Co-Op bank - £200 if you switch to them

System

Can you do this without really switching, or do you have to close your current, current account.

starM

Just applied - application referred - Oh well - waiting for a decision now. MS

morocha

I dont think you have to close your account, have done this with A&L, and always chose for them not to close my account, only trasferred the direct debits, this offer is even better you have toswitch at least 2 direct debits and pay in £800 for 3 months

noh

starM wrote: »

Just applied - application referred - Oh well - waiting for a decision now. MS

I wasn't aware that instant decisions were given
They say they will give a decision within 5 days by email or letter. So nothing to worry about.

I applied and received a confirmation email.

"Thank you for your application for a Current Account.
Where no extra information is required a decision will be sent to you by post or email within 5 working days."

noh

morocha wrote: »

this offer is even better you have toswitch at least 2 direct debits and pay in £800 for 3 months

and/or two standing orders which makes it even easier.

starM

noh wrote: »

I wasn't aware that instant decisions were given
They say they will give a decision within 5 days by email or letter. So nothing to worry about.

"Thank you for your application for a Current Account.
Where no extra information is required a decision will be sent to you by post or email within 5 working days."

Its an instant decision when applied over the phone and adviser did mention on £200 cashback for switching account over.

TimBear

I've just applied online. £200 would be very gratefully received!

alanq

I am suspicious of item 2 in the terms and conditions.

"2. We have the right to withdraw this incentive at any time and can do so without any prior communication."

BargainGalore

Can't see on tcb any other cashback but nhs cashback pay an additional £25, may other cashback sites might follow

edit looks like you have to do a switch

http://www.nhsdiscounts.com/Partners/C/cooperative-bank/terms-and-conditions?sc_camp=9EF7296F18514CAB96A1395568659D42






To qualify, you must open a Co-operative Bank Current Account Plus and request a full switch from another provider using our dedicated switching service before the incentive is withdrawn. If you apply online you must request a full switch from another provider within 14 days of the account opening.


To qualify you must switch a minimum of 2 Direct Debits and/or standing orders from your current bank account. You must credit a minimum of £800 per month for the first 3 months from the date of your completed switch. Any switching requests received after the incentive has been withdrawn will not qualify.

noh

BargainGalore wrote: »

Can't see on tcb any other cashback but nhs cashback pay an additional £25, may other cashback sites might follow

http://www.nhsdiscounts.com/Partners/C/cooperative-bank/terms-and-conditions?sc_camp=9EF7296F18514CAB96A1395568659D42


Am I right in thinking all I have to do is pay at least £800 for 3 months in could be bank transfer from another bank and also have 2 direct debts

"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."