Outdoor Blog

How The Annual REI Dividend Works

Published

2 years ago

January 2, 2023

What is the REI Dividend?

The dividend is a sum of money that is awarded back to REI co-op members every year. The amount of money is based on two primary factors: a percentage of all eligible purchases made by a member and any rewards they accrued on their REI Mastercard during the previous year. You can think of it a bit like a tax return and purchasing points on your credit card — only instead of frustrating points, it’s just money. You can also get any unused amount of the previous year’s dividend added onto the next one, but this isn’t always the case.

REI is short for Recreational Equipment Incorporated, an American company that offers outdoor gear, as well as courses and vacation options.

If you aren’t familiar with their brand, they are known for having high quality and ranked highly in the review of the top tent brands on the market.

What sets it apart from other outdoor retailing competitors is that it follows the co-op business model. That means they offer a wide range of perks to their members, one of the most unique of which is their annual dividend. Since this is such an unusual benefit to the company, understanding the ins and outs can be difficult. So, here are some answers to many of the FAQs people have when talking about the REI annual dividend program.

REI, also know as Recreation Equipment International, is well-know for its outdoor supplies.

How do you earn the dividend?

First of all, only REI co-op memberships can earn a dividend. The good news is that being a member of the REI co-op is both inexpensive and easy. To become an REI member, all you have to do is go here and sign up for a lifetime membership. The upfront, one-time membership fee is only 20$, and there isn’t even an annual fee to keep your membership. However, only members that are considered active receive a dividend notice.

To be an active member of REI, all you have to do is spend at least 10$ merchandise in a year, unless it is the year that you first sign up. If you ever lose active status, getting it back is as easy as to resume making REI purchases.

REI Members earn toward their annual dividend by making eligible purchases. Almost any merchandise you buy directly through REI is considered eligible as long as you are purchasing full-price items. This includes the physical REI stores or through REI.com. One notable exception is that gift cards do not count toward your REI dividend. However, when you use a gift card to make purchases, that can be considered eligible as long as it otherwise would be.

The percentage that goes back into your dividend varies depending on how well the company did financially the previous year, but it tends to be around 10%. The calculation is made based on the product price alone, so sales tax and any other fees such as postage are not counted.

Unfortunately, none of REI’s experience purchases are considered eligible. This means that classes, special events, and the popular REI Adventures don’t get counted into your annual dividend. Service charges don’t count either, so rentals and labor fees are not factored into the dividend. The initial membership fee also is not eligible.

Any returns you make are removed from your dividend amount in the final calculation, and if it has already been calculated, then the dividend amount counts against the return amount you would receive.

You can also receive a retroactive addition to your dividend based on eligible purchases you made at other retailers on REI merchandise, as long as it was in the same year. For example, if you bought backpacking equipment from Amazon that was the REI brand, then you can get that counted. You’ll just need to have your receipt handy to answer some information about the purchase. You cannot get retroactive additions to your annual dividend if the purchase was made before you became an REI member, though.

There is a slight workaround with the discounted merchandise, though. Members can receive an REI co-op Mastercard. As mentioned earlier, this has a built-in rewards system. One such reward is that when you use the REI credit card to purchase sale items, then you receive a 5% kickback into your dividend. It’s a much lower percentage than what you would expect to receive from a normal eligible purchase. However, savvy shoppers will be able to notice when the reduced pricing and smaller kickback turns out to be a better long-term value.

When would I receive my REI dividend?

If you’re an REI member and have a balance, you’ll receive a dividend notice in March of the next year. All purchases you make from January 1st to December 31st are considered part of the same annual sum and will be available until January of two years later. So, if you made purchases throughout 2020, you’ll be able to use your dividend from them starting March 2021, and you’ll have the money available to you until you either spend it all or until the first day of 2023. This, however, is only the case if you don’t accrue any more dividends. Assuming you constantly make enough eligible purchases and spend roughly however much you earn from the program each year, your dividend balance should never expire.

Buying equipment from REI with an REI Mastercard is a great way to earn points towards your dividend.

So what can I do with the dividend?

This question is best answered with another question: “How do you want to spend your money?” For anyone who has ever been frustrated with trying to redeem credit card points or dealing with the restrictions of store credit, you are going to be blown away by the range of options REI gives you when it comes to your member dividend.

Use the dividend as store credit

The most basic option available to you is to use your dividend like store credit. If you can find it on the REI website, then you can buy it with your store credit. If your dividend balance doesn’t completely cover the total price of your purchases at checkout, don’t worry. It will still get deducted from the price and you’ll only have to pay for whatever is leftover.

