New product launch for 'easy access' to savings

Monday, 17 May 2010 12:00

An easy access savings account is to be launched by Saga this week for those aged over 50.

The product will offer an AER of 2.75 per cent and unlimited access to information in the account.

Ali Crossley, from Saga Personal Finance, believes customers will get more rewards and security in retirement, stating: “This . is the latest addition to our range of high-interest savings options to suit all needs.”

The account caters for savings up to £1 million and does not restrict the amount of withdrawals that can be made.

Saga also offers an ISA with an AER of 2.6 per cent, which similarly gives easy access to money and experts are on hand to provide advice on managing savings.

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