Fixed rate savings account

Saga Fixed Rate Savings Accounts, provided by Birmingham Midshires, are ideal if you want to be sure what rate of interest your money will earn.  

See below for more details.

Earn up to 2.55% gross/AER fixed on balances of £50,000+
Money Icon

Fixed Rate Savings Account

Our Fixed Rate Savings Account is for simple lump sum deposits and are designed for those looking to earn a set rate of interest. See below for more details.

Fees and charges

These charges will be taken from your account balance.

Administration charges

Account withdrawal – varies

Under some circumstances, you’ll incur a charge for making a withdrawal. For example, you’ll be charged if you withdraw funds immediately on an account with a notice period. The charge will be clearly stated in the terms and conditions of your account.

Telegraphic Transfer – £35

We can make a same day transfer of money from your account directly to another UK bank account electronically. To do this the charge is £35 and we will require your instruction in writing no later than 12.00 noon Monday to Friday.

The deposit-taker for Saga Savings Accounts is Birmingham Midshires, a division of Bank of Scotland plc, which is authorised for accepting deposits by the Financial Services Authority. It is entered on the FSA Register and its number is 169628. Registered office: The Mound, Edinburgh, EH1 1YZ (Registered in Scotland No. SC327000).

 

For details of the Financial Services Compensation Scheme click here, for historical rates of previous savings products please click here, or for our full privacy policy please click here.