If you’re near one of their physical REI stores, then you’ll be able to use your dividend to directly buy available outlet items from their stores. Your dividend works at every REI store location, so you won’t have to worry about not being able to access it if you’re shopping far from home. Just be sure to have your co-op member number ready.

Even though buying them doesn’t sound toward your dividend, you can put your earnings on it toward booking an REI Adventure. If you’re a hardcore outdoors enthusiast, then you might be able to generate enough of a dividend to book a trip to a national park at no out-of-pocket expense.

If you aren’t quite that adventurous but still would like a fun experience, then look at spending your dividend on one of the many REI classes. There is something to learn for everyone. From riding a bike to navigating the backcountry, the basics of rock climbing to dozens of stewardship opportunities, it’d be hard not to spend part of your dividend on enriching yourself with the REI classes.

You can also download the REI mobile apps. These make it even easier to shop with REI in general, but they can streamline the process of using your dividend in the online store.

Receive the dividend as a check

If you’d rather take the money that REI has awarded to you elsewhere, then you can request to have your dividend amount in the form of a check.

There are a couple of ways to go about getting the check. The most direct way is to go to a physical REI outlet once you have received a notice of a dividend balance. If you are not anywhere near an REI store, don’t worry. You can have your check mailed to you directly by filling out their request form. Once you have the form filled out, REI will have that information in their database and can mail you the check every year without any extra work from you, should you want that

The check can only be issued to the name of the primary membership cardholder. REI does not send out checks if your annual dividend does not exceed 25$, and they do not send out a check for the REI Mastercard holder reward amount that does not exceed 1$. You can request the check whenever is convenient, but they do not begin mailing them out until July 1st.

You don’t have to receive the whole dividend as a check. You can go ahead and spend part of it as store credit on the online store. Then, whatever amount that is leftover, you can have it sent as a check. As long as all the other requirements have been met, of course. Also, if you attempt to use any of your dividend between the time of the check being sent out and you receiving the check, then it could result in either the check being void, or you being unable to use your dividend funds at all.

If for some reason you don’t want to use the online check request form, you can also make the request over the phone or by contacting them by mail.

You can get your REI dividend in cash or in purchase credits.

Get the dividend in cash

No, that’s not a joke, and there aren’t any strings attached. You can receive your annual REI dividend, in full, as cash. There are a few hoops you have to jump through, but none of them are fine print details that are going to keep you from turning your dividend sum into cash and doing whatever you want with it.

First of all, you can’t convert your dividend into cash after July 1st of the year after you earned the dividend. This is similar to the check option. Unlike the check, there is a cut-off point at the beginning of the next calendar year, so if you wait too long then your dividend can’t be turned into cash.

This option can only be done through a physical REI store, so if you don’t live near one then you will probably have to settle for the check option. If you plan on going to a store to get your dividend as cash, it would be a good idea to call them ahead of time and try to make an arrangement. REI stores only have so much free cash on hand.

If you don’t call ahead, you might run into a situation where the store does not have enough cash to equal the dividend balance you should receive. In these cases, co-op members are given the option to receive the check. For some, that is a fine alternative, but people dead-set on getting cash should be aware of this.

One other thing to note is that the cash option is based on a specific year’s balance. This means, like the check option, if you spend any of your dividend funds as credit first, that would result in you receiving less cash in the end. Also, unlike the store credit option, you can’t compound years together. Since the years have cutoff dates that line up to where there is never an overlapping period between them, you’ll only be able to get your cash balance one year at a time, rather than building it across up to 3 years.

Can I check my dividend balance?

Yes! At any point, you can go to REI.com, and enter the name on your membership card along with your member number, and they will be able to tell you the dividend balance. This is not updated in real-time, so if you have been roughly keeping track and the amount looks odd when you check it, don’t worry. Most likely, it is just in the middle of being exactly calculated by members of the REI team.

Is the annual dividend the only benefit of Coop Membership?

Not at all! You’ve already read a bit about the REI Coop Mastercard and its reward system. You get 5% back with any REI purchases, 2% back through mobile transactions, and 1% everywhere else. This is all factored into your annual dividend along with all the usual 10% kickback from buying normal priced items. This means that anything you use the card on, even bills and groceries, is factored into your dividend.

Members get access to special pricing on certain items through REI. These are usually on things like classes and tours, as well as rentals on any outdoor equipment. This can be frustrating since the specially priced experiences aren’t dividend eligible purchases. Though, with dividend earnings and special pricing, it is easy to earn enough to pick up enough to pay for a class or two.

