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

Bridlington1

Bobblehat said:

Bridlington1 said:

Bobblehat said:

2nd attempt ...

Still wrong for number 6. 

Edit: just noticed 3 is correct building society but wrong account. 

You're a hard quizmaster! I give up! 

Darlington 12 Month RS Issue 1 is number 6.

Bobblehat

Bridlington1 said:

Bobblehat said:

Bridlington1 said:

Bobblehat said:

2nd attempt ...

Still wrong for number 6. 

Edit: just noticed 3 is correct building society but wrong account. 

You're a hard quizmaster! I give up! 

Darlington 12 Month RS Issue 1 is number 6.

You got me! 

slinger2

I've got 12 the moment. 5 Principality, 2 Monmouthshire and 5 providers with just 1. Normally I don't open them unless I've already got some sort of account with that provider already. Monmouthshire is the latest exception to that rule.

talexuser

7 but only 5 at fixed rate, so 2 have come down since opening. Still better than easy access though.

Bridlington1

Bobblehat said:

Bridlington1 said:

Bobblehat said:

Bridlington1 said:

Bobblehat said:

2nd attempt ...

Still wrong for number 6. 

Edit: just noticed 3 is correct building society but wrong account. 

You're a hard quizmaster! I give up! 

Darlington 12 Month RS Issue 1 is number 6.

You got me! 

To be fair you did well, same for @Kim_13. In the past when I've done quizzes people have usually struggled to get more than about 10% in them so among some I do have something of a reputation.

It couldn't've been Coventry RS6 for number 6 though, £500/mth max and rate's 4.15% these days.

For number 3 it was their Regular Saver (30.06.2026) specifically but it could just as easily've been any one of many issues of that account.

The idea for this slight game wasn't exactly original to be fair, on a different site someone posted a list of their accounts (combination of regular savers, current accounts and EA accounts) but redacted the names of the accounts and who they're with and I worked out which accounts they had, deduced they were in alphabetical order and identified a few typos in the list, so I thought I'd apply the same principle to regular savers.

saajan_12

Wowza, amazed at some of the numbers here! Only have 2, linked to my 2 current accounts (burned once when my main bank had issues). Generally don't intend to have too much in fixed income, both from a tax and growth perspective.

However I did wonder if it could be neat to have 12 if you could get them at the same monthly contribution. Open a new one each month to spread out the opening admin. Then after the first year, you have one maturing each month, with the cash going out to the other 11, and the 12th bit to re-start with the same bank that's just matured. That could circulate the same money each month, so its always earning the higher Regular Saver rates, rather than having (much) money in a lower paying easy access ready to fund. I suppose in practice the dates might not quite line up etc.  

booneruk

Wow indeed!

I have zero! I loaded up a 4.5% or so 5 year fix with just enough to fill my PSA (interest paid monthly). I have some cash in ISAs, but anything else I need to save I now stick into short term low coupon gilts.

Eco_Miser

saajan_12 said:

Wowza, amazed at some of the numbers here! Only have 2, linked to my 2 current accounts (burned once when my main bank had issues). Generally don't intend to have too much in fixed income, both from a tax and growth perspective.

However I did wonder if it could be neat to have 12 if you could get them at the same monthly contribution. Open a new one each month to spread out the opening admin. Then after the first year, you have one maturing each month, with the cash going out to the other 11, and the 12th bit to re-start with the same bank that's just matured. That could circulate the same money each month, so its always earning the higher Regular Saver rates, rather than having (much) money in a lower paying easy access ready to fund. I suppose in practice the dates might not quite line up etc.  

That would be good, but generally the higher paying accounts don't stick around long enough to risk waiting until the ideal time for your planning, and several tend to turn up at once.  Many RS are easy access, so it makes sense to hold money in those rather than a normal easy access account, whether or not you can get the timings to match your calendar.. 

Bigwheels1111

My Grand Total, 21.

Regular Savers List

1, Principality         6.0% Max £ 50   £1171.40

2, TSB                     6.0% Max £250  £3000.00

3, Principality         7.5% Max £125  £1800.00

4, Principality         7.0% Max £200  £1000.00

5, M Harborough 6.0%    Max £250 £3500.00

6, Coventry 5.75% Max £250 £2750.00

7, Progressive 5.5% Max £300 £2700.00

8, Zopa 7.5% Max £300 £2100.00

9, West Brom 6.0% Max £250 £2250.00

10, M Harborough 6.0% Max £250 £2750.00

11, Principality 5.4% Max £ 50 £ 350.00

12, First Direct 7.0% Max £300 £1800.00

13, Skipton 6.25% Max £250 £1500.00

14, Virgin Money 6.5% Max £250 £ 750.00

15, Principality 7.5% Max £200 £ 600.00

16, Principality 7.5% Max £200 £ 600.00

17, Principality 7.5% Max £200 £ 400.00

18, Monmouth 6.0% Max £500 £1500.00

19, Monmouth 7.0% Max £1000 £3000.00

20, Nationwide 6.5% Max £200 £ 400.00

21, YBS 6.0% Max £ 50 £ 100.00

Total For October £34,021.40

subjecttocontract

Questions:-
1. Should the Nat West & RBS reg savers still be considered as reg savers once they reach a balance of £5000 and no further regular deposits are made into the accounts ?
2. Should an account that starts off being a regular saver but which has regular deposits suspended still be considered as a regular saver ?