Grounds for not switching savings accounts in the United Kingdom in 2014

Reasons for remaining with the current easy access savings accounts in the United Kingdom (UK) as of 2014

Grounds for not switching savings accounts in the United Kingdom in 2014 This statistic presents the grounds for not switching an easy access savings accounts in the United Kingdom (UK) as of 2014. The main reason for sticking with the current provider was the satisfaction with the quality of service - mentioned by 35 percent of respondents.
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Reasons for remaining with the current easy access savings accounts in the United Kingdom (UK) as of 2014

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Share of respondents
I am happy with the quality of service35%
I have been with this provider for a very long time26%
No reason - I just haven't thought about it23%
Convenience, because I hold other financial products with my current provider19%
Convenience, my current provider has a local branch18%
Other providers do not offer significanly better products of rates13%
I do not think I can get a better rate from the providers I would consider switching to8%
I think this rate is probably a reasonably good rate8%
I don't trust the switching process - I'm worried about losing some of my savings or interest3%
The rate I have is market leading3%
I have experienced problems before in switching / It takes a lot of time time and effort1%
Share of respondents
I am happy with the quality of service35%
I have been with this provider for a very long time26%
No reason - I just haven't thought about it23%
Convenience, because I hold other financial products with my current provider19%
Convenience, my current provider has a local branch18%
Other providers do not offer significanly better products of rates13%
I do not think I can get a better rate from the providers I would consider switching to8%
I think this rate is probably a reasonably good rate8%
I don't trust the switching process - I'm worried about losing some of my savings or interest3%
The rate I have is market leading3%
I have experienced problems before in switching / It takes a lot of time time and effort1%
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This statistic presents the grounds for not switching an easy access savings accounts in the United Kingdom (UK) as of 2014. The main reason for sticking with the current provider was the satisfaction with the quality of service - mentioned by 35 percent of respondents.
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Statistics on "Bank customer retention in the United Kingdom (UK)"
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