We investigate theoretically the optical multistability that takes place in a two-core oppositely-directed saturated coupler (ODSC) having negative index material (NIM) channel. The dynamics are studied using the Lagrangian variational method, and analytical solutions are constructed with Jacobi elliptic functions. The ODSC exhibits a bandgap as a consequence of the effective feedback mechanism due to the opposite directionality of the phase velocity and the Poynting vector in the NIM channel. Depending on the strength of the nonlinear saturation, the system admits multiple stable states. Considering the additional degrees of design freedom with respect to conventional nonlinear couplers, the ODSC could become an attractive choice for all-optical switching. The existence of multiple transmission resonance windows could also facilitate the realization of gap solitons. © 2018 Elsevier B.V.