Sagasavings Reviews 

66
TrustScore 2.5 out of 5

2.3

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Review summary

Created with AI, based on recent reviews

Considering 43 reviews, most reviewers were unhappy with their experience overall. People frequently encountered frustrating technical errors and complex security checks while attempting to verify their identity, such as broken camera features and rapidly expiring verification codes. Customers also struggled extensively with unhelpful customer service representatives who failed to resolve problems and left them waiting for long periods without proper assistance. Some reviewers were happy with the straightforward account opening process, noting that their applications were approved very quickly without unnecessary documentation delays. Others mentioned that transferring money in and out of the accounts was extremely convenient and fast once the initial setup was successfully completed.

What people talk about most

User experience

Reviewers highlight ambiguous aspects of user experience with the account opening process. While many... See more

Customer service

People report negative experiences with customer service, describing it as the worst they have ever... See more

Payment

Reviewers mention ambiguous feedback about payment, reflecting a wide range of differing experiences. While... See more

Application

Users describe ambiguous interactions with app and account verification processes. While some reviewers... See more

Website

Customers had negative experiences with website, describing the account opening process as a dreadful waste... See more

Reviews shaping this summary

Rated 1 out of 5 stars

Only recently setup account and then they start offering better rates for new customers. I asked for the new rate but they said i couldn’t have it as it was only for new customers. I then said i wante... See more

Rated 1 out of 5 stars

Just tried for the second time to go through the long process to open their new 4% savings account. You have to take a video of yourself, and when you get to taking a photo it cannot be changed to the... See more

Rated 1 out of 5 stars

I have also tried to open an easy access saver and It’s definitely more trouble than it’s worth. I applied, was then told to upload my ID and was then told that this hadn’t worked, so would need to... See more

Rated 1 out of 5 stars

new account backed by Natwest looks good - but is a trap. Once you've opened it there is no access to the new versions with higher rates - basically a kicking for existing customers. There's no work... See more


2.3

Poor

TrustScore 2.5 out of 5

66 reviews

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2.3

All reviews

(66)

44 reviews in the last 12 months

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Rated 1 out of 5 stars

Investment of savings with Saga

Invested with Saga Savings. They kept moving platforms so that I had to do extensive work to track my savings. When I rang them they said i had never invested with them making it hard to find my savings although I eventually did. Savins have been passed to Flagstone who have paid me no interest at all since Sept 25

15 January 2026
Unprompted review
Rated 1 out of 5 stars

Nightmare opening an account.

Just tried for the second time to go through the long process to open their new 4% savings account. You have to take a video of yourself, and when you get to taking a photo it cannot be changed to the front facing camera. You have to have a passport or driving licence to open the account. The short time you get to receive and enter the codes is ridiculous. I have given up.

7 January 2026
Unprompted review
Rated 1 out of 5 stars

There are better places for your savings

Low interest rates. Higher rates are available to new customers but I can't open a new account. Unlike with the excellent Coventry Building Society where I can open a second or third savings account with a better rate and move my money across.

28 August 2024
Unprompted review
Rated 1 out of 5 stars

Dreadful customer services.

I have a couple of accounts with Saga and today because I have 2 accounts with zero balance and I wished to close them I phoned up customer services.
I was closing these because I keep getting messages about changes in interest rates and it was for their benefit to close them.
What a farce, far too many security questions, extremely unhelpful and resulted in me stopping the call.
Unbelievable.

16 August 2024
Unprompted review
Rated 5 out of 5 stars

Always been good

Been with Saga for a while now, reccommend their savings accounts, easy to navigate and manage online. The Customer Service was also very responsive amd helpful when I needed them. Like everywhere you may not want to use them for absolutely everything but that doesn’t make them bad.

18 June 2024
Unprompted review
Rated 1 out of 5 stars

Refused to discuss poor rating

I rang to enquire about Saga savings and asked the Customer Service Advisor why there was a poor Customer Services poor rating on Trustpilot. She would not answer the question. Her sole interest was "selling" me an account. I will never use Saga again as I do not trust them.

27 March 2024
Unprompted review
Rated 1 out of 5 stars

I want to transfer my ISA

I want to transfer my ISA. AMAZED to find this is a time-wasting paper and post transaction! Why do they require a paper form to be signed as they DO NOT HAVE a signature of mine with which to compare it as everything to date has been transacted online. I wish I had looked at the comments on Trust Pilot before choosing to invest with them. My husband is in a similar situation and we will both be removing every penny we have with them ASAP.

30 November 2023
Unprompted review
Rated 1 out of 5 stars

Saga ISA process is antiquated

To transfer a Saga ISA out the process is still all paper, which delays things immensely. Then the funds are send by cheque to the new ISA provider. This also takes ages and in this day-and-age is completely ridiculous.

This is such a disappointment as previous to trying to transfer out the saving and ISA account I had with Saga were really good and I was very pleased.

I will not be using Saga savings again though, and would advise against anyone else doing the same.

12 October 2023
Unprompted review
Rated 4 out of 5 stars

Recommend as a savings provider

I’ve been with Saga Savings for over a year now. Easy to open accounts. Good rates of interest. Always able to get thru on the phone within 3/4 minutes during the day - unheard of during an era where all companies have recorded messages saying”we’re VERY busy”. Had a bit of a hiccup with them this week, sorted speedily. Would recommend.

