Please ensure Javascript is enabled for purposes of website accessibility

This device is too small

If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience.

Skip to main content

Cabela's CLUB Mastercard® Review: Only for Cabela's Biggest Spenders

Many or all of the products here are from our partners that pay us a commission. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page.

If you enjoy the outdoors, chances are you've heard of Cabela's. The company sells all kinds of supplies for hunting, fishing, camping, and everything in between, and you can make purchases through its site, its many catalogs, or one of its massive stores. The stores are an experience in and of themselves, featuring gun showrooms, archery ranges, and animal trophies mounted on the walls.

Cabela's offers its own credit card with Capital One, the Cabela's CLUB Mastercard®, for customers who want to earn points back that they can redeem at the store or at Bass Pro Shops, which acquired Cabela's in 2017. While store credit cards can be useful when you shop at a specific store often, the Cabela's CLUB Mastercard® has some drawbacks you should know about.

Full Cabela's CLUB Mastercard® review

Top perks

No annual fee: The Cabela's CLUB Mastercard® is a no annual fee card, so you can carry it free of charge.

Up to $30 CLUB Points bonus: When you're approved for the card, you'll receive $20 in CLUB Points, which can be applied toward any Cabela's or Bass Pro Shops order. You'll get another $10 in CLUB Points after making five purchases within the first 30 days after account approval. It's nowhere near what the best sign-up bonuses offer, but at least you can get some quick, easy rewards.

Up to 2% back: This card earns 2% back on purchases at Cabela's, Bass Pro Shops, and participating Cenex® locations. It earns 1% back on other purchases. Just like the card's introductory bonus, the rewards earned are CLUB Points that can be used with Cabela's or Bass Pro Shops.

Up to 5% back through upgrade opportunities: The first Cabela's credit card you can get is the Cabela’s CLUB Mastercard® Classic, but there are also two upgrades available if you spend enough:

  • Cabela's CLUB Mastercard® Silver: Requires $10,000 in annual spending using your Cabela's credit card. Earns 3% back on purchases at Cabela's, Bass Pro Shops, and participating Cenex® locations.
  • Cabela's CLUB Mastercard® Black: Requires $25,000 in annual spending using your Cabela's credit card. Earns 5% back on purchases at Cabela's, Bass Pro Shops, and participating Cenex® locations.

There is a credit history review required for these cards, so you're not guaranteed a new card just for spending enough.

Low APR for Cabela's and Bass Pro Shops purchases: You're charged an APR of just 9.99% for purchases at these stores. It's still better to pay your credit card bill in full and avoid interest entirely. But if you need some extra time, a 9.99% APR is much lower than you'd get with most other credit cards.

Access to special events: Cabela's offers two types of events throughout the year exclusively for its cardholders (and cardholders of Bass Pro Shops credit cards). There are Signature Outdoor Adventures, which are hunting and fishing trips to destinations around the world, and Experiences, which are behind-the-scenes events with popular brands in the outdoors industry.

You typically need to be in the Silver or Black spending tiers to get access to these events. There's also a fee to participate, with activities generally costing several thousand dollars or more.

Alternatives to consider

  • If you want to earn more rewards to fuel your scouting trips: Driving around to scout out good hunting and fishing spots isn't cheap, and you need to pack your own food. That's where the Blue Cash Preferred® Card from American Express comes in, with up to 6% cash back at U.S. supermarkets on up to $6,000 in purchases per year and 3% cash back at U.S. gas stations, plus several other useful bonus categories (terms apply).
  • If you want a bigger sign-up bonus: The Discover it® Cash Back matches all the cash back you’ve earned at the end of your first year. This sign-up bonus is only available during the first year and for new cardholders, but it can be particularly lucrative since the match is unlimited.

Read more: Best Credit Cards for Online Shopping

As of Jun. 21, 2022
Image for
Image for
Blue Cash Preferred® Card from American Express Discover it® Cash Back
Apply Now for Blue Cash Preferred® Card from American Express

On American Express' Secure Website.

Terms apply

Apply Now for Discover it® Cash Back

On Discover's Secure Website.

Rates & Fees Rates & Fees

Credit Rating Requirement:

Good/Excellent (670-850) Info Icon Circle with letter I in it.

