Full product details for the The Co-operative Bank Current Account Plus. A fee free overdraft of £200 is available. A £20 charge applies to customers arranging a formal overdraft above the £200 initial limit. Compare with other current accounts.
from 55 ratings
55 customers rated their The Co-operative Bank current account as 4.3 out of 5 in our 2010/2011 Consumer Finance Awards.
If you use an overdraft limit of £1,200 the interest rate charged will be 0% EAR (variable).
Account Type
overdraft
Monthly Charge
£0
There is no monthly servicing charge made.
Minimum Monthly Credit
£800
There is a minimum of £800.00 to be credited into the account each month.
Interest Free Overdraft Limit
£0
No interest free overdraft available. A fee free £200 overdraft is available.
Standard Overdraft Rate
0%
Authorised overdraft rate of 0% EAR between 5th January and 4th April 2012. After this time the authorised overdraft rate is 15.9% EAR.
Headline Interest Rate
0%
The headline interest rate is 0% AER.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£0
There is no minimum investment required.
Internet Banking
yes
Branch Banking
yes
This account can be operated through a branch.
Telephone Banking
yes
Account Promotions
yes
Preferential mortgage deals exclusively for current account customers. Exclusive linked savings account.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Minimum Monthly Credit
£800
There is a minimum of £800.00 to be credited into the account each month.
Minimum Contract Term
0 months
Not applicable.
Minimum Age
18 years
The minimum age is 18 years.
Maximum Age
Unlimited
There is no maximum age limit.
Minimum Income
£0
No minimum income required to open this account.
Minimum Investment
£0
There is no minimum investment required.
Maximum Investment
Unlimited
The maximum investment is unlimited.
Student Bank Account
no
This is not a student bank account.
Graduate Bank Account
no
This is not a graduate bank account.
Area Restrictions
none
There are no area restrictions.
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