REI’s holiday sale gives co-op members two ways to use the same code through November 23. HOLIDAY2026 takes 20% off one eligible item at regular price and another 20% off one eligible item from REI Outlet online. The offers apply to separate items. If you are considering joining for the discount, the $30 lifetime membership breaks even at $150 in eligible merchandise, before taxes and shipping.
The threshold applies to the prices that receive the discount. Regular sale items can count toward your order total and still be ineligible for either coupon. An eligible Outlet item counts at its current Outlet price. REI’s coupon terms run through 11:59 p.m. Pacific on Monday, November 23, and the broader sale is open to shoppers without a membership. The code and expiration are the same for both coupons.
Which prices qualify for the two discounts?
REI applies the discount to the highest-priced eligible item in each category. You can use the full-price offer in an REI store, at REI.com or by phone. The Outlet discount applies to an eligible item bought online. REI asks online and phone shoppers to give the code at checkout. The terms allow one coupon per customer and bar combining it with another discount or offer.
The eligible-item list has separate filters for full-price and Outlet merchandise. Outlet is a specific category on the site. REI’s regular sale and clearance merchandise falls outside the coupon, even when it appears alongside Outlet products in the deals section. If you see a sale price on part of an order, check the discount on each item before you use the cart total to calculate savings.
There are also product exclusions. The member coupon skips bikes, skis, snowboards, GPS-equipped products, fitness trackers and action cameras, among other categories. Some brands are excluded too. A GPS watch can still have a separate advertised sale price. Its price contributes nothing to the membership calculation because the watch cannot use this coupon. Used gear in Re/Supply is also excluded.
What the $30 membership does to the total
On November 14, REI listed the Patagonia Black Hole Duffel 55 L at $179 and marked it eligible for HOLIDAY2026. Twenty percent takes off $35.80. An existing member would pay $143.20 before taxes and shipping. Someone joining at checkout would pay $173.20 including the $30 fee, or $5.80 less than the listed price for the duffel alone.
The retailer also listed an eligible Helly Hansen HH Lifa Active Crew base layer at $48.73 in REI Outlet. An extra 20% puts it at about $38.98. Taking both discounts on the duffel and this base layer would bring their combined price to about $182.18, or $212.18 including the fee for a new member. That is about $15.55 below the two listed prices together.
Prices in different categories matter even when two carts have the same total. For example, an eligible $100 full-price item and an eligible $80 Outlet item would save $36 together. After the membership fee, the $180 basket would cost $174 before taxes and shipping. If both items were full-price, just one would receive the discount. The same $100 and $80 prices would save $20 on the higher-priced item, leaving a new member $10 above the regular basket price after the fee.
Count later rewards separately
REI’s membership terms exclude discounted merchandise and Outlet purchases from the annual member reward. REI describes 10% as a typical reward on eligible purchases. Adding an expected annual reward on top of the holiday coupon would overstate the savings on the discounted item.
The duffel listing also advertises a separate $30 bonus card for new members who spend $50. The bonus-card terms describe a later single qualifying purchase and an expiration date shown in the email. The totals above use the amount due at checkout, so the card’s value depends on a later purchase you plan to make before it expires.
