Being nosey... How many Regular Saver accounts do you have?

Bobblehat

daz378 said:

Yes moneybox is easy access...found the mse  table of  regular saver accounts...might open another current account to access another regular saver...also got a s&s isa and cash isa with moneybox...thanks for info

Also look at Bridlington1's extensive list on page 1 of the Top Regular Savers thread ...

https://forums.moneysavingexpert.com/discussion/6576962/the-top-regular-savers-discussion-thread/p1

It'll get addictive 

Dugal

I had the Club Lloyds RS for a number of years before becoming aware of the RS threads early last summer.  I now have 24 accounts, currently containg £34k with a max monthly input of £6700, though only £5200 of standing orders.  Average interest rate 5.79% which equates to £5.46 a day of interest.  Looking to the future I am likely to have >50k invested in RS accounts by next summer, thanks to Monmouth BS. As others have said it is addictive with a degree of FOMO.

Thanks to @Bridlington1 and all the other contributors to the RS threads.

Bobblehat

Some more additions ...

Bridlington1

Bobblehat said:

Some more additions ...

I don't want to create too much work for you but my total's no longer up to date, I've added another regular saver to my collection since I gave my original update so my total nudges up slightly to 63.

clairec666

Since giving you my figures, I've had one account mature, but replaced it with the new Progressive 7%, so.... back at 18. In an ideal world I'll just be operating a one-in one-out system over the next few months. Expecting number of accounts and monthly deposits to remain steady, but total value will increase rather a lot until Monmouthshire matures (or earlier if they slash the interest rate...)

Bobblehat

No problem with even the most minor of updates, folks ..... far less work than Bridlington1 puts in on our behalf into the main RS thread 

For everyone's sanity though, I've resisted posting an updated table after every contributor has submitted their figures or updates. Rest assured that if you see a thanks from me in your post, I've read it and incorporated the details into the table, as appropriate, ready for the next update posting. 

daz378

Set up co OP current account...provisionally accepted...pending checks ...in only 30 minutes...so will hopefully have a co op regular saver next week

clairec666

I don't know how we'd measure it, but I wonder from our little league table who is the most successful at spreading their regular savers throughout the year. Even though I'm languishing in mid-table, I reckon I've done a good job of spreading my 18 accounts evenly throughout the year. Over next year I've got either one or two maturing each month. Which means the money can be pumped straight back into the system and won't be languishing in easy access accounts.

Haven't really thought through the maths behind it, but taking the "Value" column divided by the "PM" column should give a good indication of spread.

potlings

I have 12 in total. Principality 7.5%, 7.5%, 7%. Saffron 8%. Co-op 7%, Skipton 6%, Monmouthshire 7%,6%, Darlington 6%,, Virgin 6.5%, Manchester 5.5%., YBS 6%, Had a couple of others but the interest rate on them fell below 5.5% so they have now gone. 

Bobblehat

clairec666 said:

I don't know how we'd measure it, but I wonder from our little league table who is the most successful at spreading their regular savers throughout the year. Even though I'm languishing in mid-table, I reckon I've done a good job of spreading my 18 accounts evenly throughout the year. Over next year I've got either one or two maturing each month. Which means the money can be pumped straight back into the system and won't be languishing in easy access accounts.

Haven't really thought through the maths behind it, but taking the "Value" column divided by the "PM" column should give a good indication of spread.

Except for those contributors who have recently got the bug and opened several or even double-figures quite rapidly