Saga Fixed Rate Bonds

Compare Saga Fixed Rate Bonds With The Market

If you are a saver aged 50 or over.  Locking up your savings for a fixed period in a Saga fixed rate bond could mean better returns on your cash. See below to compare Saga fixed rate bonds with other fixed rate bonds on the market - use the table below to compare a wide range of competitive deals from other leading providers:

ProviderAccountInterest RateTermApply
5.00%Current Account
Instant Access
More Info >
5.00% interest for 12 months on balances up to £2,500 for the first year. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). 12 month fee-free arranged overdraft available. No monthly fee. Must be aged 18 or older.
1.00%Instant AccessMore Info >
Earn 1.00% gross/AER Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR, the French deposit protection scheme. Manage account online.
5.00%Current Account
Instant Access
More Info >
5.00% interest on balances up to £2,000 PLUS 5% cashback on first £100 of Contactless payments every month. Must pay in a minimum of £500 into the account each month. No monthly account fee.
0.95%Easy AccessMore Info >
Earn 0.95% tax free/AER variable. Open with £100. Unlimited free withdrawals. Transfer in ISAs held elsewhere - no limit


per annum

£1,000More Info >
Earn 1.95% gross/AER fixed for 5 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest.


per annum

£1,000More Info >
Earn 1.55% gross/AER fixed for 30 months. £1,000 minimum deposit. Interest paid on maturity.


per annum

£1,000More Info >
Earn 1.50% gross/AER fixed for 3 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available


per annum

£1,000More Info >
Earn 1.46% fixed interest - 24 month term - Minimum deposit £1,000 - Interest paid on maturity - No withdrawals permitted - FSCS Protected
1.50%Current Account
Instant Access
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Monthly Interest of 1.50% AER (variable) payable on your entire balance up to £20,000 (3.0% AER until 1st November 2016). Monthly Cashback on selected household bills. Must pay in £500 into the account each month.


per annum

£10,000More Info >
Earn 1.30% fixed interest - 1 year term - Minimum deposit £10,000 - No withdrawals - FSCS Protected


per annum

1 YearMore Info >
1.10% gross/AER fixed for 1 year. £1,000 minimum opening balance. Withdraw cash early if you need to (subject to loss of interest).
1.00%Current Account
Instant Access
More Info >
Innovative new banking service powered by Clydesdale and Yorkshire Banks. Get your current account and instant access savings account working together. Earn 1% AER on ALL instant access credit balances, and 0.5% AER on current account balances up to £2,000 until 30 November 2016. From 01 December 2016 the rate will be 0.25% AER (0.25% gross p.a. variable). INTRODUCTORY OFFER: Free for the first 12 months.
0.75%Easy AccessMore Info >
0.75% gross/AER on balances from £1,000 to £1 million. Guaranteed to be at least 0.50% above Base Rate** until 31st December 2017. Unlimited withdrawals without restriction or loss of interest.

Features of Saga fixed rate bonds include:

  • 1 and 2 year terms available
  • Earn a fixed interest rate across the whole term, so you always know how much interest you will earn
  • You can choose to receive yearly interest or monthly interest, to suit your requirements..
  • No additional deposits are permitted during the term of the plan
  • The Saga Fixed Rate Savings Accounts are available only to UK residents aged 50 and over
  • At the end of the 3 year term, Saga will reinvest your funds into a variable rate easy access savings account, unless instructed otherwise
  • Invest any amount from £1 to £10 million, you can invest up to £20million in a joint account
  • Withdrawals are allowed by post on terms of 2 years and above subject to a charge and notice period , both of which will vary depending on the length of time the plan has been in place


Before you decide you could compare the features of the Saga fixed rate bond against other leading fixed rate savings products using the free comparison table above.


In addition to comparing different fixed rate savings products you may want to also consider other types of saving plan such as:


Tracker bonds

Another sort of bond, instead of your interest rate staying the same over the bonds term it can may go up or down in response to any changes made to the Bank of England’s base rate of interest, which it tracks. This means you may get a better or worse interest rate. As a result of this it is not possible to predict how much you will get in return at the end of the investment like you can with a fixed rate bond.


Structured deposits

Structured deposits also require you to lock your savings away without access for a period of time. They normally offer higher potential interest rates than bonds, but you are not guaranteed to receive any interest payment there is a risk you will only get your original deposit back at the end of the term. This is because structured deposits work by being linked to a share index or indices, like the FTSE 100. Getting an interest payment from this type of plan depends on if the index the plan is tied to performs in the way set out by the terms and conditions of the structured deposit.


Instant access savings accounts

Instant access savings accounts tend to accrue lower rates of interest than other savings plans like bonds or structured deposits, but they allow you take unlimited withdrawals.  

Cash ISA Selection
ProviderPlan NameDeposit TakerISA OptionTermMaximum Potential ReturnMore Info
Kick Out Deposit PlanInvestec Bank plcyesUp to
6 years


per annum

More Info >
Capital protected deposit plan with the potential to mature after years 3, 4, 5 and 6. If the plan matures early it will return 3% times the number of years the plan has been in force. Also available for Cash ISA and ISA transfer.
Important Information: Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.