Average wallet contains just £22 in cash, survey finds

The average Briton carries just £22 in their wallet, research has found.

A survey for mobile payments service Paym found people in Belfast tend to have the bulkiest wallets, stuffed with £30 on average.

This was followed by people in London, who have just over £25 on them on average, the survey found.

People in Nottingham were found to carry the least amount of cash in them, at £16 typically, according to the survey of more than 2,000 people.

Craig Tillotson, executive chairman of Paym, said: "As people carry smaller amounts of cash on them, chasing down money owed can quickly become a hassle."

Here are the cities where people carry the highest amounts of cash according to Paym, with the average amount they have on them:

1. Belfast, £30.19

2. London, £25.41

3. Liverpool, £25.37

4. Sheffield, £25.30

5. Newcastle, £23.95

And here are the cities where people were found to carry the least cash, with the average amount they have on them:

1. Nottingham, £16.54

2. Glasgow, £18.99

3. Bristol, £19.43

4. Manchester, £19.63

5. Cardiff, £20.22

Advertisement