Skip to content
Back to Insurance
Back to Holidays
Back to Saga Money
Back to Saga Magazine
Two older people high fiving

SAGA EASY ACCESS SAVINGS ACCOUNT

The Saga Easy Access Savings Account gives you the freedom to access your savings at any time.

Saga Savings accounts, provided by Goldman Sachs International Bank, are available to UK residents aged 50 and over.

The benefits

  • 4.30% AER / 4.22% gross* (variable) including a bonus rate of 0.49% gross (fixed) for the first 12 months
  • Start saving with just £1
  • No fees or charges

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. Gross is the interest rate before tax is deducted.

A few things you need to know.

What is the interest rate?

Interest rate without bonus

(underlying interest rate)

3.79% AER / 3.72% gross* (variable)

Interest rate with bonus

(bonus rate of 0.49% gross for first 12 months)

4.30% AER / 4.22% gross* (variable)

Interest is calculated daily and paid monthly into this account.

 

What would the estimated balance be after 12 and 24 months based on a £1,000 deposit?

Projected balance after 12 months

(interest rate of 4.30% AER, includes bonus rate of 0.49% gross* for 12 months)

£1,043.00

Projected balance after 24 months

(only the underlying interest rate of 3.79% AER is paid for months 13 to 24)

£1,082.53

This projection assumes that you do not make any withdrawals or further deposits and that interest is paid into this account. This is for illustrative purposes only and doesn't take into account your individual circumstances.

 

Happy mature hiker with a smile on his face while standing on top of a hill with a backpack.

Saga Easy Access Savings Account

Open an account today.

Get started

Frequently asked questions

Need help? We've created a list of commonly asked questions about Saga Savings accounts provided by Goldman Sachs International Bank.

If you need any help with your online application, please call the customer care team.

Financial Services Compensation Scheme

Your eligible deposits with Goldman Sachs International Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

This limit is applied to the total of any deposits you have with Goldman Sachs International Bank (GSIB) under any brand, including Saga Savings (where the Saga Savings account is provided by GSIB), and Marcus by Goldman Sachs. Any total deposits you hold above the limit between these brands are unlikely to be covered.

You can find out more about how the scheme protects your money by visiting the FSCS page.

The Saga Easy Access Savings Account and Saga Cash ISA are provided by Goldman Sachs International Bank. Goldman Sachs International Bank is registered in England and Wales (no. 1122503), authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The Financial Services Register number for Goldman Sachs International Bank is 124659 and the registered office is at Plumtree Court, 25 Shoe Lane, London, EC4A 4AU.

Saga Personal Finance is a registered trading name of Saga Personal Finance Limited: Company Registration No. 3023493.