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

daz378

I have a Santander monthly saver 5%..that will be ending in a couple of months...first direct monthly 7%..with about 5 months left...a regular moneybox saver only 3.8%...so will be looking to  open a couple more rs  accounts  to recycle into..when they finish...some you need to have a current account to access the saver..would prefer to  not have to..open...any recommendations appreciated...but will research what to open

Dazed_and_C0nfused

daz378 said:

I have a Santander monthly saver 5%..that will be ending in a couple of months...first direct monthly 7%..with about 5 months left...a regular moneybox saver only 3.8%...so will be looking to  open a couple more rs  accounts  to recycle into..when they finish...some you need to have a current account to access the saver..would prefer to  not have to..open...any recommendations appreciated...but will research what to open

Darlington BS might be an option.

Earlier this summer it had one you could fund with £250/month.   Getting 6.0% with no existing current account requirement.

Bobblehat

daz378 said:

I have a Santander monthly saver 5%..that will be ending in a couple of months...first direct monthly 7%..with about 5 months left...a regular moneybox saver only 3.8%...so will be looking to  open a couple more rs  accounts  to recycle into..when they finish...some you need to have a current account to access the saver..would prefer to  not have to..open...any recommendations appreciated...but will research what to open

I think the Moneybox Saver at 3.8% is an Easy Access account,  rather than a RS so I've put you in the table as holding 2. Let me know if that's right?

Bridlington1's tables on page 1 of the main RS thread will show if there is a requirement to open a qualifying account first, in order to open a RS. The Darlington one Dazed_and_C0nfused mentioned is probably the easiest high rate one to open, unless you happen to have a current account with some of the RS's nearer the top, or fancy a postal one. 

daz378

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

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.