The results of our latest survey, asking ‘How do you manage your savings?’, show that accessing savings accounts online is most popular, with over half (56%) of readers who took part in our poll preferring the convenience of online savings.
Meanwhile, just under a quarter (24%) of those polled manage their savings using a mixture of online access, automated management of their savings using online or mobile tools, mobile apps, phone banking and visiting their branch.
Some 7% of readers use mobile apps to manage their savings, while another 7% prefer to visit their branch.
Using an automated system to manage savings was less popular, with just 4% of those polled using this method, while managing savings over the phone was the least popular choice, with only 1% picking up the phone to sort out their savings.
This poll reflects a similar trend in online banking, with a recent Moneywise survey revealing that online banking on a desktop or laptop is the most popular method, preferred by seven in 10 (70%) readers.