View Full Version : REI Dividends are Posted Online!
slbirdnerd
03-20-2014, 13:03
Heads up, REI dividends seem to be posted online, and my new Snow Peak titanium mini cook set is on the way! WOOT! :sun
http://www.rei.com/product/668926/snow-peak-titanium-mini-solo-cookset#descriptionTab
Happy shopping!
Looks like my dividend hasn't posted yet, but the amount will be small anyway. What I'm really waiting for is a 20% coupon which I think comes with the dividend!
slbirdnerd
03-20-2014, 13:11
I thought about waiting for the coupon but I'm sure I'll find something else I need. :)
The dividend amount showed up next to where it said 2012 in bold, so for me anyway, the dividend was there but maybe they hadn't updated the page text yet to 2013. It defaulted to applying it during checkout, with a box to deselect if you didn't want to use it.
HooKooDooKu
03-20-2014, 13:52
I'm not seeing my dividend either... but mine will be very small too.
As for a 20% discount... campsaver.com is advertising 20% off full-price gear. I just learned about them this past year and have placed a couple of orders with them. They've been good to me so far.
Almost There
03-20-2014, 13:59
Looks like my dividend hasn't posted yet, but the amount will be small anyway. What I'm really waiting for is a 20% coupon which I think comes with the dividend!
Same for me, only seeing my 2012 dividend. I want the new Exos 58 pack, and so that 20% coupon will definitely be a nice discount. With my dividend should b able to get the pack for around $125.
hikernutcasey
03-20-2014, 14:10
I think Slbirdnerd is right that they just haven't updated the text yet because I checked a couple of days ago and my 2012 dividend was $0.00 and now it says 2012 dividend $40.62.
I am also waiting on the 20% off coupon because I have a couple gift cards to REI to use and I'm going to be ordering a Big Agnes Copper Spur 2. 20% = $80.00 off!
HooKooDooKu
03-20-2014, 14:22
I think Slbirdnerd is right that they just haven't updated the text yet because I checked a couple of days ago and my 2012 dividend was $0.00 and now it says 2012 dividend $40.62.
I am also waiting on the 20% off coupon because I have a couple gift cards to REI to use and I'm going to be ordering a Big Agnes Copper Spur 2. 20% = $80.00 off!
I think you're right... because if you go thru the process of placing an order (not just lookup your dividend balance), the balance listed as your 2012 dividend will automatically get applied to your purchase.
Almost There
03-20-2014, 14:38
If right, then the pack should cost me $144...I'll take a $71 savings in total.
colorado_rob
03-20-2014, 14:51
I think Slbirdnerd is right that they just haven't updated the text yet because I checked a couple of days ago and my 2012 dividend was $0.00 and now it says 2012 dividend $40.62.
I am also waiting on the 20% off coupon because I have a couple gift cards to REI to use and I'm going to be ordering a Big Agnes Copper Spur 2. 20% = $80.00 off! Yeah, that's exactly what I'm seeing, my previously zero 2012 balance is now $57. Come on 20% off!!!
CarlZ993
03-20-2014, 15:24
I don't need anything but I'm already getting the 'gear-buying-shakes.' :)
Hi, my name is Z-man & I am a gear-a-holic.
daddytwosticks
03-20-2014, 15:48
I'm ready to pull the trigger on an Osprey Exos 48 with my dividend. However, I am also waiting for the 20% off coupon also. Waiting sucks. I WANT IT NOW. WAAAAAAAA! :)
Looking at the Delorme Inreach SE. 20% discount would be worth $60 on this seemingly never discounted product.
My dividend is almost enough to buy two mountain house meals :-)
2013 was more cottage gear, less REI for me.
Thru hikers should get theirs before everyone else, just show your thru hiker ID card.
takethisbread
03-20-2014, 17:10
my dividend is not posted . I'm stressed about it because I leave next week to springer
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Dividend showed today with the correct year. Time to shop.
double d
03-20-2014, 21:30
Yes! Correct year and amount posted, time to get some new gear for the AT/LT for this summers hike!
My dividend was posted! $1.70!
Been a member since the late 60s, but I just don't buy a lot from them any more. Part of it is the cottage industry, but the other part is how I can generally get what I want much cheaper elsewhere. Hell, I have a whole bunch of stuff in barely used condition I got from REI when I was first getting back into backpacking.
Shutterbug
03-20-2014, 22:43
Heads up, REI dividends seem to be posted online, and my new Snow Peak titanium mini cook set is on the way! WOOT! :sun
http://www.rei.com/product/668926/snow-peak-titanium-mini-solo-cookset#descriptionTab
Happy shopping!
Wow! What a surprise. My dividend was $605. I guess I can buy some gear.
My dividend was posted! $1.70!
Been a member since the late 60s, but I just don't buy a lot from them any more. Part of it is the cottage industry, but the other part is how I can generally get what I want much cheaper elsewhere. Hell, I have a whole bunch of stuff in barely used condition I got from REI when I was first getting back into backpacking.
