Co-op bank £100 for you & £25 to charity - switch - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HotUKDeals, you accept our cookie and privacy policy.
Get the HotUKDeals app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit
331Expired

Co-op bank £100 for you & £25 to charity - switch

£0.00 @ co-operative bank
Available online and I'm assuming in branch as well. Switch accounts to co-op and they pay you £100 and £25 to charity. You're in pocket and your charity benefits too! You need to credit you…
su11el Avatar
2y, 8m agoFound 2 years, 8 months ago
Available online and I'm assuming in branch as well.

Switch accounts to co-op and they pay you £100 and £25 to charity.

You're in pocket and your charity benefits too!

You need to credit your current account with at least £800 within 31 days of your switch date. This could be a regular payment into your account, like a salary or pension.
Deal Tags:
More From co-operative bank:
×
Get the Hottest Deals Daily
Stay informed. Once a day, we'll send you the deals our members voted as the best.
Failed
su11el Avatar
2y, 8m agoFound 2 years, 8 months ago
Options

All Comments

(43) Jump to unreadPost a comment
Comments/page:
Page:
#1
I have just switched from Smile Bank ( Co-op) to M & S Bank, which was the easiest thing I have done with very polite Customer Service and a £100.00 of M & S voucher as well.
#2
Useful to let people know, but they have done this for a reasonably long time, so not a new deal really.

Need to change banks myself as my local current account branch is closing. I did look at these but what with all the bad press about the company and general low confidence I think I'll give them a miss.

Not voting either way.
1 Like #3
joetipper
Useful to let people know, but they have done this for a reasonably long time, so not a new deal really.

Need to change banks myself as my local current account branch is closing. I did look at these but what with all the bad press about the company and general low confidence I think I'll give them a miss.

Not voting either way.

no bank has good press though really, RBS group having the most "hiccups" as of late

Edited By: ando on Jul 26, 2014 15:54
banned#4
would you have to deposit 800 each month as a requirement or just the first month?
#5
my understanding is just the first, and balance coming from your old current account doesn't count towards this. I started the transfer a week ago.
#6
hachim_mastour_7
would you have to deposit 800 each month as a requirement or just the first month?

It's not very clear - unusual for banks! On the product page for the Current Account Plus it states that you "Must be a UK resident, aged over 18 and pay in at least £800 per month. Subject to status".
They do say that the £100 payment is when you switch your "main current account" to them, which does generally mean that regular payments such as salary are expected to be able to qualify for the promotion.
1 Like #7
need to pay in £800 for 3 months then they pay you the £100, I did this with no probs-just reminded me though I haven't been asked where my charity donation is going though-must ring them Monday
[helper]#8
debis72
need to pay in £800 for 3 months then they pay you the £100, I did this with no probs-just reminded me though I haven't been asked where my charity donation is going though-must ring them Monday

Can the £800 payment be anything e.g. you dont need to setup to pay your salary and can just transfer in £800 and then transfer £800 back out. thanks
2 Likes #9
joetipper
Useful to let people know, but they have done this for a reasonably long time, so not a new deal really.

Need to change banks myself as my local current account branch is closing. I did look at these but what with all the bad press about the company and general low confidence I think I'll give them a miss.

Not voting either way.


All the bad press??? RBS - fined millions for corruption Barclays - fined millions for corruption - HSBC fined millions for money laundering, Coop press is positively wonderful in comparison!
#10
joetipper
Useful to let people know, but they have done this for a reasonably long time, so not a new deal really.


Nonsense, they haven't had this offer in ages.
1 Like #11
Chanchi32
debis72
need to pay in £800 for 3 months then they pay you the £100, I did this with no probs-just reminded me though I haven't been asked where my charity donation is going though-must ring them Monday

Can the £800 payment be anything e.g. you dont need to setup to pay your salary and can just transfer in £800 and then transfer £800 back out. thanks

£800 from anywhere, beware transferring out as a single transaction.

Charity donation is through a universal link.
1 Like #12
Coop have had to just sell off all their pharmacies for 660 million to help bolster their bank and they still need to raise another billion, so they cannot sell you aspirins anymore if they go under.
#13
Errrr - I started looking at changing banks about 8 months ago and this was the standard offer. Check MSE on a regular basis and they tell you about all the deals and generally what is changing. This has been around for a long time.

As for the bad press, it was the government lack of confidence finding the board all incompetent that worried me, and being in debt so much that they've having to asset strip the whole company, starting with the pharmacy business that went the other week. It's all in the news people.
#14
I've used co-op bank all my life and had no problems. I've got a current account with them that all my money goes into and a fixed accounts with them for savings.
Always helpful in the branch and I personally wouldn't change my bank from them.
#15
Joetipper is right, this offer has been running for quite a while.
#16
I can't make use of this one... I used the £200 switching a couple years ago. #firstWorldProblems >.<
1 Like #17
anthony712
Coop have had to just sell off all their pharmacies for 660 million to help bolster their bank and they still need to raise another billion, so they cannot sell you aspirins anymore if they go under.

£620m. And the Bank is only 20% owned by The Co-operative Group so if the Group does go under, it has no bearing on the Bank.
#18
nice
#19
debis72
need to pay in £800 for 3 months then they pay you the £100, I did this with no probs-just reminded me though I haven't been asked where my charity donation is going though-must ring them Monday

You need to pay in 800 in the first 31 days and it can stay there for minutes. It can't include a balance transferred as part of the switch.The bonus is paid in 45 days and you don't have to continue to fund. Just make sure u have 2 so or dd and they can be for anything, even 1p going to a savings acc!

