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Do you have any accounts with Co-op Bank or smile

I received two cheques out of the blue from the Co-operative Group today totalling £110.

I joined the Co-operative Group a few years ago as I liked their stance on such matters as global warning, third world debt, ethical consumerism and so on. I also have a bank account with smile, my mortgage is with the Co-op and have just obtained my fourth 0% stoozing card with them (Stroud & Swindon).

Anyway, the purpose of my post was to point out that members of the Co-operative Group now get a dividend every six months based on food purchases, holiday bookings, insurance policies and turnover/balances in bank accounts held, etc.

This only costs £1 to join, so a return of £110 on a £1 seems pretty good moneysaving to me!
Ethical moneysaver

Comments

  • Rikki
    Rikki Posts: 21,625 Forumite
    I got £6.90 :)
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
  • johnmoney05
    johnmoney05 Posts: 1,484 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Do you need to post your thread everywhere? Is it spam?
  • "everywhere"

    I posted twice.

    I saved £120 for outlay of a £1. How is telling people that spam?
    Ethical moneysaver
  • Very interesting, how did you go about this, I used to have a current account with Co-op and I was never told about this?
    £2 Coin Savers Club (Christmas)- £86
    £1 Jar (Christmas)- £29
    Christmas Vouchers Saved: £145
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    I received two cheques out of the blue from the Co-operative Group today totalling £110.

    I joined the Co-operative Group a few years ago as I liked their stance on such matters as global warning, third world debt, ethical consumerism and so on. I also have a bank account with smile, my mortgage is with the Co-op and have just obtained my fourth 0% stoozing card with them (Stroud & Swindon).

    Anyway, the purpose of my post was to point out that members of the Co-operative Group now get a dividend every six months based on food purchases, holiday bookings, insurance policies and turnover/balances in bank accounts held, etc.

    This only costs £1 to join, so a return of £110 on a £1 seems pretty good moneysaving to me!
    Can you post any link to the Co-op bank site describing this scheme perhap?
    .....under construction.... COVID is a [discontinued] scam
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Milarky wrote:
    Can you post any link to the Co-op bank site describing this scheme perhap?
    http://www.co-operative.co.uk/members
  • cheggers
    cheggers Posts: 685 Forumite
    I am a member, but I don't spend enough with them to ever get anything from them.

    Lets hope they go plc one day:j :j
  • Rikki
    Rikki Posts: 21,625 Forumite
    This something they introduced a few months back. You should have been sent out information pack and card if you are a Co-op member.
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
  • jonnyb1978
    jonnyb1978 Posts: 1,363 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Got a Co-op credit card although can not use it and a smile loan.

    Never heard of this benefit before. I guess for £1 its well worth it. It also comes off what you earn so do not have to pay the pound upfront.

    Will give this a go even tho i dont buy much with them.
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