The magnetocaloric and magnetoresistance properties of amorphous Co-based (Co 0.402 Fe 0.201 Ni 0.067 B 0.227 Si 0.053 Nb 0.05 ) 100−x Cu x (x = 0, 0.5, 0.75 and 1) ribbons were investigated. Cu additions changed the crystallisation temperature (T x ) and the Curie temperature (T C ). The saturation magnetisation (M s ) and coercivity (H c ) for alloys were in the range of 65.51-38.49 emu/g and 1.99-6.84 A/m, respectively. Under an applied magnetic field change of 2.2 T, the (−ΔS M ) max for (Co 0.402 Fe 0.201 Ni 0.067 B 0.227 Si 0.053 Nb 0.05 ) 100−x Cu x with x = 0, 0.5, 0.75 and 1 are 0.77, 0.71, 0.89 and 0.67 Jkg −1 K −1 , respectively. The values of refrigeration capacity (RC) for the as-spun glassy alloys are comparable with those of previously studied Fe-based metallic glasses such as Fe 80 B 10 Zr 9 Cu 1 , (Fe 0.76 B 0.24 ) 96 Nb 4 and Fe 82 Ni 2 Zr 6 B 10 . In addition, the maximum magnetoresistance (MR) values for (Co 0.402 Fe 0.201 Ni 0.067 B 0.227 Si 0.053 Nb 0.05 ) 100−x Cu x with x = 0, 0.5, 0.75 and 1 are found to be 110, 38, 23 and 1% around the Curie temperatures under an applied magnetic field change of 1 T, respectively. With good RC, negligible hysteresis due to very low coercivity values and large magnetoresistance, these Co-based amorphous alloys can be used as the high temperature magnetic refrigerants and multifunctional applications working in the temperature range of 450-600 K.