Co-op bank woohoo!

alastairq

I knew there was a reason why I favoured Co-op bank and their Cashminder accounts...besides being BR....

Just had the Co-op Divi paid in...over a year, a wholesome £25!


And I cannot use a Co-op store either,none nearby....

so based solely upon bank usage and insurances.

now Haglifax wont entertain BR's........and the Co-op divi works out at around 5 month's worth of what huglifax advertise so naffingly on telly, for their equally naff current accounts.....

so go on peeps, sign up for the Co-op divi..toot sweet:rotfl:

curly04

what is the co op divi??
I bank and shop there loads

alastairq

http://www.co-operativebank.co.uk/servlet/Satellite/1204529928141,CFSweb/Page/Bank?WT.svl=footer

It is the fundamental basis of a co-operative........ie for a nominal fee [in this case, one quids]...one becomes a member of the co-operative, thus effectively able to benefit from profit dividends...ie, become a sort-of shareholder.

The dividend is payable by a variety of means.....I opted for straight 'cash-in-the-bank'....but one can have it donated to a charity or political party of choice!

curly04

Thanks for this I will take a look
Charity sounds good but like they say charity starts at home
and the government take enough off me

hopefulfooluk

So you'd get about £24 just by having £1000 in there for a year? That's better than most savings accounts!

Quiet_Life

I'm with the co-op also, just got my divi, £101 for the year.

curly04

Quiet_Life wrote: »

I'm with the co-op also, just got my divi, £101 for the year.

WOW what did you have to do to get that amount

alastairq

So you'd get about £24 just by having £1000 in there for a year? That's better than most savings accounts!

if you don't spend it, that is.....but yes...if your pay cheque is a grand a month, and paid regularly, then that's what you get...sort-of.


Hagglyfix give account holders a fiver a month if they get a grand paid in each month.....[do they have to wait a year first, though?}

hopefulfooluk

curly04 wrote: »

WOW what did you have to do to get that amount

Sell your soul in aisle 7

curly04

hopefulfooluk wrote: »

Sell your soul in aisle 7

I've already sold my sole years ago to Sam Winchester

Quiet_Life

curly04 wrote: »

WOW what did you have to do to get that amount

I have a current account, a small savings account and my credit card (which I clear every month). I think you get more points using their credit card.... I'm actually with smile the co-op's internet bank.
Not actually with them for purely money saving reasons, although I have a free over draft facility should I need it, changed to them for ethical reasons.