This statistic presents the main reason cited by United Kingdom (UK) adults that chose to bank with a challenger banking brand as of 2015. Approximately 28 percent of respondents reported the possibility to earn loyalty points or get discounts as the reason for using a challenger bank.
Reasons for choosing a challenger bank in the United Kingdom (UK) in 2015
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$149 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Challenger banks in the United Kingdom (UK)
Digital disruption context and challenger banks in the UK
8
- Premium Statistic Threat to retail banks from Fintech in Europe 2014, by product
- Basic Statistic UK banking service survey: client opinion on the 'Pure Digital' bank 2014, by age
- Premium Statistic Challenger banks vs big five banks: average branch numbers in the UK 2014
- Premium Statistic Challenger banks: average brand awareness in the UK 2015
- Premium Statistic Customer reasons for banking with a challenger bank in the UK 2015
- Premium Statistic Challenger banks vs the big five: return on equity in the UK 2012-2015
- Premium Statistic Challenger banks vs the big five: average net interest margin in the UK 2014 and 2015
- Premium Statistic Challenger banks vs the big five: cost-to-income ratio in the UK 2014 and 2015
Challenger banks: Customer deposits and loans
8
- Basic Statistic Challenger retail banks: average yearly deposits in Great Britain (UK) 2014
- Basic Statistic Loans and deposits offered by challenger retail banks in Great Britain (UK) 2011-2014
- Basic Statistic Challenger retail banks: average annual loans in Great Britain (UK) 2014
- Basic Statistic Market share of challenger banks loans and deposits in Great Britain (UK) 2011-2014
- Premium Statistic Year-on-year growth in Metro Bank's total deposits UK Q4 2013 - Q4 2015
- Premium Statistic Year-on-year growth in Metro Bank's lending in the UK Q4 2013 - Q4 2015
- Premium Statistic Aldermore Bank's net loans distribution in the United Kingdom (UK) 2014
- Premium Statistic Development of customer deposits value to Aldermore Bank 2011-2018
Challenger banks: Assets and liabilities
8
- Premium Statistic Metro Bank's total assets: year-on year-growth in the UK Q4 2013- Q4 2015
- Premium Statistic Aldermore Bank's total assets and liabilities in the UK 2013-2020
- Premium Statistic Total assets of the Clydesdale Bank PLC 2014-2022
- Basic Statistic Total assets of OneSavings Bank Group 2013-2022
- Basic Statistic Secure Trust Bank plc total assets value in the United Kingdom (UK) 2011-2021
- Basic Statistic Nationwide Building Society: asset distribution in the UK 2023
- Premium Statistic Virgin Money Group's total assets in the UK 2011-2022
- Basic Statistic Secure Trust Bank plc total liabilities value in the United Kingdom (UK) 2011-2020
Challenger banks: Profit, loss, income
8
- Premium Statistic Metro Bank's quarterly losses after tax in the UK in Q3 and Q4 of 2014 & 2015
- Premium Statistic Shawbrook Bank profit before tax in the UK 2012-2022
- Premium Statistic Co-operative Bank total statutory profit or loss before tax in the UK 2012-2022
- Basic Statistic Secure Trust Bank plc profit before tax in the United Kingdom (UK) 2011-2020
- Premium Statistic Profit before tax of the TSB Banking Group in the UK H2 2014- H1 2015
- Basic Statistic Nationwide Building Society: underlying profit in the United Kingdom (UK) 2011-2023
- Premium Statistic Virgin Money Group's statutory profit or loss before tax in the UK 2011-2022
- Premium Statistic Total operating income of Clydesdale Bank PLC in the United Kingdom (UK) 2014-2022
Challenger banks: Performance indicators
5
- Premium Statistic Challenger banks in the United Kingdom 2013 and 2014, by return on tangible equity
- Premium Statistic Aldermore Bank's cost-income ratio in the United Kingdom in 2012-2020
- Premium Statistic Virgin Money Group's loan-to-deposit ratio in the UK 2012-2022
- Premium Statistic Shawbrook Bank's loan to deposits ratio in the UK 2012-2016
- Basic Statistic Nationwide Building Society: cost-income ratio in the UK 2011-2023
