PPI isn’t available to new customers.
However, if you feel that you have previously been mis-sold PPI, here’s how you make a complaint.
- We currently do not have a Payment Protection Insurance product to offer alongside new products.
You can get advice on Payment Protection Insurance and other insurance products by visiting the Financial Conduct Authority (FCA).
We recognise that some customers feel concerned about PPI, especially if they believe it was mis-sold as part of a loan, credit card, overdraft or mortgage.
At The Co‑operative Bank, we are committed to dealing with your complaint fairly and promptly. We will try and resolve your complaint straight away, when you first contact us and will keep you informed of our progress throughout.
Complaining about your PPI is your legal right, so a PPI complaint will never affect your relationship with us.
What is PPI?
Payment Protection Insurance is designed to cover unsecured loans, credit cards, overdrafts or mortgages.
The Co‑operative Bank no longer sells PPI for loans, credit cards, overdrafts or mortgages. However we still advise customers to consider how they’ll make repayments in the event of redundancy, unemployment or an accident.
Am I able to make a PPI complaint or enquiry online?
You can use our online PPI form to:
- make a PPI complaint for the first time.
- check if you have had PPI.
- have your complaint assessed again under new Plevin guidelines.
We're Digital Accessibility Centre (DAC) accredited, if you need any further information please visit our accessibility page.
You can make a PPI complaint or enquiry online if you’re a UK resident, and hold or held a Co‑operative Bank or smile product, or a Britannia mortgage.
Alternatively if you’re a non-UK resident, or you’d like to complain about PPI relating to a Platform mortgage or Britannia Loans / Credit cards, then please download the FOS consumer questionnaire, complete it and send it to:
The Co‑operative Bank
1 Balloon Street
If you need your PPI correspondence in a different language, or you’d like some help, please contact our customer service team between 6am-10pm each day on:
- +44(0)345 721 2212 (loans)
- +44(0)345 600 6000 (credit cards)
- +44(0)800 028 8288 (mortgages)
or you can visit your nearest Co‑operative Bank branch.
Not satisfied with our response?
We’re committed to ensuring all complaints are fully and fairly addressed. However, if you’re unhappy with our response - or if you haven’t heard from us in 8 weeks or more - you can take the matter further to the Financial Ombudsman Service.
The Financial Ombudsman Service
The role of the Financial Ombudsman Service is to help settle individual disputes between consumers and businesses providing financial services in the UK. To find out more about the Financial Ombudsman Service, visit www.financial-ombudsman.org.uk or contact them by writing to:
The Financial Ombudsman Service
Making a complaint will not affect your legal rights.
Existing credit card and overdraft customers
If you’ve already purchased PPI for either a credit card or an overdraft, your cover will remain unchanged.
Every six months we submit information to the Financial Conduct Authority (FCA) about the complaints we've received from our customers. This information is summarised on The Co-operative Bank website.
Overdraft Payment Protection Insurance for customersDownload Overdraft Payment Protection Insurance for customers PDF (196KB)
Credit Card Payment Protection Insurance for customersDownload Credit Card Payment Protection Insurance for customers PDF (149KB)
Need more information?
Go to our help and support for more help and information