The Co-operative Bank has launched a new promotional offer, providing up to £175 for customers who switch their current accounts. New and existing customers can earn £100 upon switching and an additional £25 for the subsequent three months. The offer includes access to a savings account with a favorable 7% AER interest rate. With recent branch closures by competitors, the Co-operative Bank aims to support the Croydon community while promoting ethical banking practices that minimize carbon impact on customer funds.
Irum Chaudry, Croydon branch manager, stated, 'For the community in Croydon, this is a timely opportunity to join The Co-operative Bank with another bank's branch closing their doors on the town.'
The Co-operative Bank's cash incentive includes 100 for switching and an additional 25 per month for the subsequent three months, benefiting both new and existing customers.
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