Current Account Plus

This account is no longer available to new customers or existing customers who wish to upgrade.

  • No monthly fee.
  • Contactless card, make payments under £30 quickly and securely.
  • Linked savings account, when you open a Current Account Plus we open a linked Savings Plus instant access savings account for you automatically. Savings Plus currently pays interest of 0.46% gross**/AER*** variable.
  • £200 overdraft, debit interest of 18.9% per annum is charged on the total overdrawn balance. Subject to status.

Representative example: The advance of credit of £200 at an interest rate of 18.9% EAR* variable.


Your Current Account Plus links to a Savings Plus account, opened automatically, so you don't need to do anything. You can transfer money easily and earn interest while you save. It pays a rate of interest which is guaranteed to track 0.5% below the Bank of England Base Rate for the life of your Current Account Plus.

The Co-operative Bank reserves the right to decline any application.

Credit facilities provided by The Co-operative Bank are subject to status and our lending policy.

Any reference to tax is based on our understanding of current tax regulations which may change in the future and depends on the customer's individual financial circumstances.

* EAR - (Equivalent Annual Rate) The equivalent to paying and compounding debit interest over a whole year.

** Gross - The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).

*** AER - (Annual Equivalent Rate) Illustrates what the interest rate would be if interest was paid and compounded once each year.