isa with saga - has it closed?

cagneyfan

Hello all,

I was trying to loo up some more info on this isa, but all that comes up is info on a 3 year fixed deal. Is that because they've closed the 2 year deal, or am I doing something wrong?

2 Year Fixes:


Saga Fixed Rate ISA - 3.60% AER
Minimum deposit: £30,000+ (to qualify for the higher rate).
Monthly interest option available? Yes. See here for monthly interest rates.
Notes: Fixed for two years from account opening. Balances totalling £1 - £29,999 receive a rate of 3.50%.

DaveJo

Yes, the 2yr was withdrawn end of business 12/04/10 and interest on 3yr reduced from 3.9% to 3.75%.

There are several 2 yr accounts still offering 3.5% - see moneyfacts.co.uk

brewerdave

My wife applied for 3yr FR SAGA ISA early in April to transfer Scot Widows ISA into when the rate was 3.9%.
Account was opened and we received confirmation from SW that cheque had been issued to SAGA mid April. Since then nothing.
SAGA wouldn't speak to me as I'm not the acc. holder and as my wife works its very difficult for her to phone.
Anyone else having problems with SAGA??

brewerdave

Finally got a letter yesterday (8th May) confirming that the SAGA ISA for my wife had been funded on 23rd April!!Why it takes over two weeks to tell us they have rec'd the cheque, God alone knows but at least they honoured the rate available (3.9%)when she first applied.