The Co-operative Bank is an ethical bank that was founded in 1872. Its Ethical Policy first launched in 1992 and has been reviewed several times since. The bank does not provide services to businesses and organisations that conflict with this policy and aims to offer products and services that reflect its values and ethics. <\/p>
This review looks at The Co-operative Bank\u2019s Everyday Extra current account.<\/p>
The Co-operative Bank Everyday Extra current account is a packaged account that offers mobile phone insurance, travel insurance and breakdown cover in return for a monthly fee of \u00a318. <\/p>
It can be opened as a sole account or a joint one. With joint accounts, you will both be covered independently, but the fee remains the same. The account can be managed online and by mobile banking.<\/p>
The key features of The Co-operative Bank Everyday Extra current account are outlined below:<\/p>
To be eligible for The Co-operative Bank Everyday Extra current account you must be aged between 18 and 79 years and a UK resident. You must not have had any county court judgments (CCJs) or defaulted on any credit agreement in the last 2 years, or have been declared bankrupt in the last 6 years.<\/p>
You won\u2019t be able to open the account if:<\/p>
The Co-operative Bank Everyday Extra current account offers a wide range of benefits, including travel insurance, breakdown cover and mobile phone insurance \u2013 all for a fee of just \u00a318 a month. However, it no longer offers you the chance to sign up to its Everyday Rewards scheme, where you could earn additional cash rewards. <\/p>