The Top Regular Savers Discussion Thread

KneadtheDough

https://forums.moneysavingexpert.com/discussion/comment/82160045#Comment_82160045

Monmouthshire regular saver 9 

No problems here: I had my first payment accepted at the end of last week, credited the day after (I think) I sent it.

Born2Save_3

https://forums.moneysavingexpert.com/discussion/comment/82160864#Comment_82160864

A few suggestions, some may be more involved than others, and all are just from thought as I run a text file, no sophisticated spread sheets :

* Hide the truth - a tab to switch to when you don't want another person to see what you're really working on or see the amounts of money involved
* For the taxman - depends on how much annual interest you make; numbers for your self assessment
* Statistics - Monthly closures / maturities vs new opens;
+ number of accounts and money capacity breakdown by rate i.e. 8%A+, 7.5%A to 8%A, and so on;
+ monthly / annual / other period total profit;
+ current mean / average interest rate across all RS or combined EA and RS;
+ graphs of the previous;
* Predicted interest - combining your EA rate and RS rate for the amount invested
* Actual interest - what you've been paid and do your own calculation to verify; don't trust what you're paid to be right
* Withdrawal plan - if you need cash currently in RS, where and how you will get it out for the amounts needed
* Maturity notifications - Account, when by, action, done, accepted
* Relationship maintaining - Accounts you will use / have to keep a relationship with an organisation as they didn't offer an RS good enough
* Prospective accounts - accounts you've seen on moneyfacts / elsewhere that you're interested in and may apply for
* Prospective organisations - Relationships / accounts you'd like to open in expectation / hope of gaining some member privilege; maybe a member RS or good EA or something else
* Missed opportunities - RS you missed and why and what you can do to gain if offered again
* Passbook and Envelope locations - Where you have kept your passbooks and postage paid envelopes
* Telephone calls / other communication with organisations - When, who with, what about, outcome/actions. anything else important to you
* Complaints - organisation, interactions, outcome, escalation to ombudsman
* Log in / app use keep alive - for online access you rarely use, when you last used it and a reminder to use again by a certain time to keep it alive for when you need to use quickly to open an account
* Organisation persuasion - for when you're speaking to an organisation that doesn't offer RS currently, a list of points why it would be beneficial for them and their current and future customers to offer a good RS

HTH

andyhicks88

Maybe others have already seen this but I found this quite useful little tool that let's you stack all your RS's and let's you know exactly how much interest you will get from them combined, the effective rate of your stack and how much more your RS's earn versus the highest EA account available.https://depositscout.com/savings-calculator#savings-stacker under the tab 'regular saver stacking'

janusd

https://forums.moneysavingexpert.com/discussion/comment/82160864#Comment_82160864

if it helps, @Bridlington1 did create a dedicated thread for spreadsheet discussion…

https://forums.moneysavingexpert.com/discussion/6652859/the-banking-savings-spreadsheet-discussion-thread

friolento

https://forums.moneysavingexpert.com/discussion/comment/82161312#Comment_82161312

It's a kind of nice idea but it can only stack up to five regular savers - many forumites have massively more than 5 at any one point in time. It also assumes that they all start on the same date, which is an unrealistic assumption.

castle96

I opened a Skipton 7% reg saver yesterday. Have account No. Seems to have gone now?? What is the max. monthly pment pl TIA

friolento

https://forums.moneysavingexpert.com/discussion/comment/82161410#Comment_82161410

You mean issue 7. 5.75%. £250 . Still there if you google

Pickledonionlover

https://forums.moneysavingexpert.com/discussion/comment/82161410#Comment_82161410

Skipton 7% RS?

DealSeeker11

https://forums.moneysavingexpert.com/discussion/comment/82161418#Comment_82161418

Did you mean Skipton Issue 7?

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82161418#Comment_82161418

Issue 7 maybe?