Reasons for holding several current accounts with different banks in the UK 2015

This statistic shows the reasons account holders gave for holding multiple current accounts with different banks in the United Kingdom (UK) as of the first quarter of 2015. It was reported that more than a half (63%) of respondents listed "different purposes" as their main reason for using multiple bank accounts.

Account holders reasons for having multiple current accounts with different banks in the United Kingdom (UK) in 2015

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Sources

Release date

April 2015

Region

United Kingdom

Survey time period

February 12 to March 27, 2015

Number of respondents

1,874*

Age group

14 years and older

Special properties

multiple accounts users.

Method of interview

Telephone interview

Supplementary notes

* Nearly 4.55 thousand completed interviews out of the 120 thousand sample drawn from the personal current account holders databank, provided by all major UK banks. Data was weighted to correct oversampling. Among the 4.55 thousand, 1,874 had multiple current accounts with different banks.

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Statistics on "Current bank accounts in the United Kingdom (UK)"

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