The offer has ended

Our offer of £200 for opening a new Business Bank Account ended on 27 February. On this page you can find out more information about the account and the terms and conditions for the offer.

About our Business Bank Account

Our Business Bank Account is for small businesses. This includes start ups, Sole Traders, Single Directors, Multi Directors and single shareholders.

Key account features:

You can find out more about our Business Bank Account. Eligibility and terms and conditions apply. Your application is subject to status. This means we’ll assess your financial circumstances and complete credit checks.

  • No monthly fee

    Our Business Bank Account is free so you only pay for what you use.

  • Online and in-person banking

    Use our online banking and mobile app for daily banking or visit your local Co-operative Bank and Post Office.

  • Free software

    Get discounted payment terminals, free Go Get Paid access and accountancy software integration.

  • UK-based help and support

    Access specialist business advisers on the phone and The Co-operative Bank Business Help app.

How to get the £200

There were two simple steps to receiving the offer:

Step 1

You needed to have applied for a new Business Bank Account between 17 January and 27 February.

This offer was exclusive to new Co-operative Bank business customers.

Step 2

Once your account is open, register for online banking and in each of the three following months, you must:

  • maintain a minimum balance of £1,000
  • make two or more payments using the debit card on the eligible account
  • make one or more deposits into your account by bank transfer or in branch.

When will I receive my £200?

If you meet the criteria and qualify, we will credit £200 into your Business Bank Account within 120 days of your account opening. The transaction will be labelled as ‘Credit’.

Your account must still be open when the incentive is paid.

Missed the offer but still looking to apply?

Find more information on the features of our Business Bank Account and how to apply.

Switching to us is easier than you think

Switching to us is quick and easy with the Current Account Switch Service and takes just seven days. You can do this as part of your Business Current Account application.

Terms and conditions

Read all sections of the terms and conditions, and save a copy for future reference.

Business Bank Account promotional terms (PDF).

The Co-operative Bank reserves the right to withdraw or vary the terms of the offer or the offer period at any time, and reserves the right to decline any application.