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

Middle_of_the_Road

Down to 18 as YBS and Coventry I've not renewed. Minimum rate to open is 5%. £4650 funded per month.

poolboy

I m still funding 7k pcm into 30 accounts but reckon my balance is now 50k. I m a serial switcher and complainer too when things go wrong. I got 50 GBP compo as new bank messed up some DD s.

If I had a spreadsheet I d know my weighted avg %, I thought 5.5 but looking at others may be 6.

Well done everyone

Bridlington1

My figures are as follows:

• Total number of RSs- 35 including one maturing tomorrow but excluding one currently in process of opening so these cancel out
• Weighted average: 6.34%

Bobblehat

https://forums.moneysavingexpert.com/discussion/comment/82023653#Comment_82023653

Thanks @Bridlington1 …. I guess there are a lot of forumite RS fans who have at least one in the process of opening if the comments on the "Top RS" thread are anything to go by! I know myself and Mrs Bobble are keeping a close eye on proceedings 😀

I'll leave the update until Sunday in case there are a few more anxiously awaiting news from TBS and would like to add another (or two) to their tally 😀.

I guess the huge interest in RSs lately is a combination of a couple of good rates and the relative dearth in the last month or two of anything remotely exciting!

Hattie627

I haven't returned figures for a while.

I currently have 53 RS's open (as of 4th June).

(I have assumed in that number that my Teachers BS "Everyone" RS is open; still waiting for the third email and for the account to show online with the 10 digit account number; initial payment has been made).

Monthly payments: £13,830 due to be paid on 1st July

Weighted average:- too difficult, sorry.

Current minimum interest rate before opening account :- 5% (I have recently culled a few paying 4% something)

My plan over the next 12 months is to reduce the total number and be more selective in opening new ones.

k12479

37 (solo), £10,360/month, £96,466 current value, £5116.66/annually, 5.30% weighted, min. 4.75%.

Bridlington1

The Latest League Table Has Now Been Added to P1 Of This Thread

Thanks to @Bobblehat for supplying it. Please find the latest version below where it shall remain for future reference.

A reminder that if you wish to be included in future versions of this league table, please post your figures in this thread and they shall be included in the next update. If you wish to discuss anything else relating to regular savers please use The Top Regular Savers Discussion Thread.

dcs34

Little update from me:

• Regular Savers: 42
• Per Month: £13,310
• Current Balance: £116,425
• Weighted Average Rate: 6.00%
• Minimum Rate for Funding: 5.05% (i.e. anything > 5%)

Will be quite a change next month once my Loughborough BS 1 Year Super Saver (Local & Loyal) matures with its £26k balance!

CeliaSeas

I now have 10, and £3.300 per month to fund.

Afahmaep

Current number 58

Value £112,500

Monthly £13,500

Interest £6318

Weighted Avg 5.62%

Opened Teachers and funded 4th June (member since 2013)

Opened Virgin and funded 10th June (previous RS matured 2nd June) Lucky!