Smart Money People Logo

Voting in the Consumer credit awards 2026 is open - Vote here

Own this company?
Share this page

The Co-operative Bank reviews

The Co-operative Bank Logo
Rated Average 3.42/5

The Co-operative Bank reviews

Unverified business Last reviewed within 7 days
  • Has branches you can visit in-person
    Has branches you can visit in-person
  • Positioned as being a socially responsible organisation
    Positioned as being a socially responsible organisation
  • FCA approved and regulated
    FCA approved and regulated
  • Manage your account or policy via an app or website
    Manage your account or policy via an app or website

Review summary

People rate this company as Average based on 614 product reviews

Average score of 3.42/5
5 star
48%
4 star
16%
3 star
6%
2 star
5%
1 star
25%
Reviews for The Co-operative Bank have trended negatively over the past 90 days

Latest positive rating

4/5

Switched current account to obtain a monetary reward.

Switched current account to obtain a monetary reward. So far, so good.

{"display":"Jock","full_name":"Jock","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Current account
Jock 16th April 2026

Latest negative rating

1/5

Very unimpressed with my new business account

I have had a business account for one month now. Opening the account was a tedious process with constant requests for more information to prove... I have had a business account for one month now. Opening the account was a tedious process with constant requests for more information to prove my business credentials despite having been trading for 35 years. The mobile banking app is slow and not user friendly. You cannot save any login details so each time you have to enter them afresh.The HID app security token generator is slow and doesn't always work. Despite the website saying you can get physical token generators, no more are in stock, so you're stuck with the HID app. Customer service on phone is slow with long waits. Despite having a high street branch in Southampton, having dropped in with a query, they have informed me that they only support personal account customers and not business accounts which have to use the telephone enquiry line. Interest rates on linked savings account is really poor. Rather disappointingly, I have now discovered that it's one of the worst accounts to link with Xero software, that's going to make MTD reporting even more hassle. Finally, although a really small point, it's annoying that account number and sort code are not printed on the debit card to have the information easily to hand. Very unimpressed. Read more Read less

{"display":"TW","full_name":"TW","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Business Account
TW 20th April 2026

About The Co-operative Bank

The Co-operative Bank is based in Manchester in the UK.

Founded in 1872, The Co-operative Bank was the first ethical bank. To this day, the company has an ongoing commitment to support the planet, people and communities. The Co-operative Bank was the UK’s first bank to introduce a customer-led Ethical Policy which shaped how it would and wouldn’t use its customers’ money.

The Co-operative Bank offers bank accounts, credit cards, savings, insurance, loans and mortgages.

The Co-operative Bank at a glance

Contact details

Phone
03457 212 212
Social media

Reviews for The Co-operative Bank

Showing 11 of 614 company reviews Last reviewed within 7 days

Very unimpressed with my new business account

Business Account 20th April 2026

I have had a business account for one month now. Opening the account was a tedious process with constant requests for more information to prove... I have had a business account for one month now. Opening the account was a tedious process with constant requests for more information to prove my business credentials despite having been trading for 35 years. The mobile banking app is slow and not user friendly. You cannot save any login details so each time you have to enter them afresh.The HID app security token generator is slow and doesn't always work. Despite the website saying you can get physical token generators, no more are in stock, so you're stuck with the HID app. Customer service on phone is slow with long waits. Despite having a high street branch in Southampton, having dropped in with a query, they have informed me that they only support personal account customers and not business accounts which have to use the telephone enquiry line. Interest rates on linked savings account is really poor. Rather disappointingly, I have now discovered that it's one of the worst accounts to link with Xero software, that's going to make MTD reporting even more hassle. Finally, although a really small point, it's annoying that account number and sort code are not printed on the debit card to have the information easily to hand. Very unimpressed. Read more Read less

{"display":"TW","full_name":"TW","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
TW
Rated Terrible 1/5
Read more product reviews

Switched current account to obtain a monetary reward.

Current account 16th April 2026

Switched current account to obtain a monetary reward. So far, so good.

