The Co-operative Bank has today launched a new £200 cashback incentive for customers opening its FSB Bank Account.
The incentive offers a financial boost that is designed to offset the cost of a membership with the Federation of Small Businesses (FSB).
The offer comes at a time when small business owners across the UK are facing increasing uncertainty over HR compliance – an area where FSB membership offers vital support – as the Employment Rights Bill travels through parliament. Access to 24/7 expert advice on crisis management, debt recovery, health and safety and employment rights is one of the most valued benefits for FSB members, especially in a fast-changing regulatory landscape.
The Co-operative Bank’s FSB account also offers free everyday banking, with no monthly service fee, no introductory tariffs and no arrangement fees on overdrafts.
Commenting on the new offer, Laura Willerton, Head of Relationship Banking at The Co-operative Bank, said: “Uncertainty over changes to employment rights is just another thing to add to business’ worry lists. Our cashback offer has been designed to help take away one of those worries, by helping more small businesses to get a direct line to expert advice when they need it most.”
The offer will be available for a limited time only. To qualify, customers need to have signed up to be an FSB member, deposit and maintain £1,000 in the account, and make regular use of it in the first three months.
