You can use your Annual Dividend to shop at REI as soon as you receive it. It’s valid until January 3, 2020, which is nearly two years from now.
Yes. Bring your Annual Dividend notification to any REI store between July 1 and January 3 of the following year and ask for your leftover sum in cash. However, because stores have limited cash on hand, a request to redeem an Annual Dividend notification for cash may be handled as a check request at the discretion of the shop.
Yes. Before the end of the year, you can request a check for the remaining Annual Dividend. Despite the fact that you can request a check at any time, checks are only given to members from July 1 to January 3. Please note that no checks are issued for balances of less than $25, and checks are only made out to the principal member.
REI will no longer automatically mail a check when card benefits expire beginning in January 2024. For the first time, this adjustment will apply to credit card rewards earned in 2021 that are issued in the 2022 Annual Dividend and expire in 2024.
To have an Annual Dividend check mailed to your current or revised address, complete the following form:
Please fill out the form below with your address and submit it. Enter your name exactly as it appears on your membership card. The address you enter will be automatically updated in our database.
- Complete the online form. This is a quick and simple method of receiving your payment. Please note that a check will only be issued in the name of the primary cardmember.
Yes. You have until the end of the year to request a check for your remaining Annual Dividend (which includes your card rewards). Despite the fact that you can request a check at any time, checks are only given to members from July 1 to January 3. Please note that no checks are issued for balances of less than $25, and checks are only made out to the principal member.
Your dividend is due to expire on January 3, just over two years after it was paid out. Your dividend from 2020 purchases, for example, will expire in January 2023.
The dividend is deducted from the purchase price if the Annual Dividend has been paid (or is in the process of being paid). If you return an item within the same year that it was purchased, you will be refunded the full purchase amount.
Except for the products indicated below in the next section, most full-price items and other qualified REI retail purchases made from January 1 to December 31 are eligible for a payout. Any items returned for a refund or credit will be deducted from your dividend; if your payout has already been computed, any returns will be deducted from your dividend.
REI experiences tours, workshops, events, sales tax, postage, and the REI membership cost are all on sale or discounted. Labor, mounting, and leasing expenses are non-dividendable as well. The purchase of a gift card is not dividendable, however the gift card receiver can earn a member dividend when the gift card is used.
Why did I get a check from REI?
If your dividend sum is equal to or greater than $25, we’ll gladly mail you a check.
- Only the member whose name appears on the REI membership card is eligible for a dividend cheque.
- Requests received after 12:00 a.m. PST on January 4 will be processed on July 1st.
Please fill out the form below to obtain a check. Checks will be mailed to the address listed on your membership card.
If you’d like to update your address, please fill out the sections below, and we’ll update our database with the information you provide.
How can I redeem my REI dividend?
Using your REI annual dividend is a simple process. You can begin spending as soon as you receive notification of your balance. It’s valid at any REI store, as well as online and over the phone.
You can contribute your dividends to the REI Foundation if you’re the altruistic sort who would rather assist nurture a thriving community of like-minded outdoor enthusiasts. It’s a win in any case.
Can I use my dividend online?
Yep! You may use it at any REI store, including the REI Outlet, and you can even plan trips through REI’s adventure travel program. REI’s mobile apps accept dividends as well.
How do I apply my dividend to a purchase?
You can add a membership to your purchase by entering your phone number or member number in your cart and checking out with your REI account or as a visitor.
After you’ve added your membership, you’ll be able to see your current dividend balance, which you may use to pay for your purchase. Easy.
Are there any REI dividend sales?
The REI End-of-Season Clearance Sale, which recently began, is currently available. According to REI, the best discounts go fast, so it’s usually worth grabbing whatever you see soon. You can also wait for their large holiday sales throughout the year, when previous season apparel is significantly discounted and the greatest offers sell out quickly.
Is REI dividend taxable?
Unless your purchases were for purposes other than personal use, patronage dividend refunds are not taxable income. Please see your tax expert if this is the situation for you.
Because this year’s Patronage Dividends are based on Central Co-2015 op’s sales, only those who were Central Co-op members in 2015 (and shopped at the Seattle location) prior to the merger would receive a 2015 dividend.
