A 2024 survey across seven European and North American countries revealed varying reasons for depositing paychecks in high street banks. Security, ATM access, and convenience were primary motivators, though preferences differed by country. For instance, 70 percent of Canadians chose traditional banks for convenience, compared to 44 percent of Germans.
August 2024
Austria, Bulgaria, Canada, Europe, Germany, Italy, United Kingdom, United States
May to June 2024
3,921 respondents
18 years and older
Online survey
The source phrased the question as follows: "What are some of the reasons why your paycheck goes into a high street bank? Select all that apply"
The results have been weighted to represent the entire population.
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Flows, worldwide
Costs, worldwide
Africa
Europe
Latin America and the Caribbean
Middle East and Central Asia
North America
South Asia, East Asia, Australia and Oceania
Southeast Asia
* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
