Earning Dividend Points

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Start earning points today towards your annual dividend payment!

After you sign up to become a member, you'll receive your welcome pack within 2-3 weeks, containing your membership card and other useful information about your membership.

Your membership card can be used to collect points when you shop in any of our businesses, and you’ll earn 10 points for every qualifying pound you spend. There are a few things like cigarettes, National Lottery, infant formula, PayPoint, Subway, funeral disbursements and prescription drugs that don't qualify for dividend points. 

If you want to collect points before your card arrives just let the person at the till know that you’re waiting for your card so they can mark it on your receipt. Then take your receipts back to your local co-op or send them to the Membership Support Team along with your card number and name and address, so that we can add your points to your card.

Your Annual Dividend Payment

Once we know how much profit we’ve made in the year, we’ll work out how much dividend each of our members will get. This will depend on the amount of points you’ve collected over the year – the more you spend, the more you get! 

If you meet the qualifying spend, we’ll send you your dividend in the post as vouchers. In the first year we’ll deduct your £1 share from your dividend, unless you’ve already paid it. Dividend vouchers are usually sent out in June. You can spend your dividend in store, deposit into your share account or donate to our Community Cares Fund - it’s up to you!

Your Frequently Asked Questions

How do I earn dividend?

Show your physical membership card or your digital card on Stocard at the till whenever you shop with us, and you’ll earn 10 points for every qualifying pound you spend. You can earn points across all of our businesses, including Food, Forecourts, Funeral, Travel. 

There’s no minimum spend, so it doesn’t matter if you’re only popping in for a loaf of bread or a carton of milk - it’s still worth using your card. 

Remember, there are a few things like cigarettes, National Lottery, infant formula, PayPoint, Subway, funeral disbursements and prescription drugs that don't qualify for dividend points.

Did you know? You can also earn dividend points at our Wherstead Park wedding services, Aldeburgh apartments, Co-op Secure Response and HL Perfitt Masonry businesses. You can find out more about your Member Perks here.  

How do you calculate how much dividend I get?

Once we know how much profit we’ve made in the year, we’ll work out how much dividend each of our members will get. This will depend on the amount of points you’ve collected over the year – the more you spend, the more you get!

How can I spend my dividend?

Once a year we'll send you your dividend in the post in the form of vouchers. If you've kindly donated your odd pence to charity you'll receive your dividend in whole pounds (£s). If your dividend is less than £2.00 (the minimum dividend amount) we'll roll it forward to the next year. 

You can spend your dividend in store, deposit it in your member share account or donate it to our Community Cares Fund - it's up to you. 

Don't forget, you'll need your membership card with you when redeeming your dividend vouchers or paying them into your share account. If you want to withdraw your dividend or find out your share account balance, please speak to our Membership Support Team

For further information, please refer to the conditions of use on your dividend vouchers.