Is the REI co-op worth it?
Here’s an example of how the REI membership discount can be put to good use. There are several items of hiking equipment that are practically never reduced. The MSR Guardian Water Purifier (a Backpacker Magazine Editors’ Choice winner) is one of those pieces of kit. It usually sells for around $350.
I utilized my 20% REI member coupon at the time of purchase, and then received a 10% REI membership discount on the item, saving me $105 (30%) on the purchase. Normally, I wouldn’t be able to find any kind of discount on this item, even on Amazon (where it’s generally a penny less than REI’s $349.99 pricing).
And I felt good about it since I was supporting a decent-hearted business. Everyone comes out on top.
Does REI dividend come with coupon?
Moutain Hardwear’s hip-length rain shell features a lightweight, 2.5-layer waterproof-breathable membrane and is a Co-op exclusive. It contains rain-resistant zippers and pockets, as well as rainy-day features like adjustable cuffs, a drop hem, and a brimmed hood.
REI Co-op Magma 15 Sleeping Bag: $284-299 (25% Off)
The Magma is a cool-weather sleeping bag for backpackers, with 850-fill-power goose down that can withstand temperatures as low as 16 degrees Fahrenheit. A built-in footbox and a contoured hood with drawstrings are included in its boxier mummy design.
ENO DoubleNest Hammock: $70 (40% Off)
This hammock is double-wide and can accommodate up to 400 pounds while still fitting into a 4 x 5-inch sack. These colorful hammocks are made from fabric leftovers of extra-durable nylon and come in a variety of colors and patterns.
REI Co-op Flexlite Camp Boss Chair: $60 (25% Off)
The Boss Flexlite is an improved version of the original, with a larger surface area and increased weight capacity (up to 300 pounds). In the included case, the connecting legs can be collapsed. And at 2 pounds 14 ounces, this chair is light enough to take on an overnight hike.
REI Co-op Rainier Rain Jacket — Men’s & Women’s: $67 (25% Off)
These rain jackets are lightweight and pack into their own pockets, weighing only 11.4 ounces. The three-paneled hood may be stowed down or adjusted for a custom fit. For even greater discounts, look for clearance sizes.
REI Co-op Trailbreak Trekking Poles: $45 (25% Off)
These metal poles with EVA grips and big levers for easy adjustments add balance and knee relief to your hikes. They are 55 to 41 inches long and weigh 1 pound 1 ounce.
REI Member Dividends, 20% Off Coupons, Schedule
A part of your approved REI purchases is returned to you in the form of dividends every March. If you’re a frequent shopper, that number can easily reach three figures. Even if the savings are only ten dollars, now is a good opportunity to stock up on new gear. You can check your dividend online if you didn’t receive it in the mail.
There’s a lot of REI Co-op goods on sale right now. We highlighted a few standouts and offered an overview of the ongoing auction in the previous section. Make sure to take advantage of the special member offers available during dividend season, which are listed below.
- Remember, the Co-op sale is only good until April 6th. Because REI shops are presently closed, orders placed online will receive free shipping.
- Through April 6, REI members may save 20% on one full-price item and an additional 20% off one REI Outlet item. At checkout, enter the code MEMPERK2020.
- 10% bonus: When you spend $50 or more on REI Co-op brand items, you’ll get twice your dividend (an additional 10%).
Does REI give military discount?
REI does not give a military discount for individuals, but it does offer a discount for large military organizations and has other ways to save.
The membership entitles you to a refund on purchases made throughout the year, as well as a discount on transactions outside of REI.
Is REI nonprofit?
A new community-supported public charity will support organizations that promote outdoor justice, equity, and belonging.
The Fund is investing an initial $1 million in 19 nonprofit partners who are aligned with this purpose as part of its inaugural grantmaking. The Fund will scale this investment as more people participate and donate. The new charity draws on the co-long op’s history of philanthropy. Over $120 million has been invested in hundreds of nonprofit partners across the country by the co-op to far.
- Outdoor-focused organizations headed by and assisting Black communities, Indigenous peoples, people of color, the LGBTQ+ community, people with physical impairments, and women will be supported by the Fund.
