How many regular savers do you have? - The League Table

Bobblehat

My figures for June.

22 RSs all fully funded, (Mrs Bobble has dropped a few, down to 5 … Principality 6 month'ers not replaced.)

Funding £6,810

Total savings in RSs in June £55,560

Annual Return £4,563

Weighted average 6.27%

Minimum rate for new RS 5.10%

fabsaver

I've had to cull some of my lower interest accounts in order to fund my regular savers this month. Latest figures:

Number of RS: 60

Weighted Average %: 5.48

Min % for new RS: 5.00

ljayljay

I'm impressed that people can manage so many.

Between myself & wife we have 10. I have started to space them out so that we have one maturing each month of the year. I need to set up two more for July & August & then I'm done.

Out of curiosity how can people even have so many? I think I would struggle to identify more than 10 x 2 = 20. Do some organisations allow you to have more than one?

surreysaver

My updated figures for end of May

59 regular savers; £12,864 monthly funding and average 6.13%. There's a few at 5% which only have the minimum in in case they become competitive at a later date; otherwise I fully fund at 5.15% and above. Total value £92,627.40.

Once the beginning of July comes, I'll have exhausted my cash float, so may have to withdraw from one or two, or not fund some. But we'll see.

masonic

https://forums.moneysavingexpert.com/discussion/comment/81987034#Comment_81987034

My total number of RS is holding steady at 14 until my Monmouths mature in late July.

Funding: £4,250 PCM

Value: £48,850

Annual return: £3,165

Weighted average rate: 6.48%

Minimum rate for new RS: N/A - running down to replace money flexibly withdrawn from ISA

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/82019084#Comment_82019084

I've replied on The Top Regular Savers Discussion Thread.

I'll send my figures for inclusion on the league table later in the week owing to upcoming maturities.

Bobblehat

https://forums.moneysavingexpert.com/discussion/comment/82019084#Comment_82019084

…..Out of curiosity how can people even have so many? I think I would struggle to identify more than 10 x 2 = 20. Do some organisations allow you to have more than one? …..

Pop over to the …

The Top Regular Savers Discussion Thread

Bridlington1 has listed many many RSs that you may be eligible to apply for. Yes, quite a few Banks/ BSs allow you to hold more than one at the same time.

A spreadsheet helps you to manage the monthly payments and maturities efficiently.

allegro120

My May update. Funded 45 RSs with £11700, weighted average 6.21%.

kermchem

For many reasons I am probably at "peak RS", so here are my numbers

Funding 20 accounts (once Teachers applied for today is open). Plus 3 in OH's name

Monthly funding for me is £6200 but will not be sustained, current value £22600, weighted average 6.13%. Minimum - well I am funding 4.85% but would probably not open below 5.0%.

Kim_13

I shall be back at 26 once Teachers BS is open, thresholds for new accounts now 5.5% fixed or 6% variable.

I don't have my totals yet as awaiting Loughborough Holiday Monthly Saver proceeds to be redeployed among higher paying accounts.