Over £600 worth of benefits.

• Worldwide family travel insurance, provided by AXA Travel Insurance

  You and your family can have complete, peace-of-mind protection wherever and whenever you travel. Your worldwide travel insurance is active immediately and you can use it for as long as you have a Privilege current account. Unlike some policies, our insurance cover also includes personal belongings, scuba diving, golf and winter sports. So whether you’re staying in the UK or planning to go further afield, you can be sure that we’ve got everything covered.

  Worldwide family travel insurance provided by AXA Travel Insurance.

• Mobile Phone insurance, provided by Lifestyle Services Group and insured by London General Insurance Company

  Apart from the inconvenience, theft or loss of your mobile phone can prove expensive. That’s why it’s good to know that you won’t lose out should your phone get stolen, lost or damaged.

  • Insures up to 4 handsets to the value of £600 including VAT per phone so your family in your household can also benefit.
  • Covers the cost of repair or replacement in the event of theft, loss, accidental damage, water and liquid damage, malicious damage and electrical or mechanical breakdown.
  • Includes mobile phone accessories up to £250 including VAT, per claim for all your little extras that cam with the phone.
  • You are insured against unauthorised calls up to £1,500 including VAT, for monthly contract phones, and up to £100, including VAT, for pay-as-you-go phones per claim.
  • Worldwide cover so you don’t have to worry about losing the phone while abroad. Repair or replacement will be arranged upon return to the UK.
  • A policy excess of only £25 per claim.
  • This fantastic policy also covers personal digital assistant (PDA) handsets.
  • Subject to a 14 day registration period, Terms & Conditions apply.

  Once your account is open, you can register your mobile phone by visiting co-operativebank.co.uk/benefits

  Mobile phone insurance provided by Lifestyle Services Group and insured by London General Insurance Company.

• 0.5% off a loan from The Co-operative Bank giving you a rate of 8.4% APR Typical on loans of £7,500 to £14,950.

  This saving is based on 0.5% discount on the current typical rate of 8.9% APR Typical. Borrowing £7,500 over 60 months at 8.9% equals total repayment of £9,250.99. Borrowing £7,500 over 60 months at 8.4% equals total repayment of £9,150.62. Applicants who are existing Co-operative Bank current account customers and have had their account for over 7 months must be UK residents, aged between 18 and 69. All other applicants must be UK residents, aged between 23 and 69, have a minimum annual income of £10,000 and either be a homeowner or hold a debit, cheque guarantee or credit card. Credit facilities are provided by The Co-operative Bank p.l.c. and are subject to status and availability. The bank reserves the right to decline any application or offer a loan at a rate that differs from those advertised.
  Interest rates are correct at time of going to press 01/05/09.

• An automatic £200 interest-free and fee-free overdraft

  Your Privilege current account comes with an automatic £200 interest and fee-free overdraft. In addition, preferential rates are available if you need a higher limit and wish to apply for a formal overdraft.

  Find out more about overdraft Account Charges (PDF - 0.1Mb).

• Exclusive no application fee 3yr Tracker mortgage

  Plus for remortgage cases, no standard legal fees or basic valuation fees when you use our recommended surveyors or solicitors. Find out more.

• 20% discount on entry to over 200 fantastic leisure attractions across the UK, with the Smartsave discount card

  Your Privilege and Privilege Premier current account Smartsave card entitles you and up to 5 friends or family up to a great 20% discount on entry to over 200 fantastic leisure attractions across the UK. You can also make substantial savings on everything from car hire to online gifts. In addition, with your Privilege and Privilege Premier current account Smartsave card discounts are available with some of the leading names in travel, including Thomson, Airtours, Thomas Cook and Virgin Holidays – so you can get away from it all for a lot less.

• Privilege savings account for the life of your Privilege current account

  Your Privilege current account is linked to a Privilege Savings account, which we open automatically, so there’s no need for you to do anything. It allows you to transfer money easily and earn interest while you save. It pays a rate of interest which is guaranteed to track 0.3%† below the Bank of England Base Rate for the life of your Privilege current account. Having a Privilege Savings account means that you won’t have to spend time looking for a great place to put your money. All you have to do is sit back and relax knowing it’s earning you a good rate for as long as you keep your Privilege current account.

  Find out our current Privilege Savings rates

• FREE legal advice with the Co-operative Legal Services helpline

  Whether you need help with employment matters, personal injury, medical negligence or tax and property issues, The Co-operative Legal Services, which is part of The Co-operative group, is just a phone call away. In fact whatever the problem, you can call our helpline on 0845 603 7035, 24 hours a day, 7 days a week. This helpline is provided by Co-operative Legal Services.

