Try our corporate solution for free!
(212) 419-8294
vianny.gutierrez-cruz@statista.com

Reasons not to use digital-only banking U.S. 2020

Published by F. Norrestad, Jan 11, 2022
Satisfaction with their current bank institution was the main reason for Americans not to use a digital-only bank, according to a survey conducted in 2020 in the United States. The results of the survey showed that across all generations the vast majority of respondents mentioned being happy with their bank as the main reason not to open an account with a digital-only provider. Also, approximately one in five respondents said that they do not trust digital-only banking.

Reasons not to use digital-only banking in the United States 2020, by generation

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account
$39 $59 per month *
in the first 12 months
View for free
33% off until Mar 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

© Statista 2022
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

December 2020

Region

United States

Survey time period

2020

Number of respondents

2,068 respondents

Age group

18 years and older

Supplementary notes

The source does not provide information on the survey methodology and date.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Digital challenger banks"

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Further Content: You might find this interesting as well

Statistics

Topics

Digital challenger banksBanking industry in the U.S.FintechFintech market in EuropeBanking sector in Europe
Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Menu