As of 2022, over two thirds of adults who opened a cash ISA in the United Kingdom (UK) in the past three years researched the conditions of different providers before opening said account. Meanwhile, 60 percent of adults with a savings account compared the terms and conditions, products, or prices of different providers.
Share of adults with a savings account or cash ISA for less than three years who compared the conditions of products from different providers before opening that product in the United Kingdom (UK) as of 2022
Type of account that they own
Share of respondents
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Financial Conduct Authority. (July 26, 2023). Share of adults with a savings account or cash ISA for less than three years who compared the conditions of products from different providers before opening that product in the United Kingdom (UK) as of 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/516972/consumers-decide-on-savings-use-compared-products-to-find-right-one-united-kingdom-uk/
Financial Conduct Authority. "Share of adults with a savings account or cash ISA for less than three years who compared the conditions of products from different providers before opening that product in the United Kingdom (UK) as of 2022." Chart. July 26, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/516972/consumers-decide-on-savings-use-compared-products-to-find-right-one-united-kingdom-uk/
Financial Conduct Authority. (2023). Share of adults with a savings account or cash ISA for less than three years who compared the conditions of products from different providers before opening that product in the United Kingdom (UK) as of 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/516972/consumers-decide-on-savings-use-compared-products-to-find-right-one-united-kingdom-uk/
Financial Conduct Authority. "Share of Adults with a Savings Account or Cash Isa for Less than Three Years Who Compared The Conditions of Products from Different Providers before Opening That Product in The United Kingdom (Uk) as of 2022." Statista, Statista Inc., 26 Jul 2023, https://www.statista.com/statistics/516972/consumers-decide-on-savings-use-compared-products-to-find-right-one-united-kingdom-uk/
Financial Conduct Authority, Share of adults with a savings account or cash ISA for less than three years who compared the conditions of products from different providers before opening that product in the United Kingdom (UK) as of 2022 Statista, https://www.statista.com/statistics/516972/consumers-decide-on-savings-use-compared-products-to-find-right-one-united-kingdom-uk/ (last visited July 22, 2024)
Share of adults with a savings account or cash ISA for less than three years who compared the conditions of products from different providers before opening that product in the United Kingdom (UK) as of 2022 [Graph], Financial Conduct Authority, July 26, 2023. [Online]. Available: https://www.statista.com/statistics/516972/consumers-decide-on-savings-use-compared-products-to-find-right-one-united-kingdom-uk/