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Saga launches Internet savings account

Saga launches Internet savings account

Category: Savings

Updated: 31/10/2008
First Published: 13/09/2007

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Saga has expanded its range of over 50s accounts with the launch of a new internet account Online Savings, paying a best buy rate of 6.20%. While this rate is very competitive, Northern Rock are paying 6.30%, which doesn't include a bonus, like the Saga deal. Coventry's Sixty-Plus eSave offers the top-paying rate of 6.40% for the over 60's.

Don't always assume that these specialist savings accounts always offer the best rates. Better rates can often be found on accounts available to the whole market. For example, Sainsbury's 6.25% savings account tops the Internet savings accounts best buys.

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 Any products featured may be withdrawn by their provider or changed at any time.

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