Saga Telephone Saver Issue 7

Full product details for the Saga Telephone Saver Issue 7 savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts, structured investment plan and peer to peer saving.
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Saga Telephone Saver Issue 7 Features & Benefits

Account TypeEasy Access 
Minimum Initial Deposit1,0001000
Rate Typevariable 
Headline Interest Rate2.2%2.20.
Headline Interest Balance25,00025000.00.
Maximum Number of WithdrawalsUnlimitedUl
Online Accessno 
Branch Accessno 
Phone Accessyes 
Introductory BonusvariesA variable introductory bonus is payable, dependent upon the account balance, which for balances of between £1,000 and £24,999 is 1.50% and for balances for £25,000 and over is 1.70%.
Introductory Bonus Conditions12 month intro bonusBonus Conditions - The introductory bonus is payable for 12 months from account opening.
Interest Rate Guaranteesaft 12 mths rate no < bbr -2% min 0.25%After the introductory period has expired, the interest rate is guaranteed to be no lower than 2% below the Bank of England Base rate, in addition the account will not exceed 8% AER or be less than 0.25% AER.
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