97% of British consumers say they carry cash on them, finds Access to Cash (Dec 2018)
Jan 10, 2019
In response to the rapid decline of cash use in the UK, the Access to Cash Review was launched to investigate if that means consumers are ready to give up cash altogether.
As it turns out, they are not.
Some key figures from Access to Cash report
- 97% carry cash on them
- 85% keep cash in the home
- 16.5% keep more than £100 in their home
- Average cash people carry on them – £41
- Average cash people have at home – £84
Due to the wonderfully private nature of cash transactions, it's impossible to really know how many cash transactions take place. Yet, estimates that card transactions have overtaken cash transactions in the UK have sparked concerns amongst public officials. Read more
Source: Access to Cash Survey of 2,000 nationally representative UK consumers conducted in November 2018.
Last Updated: Feb 12, 2020