REI Dividend - It's finally here!

bertfivesix · Post by **bertfivesix** » Wed Mar 23, 2011 12:54 am

12.97

Low enough that I can't really get any new, cool gadgets. So if I want to use it, I'll have to apply it to something more expensive, so I end up spending additional money anyway ("But you're saving money!").

It'd be cool if REI put up a "Convert dividend and donate to Red Cross" button on the website. That'd make it easy to avoid additional temptation, but as of now I've just spotted a pair of Merrell Trail Gloves...hmm...

Wild · Post by **Wild** » Mon Apr 04, 2011 2:27 pm

bertfivesix wrote: It'd be cool if REI put up a "Convert dividend and donate to Red Cross" button on the website. That'd make it easy to avoid additional temptation, but as of now I've just spotted a pair of Merrell Trail Gloves...hmm...

Hehehe, that would be a great idea indeed. I would even donate my remaining balance (if I had one, mouhehe) to the classes and activities their organize over there.

Anyhow, ended up getting a new day pack since my old one was beat to shreds, and a minimalist bivy. After spending 6 nights in the desert in that thing, I am considering returning it.

I don't know, I was surprised to find out I didn't really enjoy sleeping in it. I'm used to roughing it too.. oh well, maybe a different type of bivy would make a difference. Or maybe, I need to try it in the snow first...

Don, that's a good deal brother!

Post by **HikeUp** » Mon Mar 19, 2012 6:57 pm

It's that time of year again...

2011 REI dividend = $1.60

Top that!!!

Post by **Taco** » Mon Mar 19, 2012 11:44 pm

Dude... $66 bucks! Thanks to you guys!

cougarmagic · Post by **cougarmagic** » Tue Mar 20, 2012 7:31 am

I'm embarrassed to say...however I can once again recommend the REI Visa reward card, and charging every single thing possible to it including utilities and vet bills.

Too bad for REI - I'm taking the cash, and buying a trailcam.

bertfivesix · Post by **bertfivesix** » Tue Mar 20, 2012 12:35 pm

52.06

Gonna switch to the REI Visa this year..

everyday · Post by **everyday** » Tue Mar 20, 2012 4:39 pm

I got nothin, I have no REI card, i bought a lot of stuff there too in the last year, how do you get em? theyve never asked me when Ive been there if I wanted a card, i didnt know they had 'em

are they a free discount card like the kind you get at Albertsons? Or do you have to pay to get one, like Barnes n Nobles??

Dragon · Post by **Dragon** » Tue Mar 20, 2012 4:43 pm

You just have to pay a one time fee of $20 and then you are a member for life. They have really awesome return policies for all their stuff too; and the 10% back at the end of the year is really nice too. I spent a ton on winter equipment last year so I ended up with a $328 refund this year. Not too shabby if I must say so.

lilbitmo · Post by **lilbitmo** » Tue Mar 20, 2012 5:05 pm

everyday wrote: I got nothin, I have no REI card, i bought a lot of stuff there too in the last year, how do you get em? theyve never asked me when Ive been there if I wanted a card, i didnt know they had 'em are they a free discount card like the kind you get at Albertsons? Or do you have to pay to get one, like Barnes n Nobles??

They operate similar to a Co-op, you have indirect ownership of the company through dividens that they give back to you at the end of the year. 10% as mentioned, getting the VISA card just get's you a better return on your money, they give you points for every dollar you spend on that credit card, so at the end of the year they total both the dollars spent on at all the stores and every dollar speant on the credit card and send you a coupon stating how much you have coming, plus along with that they always send you a 20% one time discount on any one item - so most people tend to wait for these to buy something they want real bad but is normally too expensive and between the discount and the "dividens" it becomes reasonable priced.

You can go online and fill out both a credit card application and a membership card - I'm pretty sure of that. And each time I've ever been at the cash register they always ask do I have a membership card, I cannot ever remember then not asking - which one have you been going to that they didn't ask, might say something to management about that?

Hope this helps

Post by **HikeUp** » Tue Mar 20, 2012 8:04 pm

cougarmagic wrote: I'm taking the cash, and buying a trailcam.

