Barclaycard vs Co-op Bank: Switch Bonus Comparison
Co-op Bank offers the better net value at £200 vs £0 after fees.
- Full CASS switch required
- Request full CASS switch within 2 weeks of opening
- Complete switch within 8 weeks
- Deposit £1,000+ within 30 days
- 2 active direct debits
- For monthly bonuses: £1,000/month deposit, 2 DDs, 10+ card transactions
- Cannot have received Co-op switch incentive since 1 Nov 2022
- £100 upfront + £25/month for 3 months (£175 total)
- 7% AER Regular Saver (up to £250/month)
- Ethical banking
Verdict: Barclaycard vs Co-op Bank
Co-op Bank comes with more perks (3 vs 0), including things like £100 upfront + £25/month for 3 months (£175 total).
Frequently Asked Questions
Which has the higher switch bonus, Barclaycard or Co-op Bank?
Currently only Co-op Bank has an active switch bonus. Barclaycard does not have an active offer at this time.
Can I switch to both Barclaycard and Co-op Bank?
Yes, you can switch to both banks, but you need to do them one at a time using the Current Account Switch Service (CASS). Complete one switch, wait out the cooling-off period, then switch again to the second bank.
How long is the cooling-off period for Barclaycard and Co-op Bank?
Cooling-off period data is not currently available for these banks. Check the individual bank pages for the latest information.
Which bank is easier to switch to, Barclaycard or Co-op Bank?
Both banks use the Current Account Switch Service (CASS), which makes the process straightforward. The main differences are in specific requirements like minimum pay-in amounts, number of direct debits, and whether you need to use their app. Check the requirements comparison above for full details.