- Increasing equitable outdoor access: The Fund will support efforts to improve equitable outdoor access, with a focus on community-led carbon reduction projects that bring environmental benefits closer to home for marginalized communities.
- The Fund will support efforts to deepen and expand scientific research, as well as Traditional Ecological Knowledge, to show that spending time outside promotes mental, physical, and emotional health and well-being.
What is REI Co-op membership?
Whether you’re a thrill seeker trying to be off the grid for a few days or an outdoor enthusiast gearing up for a winter trip, REI is likely to have what you’re looking for. You’re already in the know if the cashiers consider you a regular—and you’ve definitely pondered joining the REI Co-op, which allows frequent shoppers to earn back a percentage of their purchases at the end of the year.
Admission to the REI Co-op is inexpensive: The cost of a lifetime membership is only $20. You’ll also get 10% back in annual dividends if you spend at least $10 every year on qualified goods, as well as member-only discounts during special in-store events and, in some cases, free shipping. You have the option of using your dividends (which are paid out once a year in March) toward REI purchases or receiving them as cash. On the surface, joining the Co-op appears to be a no-brainer—but whether it makes sense for you depends on how you shop and what you shop for.
What are your shopping habits?
If you’re a regular REI shopper who lives near a store and usually pays full price, you’ll get the most out of the membership advantages. However, because you can’t earn dividends on sale or clearance items, bargain seekers won’t get any money back at the end of the year. REI Outlet purchases are also not eligible for dividends.
Will you use the exclusives?
Co-op Experiences are discounted for members, but dividends cannot be applied on trips (or to classes at the REI Outdoor School). Even if you only shop the sale section, joining the Co-op would be beneficial if you plan to take advantage of the Co-other op’s benefits, such as savings on REI Adventures. Instead of earning dividends, you’ll save money on your entire trip—and then some. Members, for example, can save up to 57 percent on lift tickets at select ski resorts (there are around 60 to choose from); at some resorts, this equates to a savings of more than $100.
In addition, many REI stores hold an annual garage sale showcasing returned products at discounted pricing, which is solely open to Co-op members.
Are you planning to make just one big purchase?
Even if you never set foot in another REI (or browse the website) after your first purchase, joining up for the Co-op membership can be useful in some cases. If you’re looking for more expensive gear, such as a GPS running watch or a family-friendly canopy tent, being a member is well worth it. Take, for example, the Garmin Forerunner 645 running watch: If you pay the full $400 for the watch, you’ll get 10% ($40) back in dividends at the end of the year. Sure, you’ll only make $20, but that’s $20 more than you started with, and no one can argue with free money.
How close is your nearest store?
When assessing the benefits and drawbacks of Co-op membership, remember to factor in REI’s shipping charges. For free delivery, you must spend at least $50, and you may be charged additional handling fees for larger, bulkier items. This isn’t a problem for buyers who live near a REI and can choose in-store pickup—but if your local store is a bit too far away, paying for shipping and handling may be necessary, making purchasing online less cost-effective.
Are you a brand loyalist?
Even if you’re frequently shopping for outdoor gear, you might think twice before joining REI. You don’t have to buy from REI just because you adore the outdoors—competitors like Amazon, Backcountry, and Moosejaw frequently match REI’s sale pricing, even its member-only sales. With that in mind, your Co-op membership’s exclusive access to REI discounts isn’t worth much, especially if your order isn’t eligible for dividends or free shipping.
But brand loyalty exists, and for many customers, REI is a trustworthy retailer that donates a portion of its profits to numerous charities. If you find yourself returning to REI time and time again, despite the fact that other merchants may offer greater deals, a Co-op membership is probably for you. This is especially true if you have a fondness for REI-branded items (Wirecutter certainly has a few favorites).
How many REI members are there?
REI is the nation’s biggest consumer cooperative, with more than 20 million members who demand and appreciate the highest quality gear, exciting expert workshops and excursions, and exceptional customer service.
What is an REI dividend?
REI Co-op members receive a one-of-a-kind bonus each year: the REI member dividend, which is your part of REI’s profits from the previous year. We don’t have any profits to distribute to members in the form of a dividend because we didn’t make a profit in 2020.
