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Home > Blog > Credit Tips > Save Money with Co-op Grocery Stores

Save Money with Co-op Grocery Stores

Posted by: Lisa N. | Apr 25,2008
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With grocery store prices on the rise and the cost to drive to the store getting higher and higher, finding ways to save money at the supermarket are on everyone’s mind. Co-op grocery stores are gaining popularity and offer customers a unique way to save money.

 

Co-op grocery stores are owned by members, who buy into the store by paying membership fees or by working part-time in the store. Food and grocery co-ops generate billions in revenues each year and pay members back when the stores are profitable. There are an estimated 40,000 co-op businesses in the U.S. today including electric co-operatives, credit unions and grocery stores.

 

The benefits of co-op grocery stores are many. Co-ops offer an abundance of fresh foods, including organic foodstuffs and fruits and vegetables grown by local farmers. Membership is typically not required to shop in a co-op grocery store and the food and products sold are offered at deep discounts to help customers save money.

 

A rewards credit card can also help you save money at the supermarket. Many rewards cards provide bonus points for customers who use the cards to pay for groceries. A gas credit card like the Chase PerfectCard provides rebates which can provide a real savings to people no matter where they choose to fill up on gas, while also offering rebates for grocery shopping, too. 

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