SAGA storms market with two year bond - Savings - News |

News News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

SAGA storms market with two year bond

SAGA storms market with two year bond

Category: Savings

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 It is now over 6 months old so the content may be out of date.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 launched a new issue of its 2 Year Fixed Rate Savings bond paying a highly competitive rate of 3.80% to savers aged 50 and over.

Investments range between £1 and £10 million and further additions can be made whilst the issue is open.

Funds can be accessed early, although this is subject to penalty depending on the outstanding term. Savers with up to two years remaining will incur 180 days' loss of interest, while those with a year or less will lose 90 days' worth of interest.

The account can be operated by post only.

This product has been awarded four out of five Moneyfacts stars.

Find the best savings accounts for you - Compare fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.