- 1 How long does REI dividend take to show up?
- 2 How do I redeem my REI dividend?
- 3 Do you get REI dividend on sale items?
- 4 Is REI giving dividends this year?
- 5 Can you combine REI dividends?
- 6 Can you shop at REI without a membership?
- 7 Can I spend my REI dividend Online?
- 8 Are REI dividends taxable?
- 9 Can you return clearance items to REI?
- 10 How much of a discount do REI employees get?
- 11 Is REI expensive?
- 12 Do REI members get free shipping?
- 13 Did REI make a profit?
- 14 What’s the REI dividend?
- 15 Does REI have a Memorial Day sale?
How long does REI dividend take to show up?
When do I get my member dividend? Annual Dividend notices are sent out in March. For example, the member dividend you earn on purchases made in 2020 will be issued in March 2021 and expire in January 2023.
How do I redeem my REI dividend?
You can use your dividend when you purchase on REI.com – just make sure you’re signed in to your online account and have your membership attached; your dividend will then appear as an option to use during check-out!
Do you get REI dividend on sale items?
Here are some of the purchases you can ‘t earn a member dividend on: Sale items, discounted items, REI adventure travel, REI classes or day trips, sales tax, postage and the REI membership fee. Service fees for labor, mounting and rentals are also non-dividendable.
Is REI giving dividends this year?
REI is replacing its member dividend with a special reward after ending a pandemic-plagued year “without making a profit.” In a letter to co-op members, VP of marketing Vivienne Long wrote that the annual benefit — or a share of the outdoor and sporting goods retailer’s yearly profits — will not apply for 2020.
Can you combine REI dividends?
We do not have a way for a member to gift their dividend to another person. Membership at REI belongs to the individual member and is non-transferable.
Can you shop at REI without a membership?
Depending on the specific store, REI sells this gear as “used” or “used Garage Sale” gear. If the gear is associated with a garage sale, you need to be a member to buy it. Some smaller REI stores don’t have a big used section, and in those cases, often the used/returned gear can be purchased without being a member.
Can I spend my REI dividend Online?
You can use your dividends with online purchases. Make sure that you’re signed in to your REI.com account and your membership number is attached to it. When you check-out, your dividend balance will be available as a method of payment.
Are REI dividends taxable?
Patronage dividend refunds are not taxable income unless your purchases were for purposes other than personal use.
Can you return clearance items to REI?
@Philreedshikes is right – closeout items are ones we will no longer carry (once we’ve sold through our current inventory) and are covered by our 100% satisfaction guarantee and 1 year return policy. In contrast, Used Gear has a 30 day return policy. Hope this helps!
How much of a discount do REI employees get?
Employee Discount Program: REI employees receive 50% discounts on REI Gear and Apparel. The discount program also includes 30% off our vendor merchandise and 10% off sale items. REI employees also have access to our vendor ProDeal Discount Program.
Is REI expensive?
The REI membership fee of $20 is good for a lifetime membership. So the more years that you have an REI membership, the less it actually ends up costing. If you are buying gear over $200, it pays for itself immediately. I’m getting a few hundred bucks back every year with my REI Membership.
Do REI members get free shipping?
Terms and Conditions: FREE U.S. STANDARD SHIPPING on orders of $50 or more. Exclusions apply. Offer valid only on orders placed at REI.com, REI Outlet and 1-800-426-4840.
Did REI make a profit?
REI sent a letter to its members Thursday announcing that the outdoor retailer did not post a profit in 2020 and thus its member dividend will be structured differently this year. In 2019, the company reported $3.1 billion in revenue and $21 million in net income.
What’s the REI dividend?
What is the REI Dividend? The dividend is a sum of money that is awarded back to REI co-op members every year. The amount of money is based on two primary factors: a percentage of all eligible purchases made by a member and any rewards they accrued on their REI Mastercard during the previous year.
Does REI have a Memorial Day sale?
The REI Memorial Day Sale is actually the REI Anniversary Sale, which usually takes place leading up to the Memorial Day holiday. Traditionally, the Anniversary Sale ends the day of Memorial Day.