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

allegro120

exel1966 said:

allegro120 said:

clairec666 said:

PixelPound said:

Given we are in a rate cutting environment it's surprising how many decent paying ones they are. I'm funding 5 that range from 6% - 7.5% and that's over £2Kpm. I have others under 6% that I no longer fund or only sporadically.

Things have been skewed a bit by good old Monmouthshire and their £1000 a month at 7%. Because of that, I'm not able to fund all my 6% accounts at the moment. So my average is higher than last year.

Quite a lot of rates have stayed stable throughout successive base rate cuts - Nationwide, Cooperative, both variable but haven't dropped in ages. First Direct and Virgin, fixed rate but continue to be offered at the same rate. And new ones like Progressive popping up.

The same for all LBG's regular savers - fixed but offered at the same rates for a very long time.

The one with most allowance I have is Loughborough Super Saver (6%, £2k pm).  I think this one was for locals only???, but overall higher allowances are becoming more common.

Prior to Covid Loughborough used to have the odd good RS, but they were notorious for dropping rates quickly after BoE base rate changes and then poor at increasing them, however something changed quite dramatically during 24/25 in their approach or need for cash injection and they brought out a number of good RS so I'm now paying in £4.3Kpm to them in 5 x RS.

I only have 3. Retirement, Holiday and 1 year Super.  Am I missing some good ones from Loughborough?

exel1966

allegro120 said:

exel1966 said:

allegro120 said:

clairec666 said:

PixelPound said:

Given we are in a rate cutting environment it's surprising how many decent paying ones they are. I'm funding 5 that range from 6% - 7.5% and that's over £2Kpm. I have others under 6% that I no longer fund or only sporadically.

Things have been skewed a bit by good old Monmouthshire and their £1000 a month at 7%. Because of that, I'm not able to fund all my 6% accounts at the moment. So my average is higher than last year.

Quite a lot of rates have stayed stable throughout successive base rate cuts - Nationwide, Cooperative, both variable but haven't dropped in ages. First Direct and Virgin, fixed rate but continue to be offered at the same rate. And new ones like Progressive popping up.

The same for all LBG's regular savers - fixed but offered at the same rates for a very long time.

The one with most allowance I have is Loughborough Super Saver (6%, £2k pm).  I think this one was for locals only???, but overall higher allowances are becoming more common.

Prior to Covid Loughborough used to have the odd good RS, but they were notorious for dropping rates quickly after BoE base rate changes and then poor at increasing them, however something changed quite dramatically during 24/25 in their approach or need for cash injection and they brought out a number of good RS so I'm now paying in £4.3Kpm to them in 5 x RS.

I only have 3. Retirement, Holiday and 1 year Super.  Am I missing some good ones from Loughborough?

As above + 2 year Super and Fixed rate Monthly (NLA).

Kim_13

exel1966 said:

allegro120 said:

exel1966 said:

allegro120 said:

clairec666 said:

PixelPound said:

Given we are in a rate cutting environment it's surprising how many decent paying ones they are. I'm funding 5 that range from 6% - 7.5% and that's over £2Kpm. I have others under 6% that I no longer fund or only sporadically.

Things have been skewed a bit by good old Monmouthshire and their £1000 a month at 7%. Because of that, I'm not able to fund all my 6% accounts at the moment. So my average is higher than last year.

Quite a lot of rates have stayed stable throughout successive base rate cuts - Nationwide, Cooperative, both variable but haven't dropped in ages. First Direct and Virgin, fixed rate but continue to be offered at the same rate. And new ones like Progressive popping up.

The same for all LBG's regular savers - fixed but offered at the same rates for a very long time.

The one with most allowance I have is Loughborough Super Saver (6%, £2k pm).  I think this one was for locals only???, but overall higher allowances are becoming more common.

Prior to Covid Loughborough used to have the odd good RS, but they were notorious for dropping rates quickly after BoE base rate changes and then poor at increasing them, however something changed quite dramatically during 24/25 in their approach or need for cash injection and they brought out a number of good RS so I'm now paying in £4.3Kpm to them in 5 x RS.

I only have 3. Retirement, Holiday and 1 year Super.  Am I missing some good ones from Loughborough?

As above + 2 year Super and Fixed rate Monthly (NLA).

2 year Super is still available but I'm guessing it's the least competitive of the five, requiring £500 minimum funding per month at 5%.

s71hj

Bobblehat said:

s71hj said:

I have now had a very kind friend make me a spreadsheet (cos I'm rubbish at stuff like that) so next weeks task is to fill it in, at which point I'll have my figures. I'm going to guess 55 total for me and my wife's added together. 

What? You've managed to administer ~55 RS's without a spreadsheet!! I'm impressed 

I've probably administered them rather badly... But no longer. Any spreadsheet tips gladly welcomed. The legend that is Bridlington1 has already reached out to me on this 

trickydicky14

s71hj said:

Bobblehat said:

s71hj said:

I have now had a very kind friend make me a spreadsheet (cos I'm rubbish at stuff like that) so next weeks task is to fill it in, at which point I'll have my figures. I'm going to guess 55 total for me and my wife's added together. 

What? You've managed to administer ~55 RS's without a spreadsheet!! I'm impressed 

I've probably administered them rather badly... But no longer. Any spreadsheet tips gladly welcomed. The legend that is Bridlington1 has already reached out to me on this 

Does anyone have a good spreadsheet template for RS's they are willing to share?

clairec666

trickydicky14 said:

s71hj said:

Bobblehat said:

s71hj said:

I have now had a very kind friend make me a spreadsheet (cos I'm rubbish at stuff like that) so next weeks task is to fill it in, at which point I'll have my figures. I'm going to guess 55 total for me and my wife's added together. 

What? You've managed to administer ~55 RS's without a spreadsheet!! I'm impressed 

I've probably administered them rather badly... But no longer. Any spreadsheet tips gladly welcomed. The legend that is Bridlington1 has already reached out to me on this 

Does anyone have a good spreadsheet template for RS's they are willing to share?

Here's a simplified version of mine that I shared earlier in the year:

https://docs.google.com/spreadsheets/d/1qAg4gDqIIuX9YO7JG7uHY5nggL90aUQMqrhUtn3JHPo/edit?usp=sharing

To extend it to the following months, select cells J3 to L15 (i.e. the June columns) and drag into July.
I highlight the "deposit" cells for a particular month and un-highlight them when I've made the deposit.
Interest calculations assume that you're depositing at the start of the month.
Columns AP-AR do nothing, they're just for your own personal reference.