The big dividends don't usually come from REI purchases, but from using the REI credit card. If you use that card as your primary way to charge gas and travel and whatnot, you can end up with a whopping dividend.
Big Dawg
03-21-2014, 02:23
$330.85!!! Time to go shopping!!!
That's my biggest dividend yet, based mostly on me getting and using my REI Visa card last year.
Add to that, $225 from the recent sale of my Moment DW, and I've got some serious spending to do.
Hello, my name is James, and I'm a gear-a-holic! :banana
takethisbread
03-21-2014, 07:28
$412.99 . I will stop in to shop but I may save it for gear needs on my thru attempt. I need better stuff sacks that's all I need at this point. save the rest maybe for a summer bag and a pair of shoes along the trail
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I've not looked mine up yet, but I have it set so our toll fees go to it. Plus we used it for a down payment on a car. For those not sure what they want they need, later in the year , I believe there is a method to cash it out
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I think in July you can have the cash sent to you.
I'm thinking getting a warmer lighter sleeping bag. Has anybody tried the Sierra backcountry beds? They have good reviews but I'm a cold sleeper. Any other recommendation?
The big dividends don't usually come from REI purchases, but from using the REI credit card. If you use that card as your primary way to charge gas and travel and whatnot, you can end up with a whopping dividend.
Thanks, I'll have to look into that ...
Shutterbug
03-21-2014, 11:28
The big dividends don't usually come from REI purchases, but from using the REI credit card. If you use that card as your primary way to charge gas and travel and whatnot, you can end up with a whopping dividend.
True. My large dividend came from using the REI credit card to go on an REI Adventure. Still, it amounts to a nice discount for the adventure.
CarlZ993
03-21-2014, 17:35
I have an REI visa card & I spent quite a bit of money on my card while hiking last year. Result? Mega dividend! Wahoo!
New tent? New sleeping bag? Decisions, decisions. :)
Dividend came in the mail today along with 20% card but it is only good starting on March 28.
takethisbread
03-21-2014, 18:26
I blew the whole thing on stuff I don't need
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Sarcasm the elf
03-21-2014, 18:30
Too bad i can't us my dividend to buy a new ULA pack...
Teacher & Snacktime
03-21-2014, 18:44
Yeah....I have a love/hate relationship with REI....but today I can't complain...I got a new daypack for $5.77
Teacher & Snacktime
03-21-2014, 18:49
$330.85!!! Time to go shopping!!!
$412.99
I think I'm out of my league here :(
Sarcasm the elf
03-21-2014, 19:11
I think I'm out of my league here :(
They likely have the REI credit card, my dividend is over $300 this year for that reason.
The REI credit card is good for the 5% rebate on REI purchases but the 1% rebate on everything else is no better than my discover card and I get use of those rebates each month with no minimum when used on Amazon. So I get the money quicker and am able to use it for nearly anything. Not being a heavy REI shopper, the REI card wouldn't be attractive for me.
on another credit card related topic, I just opened a United airlines VISA. After charging $2,000, I got 50,000 miles and that will pay for four one way flights at the "super saver" award level. This will cover both of the trips I have planned for backpacking this year. Coming up with the $2,000 to charge was a challenge for me but I was able to prepay some things and you can charge nearly anything these days. No interest since I paid off immediately.
on another credit card related topic, I just opened a United airlines VISA. After charging $2,000, I got 50,000 miles and that will pay for four one way flights at the "super saver" award level. This will cover both of the trips I have planned for backpacking this year. Coming up with the $2,000 to charge was a challenge for me but I was able to prepay some things and you can charge nearly anything these days. No interest since I paid off immediately.
That's pretty good - even better than the Barclay Arrival card (40k miles after spending $3k/90 days).
I go for cash back cards..
Amex Blue Cash Preferred - 6% cash back on groceries, only use card for groceries.
Pentagon Federal Cash Rewards Visa - 5% cash back on gas purchases - only use card for gas.
Fidelity Amex - 2% cash back on everything.
CapitalOne Quicksilver - 1.5% cash back on everything - only use if not gas, groceries, or don't take Amex (Fidelity).
We charge about $3k-$4k per month so it adds up fast.
colorado_rob
03-21-2014, 20:28
That's pretty good - even better than the Barclay Arrival card (40k miles after spending $3k/90 days).
I go for cash back cards..
Amex Blue Cash Preferred - 6% cash back on groceries, only use card for groceries.
Pentagon Federal Cash Rewards Visa - 5% cash back on gas purchases - only use card for gas.
Fidelity Amex - 2% cash back on everything.
CapitalOne Quicksilver - 1.5% cash back on everything - only use if not gas, groceries, or don't take Amex (Fidelity).
