We generally only recommend Rei Credit Card if you have at least a 630 credit score (otherwise known as a "fair" credit score). The reason being you can get a relatively high APR if you have a low credit score, plus it will be much harder to get approved.
Is Rei Credit Card a good credit card for me?
Every situation is different, so it's hard to give a blanket recommendation on whether or not Rei Credit Card is the right card for you.
However, they are known to be relatively generous with their reward points & other perks, so it may be worth it. Keep in mind you may have to acquire a minimum amount of points before you are able to redeem them.
Is Rei Credit Card worth it?
There are 100s of different credit card options that are best suited to a wide range of situations. Which makes it hard for us to honestly answer whether or not Rei Credit Card is worth it for you.
We recommend considering the following when looking into getting any credit card (as a starting point at least):
- Are you a responsible spender? You can quickly get yourself into too much debt if you're not responsible with your credit card
- Are there are signup bonuses available with this card?
- What annual fees does it have?
- Are there penalty APRs?
- Does it have an interest free period, and if so, how long is it?
- How does it's APR compare to other cards?
- How does the rewards/points system work?
What are the approval odds for Rei Credit Card?
The approval odds are going to be heavily dependant on your credit score, income & expenses.
If you have a credit score of 750+, you can basically get approved for most credit cards, including the Rei Credit Card. But if you have a "poor" credit score, it's going to be a lot more difficult.
What credit score do I need for Rei Credit Card?
A general rule of thumb is if you have a "good" credit score (670-739) or above, then you're approval odds are relatively high.
Anything below that and the odds go down, you may be able to get approved with a "fair" credit score, but if you have a "poor" score, then it is extremely unlikely you'll be approved (unless the card is secured).
Improve your credit score BEFORE applying for Rei Credit Card
If your credit score is preventing you from qualifying for Rei Credit Card, we recommend you call one of our friendly credit experts for a free consultation. We'll review your credit report with you (in real-time), and see if there is anything we can do to help your score.
Once we've improved your score for you, you'll be in a much better place to apply & get approval for Rei Credit Card. Not to mention all the other benefits that come with a great credit score!
Maximizing the Benefits of Your REI Credit Card
Owning an REI credit card is beneficial, as it offers many perks, such as earning rewards on every REI purchase and receiving exclusive discounts and coupons. By using your card at every REI purchase, you can maximize rewards and become eligible for member-exclusive sales and events.
Another way to amplify your REI credit card's benefits is by using it daily. You can earn points through regular transactions, and then exchange them for REI gear, apparel, and outdoor experiences. Furthermore, consider using the card for travel-related payments as it offers trip cancellation or interruption insurance, baggage delay insurance, and emergency assistance services.
The Benefits of Having a Great Credit Score
Maintaining a good credit score is vital for expanding your financial opportunities. By having good credit, you can qualify for lower interest rates on loans, credit cards, and mortgages, resulting in substantial interest savings.
Additionally, a good credit score can help you secure rental applications and job opportunities, as both landlords and employers often scrutinize credit reports to gauge an individual's dependability and accountability.
A high credit score can also enable higher credit limits, making it easier to make significant purchases. Further, it could offer access to better insurance rates and streamlined cell phone plans. In any case, by upholding a good credit score, you can broaden your financial horizons and accomplish your objectives.