This statistic illustrates the reasons that would encourage the Millennial generation to switch banking service provider in the United Kingdom (UK) as of January 2016. It can be seen that 44 percent of Millennials stated that they would consider changing supplier due to cash incentives.
Reasons that would encourage the Millennial generation to switch banking service provider in the United Kingdom (UK) 2016
Characteristic
Share of Millennials
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All figures, unless otherwise stated, are from YouGov Plc.
Total sample size was 2,028 adults aged 18 to 34 (Millennials) and 2,047 adults aged 35 to 55 (Generation X). The figures have been weighted and are representative
of 18 to 34 GB adults and 35 to 55 GB adults.
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Experian. (January 21, 2016). Reasons that would encourage the Millennial generation to switch banking service provider in the United Kingdom (UK) 2016 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/513935/reasons-that-would-encourage-the-millennial-generation-to-switch-bank-united-kingdom/
Experian. "Reasons that would encourage the Millennial generation to switch banking service provider in the United Kingdom (UK) 2016." Chart. January 21, 2016. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/513935/reasons-that-would-encourage-the-millennial-generation-to-switch-bank-united-kingdom/
Experian. (2016). Reasons that would encourage the Millennial generation to switch banking service provider in the United Kingdom (UK) 2016. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/513935/reasons-that-would-encourage-the-millennial-generation-to-switch-bank-united-kingdom/
Experian. "Reasons That Would Encourage The Millennial Generation to Switch Banking Service Provider in The United Kingdom (Uk) 2016." Statista, Statista Inc., 21 Jan 2016, https://www.statista.com/statistics/513935/reasons-that-would-encourage-the-millennial-generation-to-switch-bank-united-kingdom/
Experian, Reasons that would encourage the Millennial generation to switch banking service provider in the United Kingdom (UK) 2016 Statista, https://www.statista.com/statistics/513935/reasons-that-would-encourage-the-millennial-generation-to-switch-bank-united-kingdom/ (last visited August 25, 2024)
Reasons that would encourage the Millennial generation to switch banking service provider in the United Kingdom (UK) 2016 [Graph], Experian, January 21, 2016. [Online]. Available: https://www.statista.com/statistics/513935/reasons-that-would-encourage-the-millennial-generation-to-switch-bank-united-kingdom/