Challenger banks: Business and staff details
7
- Premium Statistic The Co-operative Bank PLC: average number of employees 2013-2022
- Premium Statistic Number of customer-facing and back-office employees of Shawbrook Bank UK 2013-2015
- Premium Statistic Headcount of Clydesdale Bank PLC group 2015-2022, by role
- Basic Statistic OneSavings Bank's staff costs in the UK 2013-2022, by cost category
- Basic Statistic Female employees at Nationwide Building Society in the UK 2015-2021, by role
- Premium Statistic Virgin Money Group's colleague engagement in the UK 2012-2022
- Premium Statistic Virgin Money Group's employee gender distribution 2016, by position
Further related statistics
13
- Financial services: UK's revenue share in reation to the EU as of 2016, by subsector
- Financial services: UK's market share in the EU as of 2016, by subsector
- Ways of learning financial products among Millennials in the U.S. 2014
- Top vendors' share of banking and financial services software market 2015
- Secure Trust Bank plc: shareholder profit in the United Kingdom (UK) 2011-2019
- Secure Trust Bank plc: basic earnings per share in the United Kingdom (UK) 2011-2019
- Annual income: sustainability analyst in operational risk (banking) London (UK) 2018
- Usage of banking app for money transfers with phone number Russia 2019
- Ways of learning financial products among Hispanic Millennials in the U.S. 2014
- Ways of learning financial products among Millennials in the U.S. 2014, by gender
- Peru: reception of money transfers as of 2016
- Argentina: financial access points 2016-2019
- PayPay Bank's ordinary profit FY 2013-2022
Further Content: You might find this interesting as well
Statistics
- Financial services: UK's revenue share in reation to the EU as of 2016, by subsector
- Financial services: UK's market share in the EU as of 2016, by subsector
- Ways of learning financial products among Millennials in the U.S. 2014
- Top vendors' share of banking and financial services software market 2015
- Secure Trust Bank plc: shareholder profit in the United Kingdom (UK) 2011-2019
- Secure Trust Bank plc: basic earnings per share in the United Kingdom (UK) 2011-2019
- Annual income: sustainability analyst in operational risk (banking) London (UK) 2018
- Usage of banking app for money transfers with phone number Russia 2019
- Ways of learning financial products among Hispanic Millennials in the U.S. 2014
- Ways of learning financial products among Millennials in the U.S. 2014, by gender
- Peru: reception of money transfers as of 2016
- Argentina: financial access points 2016-2019
- PayPay Bank's ordinary profit FY 2013-2022
KPMG. (May 4, 2015). Reasons for choosing a challenger bank in the United Kingdom (UK) in 2015 [Graph]. In Statista. Retrieved November 29, 2023, from https://www.statista.com/statistics/443886/reasons-for-banking-challenger-bank-united-kingdom-uk/
KPMG. "Reasons for choosing a challenger bank in the United Kingdom (UK) in 2015 ." Chart. May 4, 2015. Statista. Accessed November 29, 2023. https://www.statista.com/statistics/443886/reasons-for-banking-challenger-bank-united-kingdom-uk/
KPMG. (2015). Reasons for choosing a challenger bank in the United Kingdom (UK) in 2015 . Statista. Statista Inc.. Accessed: November 29, 2023. https://www.statista.com/statistics/443886/reasons-for-banking-challenger-bank-united-kingdom-uk/
KPMG. "Reasons for Choosing a Challenger Bank in The United Kingdom (Uk) in 2015 ." Statista, Statista Inc., 4 May 2015, https://www.statista.com/statistics/443886/reasons-for-banking-challenger-bank-united-kingdom-uk/
KPMG, Reasons for choosing a challenger bank in the United Kingdom (UK) in 2015 Statista, https://www.statista.com/statistics/443886/reasons-for-banking-challenger-bank-united-kingdom-uk/ (last visited November 29, 2023)
Reasons for choosing a challenger bank in the United Kingdom (UK) in 2015 [Graph], KPMG, May 4, 2015. [Online]. Available: https://www.statista.com/statistics/443886/reasons-for-banking-challenger-bank-united-kingdom-uk/