Home » Credit Card Reviews » Cabela’s Club Visa Card Review

Cabela’s Club Visa Card Review

Cabela’s Club Visa Card Review

*Editorial Note: This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated Nov 05, 2018, but some terms and conditions may have changed or are no longer available. For the most accurate and up to date information please consult the terms and conditions found on the issuer website.

Cabela’s, a specialty retailer of outdoor recreation merchandise, has gone through two big changes recently. To start, it merged with Bass Pro Shops in September 2017. As part of that, it switched card issuers from Visa to Mastercard and tapped Capital One to manage its three branded credit cards. Capital One will send out new cards to existing customers by December 2018, although current cards can still be used.

This store is one of the most popular and well-known outdoor brands in the nation, serving outdoors enthusiasts with a full inventory of quality products — from guns and ammunition to camping equipment — at competitive prices. It offers you three card options from which to choose, depending on how many rewards you want to earn and how much you spend at the store per year.

Below we’ll outline the pros and cons of the three cards. And for those who don’t want to be tied to one retailer, we’ll review the Amazon Prime Rewards Visa Signature Card and the Amazon Rewards Visa Signature Card as alternatives.

Choosing the right Cabela’s card for you

Cabela’s is famous for being a bargain shopper’s paradise for outdoor gear. It offers things such as the Bargain Cave, where items are on sale for up to 70% off; coupons; promo codes; special offers; rebates; Cabela’s bucks; guns of the week deals; and weekly specials.

When you use one of the three credit cards — Cabela’s Club Visa Classic Card, Cabela’s Club Visa Silver Card and Cabela’s Club Visa Black Card — to take advantage of these deals, you can make the most of the points you earn when it comes time to redeem them. But it’s important to read the fine print because the points you earn on these cards depends on how much you spend on them per year. Those spending amounts may not be worth the extra points you earn.

 

Cabela’s Club Visa Classic Card Cabela’s Club Visa Silver Card Cabela’s Club Visa Black Card
Annual Fee $0 $0 $0
Regular Purchase APR 9.99% fixed APR for Cabela's and Bass Pro Shops purchases and 17.09% - 26.09% variable APR on all other purchases 9.99% fixed APR for Cabela's and Bass Pro Shops purchases and 17.09% - 26.09% variable APR on all other purchases 9.99% fixed APR for Cabela's and Bass Pro Shops purchases and 17.09% - 26.09% variable APR on all other purchases
Rewards 2% points back on all Cabela's purchases and at participating Cenex® convenience store locations and 1% points back on all other purchases 3% points back on all Cabela's purchases and at participating Cenex® convenience store locations and 1% points back on all other purchases ($10,000 annual spend requirement) 5% points back on all Cabela's purchases and at participating Cenex® convenience store locations and 1% points back on all other purchases ($25,000 annual spend requirement)
Sign-up Bonus Earn $25 in club points upon approval. Plus, make 5 purchases with your new card within 30 days of account approval anywhere Visa credit cards are accepted and earn an additional $10 in points. Earn $25 in club points upon approval. Plus, make 5 purchases with your new card within 30 days of account approval anywhere Visa credit cards are accepted and earn an additional $10 in points. Earn $25 in club points upon approval. Plus, make 5 purchases with your new card within 30 days of account approval anywhere Visa credit cards are accepted and earn an additional $10 in points.
Foreign Transaction Fee None None None
Other Details
  • Points never expire
  • No cap on the points you earn
  • Earn points at Cabela’s, Bass Pro Shops and Cenex®
  • Price protection
  • Extended warranty coverage

The Cabela’s Club Visa Classic Card: Best for those who want to get the Cabela’s perks without having to spend a set amount of money each year to get them. But that means you’ll only earn 2% points back on all Cabela's purchases and at participating Cenex® convenience store locations and 1% points back on all other purchases when using this card.

The Cabela’s Club Visa Silver Card: If you want to boost the rewards you can earn, then the Cabela’s Club Visa Silver Card is the next step up. Earn 3% points back on all Cabela's purchases and at participating Cenex® convenience store locations and 1% points back on all other purchases ($10,000 annual spend requirement). As nice as the hike of points per $1 spent is, some might be put off by the annual spending required with this card.

