Membership fee and payment
Updated 8 months ago
The membership fee is a 100-euro investment in the co-op. You can pay it in full or start with 20 euros. Once you pay the full membership fee, you receive your Bonus as cashback to your account. The co-op may also pay annual interest on your membership fee and surplus returns.
What is the membership fee?
The membership fee is a 100 euro investment in your cooperative's capital. It makes you a co-op member of the cooperative.
What you get with the membership fee:
Your own S-Etukortti
Access to all co-op member benefits
Bonus cashback on your purchases
Co-op member discounts and benefits
Payment:
Pay in full: 100 €
Or: start with 20 € and complete with Bonus
You can pay the remaining amount at any time
Payment period is usually 24 months (defined in the cooperative's rules)
Paying with Bonus:
Your Bonus is automatically used to complete your membership fee until the full 100 € is paid
Once your membership fee is fully paid, you receive Bonus as money to your S-Tili Account
Membership fee refund:
If you end your co-op membership, you get your membership fee back according to the cooperative's rules
How do Bonus and card payment cashback build up the membership fee?
Before your membership fee (100 €) is fully paid, Bonus and card payment cashback (0.5 % with S-Etukortti Visa) automatically build up your membership fee.
Once the full 100 euro membership fee is paid, you receive Bonus and card payment cashback directly to your account.
What do I do if the membership fee payment deadline is approaching?
If you want to pay the remaining membership fee, do this:
Sign in to the online service
Pay the remaining amount in your customer details
Or
Visit your nearest Service and bank point (find the nearest and book a time)
Please note:
If the membership fee is not paid in full by the deadline, the cooperative must end the co-op membership according to its rules.