Saga say: We've increased the interest rates on our accounts

By Email:

We wanted to share the good news that the underlying interest rates on our Easy Access Savings Account and Maturity Saver have gone up.

The increase will be applied to your account(s) automatically. You started earning interest at the new rate on 29 September 2021.

New underlying interest rate Previous underlying interest rate
0.50% AER/gross* (variable) 0.40% AER/gross* (variable)

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. Gross is the interest rate before tax is deducted.

I might be able to afford an extra café coffee once a month, then … :roll_eyes:

3 Likes