Rated Good 4/5
Read more product reviews
  • 5/5

    ease to switch and excellent incentive given for doi...

    ease to switch and excellent incentive given for doing so.

    {"display":"Ryan","full_name":"Ryan","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Current account
    Ryan 16th April 2026
  • 5/5

    Amazing Trusted , Good Value, Definitely Recommend

    Amazing Trusted , Good Value, Definitely Recommend

    {"display":"Alien GG","full_name":"Alien GG","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Investments
    Alien GG 16th April 2026
  • 4/5

    Easy saving

    All offers on accounts are good with variety to suit personal needs. The accounts can be checked daily on App on phone making it very easy to manage

    {"display":"Maureen S","full_name":"Maureen S","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Smart Saver
    Maureen S 16th April 2026
  • 1/5

    When you need a loan for emergency and you contribut...

    When you need a loan for emergency and you contribute into your account,I have been denied multiple times and it's always the same credit check... When you need a loan for emergency and you contribute into your account,I have been denied multiple times and it's always the same credit check answer. Being the Co-op for the people,it is very selective and truly not helpful. Read more Read less

    {"display":"Antonio C","full_name":"Antonio C","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Personal Loan
    Antonio C 11th April 2026
  • 5/5

    The Co-operative Bank is THE only truly ethical bank

    The Co-operative Bamk is THE only ethical and environmental Bank, rated as such by Ethical Consumer AND Which? Money magazine. I switched to them a... The Co-operative Bamk is THE only ethical and environmental Bank, rated as such by Ethical Consumer AND Which? Money magazine. I switched to them a year ago for this reason (and received £175 for doing so). Their savings accounts interest rates paid are great (7% currently for the Regular Saver) and their customer service, especially when requesting CHAPS or making larger payments by phone, is excellent. They take security extremely seriously too - checking and double checking to make sure I know what I'm doing and keeping me safe especially for larger payments (Ive had lots of those in the past year due to moving home). This sometimes takes a little longer as occasionally I have to listen to the same warnings/answer the same kind of questions more than once - but better to be safe than sorry in my opinion. I feel happy knowing my bank doesn't invest in/trade with dodgy environmental or military or politically questionable businesses/activities/parties and knowing that, as with all Co-operative services, they are member-owned and governed means that for me, they are the only bank I would choose now. Read more Read less

  • 1/5

    Slow and opaque application process

    Very opaque and slow application process with no updates

    {"display":"Ed","full_name":"Ed","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Current account
    Ed 28th March 2026
  • 5/5

    Highly recommend

    Great communication, easy to switch

    {"display":"Lindarf","full_name":"Lindarf","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Current account
    Lindarf 25th March 2026
  • 2/5

    Been a Custer for about 25 years. Looking to change

    Been a Custer for about 25 years. Had an overdraft for most of the time. Suddenly they pulled it. Said that I was using it... Been a Custer for about 25 years. Had an overdraft for most of the time. Suddenly they pulled it. Said that I was using it and needed to reduce it Find at first then when when I did need help for a couple of months they were most unhelpful. So if you read if you need help we can help you don’t bother calling as thy will not assist they will try and refer you to Citizens Advice. No loyalty whatsoever Read more Read less

  • 4/5

    Had a problem with using my App so I called into a l...

    Had a problem with using my App so I called into a local branch at Lewisham. A very helpful teller worked through setting up a... Had a problem with using my App so I called into a local branch at Lewisham. A very helpful teller worked through setting up a standing order with me. She worked through the exact procedure and explained why this couldn’t be done on the banking app. Read more Read less

    {"display":"AS","full_name":"AS","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Current account
    AS 24th March 2026

    Products from The Co-operative Bank

    Showing products offered by The Co-operative Bank

    We are Smart Money People

    Join 2 million active users who make better financial decisions with the power of reviews.

    Create an account

    Protecting trust by verifying companies and reviewers

    The only site that specialises in financial services

    Providing everyday people with a voice