Co-op bank switching deal!!!! Get £200 to switch your current account
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Co-op bank switching deal!!!! Get £200 to switch your current account

961
Found 17th Oct 2011
Get £200 to switch your current account to co-operative bank. You need to pay atleast £800 a month for 3 months to get this offer...

Guess whats goin to be in Martins newletter tomorrow xsavingxpert
- redbiro

UPDATE: Now only available over the phone, or in-branch.
- ricaird

CS Tel no: 08000 284 284(Option 2) - brj080402
- brj080402
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961 Comments
will be good if they are not like sandander (They give loads of s...) in giving this
ramkmr

will be good if they are not like sandander (They give loads of s...) in … will be good if they are not like sandander (They give loads of s...) in giving this


i dont think coop are that clever lol
So you can set this up, pay in 800 a month for three months and claim £200 ? Then just tranfer it back to you normal current account £200 better off ?
This 1 may b a scorcher. Make sure u choose a fee free account though unless you want the things they offer. Eg family holiday cover. As always, read t&c's carefully. Hot from me.
Or do you have to switch all your direct debits and wage credits to this ?
All customers - to qualify you must switch a minimum of 2 Direct Debits and/or standing orders from another provider and pay in a minimum of £800 per month for the first 3 months from the date of your completed switch.
Am I eligible?
•I'm a new customer - simply open a new current account and request to switch your main account to us. If you apply online you must switch within 14 days of account opening.
•I'm an existing current account customer - complete our online switching form to request a full switch within the incentive period.
•All customers - to qualify you must switch a minimum of 2 Direct Debits and/or standing orders from another provider and pay in a minimum of £800 per month for the first 3 months from the date of your completed switch.
1.Strictly limited funds available.
2.We have the right to withdraw this incentive at any time and can do so without any prior communication.
3.New Customers must apply to open a Co-operative Bank current account, Current Account Plus, Privilege or Privilege Premier current account before the incentive is withdrawn. You must subsequently request a full switch from another provider using our dedicated switching service. If you apply online you must switch within 14 days of the account opening.
4.Existing Customers must request a full switch from another provider using our dedicated switching service before the incentive is withdrawn.
5.To qualify you must switch a minimum of 2 Direct Debits and/or standing orders from your current bank account.
6.You must credit a minimum of £800 per month for the first 3 months from the date of your completed switch.
7.Only one account per customer whether held in sole or joint names will be eligible for the £200 offer.
8.To hold a Co-operative Bank Current Account you must be 18 or over and a UK resident.
9.A credit of £200 will then be paid into your account within 4 months of the above criteria being met.
10.By providing us with your mobile phone number when you request to switch in branch, online or by phone, you are opting in to receive SMS updates on the progress of your switching request.
11.The terms and exclusions applicable to any of the account benefits are set out in the Welcome guide.
12.Policy and supplier terms and exclusions apply.
13.Credit facilities are subject to status and our lending policy.
renderman

So you can set this up, pay in 800 a month for three months and claim … So you can set this up, pay in 800 a month for three months and claim £200 ? Then just tranfer it back to you normal current account £200 better off ?



renderman

Or do you have to switch all your direct debits and wage credits to this ?


2 dd's only
Ah, so a standing order to my wife and daughter would sort that
Watch it go. Burn baby, burn.
I already have a mortgage with them, and a current account I don't use. Can I still apply? Could really do with £200 of free money!
From what I recall it tends to be Co-op vs First Direct for top customer service, and often depends on whether you want a physical branch or not.
play21er

1.Strictly limited funds available.2.We have the right to withdraw this … 1.Strictly limited funds available.2.We have the right to withdraw this incentive at any time and can do so without any prior communication. 3.New Customers must apply to open a Co-operative Bank current account, Current Account Plus, Privilege or Privilege Premier current account before the incentive is withdrawn. You must subsequently request a full switch from another provider using our dedicated switching service. If you apply online you must switch within 14 days of the account opening.4.Existing Customers must request a full switch from another provider using our dedicated switching service before the incentive is withdrawn.5.To qualify you must switch a minimum of 2 Direct Debits and/or standing orders from your current bank account.6.You must credit a minimum of £800 per month for the first 3 months from the date of your completed switch.7.Only one account per customer whether held in sole or joint names will be eligible for the £200 offer.8.To hold a Co-operative Bank Current Account you must be 18 or over and a UK resident.9.A credit of £200 will then be paid into your account within 4 months of the above criteria being met.10.By providing us with your mobile phone number when you request to switch in branch, online or by phone, you are opting in to receive SMS updates on the progress of your switching request.11.The terms and exclusions applicable to any of the account benefits are set out in the Welcome guide.12.Policy and supplier terms and exclusions apply.13.Credit facilities are subject to status and our lending policy.





mm number 2

don't like the sound of that condition.
Clever though, getting new customer for no more than a days wages. (assuming 52k salary)


