Verified 12 September 2026
Co-op Bank Charges 2026
By Arnold Ochieng · Co-operative Bank Kenya hub · paybillke is an independent guide and is not affiliated with Co-operative Bank Kenya.
Co-op Bank publishes a clear tariff, and two things stand out for everyday users: moving money in from M-PESA is free, and paying school fees into a Co-op school account is free. Below is the verified tariff for the services most people use. Excise duty applies to fees, and Co-op can revise the tariff, so treat this as the standing guide and confirm current figures in the tariff guide.
MCo-op Cash and Co-op app (digital) charges
Current published rates.
MCo-op Cash and Co-op app digital charges
| Transaction | Charge (KES) |
|---|---|
| Registration | Free |
| M-PESA deposit into Co-op | Free |
| Balance inquiry, mini and full e-statement | Free |
| Daily alert | 5 |
| Debit and credit alerts | 35 |
| ATM withdrawal | 30 |
| Transfer to or from a bank account (tiered) | 0 – 35 |
| MCo-op Cash to MCo-op Cash (tiered) | 0 – 35 |
| Transfer to M-PESA or Airtel Money (tiered) | 0 – 50 |
| Utility payment, pay to paybill or till, airtime (tiered) | 0 – 50 |
| Agent withdrawal (tiered) | 30 – 130 |
| PesaLink (tiered) | 0 – 140 |
| M-PESA float purchase (tiered) | 0 – 200 |
Co-op agent cash withdrawal
| Amount (KES) | Charge (KES) |
|---|---|
| 100 – 5,000 | 50 |
| 5,001 – 10,000 | 70 |
| 10,001 – 20,000 | 80 |
| 20,001 – 30,000 | 100 |
| 30,001 – 40,000 | 120 |
| 40,001 – 50,000 | 140 |
| 50,001 – 100,000 | 250 |
At the agent (other services)
Cash deposits and payments are free, funds transfer and fees payment are KES 50 each, utility payments such as KPLC postpaid and water are KES 50, balance inquiry is KES 10, and a mini statement is KES 20. NHIF, county and other government payments are free.
Card and account charges
The Co-op Visa debit card maintenance fee is KES 200 per year. Credit card annual fees run KES 3,500 for Classic, KES 6,000 for Gold and KES 7,000 for Platinum, with interest at 3.5% per month on the revolved balance over a 50-day cycle, a 6% cash advance fee, and purchases free. A personal current account has a KES 300 monthly maintenance fee and a KES 35 ledger fee per entry. Hekima savings, the YEA account, Jumbo Junior, the salary account and Inua Jamii have no monthly maintenance fee.
The two free wins to lead with
For a parent or an everyday user, the headline is simple: loading your Co-op account from M-PESA is free, and paying school fees into a Co-op school account is free.
Frequently asked
Is depositing from M-PESA to Co-op free?
Yes.
Is paying school fees to a Co-op account free?
Yes.
What does an agent withdrawal cost?
From KES 50 for small amounts up to KES 250 for the largest band.
What does MCo-op Cash to M-PESA cost?
A tiered fee up to KES 50.