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Being nosey... How many Regular Saver accounts do you have?
Comments
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update 39 x RS including 1 that matures end of month
68250 total holding
8910 monthly funding
not funding 7 of above RS
6.20 % averag
Mortgage Free 02/02/20242 -
down to 17 now as I'm closing some more to move into gilts now.
5.40% min, something like 6.28% weighted average1 -
March update
27 Regular Savers, £2,360 monthly, £26k total, 6.34% average.2 -
My monthly update for 1st Apr
Down to 14 accounts. Closed 2 Principality 4s (one early), Co-op and Club Lloyds
April activity. Likely open new Co-op and Lloyds later this month subject to availability. Nothing maturing this month.
April funding to be £5410 with the total balance on the 1st of the month being approx. £35,500
Minimum rate needed for any new account is 5.75%.1 -
My March update.
53 RSs funded. £15520 deposited. Weighted average 6.18%.
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Thanks for the updates folks.
I just noticed that in the past few table updates I have entered my updated data into the table without mentioning it in the thread. I'll rectify that from now on …. maybe it'll be of interest to thread contributors?
My April stats are 25 (down 1 RS) while Mrs B gained two and currently has 6. I am struggling to find suitable replacements for a couple of matured or about to mature RSs and unless something new pops up during April, I may dip out and have a "RS bagging" holiday for a month (or two?). April contributions are £7,510, with a current value of £53,690 and projected interest for the 25 of £3570. The weighted av is 6.32% and 5.10% or better is what I'm trying (with difficulty!) to stick to for new ones.
I could come off the fence on a couple of possibilities, but the motivation is currently low with a couple of minor but annoying health problems clouding my enthusiasm🙁.
Keep those updates coming … I'll keep amending the table …. it's oddly therapeutic 😀
Update to table due shortly after Easter …. Cheers.
Compiler of the RS League Table.
Being nosey... How many Regular Saver accounts do you have? — MoneySavingExpert Forum4 -
My latest updates:
68 RS accounts actively funded
Weighted average 5.35%
Minimum rate for new accounts remains at 4.75%
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My update - currently have 23 RS; weighted average 5.83%; minimum for new accounts 5.25%. Thank you.
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I've still got 23 regular savers, but only really funding 16 of them (those 6% and above). Total savings are going to be whittled down when I get a completion date for my flat. Not opening anything new at the moment…. although I'd be tempted if anything at 7% came along. Or probably 6.5%. And I'll be re-opening First Direct and Co-op when they mature in the next month or so.
3 -
"Still" 17 RS (missed off a recently opened one and had one mature since last update); down to £4,900 PCM funding; Value £43,050; Annual return based on current balances: £2,809 (weighted average rate: 6.5%); Min accepted rate: Still N/A (in rundown)
My 2 x Principality 6m RS mature over the next month. I have been a good boy this time and not made 7th payments (although I've always got away with this in the past).
3
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