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

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Comments

  • solartom
    solartom Posts: 60 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper

    @Bobblehat @topyam

    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 02/02/2024
  • AndyTh_2
    AndyTh_2 Posts: 405 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 22 March at 9:34PM

    down to 17 now as I'm closing some more to move into gilts now.

    5.40% min, something like 6.28% weighted average

  • Kim_13
    Kim_13 Posts: 4,274 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic

    March update


    27 Regular Savers, £2,360 monthly, £26k total, 6.34% average.

  • FishInGlass
    FishInGlass Posts: 191 Forumite
    Sixth Anniversary 100 Posts Photogenic Name Dropper

    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%.

  • allegro120
    allegro120 Posts: 2,514 Forumite
    1,000 Posts Third Anniversary Name Dropper

    My March update.

    53 RSs funded. £15520 deposited. Weighted average 6.18%.

  • Bobblehat
    Bobblehat Posts: 1,187 Forumite
    Eighth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper

    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.

  • fabsaver
    fabsaver Posts: 1,323 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    My latest updates:

    68 RS accounts actively funded

    Weighted average 5.35%

    Minimum rate for new accounts remains at 4.75%

  • Zippy29
    Zippy29 Posts: 25 Forumite
    10 Posts Name Dropper

    My update - currently have 23 RS; weighted average 5.83%; minimum for new accounts 5.25%. Thank you.

  • clairec666
    clairec666 Posts: 1,200 Forumite
    1,000 Posts First Anniversary Name Dropper

    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.

  • masonic
    masonic Posts: 29,739 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 4 April at 6:18PM

    "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).

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