Co-operative Bank reward received

Dan83

I've not checked mine yet, I tend to only log in once a month, I'm sure it has gone in tho.

I also use 4 direct debits to 4 separate accounts.

The good thing about the co-op is, the £4 gets paid straight into your account. I had to click on a button last month to claim my Barclays bonus. Do you have to do that every month or just the 1st month?

SnowTiger

Dan83 wrote: »

The good thing about the co-op is, the £4 gets paid straight into your account. I had to click on a button last month to claim my Barclays bonus. Do you have to do that every month or just the 1st month?

Every month.

You could let it build up over several months, but that wouldn't be very MSE when you could get 3%+ interest on the money elsewhere.

derrick

I have just registered for this and re the reward payment have been told it is paid out 1 month in arrears.
i.e. if I satisfy the requirements in April, the reward will be paid on the last working day in May. Is this the way it works?


.

Rich2808

Dan83 wrote: »

I've not checked mine yet, I tend to only log in once a month, I'm sure it has gone in tho.

I also use 4 direct debits to 4 separate accounts.

The good thing about the co-op is, the £4 gets paid straight into your account. I had to click on a button last month to claim my Barclays bonus. Do you have to do that every month or just the 1st month?

Have people been paid the bonus with DDs from the same Tesco savings account - two say to the same internet saver and two to the same instant access account each month. The requirements say four direct debits must be paid - not four direct debits to four different sources?

Would be useful to know!

System

Seems like a lot of hoop jumping with 4 Direct Debits.

My cashminder (Ryanair Electron era) managed to get a flag when a statement wasn't delivered and when I went in the branch they said I didn't live at my house and some random lady said I was a fraudster using 'her' address.

SnowTiger wrote: »

Another £4 received today (dated yesterday), plus 80p cashback for debit card transactions.

Something for nothing.

derrick

Rich2808 wrote: »

Have people been paid the bonus with DDs from the same Tesco savings account - two say to the same internet saver and two to the same instant access account each month. The requirements say four direct debits must be paid - not four direct debits to four different sources?

Would be useful to know!

Some seem to have, see posts #3,4,5,9,13,18,30.


.

Rich2808

derrick wrote: »

I have just registered for this and re the reward payment have been told it is paid out 1 month in arrears.
i.e. if I satisfy the requirements in April, the reward will be paid on the last working day in May. Is this the way it works?


.

You could still qualify in March - bonus paid next month - if you pay out 4 DDs and pay in £800 between by 31 March and login to internet banking. Seems the rewards are being paid mid month - rather than the end of the month in arrears.

ceredigion

None for me this month, apparently I failed to

Remain opted in to paperless statements

Well I got it last month and most defiantly not manually turned off paperless. But my account is now set visa versa .

derrick

Rich2808 wrote: »

You could still qualify in March - bonus paid next month - if you pay out 4 DDs and pay in £800 between by 31 March and login to internet banking. Seems the rewards are being paid mid month - rather than the end of the month in arrears.

Can't pay the DD's in time, only set them up today and started them from 10th April, just called Tesco bank, (to where DD's are going to), to see if I could alter the dates, but they need 10 working days from original set up, so with Easter coming up 10 working days takes it to 01st April.


.

where_are_we

I received the co-op reward confirmation email on the 18th.