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Category: Retirement Date: 3/31/2011
SAGA has improved the rate of interest on its no notice ISA Saver account that is available to those aged 50 and over.
The second issue of the cash ISA account pays 2.80% (2.76% monthly) on a minimum investment of £500.
The account is operated by post and includes a 1.20% (1.17% monthly) bonus for 18 months.
Transfers in are permitted and transfers out can be made without penalty.
Paying 2.80%, it sits within the top ten variable rate ISA products.
Clients must remember to undertake a review after 18 months when the bonus expires to ensure the product is still competitive in order to obtain the best returns from their investment.
Four out of five Moneyfacts stars have been awarded.
Looking for a Cash ISA - Compare cash isa rates and best isa rates for transfers Request a FREE ISA Savings brochure now
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at anytime.