• 20% off your home insurance provided by The Co-operative Insurance.

  With 20% off your first year’s premium we’ve made it easy and affordable for you to ensure your home is well protected. This discount is only available when you call 08457 46 46 46 and quote BNKAC.

  • Up to £500,000 rebuilding costs cover as standard (higher limits available on request).
  • No Claim Discount of up to 40% for buildings and contents plus the option to protect once the full entitlement has been earned.
  • Pay monthly by Direct Debit or annually by debit/credit card.
  • Free Legal Expenses Insurance, up to £50,000.
  • Free HomeRescue Emergency Helpline.
  • You could earn 500 Co-operative membership points with a home insurance policy provided by The Co-operative Insurance. Find out more

We understand that all our customers are different, which is why with our Privilege current account, you can choose one of the three additional benefit bundles provided by Lifestyle Services Group Limited and insured by London General Insurance Company Limited at no extra charge – giving you the flexibility to shape your account to suit you.

Safeguard - Guard against fraud with our ID theft insurance package**. For everyday peace of mind.

Traveller - International annual airport lounge membership plus 4 free Airport Angel lounge passes per year – take the stress out of traveling by taking it easy**.

Gadget - Cover for your portable devices. You must register all devices you wish to be covered by this policy.

Once your account is open, you can select your bundle (at no extra cost) by visiting
co-operativebank.co.uk/benefits

There are loads of ways to save money with your Privilege current account. And it won’t take long before the savings start to add up.

Just a few ways you could save money with your Privilege current account...

^A Based on a comparative family worldwide policy premium from a leading competitor, including America with Winter Sports, £142.50. Price correct at 01/05/09.
^B Based on comparison with Vodafone. Cost comparison is £6.95 per month, per handset assuming 2 handsets are registered. Prices correct at 01/05/09.
^C Based upon comparison with Supercover Insurance which costs £14.99 per month for 3 gadgets. Available with Gadget benefit bundle. Prices correct at 01/05/09.
^D Saving based on a current average premium for home of £220.87, 20% off is a saving of £44.17. Based on buildings and contents insurance. Price correct at 01/05/09.
^E Based on purchasing a family ticket for 2 adults and 2 children on the day from the ticket office. Cost comparison is £44.00, price correct at 01/05/09.
^F This saving is based on 0.5% discount on the current typical rate of 8.9% APR Typical. Borrowing £7,500 over 60 months at 8.9% equals total repayment of £9,250.99. Borrowing £7,500 over 60 months at 8.4% equals total repayment of £9,150.62. Applicants who are existing Co-operative Bank current account customers and have had their account for over 7 months must be UK residents, aged between 18 and 69. All other applicants must be UK residents, aged between 23 and 69, have a minimum annual income of £10,000 and either be a homeowner or hold a debit, cheque guarantee or credit card. Credit facilities are provided by The Co-operative Bank p.l.c. and are subject to status and availability. The bank reserves the right to decline any application or offer a loan at a rate that differs from those advertised. Interest rates are correct at time of going to press 01/05/09.

Your Privilege current account is linked to a Privilege Savings account, which we open automatically, so there’s no need for you to do anything. It allows you to transfer money easily and earn interest while you save.

Rates correct as at 11th March 2009

Only available to Privilege current account customers.

Interest rates guaranteed to track 0.3%† below the Bank of England Base Rate.

Current Bank of England Base Rate 0.5% (as at 03/09).

† The credit interest rate on your Privilege Savings account was designed to track the Bank of England base rate. However, following the reductions which have taken the base rate to its lowest ever level, we have not reduced the rates on this savings account by the full percentages at this time.

*Gross means the contracted rate of interest payable before the deduction of income tax at the rate specified by law, it remains the customer’s responsibility to declare interest earned to their relevant tax authority.

**AER = Annual Equivalent Rate - a notional rate calculated as if the contractual gross rate were paid and compounded on an annual basis.

***Net = The rate of interest payable after deduction of income tax at the rate specified by law.

Interest rates may vary and are payable annually. Withdrawals by cheque from your Privilege Savings Account will be subject to a £5 charge (per cheque).

Statements

We promise not to make any financial errors on your statements.

Cheque books and cards

We promise we will automatically issue your cheque book and cards to make sure you always have them available.

Standing orders and Direct debits

We promise to set up and pay your standing orders and direct debits as instructed and without any mistakes.

Personal Loans

Any request from our current account customers for an overdraft or personal loan will be considered and, if approved, made available within one hour (providing we are in receipt of your signed agreement form).