21 July 2023
Unprompted review
Rated 1 out of 5 stars

Poor customer service

Have tried to contact saga about my savings account but was still waiting 25 minutes later after 7pm, if I was abroad how much would this cost,give up and emailed.THEY REPLY please wait longer as we are busy,I had asked for them to call me,i am so busy and you have my money making money for you.

13 July 2023
Unprompted review
Rated 1 out of 5 stars

Saga savings isa

Had various Saga accounts and one was an isa. I got a better rate of interest do I tried to transfer my isa to a new provider and first of all after 3 phones calls none of the customer service tell you they don't operate a back transfer service, it as to be done by post and they send a cheque out to the new provider, this is like going back 30 yes with posting cheques out and not using electronic back, but saga don't tell you until you complain that it's not been transferred. I opened 3 isa and each got rejected by sage stating they can't find my account. I miss the time scale to input funds into my new isa so had to close them. The time and effect dealing with this is just not worth it, I finally got ot done after numerous emails and complaints, every isa provider work with back transfer service for smooth operation for the customers but saga make its extremely difficult so you just leave the money with them. Worse isa service possible and way out of date

2 June 2023
Unprompted review
Rated 1 out of 5 stars

My mum rang today 18/1/23 at 10:22

My mum rang today 18/1/23 at 10:22, was quite shocked at how the lady spoke to her, gave little to no time to let my mum speak and give the security questions which made my mum upset and ended up crying as she was panicking so she was forced to ask me for help, when I was asking for the information she rattled it off, which I ended up telling her to slow down as even I struggled to comprehend what she was saying, they are supposed to be an over 50’s savings company but don’t know how to deal with the older generation, spoke to quickly so my mum couldn’t absorb the information she was given. The customer service people need to be trained properly/ differently to help the older generation better. Ended up going online and sorting it myself for her, was told that it couldn’t be transferred into an ISA which I had no problem in doing online, so why have a customer service centre in the first place. All they have have cause today is unnecessary stress for my aging mother. Will not be using them again unless the call centre staff are retrained appropriately.

18 January 2023
Unprompted review
Rated 5 out of 5 stars

I had some money in Saga and wanted to add to it

I had some money in Saga and wanted to add more but lost my pin number, so I phoned them and spoke to
Sarah who was brilliant and had loads of patience with me as I couldn't work out how to complete getting back on my Saga account, I couldn't thank her enough as she talked me through every move until I finally achieved it which took me ages as im not good on that sort of thing. Well done Sarah I hope Saga appreciates you.

13 January 2023
Unprompted review
Rated 1 out of 5 stars

I can’t emphasise enough how…

I can’t emphasise enough how dissatisfied I am with SAGA.
I opened up an ISA account with them awhile ago – I have attempted to transfer the I say into a new provider on three occasions now – as saga only accept ISA transfer forms via the post rather on the electronic system that EVERY other provider uses - it’s caused incredible difficulties meaning months and months of me not actually being able to transfer my money out of my SAGA ISA. I would strongly advise no one to open an ISA with SAGA as you’ll never be able to transfer it elsewhere! Antequated and very old school company.

6 January 2023
Unprompted review
Rated 5 out of 5 stars

My experience was good

My experience was good, and luckily I didn't run into any of snarfs that some of the reviewers here unfortunately did, how frustrating for them :-/ Saga Savings has been a good home (aka minimising loss with the present inflation rate) for my savings, for the past 3 months, and the online system works well. I'm now moving on, to Coventry Building Society, as presently they've the best combo of interest rate, max deposit, accessibility, etc. The closure had to be done by phone, on 0800 028 1701, though it was all handled very efficiently. And I learnt on the call that you don't need to wait till your monthly interest is applied, before closing. Whatever interest you've earned up to the date of closure, is first applied to the account. They'll offer to post you out a transaction listing, or you can download a PDF online. Oh, and before you hang up, don't forget to ask for a Tax Certificate (aka S975 Certificate Of Interest I think) to be posted out, which you'd likely need for your Self Assessment Tax Return, if you do one. As per most current and savings accounts, oddly these things are not sent automatically.

30 December 2022
Unprompted review
Rated 2 out of 5 stars

The dark ages of banking

A good website. But ISA transfers are done as they were in the dark ages: if you want to transfer your ISA to another provider, SAGA require your signature and not a lot of banks realise this. When SAGA eventually do the transfer, they send a cheque to your new provider. Yes, a cheque. My transfer is still not complete after 10 weeks.

12 December 2022
Unprompted review
Rated 1 out of 5 stars

Not easy at all

Created an account, which was straightforward
I was unable to verify details with my Bank
The Bank confirmed this happens occasionally with on-line accounts, however I was not reassured
Decided to make a small transaction and yet it would not go through
Will go with another savings provider

9 November 2022
Unprompted review
Rated 5 out of 5 stars

Easy to set up

Easy to set up. The instructions clearly state that your linked account will not be able to verify a Saga account and sort code. Transferred £1 from a linked account and it was in my new Saga account in 5 minutes.

8 November 2022
Unprompted review

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