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

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

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

The REI Co-op Mastercard earns 1.5% base cash back, while the Target Mastercard earns 1.0%. The best choice depends on your spending habits. Use the calculator to see which card earns you more.

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

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

REI Co-op® Mastercard® vs Target™ 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 REI Co-op® Mastercard® (no annual fee) and the Target™ 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

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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Target Mastercard

Strongest in dining at 2%. 5% off every Target purchase instantly at checkout, plus 2% on dining and gas and 1% elsewhere.

Annual fee: None Foreign fees: 3%

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

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Head-to-Head Comparison

Feature	REI Co-op Mastercard	Target Mastercard
Annual Fee	$0	$0
Sign-Up Bonus	$100 after $1 spend in 2 months	None
Foreign Transaction Fee	0%	3%
Base Reward Rate	1.5%	1.0%
Dining Rewards	1.5%	2%
Gas Rewards	1.5%	2%
Key Benefits	5% back at REI and rei.com, 1.5% on everything else, with no annual fee and no foreign transaction fees.	5% off every Target purchase instantly at checkout, plus 2% on dining and gas and 1% elsewhere.

The Verdict

REI Co-op Mastercard pulls ahead for travel, groceries spending.

Target Mastercard wins on dining, gas.

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.