Most people in the United Kingdom had switched bank at least once in their life, as of 2020. Among them, more than 25 percent changed bank every three to five years. On the other hand, almost 20 percent of the respondents changed bank only once every 20 years.
Distribution of people who changed bank at least once in their life in the United Kingdom in 2020, by switching frequency
Characteristic
Share of respondents
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
finder.com. (February 8, 2021). Distribution of people who changed bank at least once in their life in the United Kingdom in 2020, by switching frequency [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1246957/frequency-of-bank-change-uk/
finder.com. "Distribution of people who changed bank at least once in their life in the United Kingdom in 2020, by switching frequency." Chart. February 8, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1246957/frequency-of-bank-change-uk/
finder.com. (2021). Distribution of people who changed bank at least once in their life in the United Kingdom in 2020, by switching frequency. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1246957/frequency-of-bank-change-uk/
finder.com. "Distribution of People Who Changed Bank at Least Once in Their Life in The United Kingdom in 2020, by Switching Frequency." Statista, Statista Inc., 8 Feb 2021, https://www.statista.com/statistics/1246957/frequency-of-bank-change-uk/
finder.com, Distribution of people who changed bank at least once in their life in the United Kingdom in 2020, by switching frequency Statista, https://www.statista.com/statistics/1246957/frequency-of-bank-change-uk/ (last visited August 24, 2024)
Distribution of people who changed bank at least once in their life in the United Kingdom in 2020, by switching frequency [Graph], finder.com, February 8, 2021. [Online]. Available: https://www.statista.com/statistics/1246957/frequency-of-bank-change-uk/