Saga Online Top 5 Tracker Account
A new secure way to save
STOP PRESS: If you have a Saga Online Savings Account
We will automatically upgrade your account to the new Saga Online Top 5 Tracker Account on 9 May 2008. We will write to you by 31 May 2008 to give you full details.
The Saga Online Top 5 Tracker Account is a secure account managed by you over the internet offering an excellent rate of interest.
The Saga Online Top 5 Tracker Account Guarantee
The Saga Online Top 5 Tracker Account comes with a guarantee until 31 May 2010. Since the companies offering the best variable rates of interest tend to change from week to week, it is difficult to be sure that you have found a good rate for your investment. With the Saga Online Top 5 Tracker Account the interest paid will be no more than 0.25% gross* below the previous monthly average of the five top variable rate internet accounts (as quoted by Moneyfacts). The rate on your account will change accordingly on the first banking day of each month without you having to do anything.
To apply for the Saga Online Top 5 Tracker accounts please click on the appropriate button below:
Take advantage of some of our fantastic features
- Fair savings – The interest rate is guaranteed to be no more than 0.25% gross* lower than the average of the top 5 best buy variable rate internet accounts
- Flexible savings – Anything from £1 to £5 million
- Adaptable, accommodating savings – No restrictions on the number of transactions you can make
- Convenient savings – Access your account at any time day and night
- Top 5 savings – A high performing rate of annual interest that will move with the market
- Interest Options – Receive your interest annually or monthly
You will be able to view the rates paid on the Saga Online Top 5 Tracker Account each month by visiting this website.
| Annual Interest | Monthly Interest | ||
|---|---|---|---|
| As at 7 May | 6.25% gross/AER* | As at 7 May | 6.25% gross/ 6.43% AER* |
Rates are correct as at 07/05/2008
The Saga Online Top 5 Tracker Account offers you a great interest rate for your savings along with a clear commitment of what will happen to your interest rate and when.
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added once each year. Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. The deposit taker for the Saga Online Top 5 Tracker Account is Birmingham Midshires, a division of Bank of Scotland plc, which is authorised for accepting deposits by the Financial Services Authority. It is entered in the FSA's Register and its Register Number is 169628. Registered office: The Mound, Edinburgh EH1 1YZ. The Saga Online Top 5 Tracker Account is available only to UK residents aged 50 and over.