Fight inflation with our easy access savings account

Stay in the know

Get all our latest money stories and exclusive offers direct to your inbox. Sign up here.

Group of happy older friends jogging in a city park

Image credit: Shutterstock/ Rido

By Michaela Twite | Published - 10 Mar 2026

Disclaimer

This article is for general guidance only and is not financial or professional advice. It contains promotional content and links to financial products. All figures and information in this article are correct at the time of publishing. Laws, entitlements, tax treatments and allowances may change in the future. Before you make any decisions, you should get independent professional advice.

It can be confusing to know what’s best for your savings. Choosing to keep your funds in a ‘safe’ but low-interest account linked to your current account may be counterproductive, if it means their real value gets eroded by inflation. But chasing offers which look good, but come with strings attached, may be unhelpful too.

Some big-name banks have savings accounts paying 1% or less. This means that, with the latest UK rate of inflation around 3.2% for the year to January 2026, and currently expected to rise, your savings won’t be keeping up. So you’ll effectively be losing money as the cost of living increases faster than your savings.

On the other hand, choosing an account that seems to offer all the bells and whistles might not be the win that it first seems. Many have introductory rates that fall away within months, a requirement for you to also have a current account or penalties for withdrawing your money. Some may also insist on a large deposit or drastically limit the amount you can save.

As experts in the needs of people 50 and over, Saga Money has created a savings account that offers you both stability and the opportunity to grow your investment.

The Saga Easy Access Savings Account, in partnership with NatWest, is designed to take care of your money as simply and efficiently as possible. Free of gimmicks, you will enjoy a competitive rate of interest and the choice to invest as little or as much as you want, secure in the knowledge that you will not be charged if you choose to withdraw some of your funds.

And if you need help, a UK-based customer care team is at hand to answer your questions.

Alex Edmans, Product Director for Saga Money says: “We know that our customers want a hassle-free way to grow their savings safely. Our Easy Access Savings Account has been designed especially for our over-50s market, so you know your money is growing with expert backing.

“More than 130,000 people save with Saga Money, which means your money will be deposited with a trusted provider.”

Your savings can expect a competitive rate of 4.00% AER/3.93% gross p.a. (variable), which includes a bonus of 1.25% AER (fixed) for 12 months. Interest is paid monthly.

The account also allows you to open it with as little as £1, and deposit up to £250,000 at one time (up to a maximum of £1 million). You can add or withdraw money whenever you want, with no fees. You can withdraw up to £10,000 at a time, and up to £20,000 in a 24-hour period.

How nice to know that, with just a few simple steps, your money will be working for you, freeing you up to spend time doing what you enjoy. Goodbye stress…

Don't miss out