The provider relaunched its popular incentive this week, giving eligible customers access to added rewards.
Those looking for a boost to their finances this winter may wish to consider the latest current account switching offer from The Co-operative Bank. Relaunched yesterday (6 February), it offers new and existing customers £75 for switching to either its Standard Current Account or Everyday Extra Account, followed by three £25 instalments.
To receive the £75, you must apply for an eligible account and request a switch within two weeks of the account opening, or switch a current account held with another provider to an existing Co-operative Bank account. This can include its Standard Current Account, Privilege, Privilege Premier, Current Account Plus or Everyday Extra account. You can also switch as part of an application for a new Standard Current Account.
In the 30 days following the opening of the account, you’ll also need to have deposited a minimum of £1,000, have set up two or more direct debits and made a minimum of 10 transactions (this can be by card or digitally). You’ll also need to register for online banking or the provider’s app and use the card in a digital wallet such as Apple Pay or Google Pay.
Those who qualify should receive the bonus within seven days, and, from the day after, can earn a further £25 for each month (up to three months) they continue to meet these criteria.
Keep in mind, however, that you won’t be eligible if you previously benefited from any previous switch incentive with the provider since 1 November 2022.