Bank apps checked on Christmas Day

Internet and mobile banking customers likely to check finances on Christmas Day.
Internet and mobile banking customers likely to check finances on Christmas Day.
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More than one in three people who use internet and mobile banking are likely to check their finances on Christmas Day, figures from Britain’s biggest building society suggest.

But they are also set to log off sharply again in time for the Queen’s traditional Christmas message, according to the data from Nationwide Building Society.

Nationwide said around 240,000 people checked their accounts on Christmas Day last year, more than doubling from 100,000 customers on Christmas Day 2012.

Phil Smith, head of current accounts at Nationwide, said: “It can be an expensive time, so it’s no wonder that once the presents are open, people are checking just how much it’s cost them.

“However, some Christmas traditions remain strong, with most people logging off to sit down and watch the Queen give her annual yuletide address.

“Equally, with more sales starting on Christmas Day people may also be checking how much money they have left before they start spending some more.”