This statistic shows the reasons account holders gave for using multiple banks for their current accounts in the United Kingdom (UK) as of the first quarter of 2015. It was reported that the main reason for using different banks was to have an access to better rates or deals, with 26% of respondents having mentioned this reason.
Account holders' reasons for using more than one bank for their current accounts in the United Kingdom (UK) in 2015
* Nearly 4.55 thousand completed interviews out of the 120 thousand sample drawn from the personal current account holders databank, provided by all major UK banks. Data was weighted to correct oversampling.
Among the 4.55 thousand, 1,011 had multiple current accounts with different banks.
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GfK Media and Communication Research, & Competition and Markets Authority. (April 15, 2015). Account holders' reasons for using more than one bank for their current accounts in the United Kingdom (UK) in 2015 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/467277/reasons-for-using-more-than-one-bank-for-current-accounts-uk/
GfK Media and Communication Research, und Competition and Markets Authority. "Account holders' reasons for using more than one bank for their current accounts in the United Kingdom (UK) in 2015." Chart. April 15, 2015. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/467277/reasons-for-using-more-than-one-bank-for-current-accounts-uk/
GfK Media and Communication Research, Competition and Markets Authority. (2015). Account holders' reasons for using more than one bank for their current accounts in the United Kingdom (UK) in 2015. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/467277/reasons-for-using-more-than-one-bank-for-current-accounts-uk/
GfK Media and Communication Research, and Competition and Markets Authority. "Account Holders' Reasons for Using More than One Bank for Their Current Accounts in The United Kingdom (Uk) in 2015." Statista, Statista Inc., 15 Apr 2015, https://www-statista-com.ezproxy.canberra.edu.au/statistics/467277/reasons-for-using-more-than-one-bank-for-current-accounts-uk/
GfK Media and Communication Research & Competition and Markets Authority, Account holders' reasons for using more than one bank for their current accounts in the United Kingdom (UK) in 2015 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/467277/reasons-for-using-more-than-one-bank-for-current-accounts-uk/ (last visited November 10, 2024)
Account holders' reasons for using more than one bank for their current accounts in the United Kingdom (UK) in 2015 [Graph], GfK Media and Communication Research, & Competition and Markets Authority, April 15, 2015. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/467277/reasons-for-using-more-than-one-bank-for-current-accounts-uk/