Distribution of current accounts on the market United Kingdom (UK) 2016, by type

This statistic illustrates a distribution of all personal banking current accounts available on the market in the United Kingdom (UK) as of June 2016, broken down by type of current account. It can be seen that the largest share of available current accounts, nearly two fifths of the market (39 percent), were classed as standard current accounts at that time. The source defines standard accounts as those with low or no monthly fee and no extra non-banking benefits. The smallest share of available current accounts were classed as young person accounts (ten percent), these accounts are designed to help transition young people from basic to normal current accounts.