Celebrate cahoot’s 25th birthday with a chance to win up to £25,000

cahoot offers customers the chance to win big in the new year.

Savers with selected cahoot accounts have the chance to win up to £25,000 after the provider launched its prize draw to celebrate its 25^th birthday.

And with the expensive Christmas – and new year – period making a dent in savers’ wallets, a prize draw may present a chance to those feeling the pinch to win some fuss-free money.

What are the prizes and how do I qualify?

One big prize of £25,000 is up for grabs, as are five lots of £2,500, and 50 smaller £250 jackpots.

If you’re a UK resident over the age of 18, you will be automatically entered into the prize draw if you hold a minimum combined balance of £2,500 across qualifying cahoot accounts on 30 November and/or 31 December 2025. It should be noted that Fixed Rate Bonds aren’t eligible.

The prize draw ends on 31 December 2025, with the results revealed in January 2026. For each month you qualify, you’ll receive one entry – so there’s a total of two chances to win.

Prizes will be paid directly into winners’ cahoot accounts and they will be contacted by phone or email.

The full terms and conditions can be found on cahoot’s website.

Which accounts qualify?

The accounts that qualify for this offer include cahoot’s cahoot Simple Saver (Issue 13), offering a highly competitive flat rate of 4.40% AER, and its cahoot Sunny Day Saver (Issue 5) paying a higher 5.00% AER. Both accounts can be opened with minimum deposits of £1, however, savers should bear in mind that the cahoot Sunny Day Saver (Issue 5) doesn’t pay interest on balances above £3,000, and after 12 months it reverts into a cahoot Savings Account.

Savers should carefully consider whether these accounts are right for them as they could risk missing out on interest for the chance to win a cash prize further down the line.