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Kitchen Sink => No Moto Content => Topic started by: IZ on April 30, 2012, 06:06:07 PM

Title: REI members
Post by: IZ on April 30, 2012, 06:06:07 PM
Anyone have a clue as to when the next 20% off one item coupon will be out? How often do they?  I am a member but never had a chance to use one of those coupons. Anyone with inside scoop?
Title: Re: REI members
Post by: kopfjäger on April 30, 2012, 06:19:40 PM
http://www.rei.com/about-rei/newsroom/2012/rei-jumps-into-spring-with-member-dividends-fresh-styles-and-new-outdoor-classes.html (http://www.rei.com/about-rei/newsroom/2012/rei-jumps-into-spring-with-member-dividends-fresh-styles-and-new-outdoor-classes.html)
Title: Re: REI members
Post by: DRKWNG on April 30, 2012, 06:33:34 PM
I think there was one that was just out. 
Title: Re: REI members
Post by: IZ on April 30, 2012, 06:40:35 PM
Yeah, there was!!!!  Expired before I could use it.  [thumbsdown]
Title: Re: REI members
Post by: Le Pirate on April 30, 2012, 07:17:56 PM
Seems like there are 2-3 a year? I would suspect late-summerish...


The outlet coupons seem to happen more often...
Title: Re: REI members
Post by: He Man on April 30, 2012, 08:07:33 PM
i just became a member and had 2 20% off, wnated to buy a tent and a sleeping bag, but couldnt muster up the funds. now i wish i did since ill be able to use them more often then not!

bah!

their outletstore sucks.
Title: Re: REI members
Post by: danaid on April 30, 2012, 08:54:58 PM
 I thought i read that the 20% comes only once a year? I'm a new member also.
Title: Re: REI members
Post by: Goat_Herder on April 30, 2012, 09:12:31 PM
Memorial Day weekend is the biggest sale of the year. its the kick off for all things summer. look for it in a couple of weeks.  :)
Title: Re: REI members
Post by: IZ on April 30, 2012, 09:27:02 PM
Quote from: Goat_Herder on April 30, 2012, 09:12:31 PM
Memorial Day weekend is the biggest sale of the year. its the kick off for all things summer. look for it in a couple of weeks.  :)

[thumbsup]



Danaid..they're more than once/year!   
Title: Re: REI members
Post by: sugarcrook on April 30, 2012, 09:45:52 PM
Sometimes you can work deals with people in line when the 20% coupons come out. It's better if you're buying expensive stuff like the big three. I paid full price for a pair of gloves for a woman and she "gave" me her 20% off coupon. I ended up saving an additional $35 on a sleeping bag.

But if you find something you want, paying more for the item isn't horrible because it'll impact your dividend at the end of the year. 
Title: Re: REI members
Post by: IZ on April 30, 2012, 10:02:34 PM
Quote from: sugarcrook on April 30, 2012, 09:45:52 PM
But if you find something you want, paying more for the item isn't horrible because it'll impact your dividend at the end of the year. 

Kayak plus, all the accessories = dividends! 
Title: Re: REI members
Post by: rgramjet on May 01, 2012, 05:45:05 AM
I too missed out on using my REI 20% coupon.  One cool thing I've discovered is that Dicks Sporting Goods honors Sports Authority coupons......20% off, $20 off a $100 purchase, even recently outdated coupons! 

I wonder if REI has the same coupon policy......wortha call.
Title: Re: REI members
Post by: IZ on May 01, 2012, 05:50:48 AM
I will ask.
Title: Re: REI members
Post by: Le Pirate on May 01, 2012, 06:18:20 AM
Quote from: IZ on April 30, 2012, 10:02:34 PM
Kayak plus, all the accessories = dividends! 


You may not want to wait and use a coupon on that. I think when you use the coupon, the purchase doesn't count towards your dividend. I'd much rather have the dividend on a purchase that big!

We used the last 20% on a tent, and had it shipped to our house for free. But something real pricey (like hiking packs) we paid for straight up, but got a huge dividend at the end of the year. The best part of the REI membership IMO is the shipping. You could have that kayak dropped off at your front door, and you don't have to pay a dime  [laugh]
Title: Re: REI members
Post by: abby normal on May 01, 2012, 06:26:36 AM
in my 30 years of membership, dividends have been typically in the 5 - 10% range.
never 20%.
Title: Re: REI members
Post by: KnightofNi on May 01, 2012, 07:42:50 AM
Quote from: abby normal on May 01, 2012, 06:26:36 AM
in my 30 years of membership, dividends have been typically in the 5 - 10% range.
never 20%.

mine have always been 10% for the past 5 years.
Title: Re: REI members
Post by: derby on May 01, 2012, 07:48:04 AM
Quote from: abby normal on May 01, 2012, 06:26:36 AM
in my 30 years of membership, dividends have been typically in the 5 - 10% range.
never 20%.

exactly... why you'd want to wait for a ~10% after-tax dividend vs a 20% right-now discount (and pay less tax) boggles me.

$500 + 8% sales tax = $540 - 10% dividend of the item price ($50) at the end of the year = $490

$500 - 20% ($100) +8% sales tax  = $432
Title: Re: REI members
Post by: fastwin on May 01, 2012, 08:25:22 AM
Quote from: DRKWNG on April 30, 2012, 06:33:34 PM
I think there was one that was just out. 

