logo
Digital challengers top banking customer satisfaction surveys

Digital challengers top banking customer satisfaction surveys

Independenta day ago
Digital challenger banks have topped the latest set of banking satisfaction results published by the Competition and Markets Authority (CMA).
Monzo was ranked in first place among consumers in surveys covering Britain and Northern Ireland, while traditional banks generally scored lower than their digital rivals, the watchdog said.
Introduced by the CMA as part of its Retail Banking Order, the banking satisfaction survey is an annual review carried out by research companies Ipsos and BVA-BDRC.
The large-scale survey is designed to highlight how banks are serving their customers.
The CMA said there is a new entrant in this year's survey – Mettle, an online business current account provider from NatWest.
The survey asks around 1,000 customers of each of the 17 biggest personal current account providers in Britain and around 500 customers of each of the 12 biggest personal current account providers in Northern Ireland if they would recommend their provider to friends and family. The results represent the view of customers who took part.
Surveys were also carried out to ask around 1,200 customers of each of the 17 largest business current account providers in Britain and around 600 customers of each of the five largest business current account providers in Northern Ireland if they would recommend their provider to other small and medium-sized enterprises (SMEs).
Research was carried out between July 2024 and June 2025.
Monzo said it surpassed 13 million customers this month.
Karen Tiltman, general manager for UK operations at Monzo, said topping the tables is 'a recognition of the hard work and dedication of everyone at Monzo'.
Here are the top three banks in the personal current account providers table, ranked for overall service quality, covering Britain (17 providers were included):
1. Monzo
=2. Chase
=2. Starling Bank
Here are the bottom three:
17. Royal Bank of Scotland
16. Virgin Money
15. The Co-operative Bank
Here are the top three business account providers in Britain, according to the surveys:
1. Monzo
2. Mettle
3. Starling Bank
Here are the bottom business account providers in Britain, according to the surveys:
17. The Co-operative Bank
=14. Bank of Scotland
=14. HSBC UK
=14. Barclays
Here are the top personal account providers in Northern Ireland (out of 12 providers):
1. Monzo
2. Nationwide
3. Starling Bank
Here are the bottom personal account providers in Northern Ireland ranked in the surveys:
12. Allied Irish Banks
11. Bank of Ireland UK
10. Ulster Bank
Here are the top business current account providers in Northern Ireland (out of five):
1. Santander
=2. Danske Bank
=2. Ulster Bank
Here are the bottom two business current account providers in Northern Ireland, according to the surveys:
5. Allied Irish Banks
4. Bank of Ireland UK.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Spurs to accelerate move to sign Eze from Palace
Spurs to accelerate move to sign Eze from Palace

BBC News

time13 minutes ago

  • BBC News

Spurs to accelerate move to sign Eze from Palace

Tottenham will accelerate their move to sign Crystal Palace forward Eberechi Eze with talks expected to progress in the next 48 two Premier League clubs have been in discussions over a move for Eze, 27, since the start of the sources have told BBC Sport that talks are progressing positively amid growing hope at Tottenham that a deal is now within face Chelsea on Sunday and there is emerging doubt over Eze's inclusion in the squad, which would provide an indication as to how close the clubs are to reaching an England international has an expired release clause in his contract which was worth an initial £60m, plus a further £8m in is understood Tottenham are negotiating an offer slightly below the total release figure. Palace are also in talks over selling captain Marc Guehi to Guehi and Eze are sold, the money will be reinvested into the squad with Leicester attacker Bilal El Khannouss among the players Palace are interested boss Thomas Frank is looking to bolster his options in the final third after attacking midfielder James Maddison was ruled out for the majority of the season with an anterior cruciate ligament Korea forward Son Heung-min left the club after 10 years earlier this month, having scored 173 goals in 454 appearances, while midfielder Dejan Kulusevski is still out after knee whose contract at Selhurst Park is due to expire in the summer of 2027, scored 14 goals across all competitions for Palace last season, including in their 1-0 win against Manchester City in the FA Cup joined Palace from Queens Park Rangers in a deal worth £19.5m in 2020 and has scored 40 goals in 168 appearances.

Why Aston Villa are missing Marcus Rashford and Marco Asensio - and how Newcastle exploited their dire need to sign new players by shackling Youri Tielemans, writes JAMES SHARPE
Why Aston Villa are missing Marcus Rashford and Marco Asensio - and how Newcastle exploited their dire need to sign new players by shackling Youri Tielemans, writes JAMES SHARPE

Daily Mail​

time43 minutes ago

  • Daily Mail​

Why Aston Villa are missing Marcus Rashford and Marco Asensio - and how Newcastle exploited their dire need to sign new players by shackling Youri Tielemans, writes JAMES SHARPE

