'What's Stopping You From Switching Banks?'
November 29, 2006 at 9:58 am
According to a new survey from a high-street bank, the number-one reason why customers do not switch current account is the hassle of moving Direct Debits and standing orders. A survey of 3,740 adults for Abbey by polling company YouGov found that people came up with six main excuses for sticking with their existing current account:
1. Almost two-thirds (65%) think transferring Direct Debits and standing orders would be too much hassle.
2. Close to half (49%) believe that switching would be pointless because all banks are the same.
3. Nearly three in ten (29%) fear that they would lose their personal banking contacts…….
Click link below for full story
