Exciting news about your rewards

We encourage our members to have a say in our business and your opinion is important to us. You told us that you wanted the way banking and insurance points were earned to be simpler, so we are changing the way it works. From January 2013, if you use our bank or insurance services you will earn a fixed rate of points every year, depending on the products you hold. These changes also mean that more of our members earn more points for bank and insurance products – great news all round.

From 2013 - The points you earn* with The Co-operative Bank and Britannia:

• Current accounts: 1200 points, if you deposit £800 per month on average into your account.
• Mortgages: 750 points, for a residential mortgage with an outstanding balance over £500.
• ISAs: 300 points, if you have a cash ISA with a balance over £100.
• All other products earn 100 points per year (eligibility criteria apply).
• Bond and Fixed Term deposit savings products do not qualify to earn points.

• Home and motor insurance policies: 750 points if you have renewed a home or motor policy in the past 12 months.
• Home and motor insurance policies: 100 points for new policies which have not been renewed in the previous 12 months.
• All other products earn 100 points per year (eligibility criteria apply).

The changes come into force from 1 January 2013, so you'll see the effect in your November 2013 share of the profits.

*All points earned are based on a rate set per year.

For further information on the Membership points scheme, please read our frequently asked questions

How to earn points across our family of businesses

Every time you shop in a Co-operative store (where you see our membership sticker) or online, you can earn points.And each point counts towards your share of the profits. See where and how you can earn points across The Co-operative family of businesses.