Is a Co-operative Bank business account right for you?
Read real customer reviews below along with more information about the various banking services Co-operative Bank offers to businesses.
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Co-operative Bank Customer Reviews
Review Summary
Recent Reviews
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Co-operative Bank Reviews From Other Websites
Co-operative Bank Trustpilot Reviews
| Review Score (out of 5) | Percent 5-Star Reviews | Percent 1-star Reviews | Total Number of Reviews |
|---|---|---|---|
| 4.20 | 51% | 39% | 7,699 |
Source: https://www.trustpilot.com/review/co-operativebank.co.uk
Co-operative Bank iPhone & Android App Reviews
| App Type | Review Score (out out 5) | Total Number of Reviews |
|---|---|---|
| iPhone | 4.70 | 47,800 |
| Android | 4.30 | 33,000 |
Source:
https://apps.apple.com/gb/app/co-operative-bank/id1439204021
https://play.google.com/store/apps/details?id=com.cooperativebank.bank&hl=en_GB
Co-operative Bank Basics
| Bank Type | High Street |
| FSCS Protection | Yes, up to £85,000 |
| Branch Locations | Limited locations accross the UK |
| Card Type | Visa |
| FCA Number | 990937 |
| Online Banking | Yes |
| Mobile Banking | Yes |
| In Person/Branch Banking | Yes |
Customer Support Options
| Phone Support Available | Yes |
| Email Support Available | Yes |
| Support Via Their App | Yes |
| Web Based Support | Yes |
| In person Customer Support | Yes |
Co-operative Bank Business Account Types
| Business Current Account | Yes |
| Business Savings Account | Yes |
| Business Credit Card | Yes |
| Business Overdraft | Yes |
| Accounts For Startups | Yes |
| Accounts For Charities | Yes |
| Accounts For Sole Traders | Yes |
| Joint Business Accounts Available | Yes |
Opening A Co-operative Bank Business Account
| Can You Apply Online? | Yes |
| How Long Does Opening An Account Typically Take? |
5 Working days |
| Do They Check Your Credit? | Yes |
| Current Account Switch Service | Yes |
Click to open a Co-operative Bank Business Account
Co-operative Bank Business Savings
| Types of Business Savings Accounts | Instant access, 35+ day, 95+ day |
| Lowest Savings Rate (AER) | 1.63% |
| Maximum Savings Rate (AER) | 2.51% |
| Minimum Savings Amount | No |
Please note these numbers were accurate at the time of publication, but may have since changed. Click to here to see current Co-operative Bank rates
Co-operative Bank Fees & Charges
| Free Business Bank Account | Yes |
| Free Business Account Term Length | 30 Months |
| Cheapest Monthly Account Fee | Free |
| Most Expensive Monthly Account Fee | Free |
| Electronic Payment Cost (in/out) | Free |
| Cash Payments Cost (in/out) | £1.50 per £100 |
| Cheques in/out | £1.50 |
| CHAPS Payments Cost | £25 |
| SEPA Payments Cost | No |
Co-operative Bank Foreign Currency Accounts
| US Dollar (USD) Bank Account | Yes |
| Euro (EUR) Bank Account | Yes |
| Interest Paid On Foreign Currencies | No |
Other Currencies Available:
No
Other Co-operative Bank Business Services
| Business Loans | Yes |
| Commercial Mortgages | Yes |
| Invoice Financing | Yes |
| International Payments | Yes |
| Merchant Services | Yes |
| Card Machines | No |
| Free Accounting Software | Yes |
Click to visit the Co-operative Bank website
For other business bank accounts see out guide here.
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