REI has sent out an e-mail to existing cardholders stating they have chosen Capital One to issue and managed their cobranded credit card. Previously this was managed by U.S. Bank. At this stage we just know that the change over will happen on August 5, 2022. There are some changes to the card as well:
- $50 annual credit toward REI Co-op Experiences
- Card will earn 1.5% back on all purchases (previously 1%)
- Rewards won’t expire
