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   Plus, take an extra 20% off one REI Outlet item
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   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
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                 <img alt="Handpicked deals just for you. Up to 30% off." src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252F20200519_OFP_A-SaleHandpicked_hero_copy_v3.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="display:block;border:0;"/>
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             <!--[if gte mso 9]><img src="https://static.cdn.responsys.net/i5/responsysimages/rei/contentlibrary/promo_/2019_mr_library/images/spcr.gif" width="1" height="" border="0" alt="" style="display:block; width:1px; line-height:px; border:0;" /><![endif]-->
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                   <div class="f16 lh24 lhfix" style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height:20px; color:#dc2433; text-align:center;">
                    <div class="f24 lh30 lhfix" style="font-family:Arial; font-size:14px; line-height:18px; color:#ffffff; text-align: center;">
                     Shop early for best selection. Discount based on original prices.
                     <br class="hide"/>
                     Selection varies by location. Sale ends 5/25.
                    </div>
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             <!--[if gte mso 9]><img src="https://static.cdn.responsys.net/i5/responsysimages/rei/contentlibrary/promo_/2019_mr_library/images/spcr.gif" width="1" height="" border="0" alt="" style="display:block; width:1px; line-height:px; border:0;" /><![endif]-->
            </div>
            <!--[if gte mso 9]></td></tr></table></v:textbox></v:rect><![endif]-->
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            <table cellpadding="0" cellspacing="0">
             <tr>
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               <a style="display: block">
                <img alt="30 percent Off Selected Patagonia (Nano Puff, Better Sweater Jackets and Vests, Selected Fitness Clothing and Black Hole Duffles)" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fmodule2_image_patagonia_handpicked_1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="border: 0; display: block;"/>
               </a>
              </td>
              <td bgcolor="#acacac" style="width:1px; line-height:1px;">
               <img alt="" border="0" height="1" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fspcr.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="display:block; width:1px; line-height:1px; border:0;" width="1"/>
              </td>
              <td align="center" style="line-height:1px;" valign="top">
               <a style="display: block">
                <img alt="15 percent Off All Co-op Cycles Bikes*" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fmodule2_image_coopcycle_handpicked_2.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="border: 0; display: block;"/>
               </a>
              </td>
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              <td bgcolor="#acacac" colspan="3" height="1" style="height:1px; line-height:1px;">
               <img alt="" border="0" height="1" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fspcr.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="display:block; width:1px; line-height:1px; border:0;" width="1"/>
              </td>
             </tr>
             <tr>
              <td align="center" style="line-height:1px;" valign="top">
               <a style="display: block">
                <img alt="30 percent Off All Salomon Footwear for Women, Men and Kids. Excludes Ski/Snowboard Boots" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fmodule2_image_salomon_handpicked_3.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="border: 0; display: block;"/>
               </a>
              </td>
              <td bgcolor="#acacac" style="width:1px; line-height:1px;">
               <img alt="" border="0" height="1" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fspcr.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="display:block; width:1px; line-height:1px; border:0;" width="1"/>
              </td>
              <td align="center" style="line-height:1px;" valign="top">
               <a style="display: block">
                <img alt="20 percent Off All Merrell Hiking Shoes for Women, Men and Kids" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fmodule2_image_merrell_handpicked_4.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="border: 0; display: block;"/>
               </a>
              </td>
             </tr>
             <tr>
              <td bgcolor="#acacac" colspan="3" height="1" style="height:1px; line-height:1px;">
               <img alt="" border="0" height="1" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fspcr.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="display:block; width:1px; line-height:1px; border:0;" width="1"/>
              </td>
             </tr>
             <tr>
              <td align="center" style="line-height:1px;" valign="top">
               <a style="display: block">
                <img alt="30 percent Off All REI Co-op Kingdom Series Tents and Footprints" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fmodule2_image_cooptents_handpicked_5.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="border: 0; display: block;"/>
               </a>
              </td>
              <td bgcolor="#acacac" style="width:1px; line-height:1px;">
               <img alt="" border="0" height="1" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fspcr.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="display:block; width:1px; line-height:1px; border:0;" width="1"/>
              </td>
              <td align="center" style="line-height:1px;" valign="top">
               <a style="display: block">
                <img alt="30 percent Off All REI Co-op Sahara Collection Clothing for Women, Men and Kids" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252Fmodule2_image_coopclothing_handpicked_6.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="border: 0; display: block;"/>
               </a>
              </td>
             </tr>
            </table>
           </td>
          </tr>
         </table>
        </div>
        <div class="lhfix lh100" style="line-height:80px;">
        </div>
        <div>
         <table cellpadding="0" cellspacing="0">
          <tr>
           <td align="center" valign="top" width="740">
            <div>
             <table cellpadding="0" cellspacing="0">
              <tr>
               <td align="center" valign="top">
                <div class="hide">
                 <table cellpadding="0" cellspacing="0">
                  <tr>
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                    <a style="display: block">
                     <img alt="" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fmi.rei.com%252Fp%252Frp%252F306949cec7a8b7e3.png%253Fmi_u%253D325950435/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtaS5yZWkuY29tJSJ9:1kXMkf:UyJYb6Z72XYff6ZS9_ygKyRKDLakCS2pAfSbBb9ICf0" style="border: 0; display: block;"/>
