Cardmember Benefits

The card that co-op members [and bucket lists] love

The more you use your card, the more you grow your REI Annual Dividend¹. Love REI? Your card gives you 5% back at REI², including sale items. Plus get 2% back on purchases made with your card in a mobile wallet³, and 1% elsewhere⁴. And all that’s on top of your typical 10% member dividend¹.

Plus — new cardmembers can earn a $100 REI gift card if they make a purchase within 60 days of card approval.⁵.

5% back on purchases at REI²

2% back on mobile wallet purchases³

1% back everywhere else⁴

No Annual Fee*

Exclusive REI Benefits

5% back on purchases at REI²
2% back on mobile wallet purchases³
Learn more about mobile wallets
1% back everywhere else⁴
All of this on top of your member dividend¹
No annual fee*
No foreign transaction fees*
Extra Savings on Adventure Travel⁶
See FAQs for more details about Adventure Travel
When you make a purchase with your REI Co-op World Elite Mastercard®, we donate to projects that restore trails and more in the places we all love to explore⁷

World Elite Mastercard Benefits

For Peace of Mind

Extended Warranty⁸

Doubles the manufacturer’s warranty (up to two years) on eligible card purchases.

Price Protection⁸

Reimbursement if an eligible card purchase experiences a price drop within 120 days of purchase.

Concierge⁹

Representatives assist you with gift buying and delivery, event tickets and other personal services.

Trip Cancellation Insurance⁸

Reimbursement for your non-refundable payments to a common carrier if a covered trip is canceled due to a covered loss.

ID Theft Resolution Services⁸

Reimbursement for covered expenses incurred as a result of the theft or unauthorized use of card member’s identity.

Cellphone protection¹⁰

You can be reimbursed for damage or theft of an eligible cellphone when you pay your monthly cellphone bill with your card. Learn more about cellphone protection..

For Ease of Travel

Onefinestay¹¹

Receive a 10% discount on luxury home rentals worldwide.

LoungeKey Airport Lounge Membership¹²

Membership to 1100+ Lounge Key lounges in 120+ countries and in over 400 airports regardless of airline, frequent flyer membership or class of ticket. Show your REI Co-op World Elite Mastercard and obtain a complimentary LoungeKey Membership with “pay as you go” lounge visits at only $32 per visit, per person. Learn more at loungekey.com/usbank.

Travel & Lifestyle Services¹³

Professional travel service advisors ready to you help you 24/7.

For Everyday Value

Postmates¹⁴

$5 off every order of $25 or more for delivery or pickup of food, drinks and groceries.

Lyft¹⁵

Get every 6th ride free -- up to $10.

Boxed¹⁶

Buy everyday items in bulk and get 5% back on all purchases.

Fandango¹⁷

Get $5 cash back after two movie purchases.

ShopRunner Complimentary Membership¹⁸

Order from over 140 online stores and receive unlimited free two-day shipping and return shipping on purchases.

Security & Convenience Benefits

Zero Fraud Liability¹⁹

You won't be held responsible for unauthorized charges made with your account or account information.

Mastercard ID Theft Protection™⁸

Mastercard has partnered with CSID, an industry leader in identity protection and fraud detection, to help keep your information safe and to help detect and resolve identity theft.

Chip Technology

EMV chips provide advanced security and fraud protection with global acceptance.

Free Credit Score²⁰

Cardmembers enrolled in online banking can obtain their credit score, at no charge, from TransUnion.

Free Spend Analysis

Cardmembers enrolled in online banking can download a year-to-date spend analysis summary for the current year, or an annual account summary for the two previous years.

24/7 Account Access with online banking

24/7 Cardmember Service

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We may change APRs, fees and other Account terms in the future based on your experience with U.S. Bank National Association and its affiliates as provided under the Cardmember Agreement and applicable law.

Account must be open and in good standing to earn and redeem rewards and benefits. Upon approval, please refer to your Cardmember Agreement for additional information.

The creditor and issuer of the REI Co-op World Elite Mastercard® is U.S. Bank National Association, pursuant to a license from Mastercard International Incorporated.