Members-only events are probably the second-best part of being a member after the dividend. Some of the most popular of these events are new member-exclusive hiking trips or member gatherings to try out local brews. Without a doubt, Garage Sales are the star of members-only events.

The REI Garage Sales are hosted at REI outlet stores every so often. The merchandise of the Sales is made up of returns and other used goods, and come at a heavily discounted price. The products are as-is, and cannot be accepted for returns as of their return policy. Since the merchandise is on a case-by-case basis with the outlets, REI cannot guarantee specific inventory. All Garage Sales operate on a first-come, first-serve basis. Garage Sale purchases cannot be put toward your annual dividend unless they are purchased with the members’ Mastercard. Though, the products are usually so aggressively marked down that it usually makes up for it. Plus, the Garage Sale merchandise is evaluated beforehand to assure that there are no major issues with it, so you don’t have to worry about the quality with the low prices.

Final Verdict:

The annual dividend is a unique benefit of being a member of REI’s coop. It saves the frustration associated with other rewards programs by just allowing the members to claim a monetary incentive. It is both pleasantly simple, offers multiple options to use your dividend as you see fit, and a great tool for people that love to maximize value in their shopping.

There are some ins and outs with the membership program to remember how to get the most out of the dividend. Though, remembering these details is more of a bonus than a requirement to earn on the dividend properly, unlike other rewards programs. On top of all that, you get several more awesome benefits for a single 20$ purchase.

Bonus tip: Here’s a video from REI talking about the essential items for backpacking, which are available on their website:

Outdoor Blog

BougeRV Showcases Sustainable Innovations at Outdoor Retailer Summer Market 2024

Published

1 month ago

June 26, 2024

Jonas Muthoni

BougeRV is thrilled to participate in the Outdoor Retailer Summer Market 2024, scheduled from June 17-19 at the Salt Palace Convention Center in Salt Lake City, Utah. As North America’s premier outdoor industry trade show, the event is a convergence of top brands, retailers, and industry professionals showcasing the latest in outdoor gear and innovations. BougeRV’s participation is a perfect example of their commitment to sustainability and eco-friendly outdoor living solutions.

At the head of BougeRV’s exhibit is the Rocky Portable Fridge, a robust and versatile cooling solution designed to meet the demands of outdoor enthusiasts. This innovative fridge features dual-zone capability, allowing it to function simultaneously as a refrigerator and a freezer. Built with heavy-duty materials, the Rocky Portable Fridge is designed to withstand the rigors of outdoor use, including shockproof capabilities up to 40°. The fridge’s efficient energy consumption, coupled with a battery protection system, makes it perfect for off-grid adventures, aligning perfectly with the sustainable ethos of the Outdoor Retailer Summer Market.

The Rocky Portable Fridge also shows off an impressive temperature range from -4°F to 68°F, allowing for precise temperature control. Its smart storage solutions, including a removable divider and basket, ensure that items remain organized and easily accessible. The fridge can be powered by a 12V/24V DC car port, a 100-240V AC wall outlet, or an optional portable power station, providing unparalleled versatility. This adaptability is crucial for modern adventurers who require reliable and efficient cooling solutions on the go.

In addition to the Rocky Portable Fridge, BougeRV is showing several other cutting-edge products designed to enhance outdoor experiences. The CRPRO 30, a compact and high-performance fridge, is perfect for campers and RV enthusiasts. Its advanced cooling technology and robust build make it a reliable companion for any journey. Similarly, the 4000BTU Portable Air Conditioner is tailored for overlanding and camping, offering powerful cooling with user-friendly features such as dual adjustable air outlets and an IPX4 water-resistant design. These products are expected to attract overlanding enthusiasts eager to explore the latest innovations in outdoor living.

BougeRV’s participation in the Outdoor Retailer Summer Market is really and truly about connecting with other industry leaders, exploring emerging trends, and demonstrating their commitment to sustainable and eco-friendly practices. By attending this prestigious and engaging event, BougeRV aims to highlight their dedication to providing high-quality products that cater to the needs of modern outdoor enthusiasts.

For more details about BougeRV and their innovative products, visit the BougeRV website. BougeRV’s involvement in the Outdoor Retailer Summer Market 2024 highlights their dedication to sustainability, innovation, and customer satisfaction, positioning them as a leading brand in the outdoor industry ready to make a significant impact at this breakout event.

