OzBargain Effect on Co-Op Bookstore

Ljnrbargainr on 11/07/2015 - 11:03

Hi,

Long time lurker & first time poster..

It seems the OzBargain Effect (TM?) on this post: https://www.ozbargain.com.au/node/190034 has made the co-operative after 58 years in the last few weeks change their policy here:

I no longer want to be a Co-op Member. Can I withdraw my shares?

Your membership is non refundable. If you have any queries, please contact our Customer Service team on [email protected]

The membership cancellation page which was located here has also been removed.

I guess OzBargain Effect (TM?) was too stong and overwhelmed them with cancellation requests - so they've varied their membership conditions so their their 1.8 million members now have no choice should they wish to leave the cooperative.

In my view it's often cheaper to get textbooks and other gifts cheaper elsewhere, I can't see the point in paying a membership fee (which is now non-refundable) when many other online stores are cheaper. I'm surprised they didn't vote/put this change to the members, it's a cooperative after all isn't it?

Any thoughts on this matter or any other links where the Effect (TM) has been too strong?

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Related Stores

The Co-Op Online Bookshop
The Co-Op Online Bookshop

Comments

  • PVA on 11/07/2015 - 11:12

    it also says this.. You will receive $25 Co-op Membership fee paid back into your ME Bank EveryDay Transaction Account within 60 days of your account opening.

    • jnrbargainr on 11/07/2015 - 11:19
      +1

      I believe this is a promotion for new memberships:

      Co-op Members who open an ME Bank EveryDay Transaction Account (ETA) with a co-branded Debit MasterCard®

      University Co-operative Bookshop Limited ABN: 70 009 937 160 (p. 02 9325 9600 w: coop.com.au) promotes and distributes ME Bank deposit products as an authorised representative of ME Bank

      • PVA on 11/07/2015 - 11:26

        ahh, I see.

  • Steptoe on 11/07/2015 - 14:46
    +3

    Does it legally apply if they change it after you joined?

    • jnrbargainr on 11/07/2015 - 16:30
      +1

      Hi,

      I'm not sure, perhaps those with a legal mind could comment: here is an image comparing the membership terms and conditions from July 2013 to the current terms and conditions as at today (11/07/2015).

      I'm also unsure if they can retrospectively modify the active membership and associated conditions of a registered co-operative in the state of NSW (where co-op is registered).

  • [Deactivated] on 07/08/2015 - 08:10

    Received my $20 today! woo

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