We charge about $3k-$4k per month so it adds up fast. Your wallet looks pretty much identical to mine. I especially like the Fidelity AMEX 2% on everything, we charge nearly everything to that, insurance, all travel, gear, pretty much everything except food and gas (where we get more back, like you). I need to get that CapitolOne VISA though when AMEX isn't taken.
I had to wean my wife off her REI Visa with the meager 1% back that she used to use for most of her buying. She said it was her "gear buying savings plan", which is hard to argue with!
CarlZ993
03-21-2014, 20:50
I think I'm out of my league here :(
$605 on one account & $37 on the other (My wife & I each have different REI memberships). The account with the REI Visa is self-evident.
RedBeerd
03-21-2014, 22:26
I'm pretty young but nearly debt free and want to do something like this. Do you just pay it off monthly to avoid interest? Takes some self control but it seems the reward is great.
RedBeerd
03-21-2014, 22:26
^ That was to 10k...
ChinMusic
03-21-2014, 22:48
$848.40.........
So the REI 20% off coupon specifically excludes personal locator beacons or any GPS enabled device. I guess I'll have to settle for the regular 10% rebate (one year from now) on the Delorme InReach... still better than nothing given that this device seems to never be available at less than full retail.
bigcranky
03-22-2014, 11:32
$435 and change. But nothing I need to buy from REI.... sad.
I think I'll just wait until June and get a check.
+1 on using the REI Visa.
12TH Man
03-22-2014, 12:12
Oh my!! $90. Christmas gifts to others pays dividends.
12TH Man
03-22-2014, 12:16
I thought REI dividends were good for one year. How can anyone have $800?
12TH Man
03-22-2014, 12:57
Did not take into consideration --- the credit card.
Drybones
03-22-2014, 13:02
I blew the whole thing on stuff I don't need
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Money well spent......... "I spent half my fortune on women and booze, the rest I just squandered away".
ChinMusic
03-22-2014, 13:02
10K is correct as per usual. There are other card strategies that make more sense than the 1% you get from your REI Visa.
QHShowoman
03-22-2014, 16:33
True. My large dividend came from using the REI credit card to go on an REI Adventure. Still, it amounts to a nice discount for the adventure.
Smart idea. REI Adventures don't count towards your dividend like other REI merchandise; using the Visa is a good way to work around that!
Drybones
03-22-2014, 17:39
This post reminded me I need to get rid of my REI card and get another...done. I didn't realize REI's political affiliation until my daughter educated me recently, time to shop elsewhere for me.
double d
03-22-2014, 22:18
This post reminded me I need to get rid of my REI card and get another...done. I didn't realize REI's political affiliation until my daughter educated me recently, time to shop elsewhere for me.
And what would that be? The fact that REI wants to protect the environment and our national trails?
Sarcasm the elf
03-22-2014, 22:35
This post reminded me I need to get rid of my REI card and get another...done. I didn't realize REI's political affiliation until my daughter educated me recently, time to shop elsewhere for me.
And what would that be? The fact that REI wants to protect the environment and our nationals trails?
I was confused by this comment as well. Besides, REI is just the windowdressing that the card comes wrapped in. The actual card is issued by US Bank which is a publically traded company and is legally required to maximize short term profits, any "values" the company has are just an afterthought.
colorado_rob
03-23-2014, 10:36
How on earth can a discussion about REI become political? Downright weird.
bigcranky
03-23-2014, 11:12
...which is a publically traded company and is legally required to maximize short term profits...
Actually, this is a common misconception. There is no legal requirement to maximize short term profits. Companies tend to look at short term profits and short term stock value because it makes Wall St happy and because bonuses are often tied to both metrics.
Actually, this is a common misconception. There is no legal requirement to maximize short term profits. Companies tend to look at short term profits and short term stock value because it makes Wall St happy and because bonuses are often tied to both metrics.
And often the maximization of short term reported earnings is directly contrary to long term value. I do this for a living and the number of long term oriented companies is tiny although most talk the talk.
Drybones
03-23-2014, 11:36
legally required to maximize short term profits, =.
Managers focus on short term profit because that's what's best for the manager, IE: bad metrics that reward for only short term performance, get what you can and move on to the next gig, not the stock holders, and this has put many a company out of business.
Feral Bill
03-23-2014, 12:24
No dividend for me. I guess my REI purchases were all on sale.
RedBeerd
03-23-2014, 19:23
I need a piece of gear by April 20th but I want to wait for the 20% off..once I get impatient and buy it that's probably when it will come out :)
SunnyWalker
03-23-2014, 21:51
With this reminder went to REI.Com and bought a compass with my dividend. In the end I only had to "pay" 18 cents! Ha, ha!
Managers focus on short term profit because that's what's best for the manager, IE: bad metrics that reward for only short term performance, get what you can and move on to the next gig, not the stock holders, and this has put many a company out of business.
Companies get the kind of behavior that they create incentives for. And few have learned anything even after this sort of thing nearly destroyed the banking system in 2008.
But REI is a co-op, not technically a for profit business.