Confirmed via Co-op's own published T&Cs: requires a full CASS switch completed within 8 weeks, then within 30 days, a £1,500 deposit, 5+ debit card payments, 2+ active Direct Debits, and registering for online or mobile banking, to earn the initial £125. The remaining £75 (£25/month) requires repeating the £1,500 deposit, 5 card payments, and 2 Direct Debits each month for up to 3 months. This £200 is open to anyone switching in, whether or not you already bank with Co-op — the only restriction is not having had a Co-op Bank switch bonus since 1 November 2022. A separate £100 loyalty bonus, only for existing Co-op group customers as of 21 June 2026, ended 17 August 2026 and is not part of this ongoing offer.
£125 upfront + up to £75 more (£25/month for 3 months) = £200 total
2+ active Direct Debits, moved or set up as part of your switch.
Ongoing — no announced end date
2026-08-28 — always confirm on The Co-operative Bank's own switch offer page, as terms change.