* The APR may vary and as of 2/10/2020 the variable APR for Purchases and Balance Transfers is 12.99% - 24.99%, based on your creditworthiness. The variable APR for Cash Advances is 25.49%. Cash Advance fee: 4% of each advance amount, $5 minimum. Convenience Check fee: 3% of each check amount, $5 minimum. Cash Equivalent fee: 4% of each cash amount, $10 minimum. Balance Transfer fee: 3% of each transfer amount, $5 minimum. There is a $2 minimum interest charge where interest is due. The annual fee is $0. Foreign Transaction fee: $0.

¹ 10% member dividend is typical but not guaranteed. Your member dividend is based on eligible net qualified purchases, which exclude REI Outlet items, sale, clearance items, discounted items, gift cards, REI adventure travel, classes, tours, and events, service fees (ex. rentals, labor), membership fee, postage, event tickets, passes or registrations, government agencies and sales tax.

Your member dividend is based on eligible net purchases, which exclude REI Outlet items, sale, clearance items, discounted items, gift cards, REI adventure travel, classes, tours, and events, service fees (ex. rentals, labor), membership fee, postage, event tickets, passes or registrations, government agencies and sales tax.

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² 5% back applies to REI net purchases (purchases minus credits and returns) including full-price and discount-price items, REI gift cards, services, fees, and REI adventure travel-invoiced trip payments.

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³ 2% back applies to net purchases (purchases minus credits and returns) made using a mobile wallet. “Mobile wallet” is defined as the method of paying for a transaction by use of a mobile device (in-store, in-app or online) and includes eligible mobile providers such as Apple Pay®, Google Pay™, Samsung Pay, Fitbit Pay™, Garmin Pay™, and LG Pay. Non-Purchase transactions, including cash advances, convenience checks, balance transfers, and other advance transactions as defined in the Cardmember Agreement, as well as interest charges and fees, do not qualify.

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⁴ 1% back applies to non-REI and non-mobile wallet eligible net purchases only (includes purchases using a non-eligible mobile wallet provider). Net purchases are purchases minus credits and returns. Non-Purchase transactions, including cash advances, convenience checks, balance transfers, and other advance transactions as defined in the Cardmember Agreement, as well as interest charges and fees, do not qualify.

If the transaction is a Qualified REI Purchase made using an eligible mobile wallet provider, the reward will be 5% back. If the transaction is a Qualified Non-REI Purchase made using an eligible mobile wallet provider, the reward will be 2% back.

The 5%, 2% and 1% rewards are distributed with your member dividend annually.

REI Co-op World Elite Mastercard rewards are offered to cardholders in accordance with the card’s terms but are mentioned as parts of a dividend because they are paid at the same time as your normal member dividend.

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⁵ REI Gift Card Information: To receive this one-time REI gift card, you must apply for an REI Co-op World Elite Mastercard and, if approved, make a purchase with your new REI Co-op World Elite Mastercard within 60 days of account opening. Purchase requirement is met by purchases only; advances, convenience checks, balance transfers, interest charges, fees, credit insurance charges, or transactions to fund certain prepaid card products are not eligible. Six to eight weeks after purchase, the REI gift card will be sent to the primary applicant’s address. The offer is subject to credit card approval and your new REI Co-op World Elite Mastercard Account must be open and in good standing at the time of fulfillment to receive the REI gift card. This gift card offer is available only to new REI Co-op World Elite Mastercard Accounts booked through this special offer. Existing and previous REI Co-op World Mastercard cardmembers are not eligible for this offer.

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⁶ This benefit is for REI Co-op World Elite Mastercard cardholders and applies only to the amount of Annual Dividend redeemed for REI adventure travel. To qualify for the benefit, the trip payment must be made by calling at 800-622-2236 using your REI Co-op World Elite Mastercard. Annual Dividend is comprised of REI member dividend and REI Mastercard rewards. After application of all or any portion of available Annual Dividend to the cost of a qualifying trip and corresponding deduction of that amount of Annual Dividend from the cardholder’s membership account, an additional amount equal to 50% of the applied Annual Dividend will be applied as a discount from the invoice cost of your trip. [The dollar amount of your Annual Dividend is not affected by this benefit]. If you cancel your trip prior to departure, you will receive a check for the dividend amount 4-6 weeks later, but you will not receive credit or reimbursement for the “50% more” benefit. For additional information on booking your trip, please call 800-622-2236.

