Name: Co-op Bank switch offer
Brand: Co-op Bank
Price: 125 GBP
Availability: InStock

Co-op Bank

Eligibility

You can't have recieved switch cash from Co-op Bank since the 1st of Nov 2022

For the extra £100, must've been a Co-op Bank, Coventry BS or Smile personal customer (ie. not a business account) since on or before 21 June 2026

Steps

Open a new account and request to switch in an account from a different bank within two weeks. If you have an existing account you can switch a current account held with a different bank in to your account

Complete a full switch within eight weeks

Deposit £1,500 or more

Have 2 or more Direct Debits (Switch Tracker can help with this)

Make 5 or more transactions using the debit card

Wait up to 7 days after meeting the criteria for the £125 to be paid into your account

Information

Available

£300

Tips

If you're new to Co-op Bank you can get up to £200 if you switch and stay for three months. If you are an existing customer you can get an additional £100 to make a potential total of £300.

For the £125 you must perform all the steps within 30 days of the switch completing.

How to get the £25/month for three months:

- Qualify for and receive the £125 bonus

- Each month thereafter: deposit £1,500+, make 5+ transactions using the debit card and have 2+ Direct Debits. Month one begins the day after you receive the £125 bonus.

- Each £25 is paid within seven days of 'your' month ending.

How to get the extra £100:

- Qualify for and receive the £125 bonus

- Be an existing customer of Co-op Bank, Coventry BS or Smile from on or before 21 June. This means holding a savings or current account with them, or having a mortgage with them or subsidiaries ITL or Godiva. Business accounts are excluded

- £100 will be paid to eligible accounts in November