What he said.

We were told by a great REI associate in the shoe dept. to wait until the coupon was received before we bought some $220 hiking boots for junior's Boy Scout Philmont trek this summer. Used the member's coupon and dividend for a really nice price break. [thumbsup]

I got hired as a seasonal/temp employee in August 2009 at my local store. Didn't work out and I quit after a couple of weeks... long story. But, REI is a GREAT company and they treat their employees better than any company on the planet! [thumbsup] And the employee discounts are awesome!! They even have a program with their suppliers that if the supplier offers a product that REI doesn't carry you (as an employee) can go straight to the supplier and use your REI employee number and the supplier will honor the relationship and cut you a big discount and ship the product straight to you. The discount varies from supplier to supplier but it is always a good chunk of change!!

In fact every employee I met in my short time there worked at REI for the employee discount... that and the great treatment they received from the company and store management. Too bad they only really offer part time jobs and typical retail pay scale. Cool store and great place to shop.

Also, REI is the biggest membership coop on the planet. And the fact that you pay a one time fee of $20 for life membership is really cool. No annual payment BS! Also, neat story how it started in a gas station selling mountain climbing ice picks like 75 years ago. [thumbsup] Look it up. ;)
Title: Re: REI members
Post by: fastwin on May 01, 2012, 08:29:33 AM
Quote from: Goat_Herder on April 30, 2012, 09:12:31 PM
Memorial Day weekend is the biggest sale of the year. its the kick off for all things summer. look for it in a couple of weeks.  :)

No. The Labor Day sale is. It is funny that the biggest sale happens after summer! Weird. :P
Title: Re: REI members
Post by: Le Pirate on May 01, 2012, 08:56:50 AM
Quote from: derby on May 01, 2012, 07:48:04 AM
exactly... why you'd want to wait for a ~10% after-tax dividend vs a 20% right-now discount (and pay less tax) boggles me.

$500 + 8% sales tax = $540 - 10% dividend of the item price ($50) at the end of the year = $490

$500 - 20% ($100) +8% sales tax  = $432

Yeah, you're right...except he doesn't have the coupon right now


I was just saying, if he wanted to buy it now....go ahead cause he'd get a big chunk back at the end of the year, and if he did have the coupon...that large amount wouldn't get figured into the dividend at the end of the year.

But yeah...20% coupons are awesome...though I noticed sometimes they have * with things you can't buy. Not sure if kayaks are ever *'ed  [laugh]
Title: Re: REI members
Post by: sugarcrook on May 01, 2012, 11:54:37 AM
Quote from: derby on May 01, 2012, 07:48:04 AM
exactly... why you'd want to wait for a ~10% after-tax dividend vs a 20% right-now discount (and pay less tax) boggles me.

$500 + 8% sales tax = $540 - 10% dividend of the item price ($50) at the end of the year = $490

$500 - 20% ($100) +8% sales tax  = $432

You're not accounting for opportunity cost. ;D If he's got a coupon now, great. Otherwise, he's going to buy a kayak anyway and might as well use the purchase to pad his eventual dividend. The time he'll spend waiting for another 20% coupon is time he could be fixing nail holes in his new kayak.
Title: Re: REI members
Post by: Goat_Herder on May 01, 2012, 01:32:03 PM
Dividents is calculated based on 10% of the full priced items.  So depends on what you spent, you will get up to 10% of what you spend.  Less than 10% if you purchase sale items. 

You should take a close look at fine prints on the 20% coupon.  Kayaks and big ticket items may be EXCLUDED from the coupon but will go toward dividents. SO that's at least 10% off, if you look at it that way.
Title: Re: REI members
Post by: corey on May 01, 2012, 06:05:00 PM
I used my 20% OFF coupon on a rather snazzy tent. Saved $90.
You could also REUSE the coupon on the REI OUTLET. Got 20% off some nice new sleeping pads :D
Title: Re: REI members
Post by: fastwin on May 01, 2012, 06:17:25 PM
Yes, their on line "close out" section is part of the latest discount coupon sent to members. You can use the 20% discount coupon in store and then you can also score a 20% discount on the on line "close out" section. Win win!! But only if you find what you are looking for in the "close out" section. Like most, it's hit or miss. We tried to find the last year's model of Saloman hiking boots for junior but they weren't there. As his Philmont trip gets closer I'll be checking the on line "close out" section for stuff he might need. [thumbsup]
Title: Re: REI members
Post by: IZ on May 02, 2012, 07:16:08 PM
I was just at REI here in Austin and asked when the next big sale was.  May 18th is their anniversary.  The associate didn't know what kind of coupons they would be running though? Anyone know what they typically do?
Title: Re: REI members
Post by: IZ on May 13, 2012, 04:53:53 PM
REI sale begins this Friday.  Unfortunately, the 20% coupon cannot be used in the purchase of any Wilderness Kayaks.  They are, however, giving away a free paddle with the purchase of a kayak.  The Wilderness Tarpon 120 and Ride 135 come with a free Harmony " Sea Passage" paddle.  $155 but 0 reviews and nearly the last in two pages of paddles.  So, I'm assuming it's not a paddle I'd want.  Any input?   

http://www.rei.com/product/837658/harmony-sea-passage-carbon-kayak-paddle (http://www.rei.com/product/837658/harmony-sea-passage-carbon-kayak-paddle)