Outdoor Blog

The Evolution of Outdoor Apparel: How Fashion Meets Functionality in the Wilderness

Published

2 months ago

June 2, 2024

Sam Brooks

The wilderness beckons with the promise of adventure, but any seasoned hunter knows that what you wear can make or break your experience. Gone are the days when outdoor apparel was purely utilitarian. Today, fashion and functionality blend seamlessly to create gear that’s not only practical but also stylish. From the latest camouflage patterns to weather-resistant fabrics, let’s explore the evolution of outdoor apparel and how it’s revolutionizing the way we approach the great outdoors.

Camouflage: The Stylish Science of Stealth

Camouflage has come a long way from the simple green and brown patterns of yesteryear. Modern camouflage designs are now a blend of advanced science and cutting-edge style. These patterns aren’t just about blending into the background; they’re about creating an optical illusion that makes the wearer nearly invisible to wildlife.

Contemporary camo gear incorporates a variety of colors and textures to match different environments, from dense forests to arid deserts. This evolution in design is as much about aesthetics as it is about effectiveness, allowing hunters to move through their chosen terrain with confidence and stealth.

The shift towards more sophisticated camouflage patterns also reflects a broader trend in outdoor apparel: the desire for gear that looks good and performs even better. Hunters today want apparel that makes a statement while still providing the ultimate in concealment. Whether it’s a jacket with a sleek, modern design or pants that offer the perfect balance of comfort and camouflage, today’s outdoor apparel combines fashion and function like never before.

Layering: The Key to Comfort and Style

Layering is a critical concept in outdoor apparel, offering both practical and aesthetic benefits. Modern layering systems are designed to regulate body temperature and provide protection from the elements. However, they also offer a chance to showcase personal style. Successful layering starts with choosing pieces that work well together both functionally and visually.

Base layers, for instance, have evolved from simple thermal wear to stylish garments that can be worn on their own or as part of a layered ensemble. These pieces are often made from advanced fabrics that provide warmth without bulk, ensuring that hunters can stay comfortable and mobile. Mid-layers add another dimension of style and functionality, offering insulation while allowing for breathability. Softshell jackets and vests come in many different colors and designs, making it easy to find pieces that suit individual tastes.

Layering can also help you catch different kinds of animals. For instance, when you’re looking for turkey hunting tips, it’s important to look at the best kinds of layering to stay incognito and catch the best birds. Choosing the right layers can make a significant difference in staying comfortable and concealed during long hours in the field.

Footwear: From Trail to Trendsetter

Footwear is another area where outdoor apparel has seen significant evolution. In the past, hunting boots were purely functional, but, today, they still offer these essential qualities but have also become a fashion statement. Modern hunting boots come in a variety of styles, from traditional leather to contemporary synthetic materials, and are available in a range of colors and designs.

The advancements in footwear technology have been remarkable. Today’s hunting boots are designed to be lightweight yet durable, with features like waterproof membranes, breathable linings, and advanced traction systems. These innovations ensure that hunters can move comfortably and safely through any environment. But it’s not just about functionality; the aesthetic appeal of modern hunting boots is undeniable. Many boots are designed with sleek, stylish lines that make them suitable for wearing both in the field and in more casual settings.

High-Performance Gear: Pushing the Boundaries of Innovation

When it comes to hunting, high-performance gear is a game-changer. This is the section where outdoor apparel truly shines, combining cutting-edge technology with sleek design to create products that offer unmatched performance. Performance hunting gear includes everything from moisture-wicking base layers to high-tech outerwear designed to withstand the harshest conditions.

Today’s high-performance apparel utilizes advanced materials that are both lightweight and durable. Fabrics like Gore-Tex and other proprietary blends offer superior protection against wind and water while maintaining breathability. These materials help regulate body temperature, keeping hunters comfortable in a wide range of environments. In addition to these practical benefits, high-performance gear often features ergonomic designs that allow for a full range of motion, ensuring that hunters can move freely and easily.

Sustainable Fashion: Eco-Friendly Choices for the Modern Hunter

Sustainability has become an increasingly important consideration in the world of outdoor apparel. Hunters who are passionate about preserving the wilderness they love to explore are now seeking out eco-friendly clothing options that minimize environmental impact. Eco-friendly outdoor apparel is made from sustainable materials such as recycled polyester, organic cotton, and biodegradable fibers. These materials offer the same performance benefits as traditional fabrics but with a lower environmental footprint.

