Active savings accounts switching rates in the UK in 2014, by account balance

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

Active savings accounts switching rates in the UK in 2014, by account balance This statistic illustrates the switching rates of savings accounts in the United Kingdom (UK) as of 2014, listed for various account balances. The survey targeted those, who had switched their savings account in the preceding three years. It was found that the rate of switching increased with the account balance growth. A total of 38 percent of people with total easy access cash ISAs savings exceeding 20 thousand Brithish pounds reported having switched at least once (either for a different account with the same provider or for a different provider alltogether).
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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 balance

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Easy accessEasy access cash ISA
0-99 GBP9%17%
100-499 GBP11%20%
500-999 GBP16%24%
1,000-4,999 GBP16%24%
5,000-9,999 GBP24%26%
10,000-19,999 GBP24%29%
Over 20,000 GBP36%38%
Easy accessEasy access cash ISA
0-99 GBP9%17%
100-499 GBP11%20%
500-999 GBP16%24%
1,000-4,999 GBP16%24%
5,000-9,999 GBP24%26%
10,000-19,999 GBP24%29%
Over 20,000 GBP36%38%
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This statistic illustrates the switching rates of savings accounts in the United Kingdom (UK) as of 2014, listed for various account balances. The survey targeted those, who had switched their savings account in the preceding three years. It was found that the rate of switching increased with the account balance growth. A total of 38 percent of people with total easy access cash ISAs savings exceeding 20 thousand Brithish pounds reported having switched at least once (either for a different account with the same provider or for a different provider alltogether).
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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