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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:
bradshmj10 · 26/02/2023 20:26

If anyone would like my details drop me a quick PM and I will respond quickly.

ryaneberry · 26/02/2023 23:52

As per the Ts & Cs, you then have 14 days after the 28th to submit the form, as long as you’ve initiated the switch by then, everything will be fine

Raisingislamay · 28/02/2023 13:08

Hey, can you pm me your details please? I used my MIL details and it got rejected as her account is so old it didn’t qualify. I didn’t think to check! It might mean I don’t get a second chance but I’m kicking myself now and don’t know anyone else that uses them x

bradshmj10 · 28/02/2023 13:12

Raisingislamay · 28/02/2023 13:08

Hey, can you pm me your details please? I used my MIL details and it got rejected as her account is so old it didn’t qualify. I didn’t think to check! It might mean I don’t get a second chance but I’m kicking myself now and don’t know anyone else that uses them x

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

LeviCarter · 28/02/2023 23:08

Hi, I’m sorry to bother you. Can I have your help please. I have switched to COOP bank but I need someone with a coop bank who I can say has referred me. I saw that you have helped others with this thank you.

bradshmj10 · 28/02/2023 23:09

LeviCarter · 28/02/2023 23:08

Hi, I’m sorry to bother you. Can I have your help please. I have switched to COOP bank but I need someone with a coop bank who I can say has referred me. I saw that you have helped others with this thank you.

Hi, I have sent you my referral details

Raisingislamay · 01/03/2023 12:12

has anyone else not referred a lot of people and wouldn’t mind giving me their details please? My last one got declined, maybe too many people referred 😞

TangerineFields · 01/03/2023 15:17

Raisingislamay · 01/03/2023 12:12

has anyone else not referred a lot of people and wouldn’t mind giving me their details please? My last one got declined, maybe too many people referred 😞

I think it's a common problem unfortunately! I think Co-Op are really clamping down on the offer/trying to find ways not to pay out, so anyone that has referred more than a few people is now being made ineligible to refer more.

OP posts:
Sclarke2117 · 01/03/2023 15:22

Hi - I’ve sent you my details as I haven’t actually referred anybody yet!

Sclarke2117 · 01/03/2023 15:23

Raisingislamay · 01/03/2023 12:12

has anyone else not referred a lot of people and wouldn’t mind giving me their details please? My last one got declined, maybe too many people referred 😞

Hi - I’ve sent you my details as I haven’t actually referred anybody yet!

Sclarke2117 · 01/03/2023 15:24

Sclarke2117 · 01/03/2023 15:22

Hi - I’ve sent you my details as I haven’t actually referred anybody yet!

As you can tell, I also haven’t posted on here before…

Raisingislamay · 01/03/2023 15:36

Finally got it sorted! If anyone needs a referral I haven’t referred anyone yet 😊

tommo1111 · 06/03/2023 16:52

Looks like they are clamping down on people referring too many people.. so if you haven't got a referrer, please feel free to use me... I've not referred anyone yet!

BWaghorn · 07/03/2023 11:14

Hi,

I have tried completing the referral and my switch goes through on the 21st of March. Do you know when ill know if its worked or not? I used one of the original people on this thread and am concerned it wont work.

TangerineFields · 07/03/2023 14:16

You'll find out a day or two after your switch completes. You should get an email saying if it was successful or not.

OP posts:
devbokan7172 · 09/03/2023 21:56

Hi.. please provide your co-operative account details for me to use in the referral form. Thanks

devbokan7172 · 09/03/2023 21:58

Hi.. please provide your co-operative account details for me to use in the referral form. Thanks

devbokan7172 · 09/03/2023 21:59

Hi.. please provide your co-operative account details for me to use in the referral form. Thanks

bradshmj10 · 09/03/2023 22:08

devbokan7172 · 09/03/2023 21:59

Hi.. please provide your co-operative account details for me to use in the referral form. Thanks

Hi, I have messaged you my referral details.

bradshmj10 · 09/03/2023 22:10

devbokan7172 · 09/03/2023 21:56

Hi.. please provide your co-operative account details for me to use in the referral form. Thanks

I have sent you my referral details via private message

devbokan7172 · 10/03/2023 10:54

If anyone is looking for referral details, please message me. Thanks

PaulWhitty · 10/03/2023 11:02

Hey! Hope I haven’t missed out - can I have the details please? :)

PaulWhitty · 10/03/2023 11:05

devbokan7172 · 10/03/2023 10:54

If anyone is looking for referral details, please message me. Thanks

I’ve sent you a PM

Raisingislamay · 10/03/2023 14:04

I’ve not successfully referred anyone so please pm for my details 😊 would really help me out!

Co-Op Bank £125 Refer a Friend Guide
devbokan7172 · 10/03/2023 15:41

If anyone is looking for referral details, please message me. Thanks

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