Saga: 3 Year Fixed Rate Savings Account

Provider:
Saga
Account:3 Year Fixed Rate Savings Account
Account type:Savings Account
Tax status:Taxable
Rates & conditions
Headline interest rate 2.00% AER
Interest rate type Fixed for 36 months
Interest payment frequency Monthly
Rate tiers
Gross Rate Excluding Bonus Gross Rate Including Bonus AER
£1 1.98% 1.98% 2.00%
Introductory bonus

No introductory bonus payable.

Interest rate guarantees

There are no interest rate guarantees.

Interest payment options to another savings account / to bank account
Opening the account
Minimum age 50 years
Maximum age -
Minimum deposit £1
Account opened
Branch
Post
Phone
Internet
Account restrictions

no

Managing the account
Minimum balance £1
Minimum withdrawal £1
Minimum additional deposit £0
Maximum balance £10,000,000
Withdrawal conditions

Withdrawal Conditions -
Withdrawals and closure permitted. If a withdrawal is made in the 1st year of the product then there will be a penalty of 270 days loss of interest. If a withdrawal is made in the 2nd year of the product then there will be a penalty of 180 days loss of interest. If a withdrawal is made in the 3rd year of the product then there will be a penalty of 90 days loss of interest.

Transactions
Branch
Post
Phone
Internet
Statement frequency annually
Additional information

This account is provided by Birmingham Midshires.