Credit Rating Requirement:

Good/Excellent (670-850) Info Icon Circle with letter I in it.

Welcome Offer: Info Icon Circle with letter I in it.

$350 statement credit

Welcome Offer: Info Icon Circle with letter I in it.

Cashback Match

Rewards Program: Info Icon Circle with letter I in it.

1% - 6% cash back

Rewards Program: Info Icon Circle with letter I in it.

1% - 5% Cashback

Intro APR: Info Icon Circle with letter I in it.

Purchases: 0%, 12 months

Balance Transfers: N/A

Intro APR:

Purchases: 0% Intro APR, 15 months

Balance Transfers: 0% Intro APR, 15 months

Regular APR:

15.49%-25.49% Variable

Regular APR:

12.74% - 23.74% Variable APR

Annual Fee:

$95

Annual Fee:

$0

Highlights:

  • Earn a $350 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
  • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 plan fees on plans created during the first 12 months after account opening. Plans created after that will have a fixed monthly plan fee up to 1.33% of each purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
  • Low intro APR: 0% intro APR for 12 months on purchases from the date of account opening, then a variable rate, 15.49% to 25.49%
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
  • 1% Cash Back on other purchases.
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
  • $95 Annual Fee.
  • Terms Apply.

Highlights:

  • INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
  • Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • NEW! Discover helps remove your personal information from select people-search websites. Activate by mobile app for free.
  • Redeem cash back in any amount, any time. Rewards never expire.
  • NEW Intro APR: Get a 0% intro APR for 15 months on purchases. Then 12.74% to 23.74% Standard Variable Purchase APR applies, based on credit worthiness.
  • No annual fee.
  • Click "Apply Now" to see terms and conditions.
Apply Now for Blue Cash Preferred® Card from American Express

On American Express' Secure Website.

Terms apply

Apply Now for Discover it® Cash Back

On Discover's Secure Website.

Show More Arrow graphic to expand and collapse content Show Less Arrow graphic to expand and collapse content

What could be improved

Rewards rate: The Cabela's CLUB Mastercard® doesn't earn much back unless you spend enough to get the Silver or Black versions of the card. Otherwise, you'll only earn a lackluster 2%. Several store credit cards earn 3% to 5% at their issuing stores from the beginning.

Must redeem rewards for purchases: A common flaw with store credit cards is that their rewards can only be used for purchases with that store. This can save you money on purchases you were going to make anyway, but it doesn't help if you don't need to buy anything from Cabela's or Bass Pro Shops. Cash back credit cards tend to be a better choice compared to store cards, because they offer rewards you can use no matter what.

Can't earn more with Bass Pro Shops rewards program: Another way to earn rewards at Cabela's and Bass Pro Shops is to join the retailer's Outdoor Rewards® program. As a member, you'll earn 2% back on purchases made at those locations, just like you would by using the Cabela's CLUB Mastercard®.

Here's the problem -- the Cabela's CLUB Mastercard® and the Bass Pro Shops Outdoor Rewards® program don't work together to give you more rewards. You'll simply earn the rate offered by your Cabela's CLUB Mastercard®. It would actually be better to use a different rewards credit card not affiliated with Cabela's and be a member of the Outdoor Rewards® program. That way, you'll earn rewards on the credit card and rewards with Cabela's on the same purchase.

Read more: Best Store Credit Cards

Find the best credit card for your needs

Compare credit card rewards, fees, APRs, and more using our side-by-side comparison tool.

Suggested credit score

There's no guarantee of approval regardless of your credit score, and there's also a chance that you could be approved with a lower credit score. Aside from considering your credit score, credit card issuers generally review your credit history, income, and current debt as well.

This credit card is right for you if:

We recommend the Cabela's CLUB Mastercard® to one very specific type of consumer -- a person who is going to use the card for all their expenses and wants access to the experiences and other offers Cabela's has for its cardholders.

For everyone else, the Cabela's CLUB Mastercard® gets a hard no. There are plenty of cash-back cards that can earn you more back on your spending, and that's before you consider how you can use those cash-back cards with a Cabela's CLUB REWARDS membership to double up on your rewards.

FAQs

About the Author