Splitting between loans on Rate Setter

Personally I have a floor for each market below which I try not to go.  I look at my preferred market(s) and see how much money is below my floor rate (if any) and then judge where the money will be lent fastest.  I prefer to get the money lent out quickly so I view any 0.1's above my floor as a bonus (I grab them as keenly as others when they are available though) so I tend to not have money on the market for more than 2 days.

For me this is a daily task (lent over 10K yesterday) since I have a fair sized investment ..... but I will always run my accounts manually.

To me one of the attractions of RS is the speed at which you can 'move' money.

That's about it, but 'convenience' and time expended also plays a fair part in my decisions.  For me RS is 'low maintenance' in comparison to other 'opportunities', another point that appeals to me.

EDIT - I'm actually getting better returns than I have from other comparable platforms so perhaps it is slightly misleading to compare it with the returns at other similar platforms.  In other words I find the current rates more than acceptable taking all factors into account.

I think someone did the sums and worked out that you would be better off waiting 17 days for a 0.1% rate increase. Fortunately, there are usually 2 spikes in the 5 year rates (the same is probably true on the other markets but I don't watch those as closely), about mid-month and at the end of the month, and a definite dip at the beginning of the month. Since about August last year the spikes have always reached 5.7% (except over Christmas possibly) and most of them got to 5.8% and began to nibble the 5.9%. I think one might have just got to the 6% offers. In other words, since last August it has not been worth bidding 5.6% or less because you'd have always got 5.7% within 17 days. But, to lend your money same day on the first Monday of the month you'd probably have to go as low as 5.3-5.4%.

Past performance is no guarantee of future returns, yada yada.