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

Kim_13

27 Regular Savers, £2,360 monthly, £28,210 total, 6.38% average. This should hold until May unless any new ones come up.

Afahmaep

56 Regular Savers, £14.800 monthly, £101,500 total,

5.80% weighted average

Next maturing saver in June so will be using my flexible ISA

(approx £30k) to fund May and June payments

Bobblehat

https://forums.moneysavingexpert.com/discussion/comment/81962333#Comment_81962333

Impressive figures 😀 … they will be in the next update.

Which reminds me …. @topyam …… there's an update pending in your PMs. Cheers!

subjecttocontract

Bad news, I thought I had zero reg savers BUT just discovered I still have ONE..…can't get rid, can't close, have to leave a min of £1 in it until maturity....it's a Progressive Rainy Day Saver iss4......open at your peril !

Bobblehat

https://forums.moneysavingexpert.com/discussion/comment/81962645#Comment_81962645

I understand your disappointment!

I had you right down at the bottom of the table (mainly due to the "s" and the sort order), but you've been promoted to 11th from bottom 😀

My Progressive Rainy Day RS matures on 28th April and I'm leaning towards not even bothering to keep the EA it matures into, which I usually do for the majority of Banks/BSs. I've got a couple of weeks to come off the fence. 😀

allegro120

My figures for April. Funded 47 RSs, deposited £12150, weighted average 6.21%

Dizzycap

I'm down to 25 Regular Savers, £6,510 monthly, £78,120 total, 6.28% average. This will remain until June when 2 mature, unless any new RS are offered.

masonic

https://forums.moneysavingexpert.com/discussion/comment/81950170#Comment_81950170

I'm now down to 14 RS; £4,250 PCM funding; Value £44,600; Annual return based on current balances: £2,887 (weighted average rate: 6.5%).

bioboybill

Sorry if this has been asked before, but how do you work out the weighted average when you have loads of RSs that start at different times and run for different lengths?

masonic

https://forums.moneysavingexpert.com/discussion/comment/81987090#Comment_81987090

The weighted average rate on any particular day will be based on the balance of each account on that day. It is the total interest accrued on that date divided by the total balance held on that date across your RSs.