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

allegro120

clairec666 said:

subjecttocontract said:

Surely a regular saver ceases to be a regular saver if it's not being funded ?
Don't there need to be some basic ground rules so that everyone is singing off the same hymn sheet  ?

I imagine a lot of those people with 50+ accounts are not funding them all, and have opened a lot of them speculatively.

Come May this year, I'll be filling all of mine to capacity. My income fluctuates a lot throughout the year, so can't fund everything right now, but I only open accounts I intend in using.

Also Natwest and RBS.  I've reached the magic £5k long time ago so there's no need funding them.

Afahmaep

My January update
 
60             Reg Savers 
£14,750    Per Month
£112,000  Total     
5.65%       Weighted Average      All Sixty being funded

Martico

Still contributing 550 per month to two regs, running total now 2,200

Dugal

An update.  At 31/12 I had 25 RS accounts totalling £40039 with a weighted average interest rate of 6.03%.  Estimate interest in next 12 months at £2790.  Fully funded all accounts in January at £6950.

With 3 maturities in January, I only have 3 in the next 6 months, so will look to refresh some of my fixed rate accounts (eg Lloyds) before any further base rate cuts to lock in current rates for another year.

Newly_retired

Update 14 accounts, holding approx £26K, £2950 per month. Two not further funded now ( NatWest and RBS ).

exel1966

A few changes in the past couple of months for me what with multiple Principality maturities and other changes, however total remains the same, though I am expecting 2/3 additional products to become available in the next couple of weeks.

81 held, 74 funded to the max, 3 minimally for other benefits and 4 not currently funded. Basically any account equal or greater than my highest EA held will be funded to the max, currently that's 4.50% after the recent round of cuts.

Total Fund Spread by type - 22% in Fixed rate, 78% in Variable rate

Fund spread by AER

4.50 - 4.99 = 15%
5.00 - 5.49 = 33%
5.50 - 5.99 = 19%
6.00 - 6.99 = 22%
7.00+ = 11%

All bar 10 (Suffolk) of the 81 accounts are effectively EA with the ability to either withdraw or close as required.

A shuffle to the primary accounts too, total funds per institution

1. 4 accounts LOUGHBOROUGH

2. 10 accounts SUFFOLK

3, 3 accounts MONMOUTH

4. 2 accounts LEEDS

5. 4 accounts MELTON

6. 9 accounts PRINCIPALITY

   

Bobblehat

exel1966 said:

A few changes in the past couple of months for me what with multiple Principality maturities and other changes, however total remains the same, though I am expecting 2/3 additional products to become available in the next couple of weeks.

81 held, 74 funded to the max, 3 minimally for other benefits and 4 not currently funded. Basically any account equal or greater than my highest EA held will be funded to the max, currently that's 4.50% after the recent round of cuts.

Total Fund Spread by type - 22% in Fixed rate, 78% in Variable rate

Fund spread by AER

4.50 - 4.99 = 15%
5.00 - 5.49 = 33%
5.50 - 5.99 = 19%
6.00 - 6.99 = 22%
7.00+ = 11%

All bar 10 (Suffolk) of the 81 accounts are effectively EA with the ability to either withdraw or close as required.

A shuffle to the primary accounts too, total funds per institution

1. 4 accounts LOUGHBOROUGH

2. 10 accounts SUFFOLK

3, 3 accounts MONMOUTH

4. 2 accounts LEEDS

5. 4 accounts MELTON

6. 9 accounts PRINCIPALITY

   

Some very interesting facts and a comprehensive breakdown too! Nice collection of Suffolk RSs!

Bobblehat

Latest updates just went onto page 1, courtesy of topyam 

Keep 'em coming 

arthurdick

Hi Bobbles, 
now that we have Nov and Dec gone, my update is that I am down to 11 RS's now, fully fund at least 8 of them every month, the other 3,  I do what I can manage but always a few quid over the minimum needed..

Catplan

21 fully funded in Jan moving 6150 to RS, got 11400 maturing this month, likely to reopen all maturing which I think will be lowest of 5% now.