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Saga Easy Access Savings Account

The Saga Easy Access Savings Account gives you the freedom to access your savings at any time. Saga Savings accounts, provided by Goldman Sachs International Bank, are available to UK residents aged 50 and over.

Saga Easy Access Savings Account

The benefits

  • 0.60% AER* (variable) including a bonus rate of 0.10% gross (fixed) for the first 12 months
  • Start saving with just £1
  • No fees or charges
You can transfer money in and out of this account as often as you like. There are no fees or charges, and you can pay in anything from £1 up to a maximum balance of £100,000. For your safety there is a £20,000 daily withdrawal limit for online transactions – you can withdraw a larger sum by calling our team and they will arrange it for you. 

The interest rate on this account is variable, which means it can change at any time. However, the 12-month bonus rate is fixed and will not change.

What is the interest rate?

Interest rate without bonus
(underlying interest rate)

0.50% AER / gross (variable)

Interest rate with bonus
(bonus rate of 0.10% gross for first 12 months)

0.60% AER / gross (variable)

Interest is calculated daily and paid monthly into this account.

What would the estimated balance be after 12 and 24 months based on a £1,000 deposit?

Projected balance after 12 months
(interest rate of 0.60% AER, includes bonus rate of 0.10% gross for 12 months)


Projected balance after 24 months
(only the underlying interest rate of 0.50% AER is paid for months 13 to 24)


This projection assumes that you do not make any withdrawals or further deposits and that interest is paid into this account. This is for illustrative purposes only and doesn't take into account your individual circumstances.

Frequently asked questions

Need help? We've created a list of commonly asked questions about Saga Savings and provided helpful answers here.

Get started

If you need any help with your online application, please call the customer care team

Financial Services Compensation Scheme

Your eligible deposits with Goldman Sachs International Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

This limit is applied to the total of any deposits you have with Goldman Sachs International Bank (GSIB) under any brand, including Saga Savings (where the Saga Savings account is provided by GSIB), and Marcus by Goldman Sachs. Any total deposits you hold above the limit between these brands are unlikely to be covered.

You can find out more about how the scheme protects your money by visiting the FSCS page.

*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.

The Saga Easy Access Savings Account and the Saga 1 Year Fixed Rate Saver are provided by Goldman Sachs International Bank. Goldman Sachs International Bank is registered in England and Wales (no. 1122503), authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The Financial Services Register number for Goldman Sachs International Bank is 124659 and the registered office is at Plumtree Court, 25 Shoe Lane, London, EC4A 4AU.

Saga Personal Finance is a registered trading name of Saga Personal Finance Limited: Company Registration No. 3023493.