REI Co-op Mastercard

The pitch is simple: 5% back at REI retail stores and REI.com, with no annual fee and no foreign transaction fee, which makes it a straightforward pick if you buy gear at the co-op regularly. The 1.5% flat rate on everything else is respectable for a store-branded card, so it isn't dead weight between outdoor purchases, though plenty of general cash back cards match or beat it. The welcome offer is a $100 REI gift card after your first purchase outside REI within 60 days, which is one of the easier bonuses to trigger since there's no spending threshold to clear. Just note that the payoff comes back to you as REI value, so it only counts if you were going to spend it there anyway. With a regular APR of 17.49% to 28.49%, carry a balance and the 5% stops mattering quickly.