Switch to us
You must request a full switch by completing the online switching form within 14 days of your account being opened. Our dedicated switching team will transfer all of your Direct Debits / standing orders from your old bank to your Co-operative Bank current account


Edited by: "Smaybelline" 17th Oct 2011
Why would you need to put your wages in it ?
hot from me
psd99

[quote=play21er] 1.Strictly limited funds available.2.We have the right … [quote=play21er] 1.Strictly limited funds available.2.We have the right to withdraw this incentive at any time and can do so without any prior communication. 3.New Customers must apply to open a Co-operative Bank current account, Current Account Plus, Privilege or Privilege Premier current account before the incentive is withdrawn. You must subsequently request a full switch from another provider using our dedicated switching service. If you apply online you must switch within 14 days of the account opening.4.Existing Customers must request a full switch from another provider using our dedicated switching service before the incentive is withdrawn.5.To qualify you must switch a minimum of 2 Direct Debits and/or standing orders from your current bank account.6.You must credit a minimum of £800 per month for the first 3 months from the date of your completed switch.7.Only one account per customer whether held in sole or joint names will be eligible for the £200 offer.8.To hold a Co-operative Bank Current Account you must be 18 or over and a UK resident.9.A credit of £200 will then be paid into your account within 4 months of the above criteria being met.10.By providing us with your mobile phone number when you request to switch in branch, online or by phone, you are opting in to receive SMS updates on the progress of your switching request.11.The terms and exclusions applicable to any of the account benefits are set out in the Welcome guide.12.Policy and supplier terms and exclusions apply.13.Credit facilities are subject to status and our lending policy.





mm number 2

don't like the sound of that condition.
Think that is put there in case of oversubscription. They surely must honour those that have already set the ball rolling. Its the offer they will pull to new enquiries, not the rug from underneath those who have been accepted.
^^^ yep probably not worth the hassle imo
learn to invest money instead
I have a business account with the co-op, first class service
Wiliamshakesbeer

mm number 2 don't like the sound of that condition. Think that is put … mm number 2 don't like the sound of that condition. Think that is put there in case of oversubscription. They surely must honour those that have already set the ball rolling. Its the offer they will pull to new enquiries, not the rug from underneath those who have been accepted.



I wouldn't bet on that......
oO
seefman

I wouldn't bet on that......oO


Seefman! How dare you call into question the word of our good and honorable bankers! To question their integrity.... the very nerve!
too much effort for £200 if you ask me !
Been with the Co-Op Banking Group for years and they are fantastic.
hmmmm far too much effort and risk for £200 I think. Better off staying with current bank.
:|:D
madcal87

too much effort for £200 if you ask me !



+1
Ready to pull the trigger, however, do they do faster payments?

My better half is unemployed at the moment and doesn't have the £800 a month they ask for, but as she pays all the bills in the house, I transfer over that amount to her anyway, so I reckon we can both switch using the same money that i have coming in.

Bingo methinks.
Edited by: "martinelsen" 17th Oct 2011
Have had zero issues with Co-op (even allowed me to shore up an account that's gone over by accident as long as it was done the same day). Been with them 6 years and am very happy, more than can be said for the many who are now under Santander's dictatorship. Plus Co-op don't answer to shareholders as such.
will they honour my overdraft with my current bank?
cocoiffy

+1


no real effort at all as the transferral of all of your DDs etc are done by them.

You just fill in the paperwork when it comes through, inform your work of new bank details etc and thats it.

Done this before and its simple.
Too much effort to fill out for £200???
It takes 10 minutes to fill in the form and the Co-op will do all the rest, same as any switching account service.
Extremely hot from me!
£200 for the hassle - maybe worth it but hassle nonetheless.
CyBerman

From what I recall it tends to be Co-op vs First Direct for top customer … From what I recall it tends to be Co-op vs First Direct for top customer service, and often depends on whether you want a physical branch or not.


The Co-operative Bank has merged with Britannia Building Society so there are 250 more branches now.

I've been with the Co-op for years after I got messed around by Barclays. I'm glad I moved and it was very easy.
Edited by: "bobcsg" 17th Oct 2011
philiptcourt

will they honour my overdraft with my current bank?



It depends on your credit rating and how much the overdraft is, but there's only one way to find out
HOT. But their on-line banking is crap compared to competitors. You can't even cancel paper statements! (well you couldn't a few months ago, when my mate was with them.)
Edited by: "markwigg" 17th Oct 2011
Switching doesn't mean that one needs to close their original account right?
lookatmywad

£200 for the hassle - maybe worth it but hassle nonetheless.


£200 for 5 minutes in front of a computer is too much hassle for you?
dybydx

Switching doesn't mean that one needs to close their original account … Switching doesn't mean that one needs to close their original account right?


Correct. You can switch everything back to your original account in four months if you want.
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