Main reasons for opening a cash savings account in the United Kingdom (UK) in 2014
Consumer reasons for opening an cash savings account in the preceding year in the United Kingdom (UK) as of June 2014
This statistic presents factors influencing the decision about the cash savings account opening in the United Kingdom (UK) as of June 2014, according to account holders who had opened an account in the preceding year. A total of 48 percent of the respondents stated that getting a better rate of interest was one of the main reasons for opening an account.
Consumer reasons for opening an cash savings account in the preceding year in the United Kingdom (UK) as of June 2014
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| Share of respondents | |
|---|---|
| Getting a better rate of interest | 48% |
| Keeping the money from being spent | 31% |
| Saving for the future | 31% |
| Saving towards a big expense | 19% |
| Paying everyday expenses | 8% |
Source
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