                    </a>
                   </td>
                  </tr>
                 </table>
                </div>
                <!--[if !mso]><!-->
                <div class="show" style="display:none; float:left; overflow:hidden; width:0; max-height:0; line-height:0;">
                 <table cellpadding="0" cellspacing="0">
                  <tr>
                   <td align="center" style="line-height:1px;" valign="top">
                    <a style="display: block">
                     <img alt="" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fmi.rei.com%252Fp%252Frp%252F868f924290bbdb59.png%253Fmi_u%253D325950435/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtaS5yZWkuY29tJSJ9:1kXMkf:UyJYb6Z72XYff6ZS9_ygKyRKDLakCS2pAfSbBb9ICf0" style="border: 0; display: block;"/>
                    </a>
                   </td>
                  </tr>
                 </table>
                </div>
                <!--<![endif]-->
               </td>
              </tr>
             </table>
            </div>
           </td>
          </tr>
         </table>
        </div>
        <div>
         <table bgcolor="#ffffff" cellpadding="0" cellspacing="0" class="moduleParent" width="640">
          <tr>
           <td align="center" valign="top" width="640">
            <table bgcolor="#efeee2" cellpadding="0" cellspacing="0" width="640">
             <tr>
              <td align="center" valign="top" width="640">
               <div class="lhfix" style="line-height:40px;">
               </div>
               <div>
                <table cellpadding="0" cellspacing="0" width="640">
                 <tr>
                  <td align="center" width="640">
                   <a style="text-decoration: none; color: #4e4d49!important;">
                    <img alt="REI Co-op members get 20% off one full-price item" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252F2020_asale_coupon_reishop_v2.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="display:block;border:0;"/>
                   </a>
                  </td>
                 </tr>
                </table>
               </div>
               <div>
                <table cellpadding="0" cellspacing="0" width="640">
                 <tr>
                  <td align="center" width="640">
                   <a style="text-decoration: none; color: #4e4d49!important;">
                    <img alt="REI Co-op members, take an extra 20% off one REI Outlet item (online only)" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic.cdn.responsys.net%252Fi5%252Fresponsysimages%252Frei%252Fcontentlibrary%252Fpromo_%252F2019_mr_library%252Fimages%252F2020_asale_coupon_outlet_v2.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMuY2RuLiJ9:1kXMkf:LmlPUc-VD8sY6aHChqxUJBYgF8L7uNb931-lYtaHQYk" style="display:block;border:0;"/>
                   </a>
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                   <td align="center" valign="top" width="740">
                    <table cellpadding="0" cellspacing="0">
                     <tr>
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                       <div class="f30 lh26 lhfix" style="font-family:arial; font-weight:900; font-size:24px; line-height:30px; color:#4e4d49;">
                        USE CODE:
                        <br/>
                        <span class="f50 lh60 lhfix" style="font-family:arial; font-weight:900; font-size:34px; line-height:34px; color:#4e4d49;">
                         ANNV20
                        </span>
                       </div>
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                     </tr>
                    </table>
                   </td>
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                 </table>
                </div>
               </div>
               <div class="lhfix lh50" style="line-height:40px;">
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                   <style>
                    @media screen and (max-width:739px){.w250 {width:250px!important}}
                   </style>
                   <table cellpadding="0" cellspacing="0">
                    <tr>
                     <th align="center" valign="top">
                      <!--[if gte mso 9]><style type="text/css">.cta_hero1a { width:180px!important; background-color:#dc2433; border: 1px solid #dc2433; padding:20px !important; color: #ffffff; display:inline-block; font-family: Arial, Helvetica, sans-serif; font-size:16px; font-weight:bold; line-height:24px; text-align:center; text-decoration:none; letter-spacing:2px;}.resetBorder { border: none !important; }</style><![endif]-->
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                           SHOP REI
                          </a>
                         </th>
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                  <td align="center" class="block" style="padding:0; line-height:1px;" valign="top">
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                   <style>
                    @media screen and (max-width:739px){.w250 {width:250px!important}}
                   </style>
                   <table cellpadding="0" cellspacing="0">
                    <tr>
                     <th align="center" valign="top">
                      <!--[if gte mso 9]><style type="text/css">.cta_hero1a { width:180px!important; background-color:#dc2433; border: 1px solid #dc2433; padding:20px !important; color: #ffffff; display:inline-block; font-family: Arial, Helvetica, sans-serif; font-size:16px; font-weight:bold; line-height:24px; text-align:center; text-decoration:none; letter-spacing:2px;}.resetBorder { border: none !important; }</style><![endif]-->
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                          <a class="f24 lh34 lhfix resetBorder w250" style="background-color:#dc2433; width:180px; border: 1px solid #dc2433!important; padding: 20px; display: inline-block; font-family: Arial, Helvetica, sans-serif; font-size:16px; font-weight:bold; line-height:24px; color:#ffffff; text-align: center; text-decoration: none; letter-spacing:2px; text-transform:uppercase;">
                           SHOP REI OUTLET
                          </a>
                         </th>
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                       </table>
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                    </tr>
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               <div class="lhfix lh50" style="line-height:40px;">
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               <div>
                <table cellpadding="0" cellspacing="0">
                 <tr>
                  <td align="center" valign="top" width="640">
                   <table cellpadding="0" cellspacing="0">
                    <tr>
                     <td align="center" valign="top" width="640">
                      <div class="f16 lh24 lhfix" style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height:20px; color:#ffffff; text-align:center;">
                       <div class="f24 lh30 lhfix" style="font-family:Arial; font-size:14px; line-height:18px; color:#4e4d49; text-align: center;">
                        Valid thru 5/25.
