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SAGA's very short terms...

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"
 

Comments

  • wmb194
    wmb194 Posts: 4,365 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    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

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