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Brits turning on into small hours

November 28, 2007 by admin  
Filed under News, News-Banking

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A large proportion of the UK population are banking online late into the night, according to recent research.

With 17 per cent of respondents to a survey by Abbey putting banking off until bedtime, millions of Brits are literally losing sleep over their finances.

Meanwhile, it was found that over half of online bankers log on every other day or more to keep their finances in check, with 38 per cent believing they save more now that they can bank online.

Reza Attar-Zadeh, head of savings at Abbey, commented: “For a long time we’ve observed a growing preference for the online channel but for the first time we are seeing evidence that people really are enjoying the online banking experience and claiming that it makes them better with managing and saving money.

“There is real satisfaction in watching savings grow and the Internet enables us to do this with real ease.”

Furthermore, there has been a 39 per cent decrease in the number and frequency of people visiting their bank’s branches.

Tags: saving money, Abbey putting banking, Financial services, Reza Attar-Zadeh, losing sleep, bedtime, online bankers

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