The Co-operative Bank Credit Card: Ethical Banking with Cashback Rewards
The Co-operative Members Credit Card combines ethical banking principles with practical cashback rewards, offering Co-op Members a responsible way to manage spending whilst earning rewards on everyday purchases.
The Co-operative Members Credit Card represents a unique combination of ethical banking principles and practical financial benefits. As a product from the UK's original ethical bank, established in 1872, this credit card allows you to align your spending with your values whilst earning cashback rewards on everyday purchases. Exclusively available to Co-op Members, this card demonstrates that responsible banking and attractive rewards can go hand in hand.
Cashback Rewards That Make a Difference
With The Co-operative Members Credit Card, every purchase contributes to your cashback earnings. You'll receive 0.5% cashback when shopping at Co-op food stores, rewarding your loyalty to Co-op products. Additionally, you'll earn 0.3% cashback on all other purchases wherever Visa is accepted, ensuring that your everyday spending works harder for you. This dual-rate cashback structure means you're constantly earning rewards, whether you're doing your weekly food shopping or making purchases online and in-store across the UK.
Banking with Values and Ethics
What truly sets The Co-operative Bank apart is its unwavering commitment to ethical banking. Since creating the UK's first customer-led Ethical Policy in 1992, the bank has given customers a voice in how their money is used. Unlike many traditional banks, The Co-operative Bank understands the power your money holds in making positive differences to the planet, its people, and our communities. When you use this credit card, you're not just making purchases—you're supporting a bank that stands up for causes that matter, from environmental sustainability to social responsibility.
Transparent and Competitive Rates
The Co-operative Members Credit Card offers a representative APR of 18.2% (variable), which is competitive for a rewards credit card in the UK market. This rate applies to both purchases and balance transfers, providing consistency and transparency in how interest is calculated. The card comes with no annual fee and no balance transfer fee, making it an excellent choice for those looking to consolidate existing credit card debt or simply manage their spending more effectively without incurring additional charges.
Learn More About Credit Cards:
Additional Features:
Exclusive Membership Benefits
As an exclusive offering for Co-op Members, this credit card strengthens your relationship with The Co-operative Group. Becoming a Co-op Member costs just £1 and opens the door to this valuable credit card alongside other membership benefits across Co-op services. The cashback you earn is automatically credited to your account, making it effortless to benefit from your everyday spending. Whether you're a regular Co-op shopper or simply appreciate the ethical stance of The Co-operative Bank, this membership requirement ensures that cardholders share common values and support the Co-op community.
Representative Example and Important Information
Representative Example: 18.2% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.2% per annum (variable). This means if you borrow £1,200 and make no additional purchases or payments, you would be charged interest at 18.2% per annum on the outstanding balance.
Please note that approval is subject to status and based on a credit check and assessment of your personal circumstances. A minimum annual income of £10,000 is required, and you must be a Co-op Member to apply. Cash withdrawals incur a fee of 3% of the amount withdrawn (minimum £3), and cash withdrawals abroad incur an additional 2.75% currency conversion fee. Missing payments or exceeding your credit limit may result in charges of £10 per occurrence.
Important: You should only apply for credit that you can afford to repay. Making only minimum repayments can lead to persistent debt and increased interest charges over time. This information is for general guidance only and does not constitute financial advice. You should consider seeking independent financial advice before applying for any credit product.
Why Choose The Co-operative Bank Credit Card?
The Co-operative Members Credit Card is more than just a payment method—it's a statement about how you want to manage your finances. By combining practical cashback rewards with ethical banking principles, this card allows you to earn as you spend whilst supporting a bank that prioritises people and planet over profit. With no annual fee, competitive interest rates, and the backing of the UK's original ethical bank, this credit card offers a compelling alternative to traditional credit cards. Whether you're consolidating existing debt with fee-free balance transfers or simply looking for a responsible way to manage everyday spending, The Co-operative Members Credit Card delivers value, ethics, and flexibility in equal measure.