This statistic displays the awareness of easy access savings account holders regarding the interest rates paid on their accounts in the United Kingdom (UK) as of 2014, broken down by account balance. The lack of awareness was the highest among the account holders with accounts in the lowest account balance bands. A total of 59 percent of people with less than 500 British pounds on their account did not know what interest rate was paid on these accounts. Among those with more than 20 thousand GBP on their accounts, nearly one fourth displayed lack of knowledge regarding the interest rate.
Distribution of easy access savings account holders awareness of the account interest rate in the United Kingdom (UK) as of 2014, by account balance
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Financial Conduct Authority. (January 20, 2015). Distribution of easy access savings account holders awareness of the account interest rate in the United Kingdom (UK) as of 2014, by account balance [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/446041/easy-access-savings-accounts-interest-rates-united-kingdom/
Financial Conduct Authority. "Distribution of easy access savings account holders awareness of the account interest rate in the United Kingdom (UK) as of 2014, by account balance." Chart. January 20, 2015. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/446041/easy-access-savings-accounts-interest-rates-united-kingdom/
Financial Conduct Authority. (2015). Distribution of easy access savings account holders awareness of the account interest rate in the United Kingdom (UK) as of 2014, by account balance. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/446041/easy-access-savings-accounts-interest-rates-united-kingdom/
Financial Conduct Authority. "Distribution of Easy Access Savings Account Holders Awareness of The Account Interest Rate in The United Kingdom (Uk) as of 2014, by Account Balance." Statista, Statista Inc., 20 Jan 2015, https://www.statista.com/statistics/446041/easy-access-savings-accounts-interest-rates-united-kingdom/
Financial Conduct Authority, Distribution of easy access savings account holders awareness of the account interest rate in the United Kingdom (UK) as of 2014, by account balance Statista, https://www.statista.com/statistics/446041/easy-access-savings-accounts-interest-rates-united-kingdom/ (last visited August 25, 2024)
Distribution of easy access savings account holders awareness of the account interest rate in the United Kingdom (UK) as of 2014, by account balance [Graph], Financial Conduct Authority, January 20, 2015. [Online]. Available: https://www.statista.com/statistics/446041/easy-access-savings-accounts-interest-rates-united-kingdom/