Membership is open to everyone over the age of 16 and gives you a share in the profits, a say in how our businesses are run and access to products and services from The Co-operative Group.
As a member you are part of something genuinely good that is about creating value for its members rather than making profits for large shareholders. The Co-operative Membership invests in the communities we live in and takes its responsibilities to the world we share very seriously.
If you're a member of The Co-operative Group, you can earn points on many of the products and services from our family of businesses which contribute to a share of profits paid to you twice a year in June and December. What's more, if you already have products and services with The Co-operative Bank, smile or The Co-operative Insurance (CIS) you could be earning points on some of those too.
To find out more or to become a member call 0800 917 3437 or visit http://www.co-operative.coop/membership/
For products held with Co-operative Insurance, The Co-operative Bank and smile, members will be awarded points based on the products they hold, as follows:
| 1 point for every £10 held on average in a Co-operative Bank current account | 1 point for every £10 borrowed on average with a Co-operative Bank Members’ credit card. 15.9% APR representative/variable |
| 1 point for every £10 outstanding on a Co-operative Bank loan. 9.9% APR representative on loans between £7,500 and £14,950 | 1 point for every £20 held on average in a Co-operative Bank savings account* |
| 1 point for every £40 held or borrowed in a Co-operative Bank mortgage | 250 points for holding a Co‑operative Insurance (CIS) home or annual motor insurance policy |
Points will be awarded pro rata for the first half of the year. For example, a home or motor insurance policy held for six months ending 30th June will earn the member 125 points.
Remember, the more members spend, the bigger their share of our profits will be. By using their membership card they can convert their purchase to points, which get converted to pounds. See the example below.
| Trade | Points earned | Amount earned |
|---|---|---|
| Spend £10 every week in a Co-operative food store for a year | 520 | £10.40 |
| Spend £1000 on a holiday with The Co-operative Travel | 500 | £10.00 |
| Have a £90,000 mortgage with The Co-operative Bank | 2,250 | £45.00 |
| Have an annual car or home insurance policy with The Co-operative Insurance | 250 | £5.00 |
| Total share of Profits** | £70.40 |
or call 0800 917 3437
View our our full terms and conditions.
*Points may not apply to all products. Full terms and conditions, and details on how points are earned are listed on our website www.co-operative.co.uk/membership.
**This example is for illustrative purposes only and is based on the assumption that each point is worth 2p. The value of a point varies according to the profit we make.
