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

Bridlington1

WLewer98 said:

My friend switched to Co-op bank last week. Could I benefit from this offer by opening an account today and referring them? Would it look weird if the Referrer's account is newer than the Recommend friend's account? TIA

It'd be safer to ask your friend to refer you if you don't already hold a Co-op account IMHO.

theonenonly

I applied for an account on Monday but haven't gotten any further notification, confirmation or paperwork yet. Is this normal

bristolleedsfan

theonenonly said:

I applied for an account on Monday but haven't gotten any further notification, confirmation or paperwork yet. Is this normal

Edit - Someone I know applied 8th February, received account details through post on 20th ...........

vernall

Do I need to wait for my switch to of completed (13/3) before I refer my partner? Or can I do it as soon as we both have our account nos and sort code? 

Thanks

AmityNeon

vernall said:

Do I need to wait for my switch to of completed (13/3) before I refer my partner? Or can I do it as soon as we both have our account nos and sort code? 

Thanks

Your account needs to be open before your partner applies. To avoid any potential problems, ensure you have your sort code and account number, and can see the account in online/mobile banking.

The actual referral process is just a case of the referred friend filling in an online form once they know their confirmed switch date (not just the prospective completion date that was chosen). Unless they're in a rush, there's no harm in waiting until the switch has actually completed before submitting the referral form.

WLewer98

Still a bit confused by the T&C's. Will the recommender receive £125 for each person they refer? Or are they limited to one incentive payment regardless of how many people they refer? Thanks

flaneurs_lobster

WLewer98 said:

Still a bit confused by the T&C's. Will the recommender receive £125 for each person they refer? Or are they limited to one incentive payment regardless of how many people they refer? Thanks

£125 per referral. I've read (MSE? Reddit?) that Co-Op Bank have written to some prolific referrers complementing them on their huge network of friends and relatives.

grizzlegrizzle

flaneurs_lobster said:

WLewer98 said:

Still a bit confused by the T&C's. Will the recommender receive £125 for each person they refer? Or are they limited to one incentive payment regardless of how many people they refer? Thanks

£125 per referral. I've read (MSE? Reddit?) that Co-Op Bank have written to some prolific referrers complementing them on their huge network of friends and relatives.

I don't think there were compliments in these emails either. Insinuations perhaps?

I can't say for sure as I didn't receive one since I don't have that many friends and the ones I do have are resistant to bank switching. 😂

adamp87

I think Lobster was sarcastically using ‘compliment’  

grizzlegrizzle

adamp87 said:

I think Lobster was sarcastically using ‘compliment’  

Yeah, I know 🤭 It was cute. I was just being a pedant about complement vs compliment. No offense meant Mr Lobster.