# What are Coop dividend points?

**URL:** <https://community.monzo.com/t/what-are-coop-dividend-points/59229>\
**Category:** General Chat\
**Created:** [1 February 2019 13:22 UTC](https://community.monzo.com/t/what-are-coop-dividend-points/59229 "2019-02-01T13:22:01Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![anon72862661](https://avatars.discourse-cdn.com/v4/letter/a/858c86/32.png) [@anon72862661](https://community.monzo.com/u/anon72862661)\
**Post date:** [1 February 2019 13:22 UTC](https://community.monzo.com/t/what-are-coop-dividend-points/59229/1 "2019-02-01T13:22:01Z")

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Hi all. I’m a Coop member as they are one of the shops close to my school. I’ve noticed that you also get dividend points along with the normal points that you can redeem for items.

What do these points actually do? I have nine last time I checked, and reading up on it it says that I get a share of the Coops profits, but then also looking it doesn’t appear to be the case.

Can someone help me with what these dividend points actually do?

Thanks

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**Author:** ![anon77363772](https://avatars.discourse-cdn.com/v4/letter/a/3da27b/32.png) [@anon77363772](https://community.monzo.com/u/anon77363772)\
**Post date:** [2 February 2019 17:31 UTC](https://community.monzo.com/t/what-are-coop-dividend-points/59229/2 "2019-02-02T17:31:50Z")

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Co-op is member-owned, and as a member, you get dividend points.  
Actual dividend payouts only happen when members vote to grant themselves a payout during their Annual General Meetings.

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**Author:** ![anon72862661](https://avatars.discourse-cdn.com/v4/letter/a/858c86/32.png) [@anon72862661](https://community.monzo.com/u/anon72862661)\
**Post date:** [2 February 2019 20:52 UTC](https://community.monzo.com/t/what-are-coop-dividend-points/59229/3 "2019-02-02T20:52:37Z")

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Awesome, thank you!

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**Author:** ![LondonTea](https://avatars.discourse-cdn.com/v4/letter/l/7bcc69/32.png) [@LondonTea](https://community.monzo.com/u/LondonTea)\
**Post date:** [26 October 2026 12:05 UTC](https://community.monzo.com/t/what-are-coop-dividend-points/59229/4 "2026-10-26T12:05:23Z")

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Has anyone managed to add coop bank (or Coventry building society who now own them) accounts directly to their monzo accounts?
