The Co-operative Bank Privilege Account Traveller
Compare the The Co-operative Bank Privilege Account (Traveller) with the UK's best current accounts, including application criteria, incentives, facilities, overdraft, rates and fee & charges.
 | You can compare the The Co-operative Bank Privilege Account (Traveller) against other The Co-operative Bank Current Accounts. | ||
| Company: | The Co-operative Bank www.co-operativebank.co.uk | ||
| Product: | Privilege Account (Traveller) | ||
| Apply via this site: | Not available | ||
| Application Criteria | |||
 Minimum income: | No minimum income required to open this account. | ||
| Minimum Monthly Credit: | There is no minimum credited required. | ||
| Minimum Investment: | There is no minimum investment required. | ||
| Maximum Investment: | Unlimited | ||
| Minimum Age: | The minimum age is 18 years. | ||
| Maximum Age: | Unlimited | ||
| Existing Customer Only: | This account is not available to existing customers only. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Transfer Assistance: | A transfer assistance service is available. | ||
| Incentives | |||
| Account Promotions: | Money * Special rates on other products, including credit cards, personal loans, savings and cash ISAs. Travel * Free annual worldwide family travel insurance, including winter sports. * Commission free foreign currency. Other Incentives * Insurance cover for MP3, cameras, laptops, camcorders, SatNav, portable DVD players, and games consoles etc worth up to £179.98 * Up to 20% off a large range of attractions, car hire, hotels and holidays with the Privilege and Privilege Premier Smartsave card * Co-operative Legal Services advice helpline * 20% Home insurance discount from The Co-operative Insurance | ||
| Incentive Cashback £: | This incentive is not available with this account. | ||
| Incentive Moneyback: | This incentive is not available with this account. | ||
| Incentive Pref Rate/Deals: | Preferential rates are available to all current account customers for their credit card, savings account, and cash ISA. | ||
| Incentive Disc/Vouchers: | Up to 20% off a large range of attractions, car hire, hotels and holidays with the Privilege and Privilege Premier Smartsave card | ||
| Incentive Breakdown: | This incentive is not available with this account. | ||
| Incentive Protection: | This incentive is not available with this account. | ||
| Incentive Other Insurance: | This incentive is not available with this account. | ||
| Incentive Savings Sweep: | This incentive is not available with this account. | ||
| Incentive Currency: | Commission free foreign currency. | ||
| Incentive Other: | Customers have the choice of three benefit bundles which they can add to their existing account account benefits Option 1: Gadget Insurance cover for MP3, cameras, laptops, camcorders, SatNav, portable DVD players, and games consoles etc worth up to £179.98 Option 2: Safeguard Cover against ID theft and resolution package, including key recovery service, handbag and contents insurance Option 3: Traveller Four free airport lounge passes per year, Airport Angel annual membership, passport and luggage recovery service worth up to £129.50 | ||
| Facilities | |||
| Internet Banking: | A free on-line banking service is available to all customers. Using the Internet Banking service the customer can: - check their account balance; - view their statements on screen and print them off for a permanent record; - see their payment dates and payment amounts for their Visa account; - set up and make a funds transfer to any bank account in the UK; - set up and action bill payments; - create/amend/cancel standing orders; - cancel direct debits; - order copy statements, copy credits, copy cheques, paying-in-books, cheque books, Post Office envelopes, pre-addressed envelopes. | ||
| Branch Banking: | This account can be operated through a branch. | ||
| Telephone Banking: | Telephone Banking is available 24 hours a day 365 days a year. The customer can virtually do anything by phone that they can do in a branch. Telephone Banking allows the customer to: - pay regular bills; - check their balances; - search for a past transaction; - request a statement, cheque book or paying in book; - arrange, amend or cancel a standing order; - cancel a direct debit; - stop cheques; - make funds transfers - apply for a loan; - arrange an overdraft; - order traveller's cheques or foreign currency; - obtain details of other Bank products or services; - arrange independent financial advice. | ||
| Post Office Banking: | Customers can make the following transactions at a Post Office branch: withdraw funds and check their balance using their card and PIN, make a cash deposit using their card and pay in cheques with a personalised paying in slip and deposit envelope from their Bank. | ||
| Standing Orders: | Standing order facilities are available. | ||
| Direct Debits: | Direct Debit facilities are available. | ||
| BACS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| CHAPS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| Bill Payment Service: | Bill payment service is available. | ||
| Statement Frequency: | Statements are issued monthly. | ||
| Min Additional Deposit: | Unlimited | ||
| Minimum Withdrawal: | Unlimited | ||
| Withdrawal Restrictions: | Withdrawal Conditions - None. | ||
| ATM Card: | A VISA debit card is issued. | ||
| ATM Mini Statements: | Mini statements are available through the ATM. | ||
