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Historical Interest Rates for Saga Savings Accounts
Please see below the historical interest rates paid on the different variable Saga Savings accounts.
Saga Secure Savings Account (annual interest)
|
Gross* |
AER+ |
| 01/09/2005 |
4.25 |
4.25 |
| 01/09/2006 |
4.50 |
4.50 |
| 01/12/2006 |
4.75 |
4.75 |
| 01/02/2007 |
5.00 |
5.00 |
| 01/06/2007 |
5.25 |
5.25 |
| 01/08/2007 |
5.50 |
5.50 |
| 01/01/2008 |
5.25 |
5.25 |
| 01/03/2008 |
5.00 |
5.00 |
Saga Secure Savings Account (monthly interest)
|
Gross* |
AER+ |
| 01/09/2005 |
4.17 |
4.25 |
| 01/09/2006 |
4.42 |
4.50 |
| 01/12/2006 |
4.65 |
4.75 |
| 01/02/2007 |
4.89 |
5.00 |
| 01/06/2007 |
5.13 |
5.25 |
| 01/08/2007 |
5.37 |
5.50 |
| 01/01/2008 |
5.13 |
5.25 |
| 01/03/2008 |
4.89 |
5.00 |
Saga Online Savings Account (annual interest)
|
Year 1 |
Year 2 |
Year 3 |
|
Months 1-6 |
Months 7-12 |
|
|
Gross* |
AER+ |
Gross* |
AER+ |
Gross* |
AER+ |
Gross* |
AER+ |
| 15/08/2007 |
6.20 |
6.20 |
6.20 |
6.20 |
5.75 |
5.75 |
5.50 |
5.50 |
| 04/10/2007 |
6.30 |
6.35 |
6.20 |
6.35 |
5.75 |
5.75 |
5.50 |
5.50 |
| 10/12/2007 |
6.05 |
6.09 |
5.95 |
6.09 |
5.50 |
5.50 |
5.25 |
5.25 |
| 12/02/2008 |
5.80 |
5.83 |
5.70 |
5.83 |
5.25 |
5.25 |
5.00 |
5.00 |
| 15/04/2008 |
5.55 |
5.58 |
5.45 |
5.58 |
5.00 |
5.00 |
4.75 |
4.75 |
Saga Online Savings Account (monthly interest)
|
Year 1 |
Year 2 |
Year 3 |
|
Months 1-6 |
Months 7-12 |
|
|
Gross* |
AER+ |
Gross* |
AER+ |
Gross* |
AER+ |
Gross* |
AER+ |
| 15/08/2007 |
6.03 |
6.20 |
6.03 |
6.20 |
5.60 |
5.75 |
5.37 |
5.50 |
| 04/10/2007 |
6.20 |
6.35 |
6.15 |
6.35 |
5.60 |
5.75 |
5.37 |
5.50 |
| 10/12/2007 |
5.95 |
6.09 |
5.90 |
6.09 |
5.37 |
5.50 |
5.13 |
5.25 |
| 12/02/2008 |
5.70 |
5.83 |
5.65 |
5.83 |
5.13 |
5.25 |
4.89 |
5.00 |
| 15/04/2008 |
5.47 |
5.58 |
5.42 |
5.58 |
4.89 |
5.00 |
4.65 |
4.75 |
+ AER stands for Annual Equivalent rate and illustrates what the interest rate would be if interest was paid
and compounded once each year.
* Gross refers to the contractual rate of interest payable before the deduction of income tax at the rate
specified by law. Interest is payable gross subject to receipt of certification as required by HM Revenue & Customs
or net of basic rate income tax at the appropriate rate (currently 20%). Non-tax payers may be able to reclaim
this tax from HM Revenue and Customs.
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