Once you have the money, switch it to Halifax for their 100. Then to first direct for another and then to m&s for the vouchers.

Easy money.


Edited By: platterfish on Jul 26, 2014 23:55: Add to
banned#20
thanks to all the guys/ladies who answered my query, will probly give it a go.
#21
Was with the coop for 20 years first 15 where fine but the last 5 they became far too concerned with non banking issues and the quality of their service dropped to such a degree I moved away from them three years ago.
banned 1 Like #22
errrr2
joetipper
Useful to let people know, but they have done this for a reasonably long time, so not a new deal really.


Nonsense, they haven't had this offer in ages.


Wrong.

This has been available for a long time. It's pretty standard.

Note to all though that changing bank accounts that have been longstanding can affect your credit rating, this is particularly the case if your account you wish to switch from (close) has or had at one time a utilised overdraft facility.
#23
lolyehright
errrr2
joetipper
Useful to let people know, but they have done this for a reasonably long time, so not a new deal really.

Nonsense, they haven't had this offer in ages.

Wrong.

This has been available for a long time. It's pretty standard.

Note to all though that changing bank accounts that have been longstanding can affect your credit rating, this is particularly the case if your account you wish to switch from (close) has or had at one time a utilised overdraft facility.
How do you know this? :)
#24
Great if you have a "spare" bank account to switch but I wouldn't use them as my main account. Their online banking offering looks like it was written by a schoolkid 15 years ago.

I made the mistake of switching my business banking to them for the free 18 months banking but have now just switched it back to HSBC's paid for service as Co-operative was so bad. An "immediate" payment sent Friday evening doesn't get sent until Monday, presumably because as they are an ethical bank they give all their computers the weekend off.
#25
You can get £125 from First Direct also. Do this from the MSE website before the end of the month. You need £1000 a month though but customer service is superb!
#26
if their bank is anything like their energy supply stay well clear
#27
Scapa
You can get £125 from First Direct also. Do this from the MSE website before the end of the month. You need £1000 a month though but customer service is superb!


you don't need to pay in £1000 if you just set up a savings account with them as well. open it and stick a penny in there and no monthly fee or payment needed ;)
#28
My £100 joining bonus was credited in May, a month after I opened the account.
The great thing about these deals is that you needn't feel the slightest twinge of guilt about taking money from wankerish banks.
1 Like #29
ekblue
Was with the coop for 20 years first 15 where fine but the last 5 they became far too concerned with non banking issues and the quality of their service dropped to such a degree I moved away from them three years ago.
same here

their online site is truly dire
#30
I love the fact that you phone them and a human answers with "Hello, how can I help?". That is very rare and I'd happily pay to have a service like that.
Been with them for 3 year now and they are great.
Hot
#31
Hot. Do the co-op have an app to manage money?
#32
fishmaster
Hot. Do the co-op have an app to manage money?
Yes the app is not bad. Their internet banking website however is dreadful.
#33
I took advantage of the switching offer a few years back and subsequently closed the account. As this was before Feb 2014, am I eligible for this offer?
#34
Thank you - I will give this a go :)
#35
robot1000
I took advantage of the switching offer a few years back and subsequently closed the account. As this was before Feb 2014, am I eligible for this offer?
yes
#36
It says I need to switch two direct debits, could I do this by setting up two different direct debits to my main current account that I wouldn't switch or would I need to set up two with two accounts that is not in my name.
#37
rowan131
It says I need to switch two direct debits, could I do this by setting up two different direct debits to my main current account that I wouldn't switch or would I need to set up two with two accounts that is not in my name.
Just set up two standing orders for £1 and transfer those.
#38
flyingflea
rowan131
It says I need to switch two direct debits, could I do this by setting up two different direct debits to my main current account that I wouldn't switch or would I need to set up two with two accounts that is not in my name.
Just set up two standing orders for £1 and transfer those.
My current account application was declined because of information on credit experian but I have never had any loans, credit cards, debts etc so don't know what there talking about. Can I just reapply?

Edited By: rowan131 on Aug 13, 2014 10:04
#39
rowan131
flyingflea
rowan131
It says I need to switch two direct debits, could I do this by setting up two different direct debits to my main current account that I wouldn't switch or would I need to set up two with two accounts that is not in my name.
Just set up two standing orders for £1 and transfer those.
My current account application was declined because of information on credit experian but I have never had any loans, credit cards, debts etc so don't know what there talking about. Can I just reapply?
You could reapply but the chances of them suddenly changing their minds are slim to none. The fact that you don't have any credit agreements set up is a bad thing as it shows you don't have a history of managing credit. Might be an idea to check you're on the electoral roll or that you met Co-op's criteria.
#40
flyingflea
rowan131
It says I need to switch two direct debits, could I do this by setting up two different direct debits to my main current account that I wouldn't switch or would I need to set up two with two accounts that is not in my name.
Just set up two standing orders for £1 and transfer those.

Do you need to set these up on the 'old' account before the switch, or just set them up on the 'new' Co-op account once it's switched over?

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Looking for Twitter login?
Top of Page
Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!