The Co-operative Bank launches prize draw giving customers the chance to win back their household bills

• 10 winners each month could win back up to £5,000 of their essential household bills, including mortgage or rent payments
• Eligible bills must be paid from their Co-operative Bank or smile current account
• Open to all new and existing current account holders, who pay at least one Direct Debit from their account

The Co-operative Bank has launched a new prize draw giving new and existing current account customers the chance to win back the cost of their mortgage, rent and essential household bills, helping to ease the pressure of everyday living costs.

Each month, up to 10 customers will be selected to win back the cost of eligible household bills paid from their Co-operative Bank current account, with prizes worth up to £5,000.

The prize draw is open to all Co-operative Bank and smile current account customers, including Cashminder account holders, who pay at least one qualifying household bill by Direct Debit from their account. Rent payments made by Standing Order can also be included if they win.

Eligible bills include gas and electricity, water and council tax, mortgage or rent payments, giving customers the chance to win back some of their biggest regular household outgoings.

The initiative is designed to reward customers who choose The Co-operative Bank for their everyday banking and use their account to manage essential household spending.

Kat Robinson, Head of Family and Everyday Banking at The Co-operative Bank, said:

“We know the cost of everyday life continues to add up, with household bills taking a sizeable chunk out of people’s monthly budgets. We wanted to do something that could make a real difference and give customers the chance to get some of that money back.

“Our new prize draw gives customers the chance to win back some of life’s biggest and most important payments, from their mortgage or rent to energy, water and council tax bills up to the value of £5,000.

“For some lucky customers, that could mean taking care of a significant amount of their monthly household costs. It’s a simple way for us to reward customers for doing their everyday banking with us and hopefully give them a really welcome boost.”