Do REI dividends expire?

May 2024 · 4 minute read

Do REI Dividends Expire?

REI, also known as Recreational Equipment Inc., is a popular outdoor retail company that offers a wide range of gear and products for outdoor enthusiasts. One of the benefits of being an REI Co-op member is the opportunity to earn annual dividends on eligible purchases. These dividends essentially represent a portion of the member’s annual purchases and can be used towards future purchases at REI. However, one common question that arises among REI members is whether these dividends expire or not. In this article, we will address this question directly and provide clarity on the matter.

Do REI dividends expire?

The answer is no. REI dividends do not expire. Unlike many other loyalty programs or reward points offered by different companies that come with an expiration date, REI dividends are valid indefinitely. As long as you remain an active member of the REI Co-op, your dividend dollars will be available for use whenever you choose.

It’s important to note that dividends are typically issued in mid-March and remain available for use until around January of the following year. Once issued, they can be redeemed online, in-store, and even through mail orders. The total amount of your dividend can be checked by logging in to your REI account or by contacting REI customer service.

Table of Contents

FAQs about REI Dividends:

1. Can I use my REI dividends to purchase a membership?

No, REI dividends cannot be used to purchase an REI Co-op membership.

2. Can I combine multiple dividends to make a purchase?

Yes, you can combine multiple REI dividends to make a purchase.

3. Can I give my dividends to someone else?

Yes, you can give your REI dividends to someone else, allowing them to use it towards their purchases.

4. Can I get a cash refund for my dividends?

No, REI dividends are not redeemable for cash.

5. Can I use my dividends for online purchases?

Yes, REI dividends can be used for both online and in-store purchases.

6. Can I use my dividends at REI outlet stores?

Yes, REI dividends can be used at both regular REI stores and REI outlet stores.

7. Can I use my dividends for activities such as REI Adventures?

Yes, you can use your REI dividends for various activities and services offered by REI, including REI Adventures.

8. Are there any products or services that cannot be purchased with dividends?

REI dividends can be used to purchase almost everything REI offers, except for gift cards, REI adventure trips and classes, and in states where required by law, sales tax.

9. Can I check the status of my dividends online?

Yes, you can check the status of your REI dividends by logging in to your REI account and viewing your dividend balance.

10. Can I use my dividends for online or mail orders if I don’t have an REI store nearby?

Yes, REI dividends can be used for online or mail orders, making them accessible and convenient even if you don’t have an REI store nearby.

11. Can I receive a refund for products purchased with dividends?

Yes, you can receive a refund for products purchased with REI dividends, and the refunded amount will be returned as dividends.

12. Can I earn dividends on purchases made with REI gift cards?

Yes, you can earn dividends on purchases made with REI gift cards as long as you are an REI Co-op member. However, the dividends amount will not be earned on the gift card purchase itself.

In conclusion, REI dividends do not expire, allowing members to accumulate dividend dollars over time and use them whenever they wish. These dividends provide an added incentive for outdoor enthusiasts to become REI Co-op members and enjoy the benefits associated with their purchases. Whether you plan to equip yourself with outdoor gear, participate in adventure activities, or simply stock up on outdoor essentials, the REI dividend system is designed to reward members for their loyalty and support. So, keep on exploring the great outdoors and make the most of your REI dividends!

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