A survey found that 27% of respondents were optimistic about their finances and open to spending, while 32% would switch banks for better interest rates. Most respondents had average savings of £16,000 and regularly checked their bank accounts on smartphones or while commuting. Two in three commuters said they would switch banks for a 7 day switching service, and 59% plan to open a new account soon, while two in five commuters assist with business banking decisions.

1. Finance 2013
• 27% are optimistic about their
finances, and are open to
spending
• 32% would switch their
current account for better
interest rates
• £16,000 average saving
• 52% tend to check their bank
accounts all the time on their
Smartphones
• 29% check their accounts
while commuting
• 2 in 3 commuters are more
likely to switch banks if they
provided a 7 day switching
service
• 59% plan to open a new
current or additional account
in the next 3 months
• 2 in 5 commuters have
involvement in business
banking decisions