Nearly 60 percent of Americans used mobile banking at least once per month
The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we may receive compensation when you click on links to products from our partners. Learn more about our advertising policy.
The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Please see the bank’s website for the most current version of card offers; and please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.
The shift in mobile banking is no surprise, Nessa Feddis, ABA senior vice president, said in a news release. “More people are walking around today with their mobile device in hand, and banks have made it easier than ever for them to access their accounts anytime and anywhere.”
When asked how often they have used a mobile device to access and manage bank accounts, 58 percent said at least once per month, 37 percent replied more than three times, and 21 percent responded one to three times. Thirty percent replied “never” (they own a mobile device but never use it for mobile banking). Another 10 percent said they don’t own a mobile device, and 2 percent answered “unsure.”
The annual survey of 1,000 U.S. adults was conducted for ABA by Ipsos Public Affairs Aug. 8-10, 2016, and released Aug. 30. Mobile banking details from the survey were released Sept. 12. The survey was conducted online, with weighting employed to balance demographics.
To use the graphic on your site, use the following code: