REI Co-op® Mastercard® from Capital One: annual fee, APR and rewards

Fact sheet for the REI Co-op® Mastercard®, issued by Capital One, with no annual fee and points. Every detail below comes from the issuer’s pricing and terms pages, checked on the date shown at the end of the page.

Issuer	Capital One
Network	Mastercard
Annual fee	$0
Rewards	Points: Earn 5% in card rewards on REI Co-op purchases and 1.5% in card rewards on all other purchases. Redeem rewards on purchases at REI retail stores and REI.com.
Purchase APR	17.49%-28.49% variable APR
Balance transfer fee	3% of the amount of each transferred balance that posts to your account at a promotional APR that we may offer you. None for balances transferred at the Transfer APR.
Sign-up bonus	$100 REI gift card after first purchase outside of REI within 60 days from account opening.
Foreign transaction fee	None
Credit level	Excellent, Good

What new cardholders actually got

In the CFPB's Terms of Credit Card Plans survey for July to December 2025, new accounts on this card got a median purchase APR of 24.99%, with a range of 17.99% to 28.99%. The advertised range above is what the issuer offers today; the survey shows where approved applicants landed.

Source: Consumer Financial Protection Bureau, Terms of Credit Card Plans survey.