This statistic illustrates the switching rates of savings accounts in the United Kingdom (UK) as of 2014, listed for various account balances. The survey targeted those, who had switched their savings account in the preceding three years. It was found that the rate of switching increased with the account balance growth. A total of 38 percent of people with total easy access cash ISAs savings exceeding 20 thousand Brithish pounds reported having switched at least once (either for a different account with the same provider or for a different provider alltogether).
Active savings accounts switched at least once in the previous three years in the United Kingdom (UK) as of 2014, by account balance
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Financial Conduct Authority. (January 20, 2015). Active savings accounts switched at least once in the previous three years in the United Kingdom (UK) as of 2014, by account balance [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/460640/switches-of-savings-accounts-in-the-united-kingdom/
Financial Conduct Authority. "Active savings accounts switched at least once in the previous three years 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/460640/switches-of-savings-accounts-in-the-united-kingdom/
Financial Conduct Authority. (2015). Active savings accounts switched at least once in the previous three years in the United Kingdom (UK) as of 2014, by account balance. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/460640/switches-of-savings-accounts-in-the-united-kingdom/
Financial Conduct Authority. "Active Savings Accounts Switched at Least Once in The Previous Three Years in The United Kingdom (Uk) as of 2014, by Account Balance." Statista, Statista Inc., 20 Jan 2015, https://www.statista.com/statistics/460640/switches-of-savings-accounts-in-the-united-kingdom/
Financial Conduct Authority, Active savings accounts switched at least once in the previous three years in the United Kingdom (UK) as of 2014, by account balance Statista, https://www.statista.com/statistics/460640/switches-of-savings-accounts-in-the-united-kingdom/ (last visited August 25, 2024)
Active savings accounts switched at least once in the previous three years 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/460640/switches-of-savings-accounts-in-the-united-kingdom/