Saga savings options expanded
www.moneynews.co.uk > Banking > Saga savings options expanded
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Saga savings options expanded
Wed 3rd Oct 2007
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A one-year fixed-rate bond is available from October 4th and offers a rate of 6.77 per cent gross (6.98 per cent AER).
Meanwhile, the two-year fixed-rate bond provides a 6.58 per cent gross rate and 6.76 per cent AER.
Additionally, Saga's new 30-Month Trigger Guaranteed Equity Bond can give investors a high return from the stock market with no risk of losing capital. It is linked to the FTSE 100 index over 30 months but offers a 22 per cent gross return (8.24 per cent AER).
Savers of all types who open or maintain a Saga online savings account will receive an additional 0.10 per cent between October 4th 2007 and March 2008 - which raises the rate to 6.30 per cent. Existing customers are included in the deal.
In July, Saga announced the introduction of its 50:50 Guaranteed Equity Bond.
Related News : Banking |
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Related News : Saga |
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