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COOP switch £105 - ends 10 April 2016

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124

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  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    fuzzgun19 wrote: »
    The switching phone call was a painful 33 minutes!
    Strikes me as a damn good hourly rate if they pay the £105.
  • badger09
    badger09 Posts: 11,575 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    colsten wrote: »
    Strikes me as a damn good hourly rate if they pay the £105.

    The operative word being if:p
  • fuzzgun19
    fuzzgun19 Posts: 7,767 Forumite
    Part of the Furniture 1,000 Posts
    Rich2808 wrote: »
    Yes - good offer.

    But as always read the terms. You must switch in active direct debits - no number is stated - and pay in at least £800 a month for three months. So you will have to wait for some time to get the cashback.


    http://www.topcashback.co.uk/the-co-operative-bank-current-accounts/
    Does anyone have the 'old' t&c's of this offer please?

    Can the £800 be put in and then out?
    Does the switch have to happen within a certain time?

    Co-op have messed up my switch by putting the old account sort code wrong, so am having to do it again.
    I Hate Jobsworths!!!
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    I havent but what offer did you do the switch under? When I did it the money £800 had to be paid in within 30 days of the switch completing, thus starting when it was switched and not when you initiated the switch.

    What does it say under the quidco/TCB T&C's?
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • fuzzgun19
    fuzzgun19 Posts: 7,767 Forumite
    Part of the Furniture 1,000 Posts
    I applied for the account on 10th Apr. ans as co-op c0cked the switch up, they have initiated another switch today, I think they said to complete on 12th May.

    I don't have the 'old' TCB t&c's, but looking at the current ones I can't see anything about leaving in the £800's, nor any timescale the switch has to be completed in.
    I Hate Jobsworths!!!
  • Yorkshire_Pud
    Yorkshire_Pud Posts: 1,965 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You never have to leave a positive balance in a current account, its your money!

    With Co op they stipulate £800 paid in per month for the first three months and I believe the Switch should be within 30 days of account opening according to the TCB terms.

    I paid in and withdrew £800 on the same day. Its my money:)
  • alternate
    alternate Posts: 715 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    "Official" Coop 150 quid offer is running on their site again.
  • Ashen
    Ashen Posts: 593 Forumite
    Part of the Furniture 500 Posts Name Dropper
    I like how the £150 offer conditions for existing customers specifically exclude those actually using their account as a normal bank account.
    You will be eligible for this offer if you are an existing customer unless:

    5.1. you are an existing customer and an average of £800 or more per month has been credited to your Co‑operative Bank or smile current account between 3 February 2016 and 3 May 2016, or between your account opening and 3 May 2016 if that is a shorter period of time

    Although I suspect that largely may be to stop payout of multiple incentives via TCB etc.
  • bristolleedsfan
    bristolleedsfan Posts: 12,644 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    alternate wrote: »
    "Official" Coop 150 quid offer is running on their site again.

    + Quidco or TCB Cashback - TCB sent out a newsletter yesterday stating -

    "In addition to the cash-back offer from TopCashBack, The Co-operative Bank are also offering each customer £150 to switch"
  • alternate
    alternate Posts: 715 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    + Quidco or TCB Cashback - TCB sent out a newsletter yesterday stating -

    "In addition to the cash-back offer from TopCashBack, The Co-operative Bank are also offering each customer £150 to switch"

    You might as well try for nothing but I notice both sites have the conditions.

    "not valid in conjunction with any other offers unless they are on this page" - the p[age itself does not mention the £150

    and

    "one cashback per TCB/quidco account"

    quidco also suggests it is "new customers only".
This discussion has been closed.
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