When do I get my REI dividend?
Mia Russell When do I get my REI dividend?
If you are a member of REI (Recreational Equipment Inc.), you might be eagerly waiting for your annual dividend. REI dividends are a unique perk offered exclusively to REI Co-op members. This article aims to address the question you might have been asking: When do I get my REI dividend?
REI dividends are calculated based on your purchases throughout the year and are typically paid out in mid-March the following year. It’s an exciting time for REI members, as this dividend can be used to purchase new outdoor gear, clothing, or any other products available at REI stores or online.
To shed more light on the REI dividend process and provide additional information, let’s explore some related frequently asked questions:
Table of Contents
1. How is the REI dividend calculated?
The REI dividend is calculated as a percentage (typically 10%) of eligible purchases you make throughout the year.
2. Can I earn a dividend if I am not an REI member?
No, only REI Co-op members are eligible to earn a dividend. However, anyone can become a member by paying a one-time lifetime membership fee.
3. Can I use my REI dividend immediately?
Yes, you can use your REI dividend immediately after it has been issued to you. It’s like store credit, so you can shop for your favorite outdoor gear without delay.
4. How will I receive my REI dividend?
REI provides multiple options for receiving your dividend, including through a mailed check, in-store pickup, or direct deposit.
5. Can I use my dividend online?
Absolutely! You can use your REI dividend for online purchases, making it convenient to shop from the comfort of your own home.
6. Can I combine my REI dividend with other offers or discounts?
Yes, you can use your REI dividend in combination with other offers and discounts, maximizing the value of your dividend.
7. Do REI dividends expire?
No, your REI dividend does not have an expiration date, allowing you to use it whenever you are ready to make a purchase.
8. Can I redeem my dividend at any store?
Yes, you can redeem your REI dividend at any REI retail store, as well as online at REI.com.
9. What if I don’t spend my entire dividend at once?
If you don’t spend your entire dividend in one transaction, any remaining balance will be provided to you as an electronic gift card.
10. Can I earn a dividend on services and rentals?
No, dividends are earned only on eligible purchases, excluding REI adventure travel, REI classes, and rental fees.
11. Can I receive a dividend if I return a purchase?
If you return an item for which you received a dividend, the refund will be adjusted accordingly, and the dividend amount will be deducted.
12. What if I lost my dividend or never received it?
If you lost your dividend or it never arrived, don’t worry. REI customer service can assist you in reissuing your dividend.
So, when do you get your REI dividend? Be sure to keep an eye out for your dividend notification in mid-March, and start planning for your next REI shopping spree. Whether you have your eyes on hiking gear, camping essentials, or any other outdoor equipment, your REI dividend is a valuable benefit of being an REI Co-op member. Enjoy your dividend and happy exploring!
