Consumers are quickly becoming fed up with banking fees. If your financial institution began charging $2 a month for the convenience of having a debit card with your checking account, what would you do? Recent research from Mintel Comperemedia found that only 19% of consumers would pay the fee and continue to use the card. Here, Susan Wolfe, VP of Financial Services at Mintel Comperemedia, discusses how banks can keep customers happy while still turning a profit.
Less than a minute
Mintel's Susan Wolfe Discusses Challenges and Fees in the Banking Industry
Jennifer Clement
More from Mintel
-
Mintel StoreGet smart fast with our exclusive market research reports, delivering the latest data, innovation, trends and strategic recommendations....View Reports
-
2025 Global TrendsUnderstand what’s new and next in consumer behaviour and the impact on marketing and innovation strategies....Discover trends
-
Are you after more tailored solutions to help drive Consumer Demand, Market Expansion or Innovation Strategy?Ask for a customised strategic solution from Mintel Consulting today....Find out more
Article
2011-12-07T15:21:00+00:00
2011
0
Related articles
July 11, 2025
Financial Services
Podcast
Download Comperemedia’s FREE 2025 Global Financial Services Trends and get in touch with our consultants to learn more about how the trends apply to your brand.
June 25, 2025
Financial Services
Podcast
Download Comperemedia’s FREE 2025 Global Financial Services Trends and get in touch with our consultants to learn more about how the trends apply to your brand.
April 7, 2025
Financial Services
Podcast
Download Comperemedia’s FREE 2025 Global Financial Services Trends and get in touch with our consultants to learn more about how the trends apply to your brand.