The Top Easy Access Savings Discussion Area

snowqueen555

eskbanker said:

snowqueen555 said:

I notice the Saga account requires you to be 50 or over and rules me out.

Where does it say that?  The summary box at https://www.sagasavings.co.uk/uk/en/savings states "To open an account in either sole or joint names you must be aged 18 or over and be a UK resident (including for tax purposes)"

I've looked at the front page and didn't look further

Whether you're saving for a holiday, dreaming of a new car or just want to put something aside for a rainy day, it's important to choose a savings account that suits you best. Available to UK residents aged 50 or over, new Saga Savings Account products are provided by Goldman Sachs International Bank.

snowqueen555

p.s from https://www.saga.co.uk/money/savings

I-LOV-MONEY

snowqueen555 said:

Whether you're saving for a holiday, dreaming of a new car or just want to put something aside for a rainy day, it's important to choose a savings account that suits you best. Available to UK residents aged 50 or over, new Saga Savings Account products are provided by Goldman Sachs International Bank.

Use Marcus instead.

snowqueen555

I-LOV-MONEY said:

snowqueen555 said:

Whether you're saving for a holiday, dreaming of a new car or just want to put something aside for a rainy day, it's important to choose a savings account that suits you best. Available to UK residents aged 50 or over, new Saga Savings Account products are provided by Goldman Sachs International Bank.

Use Marcus instead.

Marcus are not accepting new accounts. I'm going to use paragon now at 0.65%, ust checking to see if their savings account does any hard searches.

colsten

snowqueen555 said:

I-LOV-MONEY said:

snowqueen555 said:

Whether you're saving for a holiday, dreaming of a new car or just want to put something aside for a rainy day, it's important to choose a savings account that suits you best. Available to UK residents aged 50 or over, new Saga Savings Account products are provided by Goldman Sachs International Bank.

Use Marcus instead.

Marcus are not accepting new accounts. I'm going to use paragon now at 0.65%, ust checking to see if their savings account does any hard searches.

Savings accounts don't need hard searches as you are not applying for credit.

snowqueen555

colsten 

Marcus are not accepting new accounts. I'm going to use paragon now at 0.65%, ust checking to see if their savings account does any hard searches.

Savings accounts don't need hard searches as you are not applying for credit.

I'd like to think so, once bitten twice shy. I've had so many hard searches in the past year that have finally dropped off when applying for normal bank accounts, just waiting for confirmation.

kaMelo

snowqueen555 said:

colsten 

Marcus are not accepting new accounts. I'm going to use paragon now at 0.65%, ust checking to see if their savings account does any hard searches.

Savings accounts don't need hard searches as you are not applying for credit.

I'd like to think so, once bitten twice shy. I've had so many hard searches in the past year that have finally dropped off when applying for normal bank accounts, just waiting for confirmation.

You won't have a hard search for a savings account, at best an ID search is all that will take place. You are not a credit risk with a savings account so no need to do a hard search.

eskbanker

snowqueen555 said:

eskbanker said:

snowqueen555 said:

I notice the Saga account requires you to be 50 or over and rules me out.

Where does it say that?  The summary box at https://www.sagasavings.co.uk/uk/en/savings states "To open an account in either sole or joint names you must be aged 18 or over and be a UK resident (including for tax purposes)"

I've looked at the front page and didn't look further

Whether you're saving for a holiday, dreaming of a new car or just want to put something aside for a rainy day, it's important to choose a savings account that suits you best. Available to UK residents aged 50 or over, new Saga Savings Account products are provided by Goldman Sachs International Bank.

snowqueen555 said:

p.s from https://www.saga.co.uk/money/savings

Strange!  I hadn't realised there were effectively two separate versions of their product data - the one you quote from at www.saga.co.uk and the one linked from the MSE article at www.sagasavings.co.uk

However, even at the former one, the FAQ at https://www.saga.co.uk/money/savings/frequently-asked-questions also states 18 as the minimum age, no idea why they publish inconsistent data.  I think I'd be more inclined to believe the product summary box and the FAQ rather than marketing blurb in a headline but I suppose there's only one surefire way to find out if they accept applications from under 50s, i.e. try it!

Consumerist

From: https://www.saga.co.uk/money/savings

Important notice to customers: Beware of these scams

Fake website scam

We have been made aware of a scam where a company is impersonating Saga Savings on a fake website. This website is not associated with Saga Personal Finance, Saga Savings, Goldman Sachs International Bank or the Saga Group.

The correct website for Saga Savings is www.sagasavings.co.uk.

GO FIGURE

MoneyMan01

So the highest paying easy access savings account is now 0.57% with RCI?

With these savings account's dropping their rates every day is there any point to opening one? What is everyone else doing as I am looking at options of where to put the remaining money I have after maxing out Premium Bonds.