CO-OP offers profit sharing to its members, with a minimal investment of $5 per membership. According to the CO-OP promotional materials, this purchase is “one of the best investments you will ever make.”
Now I’m no stockbroker or investment banker but I’ll do my best to explain the CO-OP program, here’s how it breaks down based on last years stats.
Members received 12.5 cents/litre, paid out at the end of the year. Since G.G. bought 38 litres/week of gas (1,976/year), he saved $4.75/week ($247/year).
Additionally, members always receive 3.5 cents/litre right at the pump every time they fill up. At 38 litres/week (1, 976/year), he saved $1.33/week ($69.16/year).
That means last year, CO-OP members saved 16 cents/litre, a total of $316.16 in savings. For Mr. G. Guzzler, that means his gas only cost him $2,108.16 for the year.
This is a big savings of more than 6 free fills, which is almost two months of gas for free.
– J.V.
Gas Station Rewards 