Co-operative Bank follows Nationwide and First Direct with £150 news
manchestereveningnews.co.ukA new offer of up to £150 to switch current account has been launched as competition between banks to tempt customers with cash incentives heats up.
The “switch and stay” offer will mean people receive £75 when they complete a switch to the Co-operative Bank and £25 per month for three months afterwards.
John Ward, director of products at the bank, said: “This offer allows eligible new and existing customers to benefit from up to £150 for switching and staying with the Co-operative Bank as their main current account provider.” To qualify, people must apply for a Standard Current Account or an Everyday Extra account as well as meeting other criteria.
Smile Current Accounts, Student Accounts and Cashminder Accounts are not eligible. Existing Standard Current Account, Everyday Extra, Current Account Plus, Privilege and Privilege Premier customers must request a full switch into their existing account to qualify.
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