The Co-operative Group is a business democratically run by members, each of whom has an equal right to a say in how the business is run and how we achieve our social goals.

Members are rewarded with a share of our profits twice a year based on the amount we have made in profits, compounded with how much they have spent with a unique family of businesses; the more they spend, the higher the share will be.

pounds for points

In most cases you receive one point for each pound you spend. You can earn points at our high street businesses where you see our bee symbol, as well as with The Co-operative Bank, internet bank smile and Co-operative Insurance. Find out about points awarded for each of the businesses.

payout

When we know how much profit we have made, we will change your points into pounds and pence. You will receive your share twice a year: in June and November; in November our members receive an interim payment which values at a point equating to 1p for trading in the first half of the year.

The actual amount you receive in June depends on our profitability and the frequency of the share of the profits each year. For instance in June 2009 each point was worth 2p. For more information read the full terms and conditions.

Read the exceptions in terms and conditions of the membership scheme.

Become a member today and apply to join now.

*Product exclusions apply. See terms and conditions for details