SAGA's very short terms...

The_stingemeister

What do we think of the short terms and decent rates below? Never seen such short time periods for savings accounts. "See some of our rates for 3, 6 and 12 month savings accounts below:

12 Month Fixed SmartSave   5.69% AER*/5.69% Gros   6 Month Fixed SmartSave   5.43% AER*/5.36% Gross     3 Month Fixed ABC Bank   5.16% AER*/5.07% Gross"

wmb194

The_stingemeister said:

What do we think of the short terms and decent rates below? Never seen such short time periods for savings accounts. "See some of our rates for 3, 6 and 12 month savings accounts below:

12 Month Fixed SmartSave   5.69% AER*/5.69% Gros   6 Month Fixed SmartSave   5.43% AER*/5.36% Gross     3 Month Fixed ABC Bank   5.16% AER*/5.07% Gross"

I was wondering why we're seeing other banks' names in your post but it actually appears to be 'Saga powered by Flagstone' rather than Saga aka Marcus by Goldman Sachs as per its instant access account.

https://www.saga.co.uk/money/savings/saga-savings-platform