The Cabela’s Club Visa Black Card: Last but not least, there’s the Cabela’s Club Visa Black Card, which has the same sign-up bonus as the other two cards. Cardmembers earn 5% points back on all Cabela's purchases and at participating Cenex® convenience store locations and 1% points back on all other purchases ($25,000 annual spend requirement). You’d need to be a big outdoor enthusiast to hit the spending requirement needed to earn the best reward on this card.

The downside to Cabela’s cards

The low APR on these cards translates into a pretty good deal when you shop exclusively at Cabela’s, Bass Pro Shops and the Cenex® chain of stores. But when you’re shopping outside these places, you’re facing potentially steep rates. When an APR is above 15% — which is common on many of today’s credit cards — it should encourage you to never carry a balance on your plastic because that kind of interest can become very expensive very quickly.

Another downside with these cards is that you can only spend the rewards you earn at Cabela’s or Bass Pro Shops. If you spend at these stores regularly and like using your rewards to fund your outdoor activities, then these are the cards for you. But if you want to earn higher rewards for broader categories, you may want a credit card that gives you more flexibility.

Check out our picks for the best cashback credit cards.

Compare it with the Amazon Prime Rewards Visa Signature Card or Amazon Rewards Visa Signature Card

There are other credit cards on the market that allow you to earn more rewards that are a better option for those who don’t want to put all their credit eggs in the Cabela’s basket.

Amazon.com offers more than 50,000 items alone in its sports and outdoor department, including fishing accessories, knives and tools, and camping equipment. You can also buy things such as groceries, home goods, electronics, clothing and accessories, books and toys.

Amazon offers two credit card options — one requires membership in its Prime product, while the other doesn’t.

The Amazon Rewards Visa Signature Card, with its $0 annual fee, comes with $50 Amazon.com gift card upon approval. The card lets you earn 3% back at Amazon.com and Whole Foods Market, 2% back at restaurants, gas stations and drugstores, 1% back on all other purchases.

If you already have an Amazon Prime membership, pairing it with the Amazon Prime Rewards Visa Signature Card is a natural. It has a $0 annual fee and offers a $70 Amazon.com gift card upon approval. With a Prime membership priced at $119 a year, the price drops to $49 for the first year with that $70 Amazon.com gift card upon approval. With this card, you earn 5% back at Amazon.com and Whole Foods Market, 2% back at restaurants, gas stations and drugstores, 1% back on all other purchases.

The rewards offered by both Amazon cards are higher than the Cabela’s cards in the top categories of restaurants, gas and drugstores. It’s not a surprise that they both let you spend the points you earn — 100 points equals $1 — on Amazon.com. But you can also redeem them at Amazon.com, or for cash back, gift cards and travel. Terms apply.

The information related to the Amazon Prime Rewards Visa Signature Card and Amazon Rewards Visa Signature Card has been collected by CompareCards and has not been reviewed or provided by the issuer of this card prior to publication.

Check out our reviews of the Amazon credit cards.

The bottom line

If you’re loyal to Cabela’s and Bass Pro Shops and don’t care about earning rewards in the more popular categories, these cards will serve you well. And you have three solid options to choose from based on how much you spend per year.

When you pair the card with the regular coupons, promos, special offers and sales to be had at Cabela’s and Bass Pro Shops, you can maximize the points you earn and pay a lower APR. But watch out for the spending required to earn higher rewards on the Cabela’s Club Visa Silver Card and Cabela’s Club Visa Black Card. And note that the purchase APR for spending on all other items can be steep.

With the Amazon cards, you can have your rewards cake and eat it too. You not only earn higher points on your outdoor goods but on hundreds of thousands of other items for sale at Amazon.com. You get more flexibility on how you spend those points, either at Amazon.com or on the Chase Ultimate Rewards® website.


Recommended Posts:

Chase Sapphire Preferred Card Review

Who the card is best for The Chase Sapphire Preferred® Card is great for frequent travelers who want to get the most value for their points. The fact that you can earn 25% more in travel redemption value by redeeming rewards through the Chase Ultimate Rewards® portal is a unique way for you to maximize points. If you […]

Read More

Read More

Home Depot Credit Card vs. Lowe’s Credit Card

Whether big or small, home renovations can be a solid investment, giving you the potential to add value to your property and the benefit of enjoying a new and improved living space. Funding a home improvement project can be tough, which is why you might consider financing some of the expenses with a credit card. […]

Read More

November 16, 2018