Everyday Rewards
Everyday Rewards is a scheme that rewards our customers for doing Everyday Banking each month. You can opt in at no extra cost.
We are making some changes to Everyday Rewards from 1st August 2020. You’ll be able to be rewarded up to £5 each month (£2 for qualifying plus an additional 5p for each debit card transaction, up to the maximum of £3). Please read our Everyday Rewards benefits and summary of changes 1st August 2020 document.
Be rewarded up to £5.50 a month
- £4 for each month if you qualify.
- Up to a maximum of £1.50 extra for debit card spending each month you qualify. If you meet the criteria below, you'll be rewarded an extra 5p every time you use your debit card to pay for things.
- No extra cost for opting in to Everyday Rewards.
To qualify you need to do the following in a calendar month
- Pay in a minimum of £800 to the nominated account.
- Transfers from other Co-operative Bank, Britannia and smile accounts do not count.
- Stay in credit, or within your agreed arranged overdraft limit on the nominated account.
- Log in to Online Banking or the Mobile Banking app at least once during the month.
- Remain opted in for Paperless Statements on your nominated account.
- Pay out at least four Direct Debits from your nominated account.
- If you do not meet all of the qualifying criteria above in any month - for example, if you pay less than £800 into your nominated account in July - you won't earn Rewards for that month.
- You can only earn Everyday Rewards on one account at a time.
You can get Everyday Rewards on these accounts
- Current Account.
- Current Account Plus.
- Privilege Account.
- Privilege Premier Account.
- Everyday Extra Current Account.
All other accounts, for example Cashminder, smile, Pathfinder and Student Accounts are not eligible.
How to opt in to Everyday Rewards
New customers
To opt into Everyday Rewards, you must apply for a current account online. You can opt in to Everyday Rewards during the application process.
View Current AccountYou're able to opt out of Everyday Rewards at any time via online banking, calling us or visiting us in branch.
What you can do with your Everyday Rewards
Rewards to you
You can choose to have your Rewards paid into your nominated current account each month.
Donation to charity
Or if you prefer, you can choose not to be paid the Rewards and we can make a donation to one of our five chosen charities of £4 plus any Debit Card Rewards. Simply choose from one of our chosen charities below.
Find out more about the charities and how to donate here
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- Log in to online banking
- Visit your accounts homepage.
- Click 'Opt-in to Everyday Rewards'
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Your Everyday Rewards are paid into your nominated account on or before the last working day of the month after you have earned them, providing that you have met the qualifying criteria. It will show as EverydayReward Net for the Account Rewards and EverydayReward CB for the Debit Card Rewards on your statement. We'll also send a message, to the email address you registered with us, to let you know when a payment has been made.
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The Everyday Rewards Charities have been chosen based on how they align to the Bank's ethics and values. Learn more about the chosen charities on our Everyday Rewards Charities page.
Important documents
There are important changes to our Everyday Rewards benefits from 1st August 2020. Please read our Everyday Rewards benefits and summary of changes 1st August 2020 document.
Everyday Rewards terms and conditions
Download Everyday Rewards terms and conditions PDF (47KB)Everyday Rewards benefits and summary of changes 1st August 2020 document
Download Everyday Rewards benefits and summary of changes 1st August 2020 document PDF (73KB)How we use your personal information
Download How we use your personal information PDF (622KB)Everyday Rewards at a glance
Download Everyday Rewards at a glance PDF (309KB)The Co-operative Bank reserves the right to decline any application.
Whether we can offer you credit depends on your circumstances and our lending policy. We may decline your application based on your circumstances or our lending policy. We may be able to offer a product that's different to the one advertised.
smile, The Co-operative Bank and Britannia are trading names of The Co-operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS).
Financial Services Compensation Scheme
Your eligible deposits with The Co‑operative Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: The Co‑operative Bank, Britannia and smile. Any total deposits you hold above the limit between these brands are unlikely to be covered. Please click here for further information or visit www.fscs.org.ukContact us
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