Hmmm. Give me the cash and I'll sit in the woods with my point 'n shoot for a week?

Would I have to wear cologne?

cougarmagic · Post by **cougarmagic** » Tue Mar 20, 2012 8:08 pm

HikeUp wrote: Hmmm. Give me the cash and I'll sit in the woods with my point 'n shoot for a week?
Would I have to wear cologne?

Yes. And also coyote pee. And skunk oil. But that's it.

Post by **HikeUp** » Wed Mar 21, 2012 6:38 am

So it's a deal! I'll have my people contact your people...

VermillionPearlGirl · Post by **VermillionPearlGirl** » Wed Mar 21, 2012 2:44 pm

$78.66

Time to go buy some more stuff

Post by **JeffH** » Wed Mar 21, 2012 4:29 pm

$23.22 for me - enough to make a difference for some new shoes, esp with the 20% discount.

yobtaf · Post by **yobtaf** » Wed Mar 21, 2012 4:37 pm

I have the REI Visa now, maybe Ill see more. I use it for everything then pay it off at end of the month. I met a guy who pays his mortgage on the visa then pays it off each month. He said he gets a huge amount back each year.

everyday · Post by **everyday** » Wed Mar 21, 2012 5:03 pm

@lilbitmo- i dunno what one I go to...I always just go with Ryan, im not sure what town we're in when we get there

Post by **Taco** » Wed Mar 21, 2012 10:35 pm

Arcasia. (Arcadia to those who weren't issued a sense of humor)

DukeJH · Post by **DukeJH** » Fri Mar 23, 2012 12:29 pm

$32.96. Planning to move to the REI Visa as soon as I can use those damn Cabelas points.

Picked up a 9.8mm x 70m Mammut Climax rope for about $75 after clearance price and 20% off and dividend.

Rudy Rodriguez · Post by **Rudy Rodriguez** » Tue Mar 27, 2012 2:45 pm

This might be the first time in over 10 years that I don't get a dividend check. I can't remember. Amazon.com and eBay seem to have taken some of my Rei business.

simonov · Post by **simonov** » Tue Apr 17, 2012 10:15 am

I soooo wanted to use the 20% coupon on a $600 four-season tent, but REI's tent selection is lousy.

So I bought a pair of overprice photochromatic glacier glasses instead:

Post by **HikeUp** » Tue Mar 19, 2013 5:27 pm

Once again, it's that time of year!

This years dividend is $2.05. More than last year - yay!

Post by **JeffH** » Wed Mar 20, 2013 12:43 am

Make sure you choose wisely when shopping with that windfall.

Beantown · Post by **Beantown** » Wed Mar 20, 2013 7:17 am

85.68 refund. im gonna get the big agnes ul2 tent with the refund and 20% off.

Dragon · Post by **Dragon** » Wed Mar 20, 2013 8:17 am

I got the largest refund I have ever received; $426. It's time to go shopping at REI this weekend!!!

yobtaf · Post by **yobtaf** » Wed Mar 20, 2013 10:26 am

Dragon wrote: I got the largest refund I have ever received; $426. It's time to go shopping at REI this weekend!!!

Damn

Mine was $113 from using the REI visa. Thought it would be more, but you dont get anything back when you use it on sale or items from the outlet page. Oh well the savings on that page are better than the amount you would get back.

Dragon · Post by **Dragon** » Wed Mar 20, 2013 10:38 am

I have to admit I was in shock when I opened my dividend letter last night. I knew it was going to be big, but that big?

Post by **Uncle Rico** » Wed Mar 20, 2013 1:16 pm

Damn Dragon, I've got dividend envy.

mangus7175 · Post by **mangus7175** » Wed Mar 20, 2013 5:56 pm

Woohoo! $11.65! Man, I better not spend this all at once

davantalus · Post by **davantalus** » Thu Mar 21, 2013 12:21 am

$174 - I'm up $40 from last year.

blueshammer · Post by **blueshammer** » Thu Mar 21, 2013 12:41 pm

$18.98, up from $0 last year. Apparently, between July and December, you can show up at an REI store and receive the dividend in cash or by check.