High-income customers primary banks in the UK 2023

Published by Statista Research Department, Feb 29, 2024

In 2023, HSBC was by far the most commonly chosen bank in the United Kingdom among customers with an annual income of at least 76,800 British pounds. According to Statista's Consumer Insights, 25 percent of the high-earning bank account holders held their primary bank accounts at HSBC. Barclays followed, with 20 percent of the high-income customers, and Bank of Scotland ranked third, with 12 percent.

Primary banks of high-earning customers in the United Kingdom (UK) in 2023

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Source

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Release date

February 2024

Region

United Kingdom

Survey time period

January 5, 2023 to December 11, 2023

Number of respondents

696 respondents

Age group

18-64 years

Special properties

bank account holders with annual income of at least 76,800 British pounds

Method of interview

Online survey

Supplementary notes

The question was phrased by the source as follows: "At which of these banks is the account held that you primarily use? (single-pick)".

More information on the methodology can be found here.

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