| Max ATM Withdrawal: | The maximum ATM withdrawal is £250.00. Can use either an Electron card or a VISA debit card. If the VISA debit card is used, a 2% (min £2) charge added to the withdrawal for processing. | ||
| Cheque Book: | A cheque book is available. | ||
| Cheque Guarantee Card: | A cheque guarantee card of £100 may be issued subject to status. | ||
| Cheque Clearance Time: | Cheque clearance takes 4 working days (excluding the day the cheque is paid in). If paid into Post Office, allow 2 extra days. | ||
| Debit Card: | A VISA debit card is issued. | ||
| Debit Card Type: | A VISA debit card is issued. | ||
| Passbook: | A passbook is not issued. | ||
| Text Messaging Events: | No text facilities are available with this account. | ||
| Text Mini Statements: | No text facilities are available with this account. | ||
| Travel Ins Winter Sport: | Free worldwide travel insurance including winter sports is available. | ||
| Overdraft | |||
| Overdraft Facility: | Overdraft facilities are available subject to status. | ||
| Interest Free O/D Limit: | An automatic interest and charge free overdraft facility of £200 is available. | ||
| Automatic O/D Facility: | An automatic interest and charge free overdraft of £200 is available. | ||
| Overdraft Buffer Limit: | There is no overdraft buffer available. | ||
| Overdraft Arrangement Fee: | There is an overdraft arrangement fee payable of £20 for any overdraft above the £100 interest free limit. | ||
| Auth O/D Rate-APR/EAR: | The annual authorised overdraft rate is 12.9% EAR. | ||
| Mthly Auth O/D Charge: | There is no monthly authorised overdraft administration fee. | ||
| Unauth O/D Rate-APR/EAR: | The annual unauthorised overdraft rate is 15.9% EAR. | ||
| Mthly Unauth O/D Charge: | The monthly servicing charge for an unauthorised overdraft is £20. | ||
| Overdraft Letter Charge: | There is no charge for an overdraft letter. | ||
| Rates | |||
| Headline Interest Rate: | The headline interest rate is 0% AER. | ||
| Rate Guarantee: | There are no interest rate guarantees. | ||
| Introductory Bonus: | No introductory bonus payable. | ||
| Amount of Bonus: | The bonus amount is - 0% | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Non Standard Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 0.00% 0.00% 0.00% | ||
| Gross AER - £1/£50: | 0% | ||
| Gross AER - £500: | 0% | ||
| Gross AER - £1,000: | 0% | ||
| Gross AER - £2,500: | 0% | ||
| Gross AER - £5,000: | 0% | ||
| Gross AER - £10,000: | 0% | ||
| Gross AER - £25,000: | 0% | ||
| Gross AER - £50,000: | 0% | ||
| Gross AER - £100,000: | 0% | ||
| Interest Variant: | No | ||
| Fee & Charges | |||
| Free Banking: | Free banking is not offered, a monthly subscription charge is made. | ||
| Monthly Charge: | There is a monthly subscription of £8.50 collected on the first working day of every month. | ||
| Standing Order Charge: | There is no charge for payment of a standing order mandate. | ||
| S/O Setting Up Charge: | There is no charge for setting up a standing order mandate. | ||
| S/O Amendment Charge: | There is no charge for amending a standing order mandate. | ||
| S/O Cancellation Charge: | There is no charge for cancelling a standing order mandate. | ||
| Unpaid S/O Charge: | The charge for an unpaid standing order is £30.00. | ||
| Direct Debit Charge: | There is no charge for payment of a direct debit mandate. | ||
| Debit card charge Europe: | There is no charge made for foreign transactions, other than the conversion fee. | ||
| D/D Setting Up Charge: | There is no charge for setting up a direct debit mandate. | ||
| D/D Amendment Charge: | There is no charge for amending a direct debit mandate. | ||
| D/D Cancellation Charge: | There is no charge. | ||
| Unpaid D/D Charge: | The charge for an unpaid direct debit mandate is £30.00. | ||
| CHAPS Charge: | The charge for transfer by CHAPS is £25. | ||
| Stopped Cheque Charge: | The charge for a stopped cheque is £10. | ||
| Unpaid Cheque Charge: | The charge for an unpaid cheque is £30.00. | ||
| Transaction Charge: | No charge is made for standard banking transactions on this account. | ||
| Unauth Transaction Fee: | A charge of ££20 per day is made for each day the unauthorised balance increases, up to a maximum of 4 daily fees per month. | ||
| ATM Withdrawal Charge: | No ATM withdrawal charge is made when using any LINK machine. | ||
| ATM charge Europe: | There is a charge of 2.00% (£2.00 minimum) for ATM transactions abroad. . | ||
| A/c Transfers Int. Free: | There is no interest free overdrafts for account transfers. | ||
| Bankers Draft Charge: | The charge for a bankers cheque is £10. | ||
| Bankers Reference Charge: | A charge of £10 is made for banker's reference. | ||
| Copy Cheque Charge: | A charge for a copy of a cheque is £5 (per cheque). | ||
| Duplicate Stat Charge: | The charge for a copy of a statement is £5 (per statement). | ||
| Special Clearance Charge: | The charge for special clearance of a cheque is £10. | ||
| Forex fee % Europe: | There is a conversion fee of 2.75% of the transaction amount charged for transactions made in currencies other than sterling. | ||
| Other Charges: | Frequent statements (at intervals of greater than one month) - 50p per statement. List of Standing Orders and Direct Debits - For a charge of £8 Co-operative Bank will send account holders a list of all Standing Orders and Direct Debits applicable to the account. | ||
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| Products: | www.co-operativebank.co.uk Current Accounts | ||
