Share of the Profits goes Digital

What are Share of the Profits 

• Every time you – and members – shop with us and use your membership card, you earn membership points

• Once a year, these points are converted into Share of the Profits.

• This time, that share is based on points earned between 27th January 2019 and 25th January 2020

• Members can choose to use their share to spend in any of our trading groups, pay it into their share account, or donate it to charity

Changes for this year 

• This year, Share of the Profit e-vouchers are available through the new Your Co-op Rewards app

• We won’t be issuing paper vouchers anymore and will no longer exchange vouchers for cash in any of our stores

• This follows an October 2020 member vote to pay Share of the Profits digitally going forward, as part of our commitment to reduce the use of paper across the Society

All your questions answered 

You can find more information here, including:

• A summary of changes for your Group

• A step-by-step guide on how members redeem their e-vouchers in your Group

• Frequently asked questions

• Guidance on helping members with queries

There will be no change for members who have chosen to:

• Credit their energy bill

• Credit their phone bill

• Donate their share to charity

• Pay into their share account

Members who live by a food store can download the Your Co-op Rewards app to use their e-vouchers for:

• Food

• Childcare

• Funeralcare

• Travel

• Online Pharmacy

Members who don’t live near one of our food stores will receive their voucher codes by letter or email, to use for:

• Childcare

• Travel

• Online Pharmacy