Scam letter claiming to be from the Co-op Bank

Theleak250

The font size and email address would ring alarm bells!

mr_accountant

I'm with the co-op or should that be Co-op and the biggest scam giveaway is the rates offered on the letter as their rates are awful all day everyday 😁

However it's quite a good quality scam letter having said that it may suprise some but coop have moved into the modern world they even allow me an app to do all my banking and I can't remember the last time they sent me a letter except for a replacement card, it's very rare. 

They did once call me from their branch out of the blue a few years ago i missed the call and called the number back and they said they were from the nearby branch, obviously I was a cautious but the women sounded local, I asked what it was for she said they would like me to come in and talk to them about opening a savings account I laughed and said your rates are rubbish and I can see them online and we agreed I won't be going to the branch! From memory I had about 5k in there so their systems obviously got excited, however ive moved significant amounts via them in the past few years and never heard a word since

flaneurs_lobster

mr_accountant said:

I'm with the co-op or should that be Co-op and the biggest scam giveaway is the rates offered on the letter as their rates are awful all day everyday 😁

7% £250/mth regular saver isn't too shabby.

Stuart_W

mr_accountant said:

I'm with the co-op or should that be Co-op and the biggest scam giveaway is the rates offered on the letter as their rates are awful all day everyday 😁

However it's quite a good quality scam letter having said that it may suprise some but coop have moved into the modern world they even allow me an app to do all my banking and I can't remember the last time they sent me a letter except for a replacement card, it's very rare. 

They did once call me from their branch out of the blue a few years ago i missed the call and called the number back and they said they were from the nearby branch, obviously I was a cautious but the women sounded local, I asked what it was for she said they would like me to come in and talk to them about opening a savings account I laughed and said your rates are rubbish and I can see them online and we agreed I won't be going to the branch! From memory I had about 5k in there so their systems obviously got excited, however ive moved significant amounts via them in the past few years and never heard a word since

You're lucky then! I went full online with Co-op in 1999 when they first offered it, along with joining Smile too, and they are seemingly stuck on using paper. It is much better, but the 7% savers seem to insist on written letters to confirm application, confirm open, and then confirm transfer into a standard savings account. The annual credit card statements have only very recently finally gone online (even Smile, the "internet" bank sent one of these bits of paper out every year until last year), and I am sure I've had other letters too. Hopefully Coventry BS are finally sorting out the tails ends of getting rid of paper for those that don't want it!!