Online banking increases awareness of personal finances

A survey by Nationwide suggests that online banking has made 58% of people more aware of their personal finances.  Moreover, 33% of people have become more aware of their household’s financial situation because they are doing their banking online.  23% of people also say that they have become more aware of different products such as ISAs, credit cards and mortgages as a direct result of online banking.

 

Source:  Credit Action November 2011 edition

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