When does the REI dividend come out?

If you are a member of REI (Recreational Equipment Inc.), you are most likely aware of the annual dividend that you receive for your purchases. This dividend can be an exciting reward for outdoor enthusiasts, as it allows them to earn a percentage back on their REI purchases and use it towards future ones. However, the specific timing of when the REI dividend comes out may vary from year to year. Let’s explore the topic further and address some frequently asked questions about the REI dividend.

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1. When can I expect to receive my REI dividend?

The exact date when the REI dividend comes out can change each year. Typically, dividends are calculated on a member’s eligible purchases made throughout the previous year. The dividend is usually paid out in the spring of the following year. To get an accurate date for your specific dividend, it’s best to check REI’s website or contact their customer service.

2. How is the amount of my REI dividend calculated?

The REI dividend is calculated based on a percentage of your eligible purchases from the previous year. This percentage is typically around 10% but can vary. The exact calculation method may depend on factors such as the type of purchase (full-price, sale, or clearance) and any discounts applied.

3. Can I receive my REI dividend in cash?

No, the REI dividend is not paid out in cash. Instead, it is usually issued in the form of an REI merchandise credit or a physical dividend check that can be used towards future purchases at REI.

4. Is there a minimum purchase amount required to receive an REI dividend?

No, there is no minimum purchase amount required to receive an REI dividend. Whether you made one small purchase or numerous larger ones, you are still eligible to earn a dividend based on your total eligible purchases.

5. Can I earn a dividend on REI Outlet purchases?

Yes, purchases made at REI Outlet are generally eligible to earn a dividend. However, it’s important to note that some exclusions may apply, so it’s always a good idea to review the specific terms and conditions to determine eligibility.

6. Can I combine my REI dividend with other discounts or promotions?

Yes, you can typically combine your REI dividend with other discounts or promotions. This allows you to maximize your savings and get even more value out of your dividend.

7. Can I check my REI dividend balance online?

Yes, you can easily check your REI dividend balance online by logging into your REI member account. The dividend balance will be displayed in your account dashboard.

8. What happens if I return an item that earned me a dividend?

If you return an item that earned you a dividend, the amount you received back as a dividend will be subtracted from your total refund. This ensures that the dividend is only earned on items that are kept and not returned.

9. Can I transfer my REI dividend to another person?

No, the REI dividend is non-transferable and can only be used by the member it was issued to. It cannot be transferred or gifted to another individual.

10. Do REI lifetime members receive a higher dividend?

REI lifetime members do not receive a higher dividend based solely on their membership level. The dividend amount is determined by the eligible purchases made throughout the year, regardless of membership status.

11. Does the REI dividend expire?

Yes, the REI dividend does have an expiration date. Typically, the dividend is valid for about two years from its issuance date. It’s important to use your dividend before it expires to make the most of this valuable benefit.

12. Can I earn an REI dividend on gift card purchases?

No, purchasing an REI gift card does not earn you an REI dividend. Dividends are typically earned based on purchases made using the gift card rather than the purchase of the gift card itself.

In conclusion, the exact timing of when the REI dividend comes out can vary from year to year. By reviewing your eligible purchases and checking your REI member account, you can stay informed about when your dividend will be issued. Remember to make the most of your dividend by using it towards your next outdoor adventure or gear upgrade. Happy exploring!