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Co-op 'up to' £5,000 prize draw
Qualify by having one monthly Direct debit paid out...
ETA:
... and possibly win that amount
Comments
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Worth noting that whilst the headline figure is £5000, you will only win up to the value of the relevant bills you pay out from the Co-op Bank account in the winning month (with £5000 being the maximum payout).
From the promotion's T&Cs:
5.1 Unless otherwise stated, each monthly Prize Draw will include:
(a) Up to ten (10) winners to be selected (the “Winners” and each known as
a “Winner”); and
(b) each winner will receive reimbursement of eligible household bill Direct
Debit payments made from their eligible account during the relevant
qualifying month, up to a maximum value of £5,000 (the “Prize”)
Whilst not stated in the T&Cs document, the web page states that "rent payments (including standing orders)" effectively count as DDs for the purpose of this promotion. Presumably any such standing order for rent payments would need to be fairly obvious.
Also worth noting that telecom bills are not part of this promotion (so broadband, mobile and pay TV don't count).5 -
Wowee, cant be many people paying 5k per month on bills, even including rent?
Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.phpFor free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.0 -
Yes 'Wowee' exactly, I agree, the thread title is very misleading.
My best hope is £46 per month paid for water & sewerage.😢😢
0 -
Yes it's a rubbish prize draw to attract new business, but not terrible for those who pay all of their DDs through Co-op.
Edited OP
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No complaint from me, a little (potential) extra (even at low probability) with no extra effort required after just switching in, so DD already in place (real energy DD not the 50p kind)
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