Outdoor Blog

The Role of Camouflage in Wildlife Photography and Hunting

Published

2 months ago

June 2, 2024

Caleb Cole

Camouflage plays a vital role in the worlds of wildlife photography and hunting, serving as an indispensable tool for enthusiasts and professionals alike. It’s not just about blending into the environment; it’s about becoming a part of it. Camouflage allows for closer interactions with wildlife, ensuring more successful hunts and breathtaking photographs. Here, we explore the key roles camouflage plays in these outdoor activities.

Blending In: The Art of Disappearing

One of the primary roles of camouflage is to help the wearer blend seamlessly into their surroundings. This art of disappearing is crucial whether you’re capturing a stunning image of a deer at dawn or patiently waiting for your prey during hunting season. In wildlife photography, the goal is to get as close as possible without disturbing the natural behavior of the animals. Camouflage clothing, face paint, and even equipment coverings can make the difference between a once-in-a-lifetime shot and a missed opportunity.

For hunters, blending into the environment increases the chances of a successful hunt. Animals have keen senses, and the slightest hint of an unnatural shape or color can send them running. Camouflage gear allows hunters to become virtually invisible. This skill of blending in isn’t just about wearing the right colors; it’s about understanding the terrain, the light, and how to move with stealth.

Reducing the Human Scent and Sound

Another critical aspect of camouflage in both photography and hunting is the reduction of human scent and sound. Animals naturally use their sense of smell and hearing to detect potential threats. Successful hunting trips often hinge on the ability to minimize human presence in these sensory fields. Specially designed camouflage clothing can help mask human odors, making it harder for animals to pick up on your scent.

Similarly, wildlife photographers need to consider their scent and sound output. Even the most visually inconspicuous photographer can ruin a perfect shot if their scent or a stray noise alerts the animals. Using scent-masking sprays and moving with extreme caution are part of the camouflage strategy, ensuring that photographers can get closer to their subjects without causing alarm.

Enhancing Patience and Stealth

Patience and stealth are virtues that every hunter and wildlife photographer must possess, and camouflage gear enhances these qualities. When you’re properly camouflaged, you can afford to be more patient, knowing that you are less likely to be detected. This confidence allows for longer waiting periods in prime locations, increasing the chances of capturing that perfect shot or making a successful kill.

For wildlife photographers, the need for patience is paramount. Animals won’t always show up when you want them to, and sudden movements can ruin hours of careful preparation. Camouflage helps in remaining undetected, allowing photographers to wait silently and still for the right moment. Hunters also benefit from this patience, as it enables them to wait for the ideal shot without rushing and potentially missing their target.

Specialized Camouflage for Different Hunts: Moose Hunting

Different types of hunting require specialized camouflage, and moose hunting is a prime example. Moose are large, elusive animals often found in dense forests and swampy areas. Successful moose hunters understand the need for specific camouflage patterns that mimic the unique environments where moose thrive. Moose hunting clothes are designed to blend into the dark, shadowy forests and marshes, making hunters virtually invisible to these keen-eyed creatures.

During moose hunting season, the right camouflage can make or break your experience. Moose have excellent vision and can easily detect unnatural movements or colors. By wearing appropriate camouflage, hunters can move quietly and position themselves for a clear shot without spooking their quarry.

The specialized gear often includes clothing that covers the entire body, including gloves and face masks, ensuring that no part of the hunter stands out against the natural backdrop. This thorough approach is essential in moose hunting, where patience and precision are key.

Capturing Authentic Wildlife Behavior

Wildlife photography isn’t just about taking beautiful pictures; it’s about capturing authentic wildlife behavior. Camouflage allows photographers to become invisible observers, documenting animals in their natural state without any human interference. This is particularly important for conservation efforts, as understanding genuine animal behavior can inform better strategies for protecting various species and their habitats.

Photographers who use camouflage can get closer to their subjects, often capturing moments that would be impossible to see from a distance. This proximity results in more intimate and detailed shots, showcasing the animals’ daily activities, interactions, and environments.

The authenticity of these images can inspire greater appreciation and respect for wildlife, encouraging more people to support conservation initiatives. By blending into the environment, photographers can witness and document behaviors that might otherwise go unnoticed, providing invaluable insights into the natural world.

outdoorcommand.com (Post 2)

The Evolution of Outdoor Apparel: How Fashion Meets Functionality in the Wilderness

Camouflage: The Stylish Science of Stealth

Layering: The Key to Comfort and Style

Footwear: From Trail to Trendsetter

High-Performance Gear: Pushing the Boundaries of Innovation

Sustainable Fashion: Eco-Friendly Choices for the Modern Hunter