Co-operative Refer a Friend Switching Offer £125 (Nov 2022)

spaniel101

spaniel101 said:

7 Nov - Applied online
10 Nov - Confirmation letter received
12 Nov - New card and Account number received
14 Nov - Switch confirmation letter received 

23 Nov - Switch will begin
1 Dec - Switch will be completed


(no request for additional ID)

1 Dec  -  Switch completed
1 Dec  -  Submitted Referral Form
2 Dec  -  £125 credit received in both accounts

26 days in Total 

spaniel101

Do we need to inform DWP/private pension provider etc of new account details for income purposes, or just it simply sort itself out  (1st time using Switch) ?

bristolleedsfan

spaniel101 said:

Do we need to inform DWP/private pension provider etc of new account details for income purposes, or just it simply sort itself out  (1st time using Switch) ?

Payments will get re-directed for 36 months, I would inform them as well ...

rgsoton

Hi.  Have the majority of people on here managed to switch without any interaction with Co-op themselves i.e.solely online as opposed to going to branch or calling co-op? Thanks.

bristolleedsfan

rgsoton said:

Hi.  Have the majority of people on here managed to switch without any interaction with Co-op themselves i.e.solely online as opposed to going to branch or calling co-op? Thanks.

Yes I managed that as I imagine the majority did as well ...

Bridlington1

rgsoton said:

Hi.  Have the majority of people on here managed to switch without any interaction with Co-op themselves i.e.solely online as opposed to going to branch or calling co-op? Thanks.

I switched to Co-op in spring and am currently in the process of switching to them again. It's been entirely online on both occasions.

grizzlegrizzle

rgsoton said:

Hi.  Have the majority of people on here managed to switch without any interaction with Co-op themselves i.e.solely online as opposed to going to branch or calling co-op? Thanks.

Yes, switched online with no other interaction required for me and a family member. 

Sensory

rgsoton said:

Hi.  Have the majority of people on here managed to switch without any interaction with Co-op themselves i.e.solely online as opposed to going to branch or calling co-op? Thanks.

Phoning (or a branch visit) is only required if you do not elect to switch during the application process.

grumbler

Sensory said:

rgsoton said:

Hi.  Have the majority of people on here managed to switch without any interaction with Co-op themselves i.e.solely online as opposed to going to branch or calling co-op? Thanks.

Phoning (or a branch visit) is only required if you do not elect to switch during the application process.

Some people were asked to send certified proofs of ID, that also makes it not 'solely online' and costs some money.

WillPS

bristolleedsfan said:

spaniel101 said:

Do we need to inform DWP/private pension provider etc of new account details for income purposes, or just it simply sort itself out  (1st time using Switch) ?

Payments will get re-directed for 36 months, I would inform them as well ...

It's indefinte so long as regular payments are being received:

https://www.moneysavingexpert.com/news/2017/01/redirection-period-for-payments-to-old-bank-accounts-to-be-extended-/