...just noticed this in my inbox

$20 Off Your Purchase of $100 Or More

*Offer Exclusions

-Offer valid until 12/24/07 11:59 p.m. PST.
-Coupon (or coupon code) must be presented at time of purchase.
Online and phone customers must use code HOLIDAY7 to receive this discount.
-Offer valid on one pretax purchase totaling $100 or more.
-Offer valid at REI.com, REI-OUTLET.com, 1-800-426-4840 and REI stores.
-Offer not valid at REI Adventures or REI Outdoor School.
-Offer not valid on special orders, prior purchases, REI gift cards or E-gift certificates, gift boxes,memberships, shop services, rentals.
-Offer is limited to stock on hand, is nontransferable and is not redeemable for cash.
-Merchandise discounted 15% or more is not eligible for the REI member refund.
-Offer may not be combined with any other discount or offer.
-To order by phone, call 1-800-426-4840 Mon. through Sun., 4 a.m.
through 11 p.m. Pacific Time.
-Cashier instruction: Apply $20 transaction discount to total purchase. Please refer to exclusions.