How do I earn a dividend?
The REI dividend is a unique benefit of membership in the REI co-op. It is your share of the Co-op's annual profit. It's comprised of your member refund and/or your REI Visa® card rebates.
Each March, active REI members receive their member refund in the form of an annual dividend notice. The refund is typically 10% back on eligible REI purchases.*
Only active members receive annual dividend notices. To maintain your active status as an REI member, you need to make net merchandise or shipping purchases of at least $10 per year, unless you joined that year. Member numbers are issued in one name and only that person receives the member refund. Your number can be used by others in your family, but it cannot be transferred to someone else.
Questions? Call us at 1-800-426-4840 for more about your dividend or its redemption.
What is the REI Visa card rebate?
1 5% back applies to net REI purchases (purchases minus credits and returns) including full-price and discount-price items, REI gift cards, services, fees and REI Adventures-invoiced trip payments.
21% back applies to net non-REI purchases (purchases minus credits and returns) only. Advances, convenience checks, balance transfers, interest or finance charges and fees, credit insurance charges, or transactions to fund certain prepaid card products are not eligible.
Purchases made after a cardmember’s final billing of 2012 will apply to the 2013 rebate. To ensure proper credit for REI Visa card purchases, the name of the primary cardmember must match the name on the REI membership card. Questions about your REI Visa card rebate may be directed to U.S. Bank Cardmember Service at 1-877-734-8742.
When do I get my refund and/or rebate dividend?
Dividend notices are sent to all members who earned a dividend on dividendable purchases* or member rebate in mid- to late-March of the year following accrual.
Dividendable Purchases from REI
All eligible REI merchandise purchases posted from January 1 through December 31, less any items returned for refund or credit.
Non-Dividendable Purchases from REI
The following are not eligible for the REI member refund: sale items, items discounted 15% or more, REI Adventures trips, REI Outdoor School classes, sales tax, postage and the REI membership fee. Service fees for labor, mounting, engraving and rentals are also non-dividendable. The purchase of a gift card is non-dividendable, but a member refund may be earned by the gift card recipient/holder when the gift card is redeemed.
How do I spend my dividend?
The REI dividend is good for merchandise immediately upon receipt of your dividend notice through its expiration date:
1-800-426-4840 (U.S. and Canada)
Can I receive my dividend in cash?**
From July 1 through December 31, you may bring your dividend notice to any REI store and request to receive cash for your remaining dividend. Stores have limited cash on hand; a request to redeem a dividend notice for cash may be handled as a check request at the store's discretion.
Can I receive my dividend by check?**
You may request a check for your remaining dividend at any time prior to expiration. While you may request the check at any time, REI issues checks only from July 1 through December 31 of each year. Please note that no checks are issued for dividends under $1.
Request a dividend check:
1-800-426-4840 (U.S. and Canada)
By mail, returning your dividend notice to:
REI Membership Services
P.O. Box 1938
Sumner, WA 98390-0008
When does my dividend expire?
On December 31, 2013:
On December 31, 2014:
How do returns affect my dividend?
When you return an item for which you earned a dividend, one of two things can happen:
Complete the fields below to retrieve your last dividend. Please note: Amount will not reflect any transactions made since your last dividend notice. To protect your privacy, the information you provide must match our records exactly.
Get your lifetime membership for $20.
*10% is typical but not guaranteed. Your refund is based on eligible purchases, which exclude REI-OUTLET.com items (prices ending in $.73), sale items (prices ending in $._9) and clearance items (prices ending in $.93 or $.83), items discounted 15% or more, gift cards, REI Adventures trips, REI Outdoor School classes and outings, sales tax, postage, mounting, engraving, labor, rental fees, lift tickets, government agencies and membership fee.
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