, classes, events, services, fees). During the annual double rewards event an additional 5% (10% total). Separate from the ~10% Co-op Member Reward on eligible full-price purchases.
requires REI Co-op membership
|
5% | 5% |
| Everything else
1.5% in REI Co-op Mastercard Rewards on all other purchases (excludes cash advances and balance transfers)
|
1.5% | 1.5% |
Right column: value per $ at travel valuation (1¢/pt). Spend at REI (or cash out via membership).
Credits
None.
Benefits
- No annual fee
- No foreign transaction fees
- Rewards redeemable only at REI (stores, REI.com, REI Outlet, app) — REI Co-op Mastercard Rewards are available for redemption 1-2 business days after the purchase posts, never expire for the life of the account, are not available via cash or check, and only the primary cardmember can redeem.
- MasterRental collision damage waiver — Secondary within your country of residence, primary outside it; rentals up to 31 consecutive days; includes up to $500 loss-of-use.
- Extended warranty — Doubles original manufacturer/store warranties of 24 months or less, up to 24 extra months; max $10,000 per claim.
- Price protection — Up to $250 per claim, 4 claims per 12 months, lower price found within 120 days of purchase.
- Lost or damaged luggage — Up to $1,500 per covered trip, 2 claims per 12 months, when the common-carrier fare is paid with the card.
- Trip cancellation / interruption — Up to $1,500 per covered trip and $5,000 per account per 12 months; covers nonrefundable common-carrier fares only.
- Mastercard Concierge — 24/7 concierge at no cost for the service itself.
- Master RoadAssist roadside service — Dispatch only; pre-negotiated service fees billed to the card. 50 US states and DC.
- Mastercard ID Theft Protection and World Elite digital merchant offers — ID Theft Protection requires enrollment; World Elite offers at mastercard.us/worldeliteoffers.
Protections
| extended warranty | Doubles original warranty of 24 months or less, up to 24 extra months; $10,000 per claim |
| price protection | Up to $250 per claim, 4 claims per 12 months, within 120 days of purchase |
| trip cancellation | Up to $1,500 per trip / $5,000 per account per 12 months (common-carrier fares) |
| lost luggage | Up to $1,500 per trip, 2 claims per 12 months |
| rental car | secondary |
| roadside | Master RoadAssist dispatch (pay-per-use, US only) |
Notes
For REI Co-op members only; a no-annual-fee World Elite Mastercard issued by Capital One. Rewards are REI Co-op Mastercard Rewards: they post to your REI account 1-2 business days after the purchase posts, never expire, and are redeemable only at REI stores/REI.com/REI Outlet/app - not as cash or check. An annual double rewards event adds 5% (10% total) on REI purchases. No statement credits (the 2022-era $50 REI Experiences credit no longer appears on the issuer page). Capital One's REI Guide to Benefits effective 2026-01-13 contains no travel accident insurance, purchase protection, cell phone protection, or trip/baggage delay coverage; rental CDW is secondary in the US but primary abroad. APR 17.49%-28.49% variable. Web-verified 2026-09-08 against https://www.capitalone.com/credit-cards/rei/ and https://ecm.capitalone.com/WCM/card/benefits-guide/rei/rei-coop-mc-gtb-english.pdf.