Just before the hour mark, Aston Villa midfielder Boubacar Kamara collected the ball inside his own half, picked his head up, and spotted the run of Morgan Rogers ahead of him. Kamara tried to dink a little cross-field pass towards his Villa team-mate only to miscue it, caught it fat as a golfer would say, and like so many of his team's passes on the opening day of the new Premier League season, it ended up at the feet of a green shirt. He flung his head back and turned away in disgust. Seconds later, he brought down Anthony Gordon and found himself in Craig Pawson's notebook. Kamara's moment of frustration encapsulated Villa's goalless draw with Newcastle and made one thing abundantly clear: they need to sign some players. The problem is: they can't. Everyone knows Villa are locked in PSR's handcuffs. They have had to weaken their squad to keep in line with regulations. They are about to sell Jacob Ramsey to Newcastle for £40million but can't spend a penny of it. It was little surprise to hear Villa spend much of the second half voicing in musical form their opinion that the Premier League is 'corrupt as f***'. Villa last season could call on the precision of Marco Asensio and the speed and directness of Marcus Rashford, but not anymore. Villa are keen to get Asensio back on loan from Paris Saint-Germain and, boy, do they need him. 'We are ambitious, trying to respect the rules and trying to get the best players possible, trying to play the way we are: to be contenders for Europe and to compete like we did today,' said Emery afterwards on the current state of Villa's transfer window. 'We are not going to rest in case we can have some options in the transfer window.' In his programme notes, Emery had written that 'financial control rules came to football to avoid bankruptcies and payment defaults, with a good purpose. But as professionals we should review it, for this good tool will become a limitation for the clubs that are doing good management, who will never be allowed to dream and get higher goals.' Before kick-off, a huge display of Emery was hoisted into the air with a sign that read: 'No limits to our dreams'. There were plenty of limits to their team and to their play. The current state of Villa's squad meant that Emery started Youri Tielemans in the No10 role behind Ollie Watkins with Kamara and Amadou Onana behind them. It left Tielemans completely unable to dictate the game for Villa like he so often did last season. Whenever Villa had the ball, Newcastle sat deep in a 4-5-1 and the hosts just could not find a way through. They had no one to pull the strings. Kamara and Onana are both combative ball winners, and good at it, but neither possess the ability to pick locks like Tielemans – Newcastle's Bruno Guimaraes was the only Premier League midfielder to complete more passes between the lines last season. It left Villa producing one of their sloppiest passing performances in front of their own crowd in a long time, even if the result means it is now a full year since they last tasted league defeat at home. They mustered just three shots and none in the first half. The last time they faced Newcastle at home, back in April, they had 23 and won 4-1. That day, Tielemans picked out Watkins' run with a splitting pass for Villa to take the lead inside a minute. There was none of that here. Tielemans was so often too high up the field, surrounded by green shirts, happy to let his team-mates behind him pause and ponder. Villa Park's 73 per cent pass competition was their lowest in a home fixture since December 2023. Villa have only had less than the 41 per cent possession they had here in a home game four times since the start of 2023. The only time Tielemans moved into a deeper role was when Ezri Konsa became an early contender for Most Obvious Red Card of the Season for pulling back Anthony Gordon when clean through on goal. While Villa found it impossible to play through Newcastle, without the likes of Rasmey and Rashford they offered little width to go around them either. Rogers drifted centrally to support Watkins, as he usually does, on the few occasions Villa managed to get into decent areas while it was John McGinn tasked with staying wide down the right but had little impact on the game with little support from Matty Cash at full-back. It made you wonder what Donyell Malen had to do to earn a start, having scored twice and set up three goals during pre-season. He did eventually come on in the 84th minute and had attempted one Villa's three shots by the 86th. Watkins, who'd bagged five goals in pre-season, endured a difficult afternoon too. His first shot of the game came after the hour and only on a handful of times was able to burst into space, on one occasion pulling a ball back into the six-yard area and pulling his shorts up in frustration, Fabien Barthez-style, when there was no one there to get on the end of it. Much of Villa's goalscoring hopes rest on Watkins' shoulders, a player who has not always found it easy to hold Emery's trust with Rashford and Jhon Duran often rivalling him for minutes while at the club despite only Erling Haaland and Mo Salah scoring more Premier League goals than Watkins since promotion in 2020. There were still some positives for Emery to take from the game, their year-long unbeaten milestone aside. Villa battled well and kept their shape after going down to 10 men. For all the possession Newcastle had, they were still unable to fashion many clear-cut chances. And whenever they had one in the first half, debutant goalkeeper Marco Bizot was on hand to keep them out. The 34-year-old, one of few summer signings, beat away an early strike from Anthony Elanga before tipping Gordon's effort around the post. His antics late on to run the clock down, including pretending to roll the ball to every defenders in front of him before booting it upfield before his eight-second time-wasting counter had ticked down to zero, suggested the spirit of Emi Martinez still lives on between the Villa sticks.

Which of the record-breaking big four can you bank on for the healthiest profits? Investing expert Joanne Hart reveals all
Which of the record-breaking big four can you bank on for the healthiest profits? Investing expert Joanne Hart reveals all

Daily Mail​

time43 minutes ago

  • Daily Mail​

Which of the record-breaking big four can you bank on for the healthiest profits? Investing expert Joanne Hart reveals all

It was all supposed to be different. When feisty newcomers such as Metro, Revolut and Monzo burst on to the British banking scene, there were high hopes for change. These new kids on the block would upend the traditional order and give the 'big four' – Barclays, HSBC, Lloyds and NatWest – a run for their money. Some 15 years later, however, and the Big Four are still very big – and growing bigger. They hold more than 60 per cent of all bank deposits, enjoy a chunky share of the mortgage market and dominate business lending too. Having closed thousands of branches and slashed staff numbers, they are also making record profits and there could be more growth to come.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store