UK Data Service variable record for:
| Variable | M378_4 | ||||||||||||
| Label | Is it a basic banking account? | ||||||||||||
| Question text | Is this account a basic bank account? | ||||||||||||
| Responses |
|
||||||||||||
| Disclaimer | Please note that these frequencies are not weighted. | ||||||||||||
| Location | ONS Omnibus Survey, March 2006 | ||||||||||||
| Interviewer Instructions | SHOWCARD M3. 'Basic Bank Account is not a descriptive term. It is NOT a savings account, you don't get a cheque book and it is not based on your credit rating. You can only spend the money that is in your account. Basic bank accounts are usually given to those without a specific credit score (e.g. people new to the country or people that haven't had a bank account). This will only apply to small percentage of people. Some examples of basic bank accounts are listed on this card. | ||||||||||||
| Universe | Adults, aged 16 or over, living in private households in Great Britain.;Adults;Households;National | ||||||||||||
| Sampling | Multi-stage stratified random sample | ||||||||||||
| Study Type | Repeated cross-sectional study, monthly (up to year 2000), eight cycles per year (up to April 2005), monthly thereafter. |