1 Year Fixed Rate ISA

The Saga 1 year fixed rate ISA provided by Birmingham Midshires is available now for cash ISA deposits for the 2015/2016 tax year.  

  • Rates are fixed for the term of the product
  • Deposit your money tax free
  • You can deposit up to £15,240 in a cash ISA
  • Transfer some or all of your previous years' ISA subscriptions and/or all of your current tax year subscriptions
  • Withdrawals allowed, subject to a withdrawal charge
  • Choose yearly or monthly interest. 
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The Saga 1 year fixed rate ISA offers a fixed rate of tax free interest for a fixed period.

AER stands for Annual Equivalent Rate and illustrates what the rate of interest would be if interest was paid and compounded once each year. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Tax free is the contractual rate of interest payable where interest is exempt from income tax.

Tax treatment depends on your individual circumstances and may change.

The deposit taker for Saga Savings accounts is Birmingham Midshires, a division of Bank of Scotland plc, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628. Registered office: The Mound, Edinburgh, EH1 1YZ. Registered in Scotland No. SC327000. 

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