Saga
Telephone Saver Issue 7
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General

Gross Interest Rate2.20%
Rate includes 1.50% bonus for 12 months from £1,000 to £24,999. 1.70% bonus for 12 months from £25,000 to £1,000,000
AER2.20%
Rate includes 1.50% bonus for 12 months from £1,000 to £24,999. 1.70% bonus for 12 months from £25,000 to £1,000,000

Opening

Method of opening accountTelephone
Minimum age of account holder50
Minimum deposit£1
Maximum deposit£1,000,000
Contact details for opening0845 850 0664
Go to SAGA Website
Saga Personal Finance, Enbrook Park, Sandgate, Folkestone, Kent CT20 3SE.

Ongoing

Frequency interest paidAnnually - a monthly option is also available
Interest fixed untilVariable
Details of any bonus rates1.50% bonus for 12 months from £1,000 to £24,999.
1.70% bonus for 12 months from £25,000 to £1,000,000
Minimum ongoing balance£1
Compound interest or paid into separate accountBoth

Closing/Accessing funds

Withdrawals allowedYes
How withdrawals are madeTelephone
Early access penaltiesNo
Notice requiredNone

Accounts For Over 50s

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