Up to £150 Co-op Bank switch offer (Sept 2024)

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The Co-operative Bank has brought back its switching deal. You no longer need to be referred, though as ever with Co-Op switch deals, there are a few extra hoops to jump through to get the full £150. Here's what you need to know.

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W A T C H N E X T

Regular savings accounts explained: Are they worth it?

#Bankaccounts #currentaccounts #bankswitching

TIME STAMPS

00:00 New Co-Op bank switch offer!
00:32 How much is on offer with this switch?
01:10 This switch is split in to two parts
01:45 Part 1 of the switch explained
02:50 Important requirement if it's a new account!
03:50 Things you need to do when the switch is completed
06:35 How long before you get the first £75
07:06 How to get the second £75 - extra requirements
09:15 One final important restriction

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(You'll also get a free Quidco bonus for signing up)

A B O U T A N D Y

DISCLAIMER
Content in these videos does not constitute regulated financial advice. Any offers mentioned were correct at the time of filming.
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Just switching now and it's saying the earliest they can switch me is 4 weeks from now! I've done dozens of these now and it's almost always just a week?!

rstudios
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The Co-Op Everyday Extra is £15 per month, not £13. As someone over 65 it's ideal for a couple as the travel insurance covers up to 80 years old, most limit to 75. Also good value for a couple, as it works out as £90 each, which is typically cheaper than a standalone annual multi-trip policy. This makes the RAC and mobile phone cover for free.

gbear
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Be aware that I’ve applied and it’s taken days to be accepted!

matissemoretti
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Hello Andy. Is there a minimum amount for the Direct Debit? I want to use Tiny Direct Debits as one of my DD and they only payout £1

david_olubodun
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Hello Natwest has launched £180 switch offer

User
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so, just to clarify and confirm, just for switching the account I'd get £75? I don't need to have DDs in place or transfer £1000, use Debit Card etc etc? If so, that's a no brainer!

notacluebbq
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I'm having a nightmare getting the first £75 which should have been credited 2 weeks ago but wasn't. I've never known such inept and hopeless staff at any bank in my whole life. They are completely incapable of giving any sensible or meaningful reply.

mikecorrigan
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This direct debit clause is a complete pain

greigjduncan
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Hello thank you, cor content.
You've helped me successfully complete three switch qnd saves.
I have a question
Is it detrimental to have too many open accounts like im with 4 different banks now. Would it be prudent to close the newly opened accounts that I'm not using?
Not a credit score issue, just in terms of having too many open accounts with too many banks

Slugworth