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

surreysaver

https://forums.moneysavingexpert.com/discussion/comment/81877745#Comment_81877745

After the horse has bolted and you've already been filmed

clairec666

https://forums.moneysavingexpert.com/discussion/comment/81877778#Comment_81877778

Pensioners?

I was also in that situation during the Covid years, and I'm nowhere near being a pensioner. Low income but high savings. Although with interest rates at rock bottom in those years, I was nowhere near paying tax on interest.

daz378

I have renewed my first direct regular saver…and Santander regular saver..progressive rs still going…and coop regular saver still going..so i I'm on 4...that will do for now been off a couple of month with a broken ankle that needed surgery..hopefully back in next month..but may need liquidity

Bobblehat

https://forums.moneysavingexpert.com/discussion/comment/81877821#Comment_81877821

Best wishes for a speedy recovery.

Newly_retired

My figures are out of date as several RS have matured including Coventry Home Saver from which I have withdrawn a large sum. I have not yet renewed all the closed ones. Unfortunately I don’t have ones maturing each month.

Bobblehat

https://forums.moneysavingexpert.com/discussion/comment/81878405#Comment_81878405

Not being up to date is not a problem from the table's point of view 😀

The people who are interested in viewing the figures will just probably regard the figures as a limited snapshot in time anyway. Feel free to update all or any of your figures as and when you are able. I'm grateful for your participation in the table and the thread. 😀

CeliaSeas

My impression from what I have so far gleaned is that 12 is the optimum number, with one maturing every month. So I'm aiming for that.

So far I have 5, and mostly maturing on the same month😄. As you can see it's taking me a while to get up to speed and no doubt I have lots more to learn😁

Bobblehat

https://forums.moneysavingexpert.com/discussion/comment/81878491#Comment_81878491

Yes, 12 RSs are good for a monthly ladder .. one maturing roughly each month to go on to fund the rest of the RSs next payments, if you can arrange to structure it this way. It all depends on the amount of funding you have available, so I've got to the point where I'm funding 24(+), so 2 are maturing each month … roughly! So each month I'm looking to "replace" the two maturing RSs … but some months can't resist an extra tasty one that appears, or end up looking at my list of "potentials" if one of the maturing ones doesn't have a suitable direct replacement.

There is no "one way" of doing RSs, so people mix and match different tactics to suit their needs, …. and funds.

CeliaSeas

Thanks @Bobblehat I like the idea of the monthly ladder where things neatly slot into place. Well, I can but hope!

Chaykin

I'm currently on 33:

BoS, Co-op, Darlington, Dudley, First Direct, Furness x2, Halifax, Hanley Economic x2, Lloyds x2, Manchester x2, Mansfield, Monmouthshire x3, Nationwide, Newcastle x2, Principality x6, Scottish, Skipton x2, Vernon, West Brom, Zopa