                        <a style="text-decoration:underline; color:#4e4d49;">
                         Terms and conditions apply
                        </a>
                        .
                       </div>
                      </div>
                     </td>
                    </tr>
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                </table>
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               <div class="lhfix lh50" style="line-height:40px;">
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        <table cellpadding="0" cellspacing="0" width="740">
         <tr>
          <td align="center" valign="top" width="640">
           <div bgcolor="#efeee2">
            <table bgcolor="#efeee2" border="0" cellpadding="0" cellspacing="0">
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                 <img alt="Use your coupon for extra savings on gear you'll love" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fmi.rei.com%252Fp%252Frp%252F6c0ee0bde3668de9.png%253Fmi_u%253D325950435%2526mi_user_id%253D325950435%2526mi_session_id%253D325950435%2526mi_api_path%253Dcm_mmc%253Demail_com_gm-_-20200519_OFP_A-SaleHandpicked-_-051920-_-img_mi_rr_desktop_header%2526ev36%253D32949841%2526rmid%253D20200519_OFP_A-SaleHandpicked%2526rrid%253D325950435%2526ev11%253D0%2526cm_mmc%253Demail_com_gm-_-20200519_OFP_A-SaleHandpicked-_-051920-_-img_mi_rr_desktop_header%2526ev36%253D32949841%2526rmid%253D20200519_OFP_A-SaleHandpicked%2526rrid%253D325950435%2526ev11%253D0/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtaS5yZWkuY29tJSJ9:1kXMkf:UyJYb6Z72XYff6ZS9_ygKyRKDLakCS2pAfSbBb9ICf0" style="border: 0; display: block; max-width:740px;"/>
                </a>
                <div class="lhfix" style="line-height:24px;">
                </div>
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               <!--[if !mso]><!-->
               <div class="show" style="display:none; float:left; overflow:hidden; width:0; max-height:0; line-height:0;">
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                 <img alt="Use your coupon for extra savings on gear you'll love" border="0" src="https://inboxflows.com/_/image/https%253A%252F%252Fmi.rei.com%252Fp%252Frp%252F59a473837bfce137.png%253Fmi_u%253D325950435%2526mi_user_id%253D325950435%2526mi_session_id%253D325950435%2526mi_api_path%253Dcm_mmc%253Demail_com_gm-_-20200519_OFP_A-SaleHandpicked-_-051920-_-img_mi_rr_mobile_header%2526ev36%253D32949841%2526rmid%253D20200519_OFP_A-SaleHandpicked%2526rrid%253D325950435%2526ev11%253D0%2526cm_mmc%253Demail_com_gm-_-20200519_OFP_A-SaleHandpicked-_-051920-_-img_mi_rr_mobile_header%2526ev36%253D32949841%2526rmid%253D20200519_OFP_A-SaleHandpicked%2526rrid%253D325950435%2526ev11%253D0/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtaS5yZWkuY29tJSJ9:1kXMkf:UyJYb6Z72XYff6ZS9_ygKyRKDLakCS2pAfSbBb9ICf0" style="border: 0; display: block; max-width:740px;"/>
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                      *20% Off All Yakima &amp; Thule Racks, Roof Boxes and Rack Accessories: Some racks and accessories incur an extra fee if shipped to your home. Or ship free to any store.
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                      *Up to 15% Off Selected Kayaks, Paddle Boards and Canoes: For latest shipping information see REI.com/free-shipping
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                      *15% Off All Co-op Cycles Bikes: For latest shipping information see REI.com/free-shipping. Bike brand selection varies by location. Offer excludes clearance bikes (with prices ending in $._3).
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                      5% back applies to REI net purchases (purchases minus credits and returns) including full-price and discount-price items, REI gift cards, services, fees, and REI adventure travel-invoiced trip payments. The 5%, 2% and 1% rewards are distributed with your member dividend annually.
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                      ²REI Co-op World Elite Mastercard rewards are offered to cardholders in accordance with the card's terms, but are mentioned as parts of a dividend because they are paid at the same time as your normal member dividend. 10% member dividend is typical but not guaranteed. Your member dividend is based on eligible net qualified purchases, which exclude REI Outlet items, sale, clearance items, discounted items, gift cards, REI adventure travel, REI classes, tours and events, service fees (ex. rentals, labor), membership fee, postage, event tickets, passes or registrations, government agencies and sales tax.
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