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

badger09

https://forums.moneysavingexpert.com/discussion/comment/81873183#Comment_81873183

I’m on a similar journey, but a more gentle glide path. Driven by my determination to simplify my affairs for the sake of my Executors.

I will continue to use RS with institutions with whom I already hold accounts, if they meet my criteria. Currently down to 8, all fully funded. Minimum rate 6% but I CBA with the 6 month variety.

Purpleheart

I'm supposedly whittling my number of RS down because my children are worried that when I pop my clogs they'll have too much to sort out, I'm only 60!!

I'm down to 7 but opening a new one on Monday.

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/81874338#Comment_81874338

I think it matters more how many providers they have to deal with, rather than how many accounts.

happybagger

When I dealt with both of my parents' affairs after they passed, it didn't bother me how many accounts or where they were, and it wouldn't have bothered me if there were 20 more, the fact that everything was listed in one book and I was aware of it was key.

Purpleheart

https://forums.moneysavingexpert.com/discussion/comment/81874355#Comment_81874355

Quite a few providers but all written down, they're just being drama llamas.

Newly_retired

I am more concerned that if I am suddenly incapacitated, my main current account could go overdrawn especially on 1st of the month when lots of SOs are going out for RS, as well as DDs for household bills.

masonic

https://forums.moneysavingexpert.com/discussion/comment/81874436#Comment_81874436

This is one of the reasons I have chosen to spend 5-10 minutes each month manually transferring into my 23 or so which are not required to be funded by SO or OB.

TA8888

1 but looking to open more…

AndyTh_2

https://forums.moneysavingexpert.com/discussion/comment/81874442#Comment_81874442

my Chase Savings account (where all my SO's and DD go from) unsurprisingly doesn't have a credit facility, so the standing order would fail anyway if not enough in there, and can then be manually transferred later if that happens

Bobblehat

https://forums.moneysavingexpert.com/discussion/comment/81874819#Comment_81874819

I have been wondering about swapping my SOs over to Chase Saver from a vanilla CA elsewhere …. any downside that you've noticed? Not that I'm touting for your entry into the League Table (unless, of course, you'd like to!), but roughly how many SOs do you have leaving the Chase Saver? TIA.

Edit …. Oops just spotted your entry already in the LT 😣 … sorry!