Monday, March 19, 2012

PSA: your REI dividend is cash, not credit



It's a moment of excitement, peeking into the mailbox and finding that slick slip of paper.  How much is it?  Are we talking just a few new biners?  Maybe a whole cam?  A chunk off a new rope?  What gear from REI are you gonna spend it on?

Well, turns out you don't have to spend it at REI at all: As the REI Memberships Benefits Page explains,  "You can use your dividend notice as soon as you receive it to purchase gear and services at REI.  Or you can redeem it for cash after July 1st."  You can redeem it for cash!  News to me.

So the real question is, do you really need a few new biners — or some gas money for you July 4th road trip?


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