Can UK challenger banks ever replace incumbent banks as our primary bank account?

CFTE took a look into our own books, researching which banks we are currently using the have our salary paid into. What we found is a strong trend towards UK challenger banks. In 2019, Monzo hit a total of 2 million customers on its app, growing at over 30,000 account openings a week. However, despite this, critics opine that such …