Co-operative Bank current account - Everyday Rewards
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Co-operative Bank current account - Everyday Rewards

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Posted 20th MayEdited by:"InteriorMoney"
This is my second post please check my first post for the other current account if you in Ireland, these are replacement to Santander Current Accounts

hotukdeals.com/dea…217

This is a scheme you can opt into at no extra cost, which rewards you for Everyday Banking each month.

We are making some changes to Everyday Rewards from 1st August 2020. You'll be able to be rewarded up to £5 each month (£2 for qualifying plus an additional 5p for each debit card transaction, up to a maximum of £3). Please read our Everyday Rewards benefits and summary of changes 1st August 2020 document on our Everyday Rewards page.



Be rewarded up to £5.50 a month
  • £4 for each month if you qualify.
  • Up to a maximum of £1.50 extra for debit card spending each month you qualify. If you meet the criteria below, you’ll be rewarded an extra 5p every time you use your debit card to pay for things.
  • No extra cost for opting in to Everyday Rewards.



To qualify you need to do the following in a calendar month
  • Pay in a minimum of £800 to the nominated account.
    • Transfers from other Co‑operative Bank, Britannia and smile accounts do not count.
  • Stay in credit, or within your arranged overdraft limit on the nominated account.
  • Log in to Online Banking or the Mobile Banking app at least once during the month.
  • Remain opted in for Paperless Statements on your nominated account.
  • Pay out at least four Direct Debits from your nominated account.
  • If you do not meet all of the qualifying criteria above in any month — for example, if you pay less than £800 into your nominated account in July — you won't earn Rewards for that month.
  • You can only earn Everyday Rewards on one account at a time.




How to opt in to Everyday Rewards


When you apply for your current account you will be able to opt into Everyday Rewards, during the application process.
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4 Comments
looks better then Halifax there reward account has changed again recently its not worth having anymore..
4 direct debits though, that's quite a few?!
Skybles20/05/2020 10:49

4 direct debits though, that's quite a few?!


At a minimum: Council tax, gas/electric, water should be paid by DD (3 or 4 depending how you do your gas & electric)
Also include if you have them: mobile phone, landline/broadband, TV package, gym membership, loans, credit card repayments, any Paypal purchase paid by bank account would count as well.
ToxicNeo20/05/2020 12:38

At a minimum: Council tax, gas/electric, water should be paid by DD (3 or …At a minimum: Council tax, gas/electric, water should be paid by DD (3 or 4 depending how you do your gas & electric)Also include if you have them: mobile phone, landline/broadband, TV package, gym membership, loans, credit card repayments, any Paypal purchase paid by bank account would count as well.


Council tax, gas, electricity, water, broadband and TV paid by landlord!
Gym complete waste of money, never had a loan or credit card in my life.
I only have my contract phone on DD and a very rare PayPal purchase here and there.
I guess it's just not for me
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