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⁷ This year, REI will donate $0.10 per REI Co-op World Elite Mastercard purchase transaction made to the REI Foundation, up to $1 million. REI Foundation is a 501c3 private charity that aims to: rewild cities and keep wild places wild; connect underrepresented groups to the outdoors; demonstrate nature’s health benefits; and advance climate action. Non-Purchase transactions, including cash advances, convenience checks, balance transfers, and other advance transactions as defined in the Cardmember Agreement, as well as interest charges and fees, do not qualify. Transactions posted in late December of the current year may be applied in the following year. REI may change the benefit or named charity in future years. REI is solely responsible for making the donation.

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⁸ Certain terms, restrictions and conditions apply. Refer for your Mastercard Guide to Benefits for details.

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⁹ Cardmembers are responsible for the costs of any goods or services purchased by Concierge Services on cardmembers’ behalf.

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¹⁰ Coverage begins the first day of the calendar month after you pay your cellphone bill with your REI Co-op Mastercard. Coverage is for damage or theft up to $800, with a $50 deductible, up to $1,000 per 12-month period. Must visit www.mycardbenefits.com or call 1-800-Mastercard to file a claim. Coverage provided under a group insurance policy issued by New Hampshire Insurance Company, an AIG company. Policy provides secondary coverage only. Protection applies to up to three cellphones, the primary line and up to the first two secondary lines on the covered phone bill. Certain terms, restrictions and conditions apply. Visit reimastercard.com/phone for details.

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¹¹ onefinestay provides access to over 10,000 high-end rental homes around the world. The local guest services team will welcome you at the home and is available 24/7. Each home is stocked with high quality sheets, towels and toiletries. Cardholders receive a 10% discount on all onefinestay bookings. You will also receive free Wifi and a complimentary iPhone, with free local calls and data, to use during your stay.

Learn more at www.onefinestay.com

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¹² For LoungeKey Customer Support visit https://www.loungekey.com/en/usbank/customer-support for more information. View https://www.loungekey.com/en/usbank/conditions-of-use for Terms and Conditions.

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¹³ Certain terms, conditions, and exclusions apply. Visit www.travel. mastercard.com for full details. Mastercard Travel & Lifestyle Services are provided by Ten Lifestyle Management Ltd. No travel bookings are being made by Mastercard, nor is Mastercard acting as a travel agency or providing any travel consultation or advice, in connection with Mastercard Travel & Lifestyle Services.

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¹⁴ Visit www.postmates.com/mastercard-world to learn more about the Postmates benefit. For full terms please visit www.postmates.com/legal/terms.

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¹⁵ Certain terms, conditions and exclusions apply. See www.lyft.com/mastercard-world-elite for full terms and to enroll in the program. Lyft’s Terms of Service apply. Lyft CUPC ID No. TCP0032513 – P.

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¹⁶ Standard terms and conditions apply (www.boxed.com/terms-conditions/). For more details, visit http://www.boxed.com/worldelite.

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¹⁷ Certain terms, conditions, and exclusions apply. See your guide to benefits or visit www.fandango.com/vip+mastercard for more information.

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¹⁸ Receive unlimited free two-day shipping and free return shipping on purchases at more than 140 online stores, including clothing, shoes, beauty, electronics, home, gifts and more. Enroll today at www.shoprunner.com/mastercard. Full Terms of Service are located at www.shoprunner.com/terms/sr.

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¹⁹ U.S. Bank provides zero fraud liability for unauthorized transactions. Cardholder must notify U.S. Bank promptly of any unauthorized use. Certain conditions and limitations may apply.

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²⁰ Free credit score access, Alerts and Score Simulator through TransUnion’s CreditView™ Dashboard are available to U.S. Bank online banking customers only. Alerts require a TransUnion database match. It is possible that some enrolled members may not qualify for the Alert functionality. Free credit score access is not available in the Mobile App. The free VantageScore® credit score from TransUnion® is for educational purposes only and not used by U.S. Bank to make credit decisions.

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