Why choose a Saga Easy Access Savings Account
Start saving with just £1
Pay in anything from £1 up to a maximum balance of £250,000.
No fees or charges
Transfer money in and out without fees or charges.
UK-based contact centre
A dedicated Customer Care Team available to help.
Save with a name you trust
Saga have served the over 50s for more than 70 years.
What is the interest rate?
Interest rate without bonus
(underlying interest rate)
3.24% AER / 3.19% gross* (variable)
Interest rate with bonus
(bonus rate of 0.49% gross for first 12 months)
3.75% AER / 3.69% gross* (variable)
*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. Interest is calculated daily and paid monthly into this account.
A few things you need to know.
- The Saga Easy Access Savings Account is provided by Goldman Sachs International Bank, and is available to UK residents aged 18 and over
- You can transfer money in and out of this account as often as you like -There are no fees or charges, and you can pay in anything from £1 up to a maximum balance of £250,000. For your safety there is a £20,000 daily withdrawal limit for online transactions - you can withdraw a larger sum by calling our team and they will arrange it for you
- The interest rate on this account is variable, which means it can change at any time. However, the 12-month bonus rate is fixed and will not change.