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

happybagger

35 to receive a payment in October, plus cheque gone to Scottish BS.
3 maturing this month so may/may not get renewed depending on offer.
7 are ticking along at a minimal monthly payment for existing customer purposes.
Fully fund each month those 5% and above.
All bar one are run with standing orders. And just one is not funded on the 1st (due to account terms)

I have avoided those that require a current account with the provider.

The number of RS accounts I have has rocketed since summer, due to new offerings above instant access rates.

allegro120

In September I funded 47.  49 in August,  53 in July...  The number has declined mainly due to the introduction of Cahoot's upgrade option.  I stopped funding 5% RSs and closed those falling below 5%.  I still fund Santander, but not in full, just transferring interest from my two Edge Savers.

P.S. I didn't include RBS/NatWest, they are full, I just collect the interest, so they are not on my RS distribution list.

RosieRooBear

Hal17 said:

I'm looking after 42 at the moment, split 50/50 with the wife. She has no interest at all but is happy that I have another hobby that keeps me out of trouble. 

I’m the same as @Hal17 except I look after my hubby’s who has no interest in it, he just signs forms etc & let’s me get on with it 😂 although he does appreciate the extra money I make out of it and is secretly impressed. We currently have 70 between us with another 2 when Scottish B/S are opened. It started as my hobby and I quickly realised if I “involve” hubby we could double up especially the higher interest ones.

OwnedByACat

Two (Zopa and Nationwide), although my Progressive RS matured recently. My policy is to only open an account if I get over £50 in interest.

subjecttocontract

Doesn't that apply to the majority of reg savers on offer ?

OwnedByACat

subjecttocontract said:

Doesn't that apply to the majority of reg savers on offer ?

OK maybe it was £75 or something. I just don't like the way the payoff is in the future. I like to live in the moment, with Easy Access accounts

clairec666

OwnedByACat said:

subjecttocontract said:

Doesn't that apply to the majority of reg savers on offer ?

OK maybe it was £75 or something. I just don't like the way the payoff is in the future. I like to live in the moment, with Easy Access accounts

The Natwest regular saver can kind of be used like an easy access account. Unlimited withdrawals, monthly interest, doesn't "mature"... only downside is that you can only deposit £150 per month.

Bobblehat

OK ... I'll play 

I'm on 18 at the moment, funding monthly at £5,875 total, projected interest before tax £3,210 (excluding interest from holding EA). I haven't yet calculated the " circulating value" as some RS have only just started and some about to mature with a wide range of monthly funding.

So who is in the lead? .... depends on if you look at Joint or Solo holdings 



I'll update/correct as necessary 

OwnedByACat

clairec666 said:

OwnedByACat said:

subjecttocontract said:

Doesn't that apply to the majority of reg savers on offer ?

OK maybe it was £75 or something. I just don't like the way the payoff is in the future. I like to live in the moment, with Easy Access accounts

The Natwest regular saver can kind of be used like an easy access account. Unlimited withdrawals, monthly interest, doesn't "mature"... only downside is that you can only deposit £150 per month.

Oh I don't have a Natwest Current Account. (I have six current accounts)

subjecttocontract

clairec666 said:

OwnedByACat said:

subjecttocontract said:

Doesn't that apply to the majority of reg savers on offer ?

OK maybe it was £75 or something. I just don't like the way the payoff is in the future. I like to live in the moment, with Easy Access accounts

The Natwest regular saver can kind of be used like an easy access account. Unlimited withdrawals, monthly interest, doesn't "mature"... only downside is that you can only deposit £150 per month.

You can of course increase the £150 per month significantly by using round ups with the Nat West debit card.