How much is the Co-op Bank switch bonus?

Co-op Bank is currently offering a £200 bonus when you switch your current account using the Current Account Switch Service (CASS).

What are the requirements for the Co-op Bank switch bonus?

You need to complete a full CASS switch to Co-op Bank, which typically requires setting up direct debits and making an initial deposit. Check the requirements section on this page for full details.

How long does it take to get the Co-op Bank switch bonus?

The switch itself takes 7 working days via CASS. The bonus is typically paid within 2-5 weeks after the switch completes, depending on Co-op Bank's processing times.

Does Co-op Bank have a monthly fee?

No, the Co-op Bank account has no monthly fee, so you keep the full £200 bonus.

Can I switch to Co-op Bank if I've had an account before?

Most banks require you to be a new customer or not have held an account within a certain period. Co-op Bank typically has a cooling-off period of 12 months. Check the specific eligibility rules on this page.

What is the Co-op Bank switch bonus?

Co-op Bank pays a £200 bonus for switching your current account. Last verified 1 Oct 2026.

What are the Co-op Bank switch offer requirements?

Deposit £1,000 in the first 30 days of completing the switch. Have two active direct debits within 30 days of completing the switch. Extra bonus £75.

How long does the Co-op Bank switch bonus take to pay?

Based on tracked switches, the Co-op Bank bonus typically lands about 7 days after the switch completes.

Banks / Co-op Bank

Co-op Bank

Part of Co-operative Bank

£200

Switch bonus51% recommendBonus: ~7 days

The Co-op Bank current account switch bonus is £200. Last verified 1 Oct 2026 — offers are checked daily. £200 matches or beats 100% of the 6 Co-op Bank offers we've tracked — historically an excellent time to switch.

Banks / Co-op Bank

Co-op Bank

Part of Co-operative Bank

£200

Switch bonus51% recommendBonus: ~7 days

Quick Facts

Bonus

£200

Offer type

Bank switch

Cooling-off

12 months

Banking group

Co-operative Bank

Requirements

Deposit £1,000 in the first 30 days of completing the switch
Have two active direct debits within 30 days of completing the switch
Extra bonus £75

Switching to Co-op Bank? Get an email on every date that matters

Direct Debits, the requirements deadline, when the bonus is due, when it is safe to cancel, and when you can switch again. No account needed.

Switching toStarting on

Co-op Bank pays £200 — but what would ALL the banks pay you?

Two questions, no signup: your personalised 12-month plan from every live offer.

Who do you already bank with?

Cash you could move around (savings, premium bonds, old accounts)

£2,191 this year

£1,875 switch bonuses + £202 saver interest + £114 easy-access interest

Switch to HSBC Premierstart now · £100k+ income£500
Switch to NatWest Premierfrom Dec · £100k+ income£500
Switch to Barclaysfrom Feb£300
Switch to Lloydsfrom Apr£200
Switch to Co-op Bankfrom Jun£200

This plan needs 3 active Direct Debits

Lloyds asks for the most, at 3. The same Direct Debits move with you to each account, so 3 live at once covers the whole year — and HSBC Premier and NatWest Premier need none at all.

Track this plan — free

Deadline reminders included. Or just browse the offers.

Want it checked against each bank's rules, with every date? Get a dated Switch Plan — £4.99

Regular Saver

Rate

Max monthly

£250

Term

12 months

Est. interest

~£114

Compare all regular savers

Bonus	Type	Started	Ended	Duration
£200	switch	2 Sept 2026	Current	Ongoing
£75	switch	18 Mar 2026	2 Sept 2026	169 days

Trend Analysis

Historical average

£104

Trend

Increasing

Offers tracked

Community Reports

1 report so far (need 2 more for success rate)

Confirmed (0)Failed (1)Pending (0)

Confirmed

Pending

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Co-op Bank

Co-op Bank

Quick Facts

Requirements

Perks

Co-op Bank pays £200 — but what would ALL the banks pay you?

Banking Group — Co-operative Bank

Regular Saver

Offer History

Trend Analysis

Community Reports

Compare Co-op Bank