Saga two year fixed rate savings account paying 2.10%

Saga Savings has announced the issue of the new Saga 2 Year Fixed Rate Savings Account, rewarding savers who deposit a minimum balance of £1 up to £10m with an attractive 2.10% GROSS / AER fixed with interest paid annually. The new, limited issue, account is available from 18th July and customers will be able to access funds by post subject to a charge.

Andrew Strong, chief executive, Saga Personal Finance, commented: “This new attractive rate is ideal for savers who want peace of mind with a set rate of interest. As with all of Saga’s accounts there is the option for people to receive their interest monthly or annually, which is key for many over 50s who rely on their savings to boost their monthly income.”

For more information, visit saga.co.uk.