The Co-operative Bank is offering Britons a free £175 bonus if new customers switch over to one of the high street financial institution's current accounts.
To mark International Women's Day, the bank has unveiled a refreshed current account switching promotion, partnering with Refuge, the UK's largest specialist charity supporting domestic abuse survivors.
Those who transfer their banking to the institution can earn up to £175, whilst simultaneously contributing to a cause that helps vulnerable women and children find safety.
Throughout March, the bank will donate to Refuge for each qualifying switch. The aim is that every four new customers who complete the process will collectively fund one night of safe accommodation in a refuge for a woman and her children fleeing abusive situations.
The Co-op bank is the latest financial institution to launch an account switch offer | PA/GETTY New customers who make the switch will receive an initial £100 payment upon completion, followed by three consecutive monthly instalments of £25 each.
Beyond the switching bonus, account holders gain access to what the bank describes as one of the market's most competitive savings products.
This includes the exclusive Regular Saver, which offers a seven per cent AER, permitting deposits of up to £250 per month.
Over the course of a year, savers could accumulate as much as £113 in interest through this account.
Britain is not only above the EU average, the rate is now higher than in Hungary, Slovenia and Poland | PALATEST DEVELOPMENTS
The bank
| PAThe latest offering is designed to provide incoming customers with a meaningful financial advantage whilst supporting survivors of domestic abuse.
Hayley Lowell, the head of Current Accounts at The Co-operative Bank, said: "Everyone deserves to feel safe, and that belief is at the heart of what we're doing this International Women's Day.
"We're working closely with Refuge to help women and their children find safety and begin rebuilding their lives.
"And throughout March, for every four customers who switch to us, we'll help fund a safe night for a woman and her children escaping abuse.
Britons are looking for the switch deals | GETTY"So while new customers can receive up to £175 and access our highly competitive Regular Saver, their switch also helps someone else take an important step towards a safer future."
Paula Robinson, Head of Corporate Partnerships at Refuge, said: "No woman or child should be made to feel unsafe in their own home.
"For many survivors of domestic abuse, access to safe accommodation can be the lifeline that makes escaping possible. "In 2024/2025 alone, we supported over 1,400 women and their children through our refuges, but our work is not done.
"With The Co-operative Bank's support, even more survivors will be able to find the safety they need to rebuild their lives free from fear. The partnership between the bank and Refuge represents a longstanding collaboration, with the charity providing crucial support to those escaping abusive circumstances."