Our £200 business bank account offer

Get up to £200 for opening a new Business Bank Account or Business Directplus Account alongside an Instant Access, 35 Day Notice or 95 Day Notice savings account, and meeting the eligibility and T&Cs criteria.

Learn more and apply

About our business bank accounts

Our Business bank accounts are for small businesses and growing businesses. This includes start ups, Sole Traders, Single Directors, Multi-directors and Single Shareholders.

Key account features

  • No monthly fee on the BBA

    Our Business Bank Account has free everyday banking so you only pay for what you use. Our Business Directplus Account includes a monthly fee.

  • Online and in-person banking

    Use our online banking and mobile app for daily banking or visit your local Co-operative Bank and Post Office. Mobile banking is subject to eligibility.

  • Free software

    Get discounted payment terminals, free Go Get Paid access and accountancy software integration.

  • UK-based help and support

    Access specialist business advisers on the phone and The Co-operative Bank Business Help app.

How to get the £200

There are two simple steps to receiving the offer:

Step 1

Apply for a new Business Bank Account or Business Directplus Account and either an Instant Access, 35 Day or 95 Day savings account from 6 October. You can apply for your savings account as part of your business bank account application.

For £100, once your business bank account is open, register for online and mobile banking, deposit a minimum of £1,000 within the first 30 days and do each of the following for 90 days:

  • make one or more deposits into your account by bank transfer or in branch per 30 days
  • make two or more payments using the debit card on the eligible account per 30 days (this includes any digital wallet transactions and excludes pending transactions)
  • receive at least credit into the account per 30 days
  • maintain a minimum balance of £1,000

Exclusive to new Co-operative Bank business customers.

Step 2

You will not be eligible for the second £100 unless you also meet the criteria for the first £100.

For another £100, open an Instant Access, 35 Day Notice or 95 Day Notice savings account alongside your new current account and deposit a total of £5,000 within 90 days.

When will I receive my £200?

If you meet the criteria and qualify, we will credit £200 into your Business Bank Account within 30 days of meeting the required criteria. The transaction will be labelled as ‘Credit’.

Your account must still be open when the incentive is paid.

Ready to apply?

Find out more information on the features of our range of business bank accounts and how to apply for them.

Switching to us is easier than you think

Switching to us is quick and easy with the Current Account Switch Service and takes just seven days. You can do this as part of your Business Current Account application.

Terms and conditions

Read all sections of the terms and conditions, and save a copy for future reference.

Business Bank Account promotional terms (PDF)

The Co-operative Bank reserves the right to withdraw or vary the terms of the offer or the offer period at any time, and reserves the right to decline any application.