Customer data from Britain’s biggest mutual highlights that the numbers of people logging on to the Internet bank peak from 9am until 10am every Monday, indicating that people are starting the week off checking their current accounts rather than their workloads. Around 100,000 people log on at this time of day, ten times more than in the last hour of the working day¹.

Phil Smith, Nationwide’s Head of Current Accounts, said: “For many, the weekend is a time to forget about work and a chance to go out and enjoy themselves, but come Monday morning reality kicks back in and it’s time to take stock of how their weekend expenditure has affected their bank balance. It’s only natural we would want to check our balances before we get stuck into the daily grind.

“Knowing how much money we have left at the start of the week can help people plan ahead, especially if they’ve had a busy weekend and have perhaps spent a little too much.”

Around a million people log on to Nationwide’s Internet and Mobile banking app on a typical Monday, with the amount of people using the services dropping steadily as the week goes on. By comparison, Sunday accounts for roughly half as many log ons as the start of the week².

Typically, the majority of people log on to the internet and mobile bank at the end and start of each month as they check that they have been paid, and what payments have gone out.

Nationwide’s FlexPlus, FlexDirect and FlexAccount current account customers all have access to the online bank and mobile banking app. On 4 June 2014, the Society launched its Quick Balance technology allowing customer to view their balance without logging in to the mobile app - the first of its kind in the UK. Since the launch, 10 million Quick Balance views have been undertaken.