Which card has a lower annual fee, Fold or REI Co-op Mastercard?

The Fold has no annual fee, compared to $0 for the REI Co-op Mastercard.

Which card earns more cash back, Fold or REI Co-op Mastercard?

The Fold earns 1.5% base cash back, while the REI Co-op Mastercard earns 1.5%. The best choice depends on your spending habits. Use the calculator to see which card earns you more.

Is the Fold better than the REI Co-op Mastercard?

It depends on your spending. If you spend more on categories where the Fold offers higher rewards, it may be better. Use our calculator to compare based on your actual monthly spending.

Fold vs REI Co-op® Mastercard®: Which Card Wins for Your Spending?

Which earns more for you?

Travel ($)

Dining ($)

Groceries ($)

Gas ($)

Special ($)

Other ($)

Monthly spending. We rank on rewards minus the full annual fee, so statement credits and perks are listed separately and never counted for you.

Choosing between the Fold (no annual fee) and the REI Co-op® Mastercard® (no annual fee) comes down to where you spend most. Both cards can deliver real value. Let’s break it down, then run your numbers to find the winner.

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Meet the Contenders

Fold

1.5% bitcoin back on all purchases (stackable up to 4% with bitcoin activity). Earns a solid 1.5% on everything else.

Annual fee: None Foreign fees: 0%

Perfect if: You want solid rewards without paying an annual fee.

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REI Co-op Mastercard

5% back at REI and rei.com, 1.5% on everything else, with no annual fee and no foreign transaction fees. Earns a solid 1.5% on everything else.

Annual fee: None Sign-up bonus: $100 after $1 spend in 2 months Foreign fees: 0%

Perfect if: You want solid rewards without paying an annual fee.

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Head-to-Head Comparison

Feature	Fold	REI Co-op Mastercard
Annual Fee	$0	$0
Sign-Up Bonus	None	$100 after $1 spend in 2 months
Foreign Transaction Fee	0%	0%
Base Reward Rate	1.5%	1.5%
Key Benefits	1.5% bitcoin back on all purchases (stackable up to 4% with bitcoin activity).	5% back at REI and rei.com, 1.5% on everything else, with no annual fee and no foreign transaction fees.

The Verdict

These cards are closely matched across categories, so the winner comes down to your specific spending mix.

Not sure which fits your life? Enter your spending below and we’ll do the math. The calculator ranks purely on rewards minus the full annual fee, so credits and perks are yours to judge.