Active savings accounts switching rates in the United Kingdom in 2014

Active savings accounts switched at least once in the previous three years in the United Kingdom (UK) as of 2014, by account type

by Statista Research Department, last edited Jan 20, 2015
Active savings accounts switching rates in the United Kingdom in 2014 This statistic illustrates the switching rates of savings accounts in the United Kingdom (UK) as of 2014. According to the survey results, the great majority of consumers had not switched their savings accounts in the preceding three years. The majority of switches were made by the holders of easy access Cash ISAs, with 15 percent of respondents stating to have switched once and 8 percent to have changed more than once.
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Active savings accounts switched at least once in the previous three years in the United Kingdom (UK) as of 2014, by account type

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Didn't switchSwitched onceSwitched more than onceNot sure / not stated
Children's savings86%7%4%3%
Easy access80%11%4%4%
Regular savings74%15%6%5%
Easy access cash ISA72%15%8%5%
Notice account72%13%10%5%
Didn't switchSwitched onceSwitched more than onceNot sure / not stated
Children's savings86%7%4%3%
Easy access80%11%4%4%
Regular savings74%15%6%5%
Easy access cash ISA72%15%8%5%
Notice account72%13%10%5%
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by Statista Research Department, last edited Jan 20, 2015
This statistic illustrates the switching rates of savings accounts in the United Kingdom (UK) as of 2014. According to the survey results, the great majority of consumers had not switched their savings accounts in the preceding three years. The majority of switches were made by the holders of easy access Cash ISAs, with 15 percent of respondents stating to have switched once and 8 percent to have changed more than once.
Show more
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Statistics on "Individual savings accounts in the United Kingdom (UK)"
  • Average amounts per account
  • Saving accounts in the United Kingdom
  • Saving behaviour
  • Distribution and usage of ISAs
  • Risks associated with ISAs
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