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 $50 CLUB Points bonus
When you're approved for the card, you have the chance to get up to $50 in CLUB Points. Here's how it works:
- Get $20 instantly. Upon approval, you'll get $20 in CLUB Points that you can use toward any Cabela's or Bass Pro Shop purchase.
- Get $10 after two Cabela's or Bass Pro Shop purchases. These purchases have to be made within 30 days of account approval. They also have to be made on two separate visits.
- Get $20 after five purchases on your card. Finally, you can get another $20 in CLUB Points if you make five purchases on your Mastercard within 30 days of account approval.
To be sure, $50 is 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.