This statistic illustrates the estimated number of current accounts in the United Kingdom (UK) as of October 2017, by age group. In a survey conducted by the Financial Conduct Authority (FCA) in October 2017 it was calculated that approximately 49.1 million adults within the UK held a current account. Of this total the highest number of accounts of any age range were held by 45 to 54 year olds with approximately 8.84 million. Over 65 year olds as a category held an estimated 10.8 million current accounts, making up 22 percent of the entire current account market.
Number of current bank account holders in the United Kingdom (UK) as of October 2017, by age group
(in millions)
Characteristic
Number of current accounts in millions
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Total number of UK adults with a current account equals 49.1 million. Figures have been rounded. Figures have been calculated from the FCAs findings from their financial lives survey.
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Statista estimates. (June 20, 2018). Number of current bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/936100/number-of-current-bank-accounts-in-the-united-kingdom-by-age/
Statista estimates. "Number of current bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions)." Chart. June 20, 2018. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/936100/number-of-current-bank-accounts-in-the-united-kingdom-by-age/
Statista estimates. (2018). Number of current bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/936100/number-of-current-bank-accounts-in-the-united-kingdom-by-age/
Statista estimates. "Number of Current Bank Account Holders in The United Kingdom (Uk) as of October 2017, by Age Group (in Millions)." Statista, Statista Inc., 20 Jun 2018, https://www.statista.com/statistics/936100/number-of-current-bank-accounts-in-the-united-kingdom-by-age/
Statista estimates, Number of current bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions) Statista, https://www.statista.com/statistics/936100/number-of-current-bank-accounts-in-the-united-kingdom-by-age/ (last visited September 01, 2024)
Number of current bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions) [Graph], Statista estimates, June 20, 2018. [Online]. Available: https://www.statista.com/statistics/936100/number-of-current-bank-accounts-in-the-united-kingdom-by-age/