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Co-Op Bank £125 Refer a Friend Guide

153 replies

TangerineFields · 09/02/2023 19:35

Co-Op Bank are currently doing an offer where if someone with an existing Co-Op Bank account refers you, and then you switch a bank account to them, you get £125 cashback (https://www.co-operativebank.co.uk/products/bank-accounts/refer-a-friend/). This is essentially free money for simply filling in a couple of forms!

I've seen a few posts bouncing around about the offer, but there seems to be some confusion about how you actually go about doing it, with people asking for referral links and codes. However this is not the case! No referral link or codes are required. You just need to know the details of someone with a Co-Op bank account and follow the steps below;

  1. Switch a bank account to Co-Op bank. If you don't want to switch your main bank account to them it's no issue; Instead you can set up a dummy account elsewhere (I'd recommend Starling as you can set up an account with them relatively quickly, though most UK bank accounts will do!) and then complete the switch with that. Unlike other bank account switching offers, there are no direct debit, deposit or cash balance requirements. You could literally switch a brand new bank account with only £1 in it and it'd still qualify. The only requirement is that the bank account takes part in the Current Account Switch Guarantee (https://www.currentaccountswitch.co.uk/banks-building-societies/). Make sure you request a FULL not partial switch, as the latter does not qualify for the offer, and keep a note of your requested switch date - You will need this for later.

  2. Wait for your Co-Op Bank account to open and for you to receive your new bank details. This will take 2 or 3 working days. You should receive your account number and sort code by email.

  3. Fill out the form listed on Co-Op Bank's Refer a Friend website (https://www.co-operativebank.co.uk/products/bank-accounts/refer-a-friend/) with both the details of your new Co-Op bank account and the details of the person that referred you.

  4. You will then receive your £125 a day or two after your switch completes.

I have a Co-Op bank account, so if you need someone to refer you, I'm more than happy to do so - just send me a private message and I'll get back to you as soon as possible with all the necessary details.

OP posts:
Amandafm · 16/02/2023 12:02

Thanks but already received details.

TangerineFields · 16/02/2023 12:05

Amandafm · 16/02/2023 12:02

Thanks but already received details.

Not to worry! Your comment seemed to be asking me directly as the person that posted the guide, so was just asking to make sure if you were still looking. Clearly someone hijacked my post and beat me to it... ;)

OP posts:
TangerineFields · 16/02/2023 12:19

To reiterate, if anyone is looking for someone to refer them, please send me a private message and I'll get back to you asap with my details and guide you through the process. Cheers!

OP posts:
GiffGath · 16/02/2023 21:53

I'm also happy to refer people! I've already referred a couple of family members so am familiar with the process and would happily guide you through it. Please send me a private message and I'll get back to you asap. 😊

Tango9876 · 16/02/2023 21:57

hi - I'm interested.. could you send me referral details pls. Thx

FDigital · 16/02/2023 23:14

This reply has been deleted

We don't allow spam posts.

Tango9876 · 17/02/2023 10:47

Thx to everyone sending me their referral details. I'm all sorted now.

Oog · 18/02/2023 12:29

Hi

Can someone please send me a referal.

Thanks

TangerineFields · 18/02/2023 13:23

Oog · 18/02/2023 12:29

Hi

Can someone please send me a referal.

Thanks

Sure, I'll PM you now. 😊

OP posts:
TangerineFields · 19/02/2023 13:29

Just so people are aware, Co-Op have not yet announced the end date of this offer. However due it's popularity and ease of completion, it'll likely not be around for much longer. I still have a Co-Op account and so am still happy to refer anyone that needs it - just send me a PM and I'll get back to you asap. Thanks! 😊

OP posts:
TangerineFields · 20/02/2023 11:04

I've had quite a few questions regarding switch dates being a few weeks in the future. This is normal - although switches are meant to take 7 working days, Co-Op are experiencing a bit of a back log due to lots of people doing the offer. However the moment your switch completes you should get the £125, so this is still one of the quicker cashback offers out there.

OP posts:
Sudipido · 20/02/2023 16:59

Hi There, Can you send me the details required for the form? I am planning to open Coop Bank account..
Cheers

bradshmj10 · 20/02/2023 20:59

Sudipido · 20/02/2023 16:59

Hi There, Can you send me the details required for the form? I am planning to open Coop Bank account..
Cheers

Hi, I have sent you a PM with my referral details. Thanks again.

BWaghorn · 21/02/2023 12:05

Hi, Would you be able to pass me your referral details also. Thanks

TangerineFields · 21/02/2023 15:10

BWaghorn · 21/02/2023 12:05

Hi, Would you be able to pass me your referral details also. Thanks

Hey, sorry for the slow response - sure I'll send you a PM now.

OP posts:
TangerineFields · 22/02/2023 10:01

This offer ends on the 28th of February. There is still time to do the offer however: Provided you submit an application for a current account with a request to switch, you will still qualify for the offer, regardless of when your switch is actually due to take place.

OP posts:
Johnno55 · 22/02/2023 19:46

TangerineFields · 22/02/2023 10:01

This offer ends on the 28th of February. There is still time to do the offer however: Provided you submit an application for a current account with a request to switch, you will still qualify for the offer, regardless of when your switch is actually due to take place.

So, as long as you apply and switch by 28th February this is the minimum you need to do to qualify for the switching bonus?

Hopefully the referral form will still also be available online after the 28th as it takes a few days after that to get your sort code and acc. no.

TangerineFields · 22/02/2023 19:48

Johnno55 · 22/02/2023 19:46

So, as long as you apply and switch by 28th February this is the minimum you need to do to qualify for the switching bonus?

Hopefully the referral form will still also be available online after the 28th as it takes a few days after that to get your sort code and acc. no.

That's correct. The referral form will stay on the website for a little while after the deadline. Last time it was two weeks so you should have enough time for your bank details to appear.

OP posts:
GiffGath · 23/02/2023 09:15

I'm also offering referrals - if you're interested please send me a PM and I'll get back to you asap. Thanks!

Arrowz11 · 23/02/2023 10:43

Hey - I’m looking for referral details too. Could you please PM me
Thanks.

GiffGath · 23/02/2023 10:53

Arrowz11 · 23/02/2023 10:43

Hey - I’m looking for referral details too. Could you please PM me
Thanks.

Just messaged you now - thanks!

bradshmj10 · 23/02/2023 12:24

If anyone would like my referral details just message me and I'll respond promptly. Offer ends on the 28th!

astailor · 23/02/2023 14:02

Would appreciate if someone could share their referral details with me please.
Thanks in advance.

bradshmj10 · 23/02/2023 14:07

astailor · 23/02/2023 14:02

Would appreciate if someone could share their referral details with me please.
Thanks in advance.

Hi, I have messaged you my referral details! Thanks again.

Johnno55 · 23/02/2023 15:25

Went to fill in that referral form.

It is asking for a "'Switch End Date' from your confirmation text or letter"
I don't have that text or letter.

All I have is what was stated in the application process
The earliest date your switch can be completed is 14th March 2023.
This allows enough time for us to open your account, send your card and PIN and switch your old account to The Co-operative Bank.

Yesterday received email with sort code and account number, and today received the physical bank card.

Should I wait for the official date to be confirmed, or just enter 14th March?

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