Co-operative Bank Privilege current account gets ethical

21 April 2005
The Co-operative Bank has re-launched its popular Privilege current account to include a number of ethical, green offers.

The account now offers holders £35 off the first year's electricity bill from green power company ecotricity, as well as discounts on a range of ecologically-sound books, games and gifts.

Energy offered by ecotricity includes renewable sources and the company guarantees to match tariffs levied by conventional regional suppliers, the Co-operative Bank states.

Privilege account holders also receive a number of other benefits, including an interest-free overdraft worth £100 for a monthly subscription of £6.50, free worldwide family travel insurance worth £150, and ten per cent off holidays booked with the Bank's sister company Travelcare.

"The Privilege account has been very popular since we first launched it in 2001 but in response to customer demand we have now added a range of ethical benefits," said chief operating officer Sheila Macdonald.

The Co-operative Bank already offers green mortgages and carbon dioxide-conscious car loans.

For each mortgage and car loan taken out, the bank also makes a donation to climate change organisation Climate Care.

Click here to compare current accounts.

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