Introducing the new BAGMA Bank Regular Savings Account

The New BAGMA Bank Regular Savings Account – an introduction from John Collins, Managing Director, BAGMA Bank.

BAGMA bank is looking to increase its depositor base and encourage more members into opening a savings account with their Trade Association bank.

As you will be aware, at BAGMA bank we aim to deliver benefit to BAGMA members in terms of savings products and rates which remain at the front end of the market.  Having identified a small gap in our savings products, I am delighted to introduce to you the new REGULAR SAVINGS ACCOUNT which is now available to all BAGMA members, their families, staff, BAGMA affiliates and BAGMA staff.

Having researched the regular savings account market-place, we are bringing you an account which pays a higher rate of interest than our existing accounts in return for your regular deposits. It’s an open-ended account (unlike many in the market-place) which means you can save for large purchases without being bound by a 12-month contract and, with 2 withdrawals per annum, it should suit most savers’ needs.

Full details can be found on the BAGMA bank website including Application Forms and Terms and Conditions. As with all our savings accounts, your deposits are protected under the Financial Services Compensation Scheme (limitations apply).

So, whether you are saving for a specific project or you are a serial saver looking for a suitable home for your savings pot, simply go to the website and complete the forms or talk to us about this or other products.

Product Features: –

  • 2% interest pa variable
  • 2 withdrawals per annum
  • Savings between £25 and £500 pm
  • Business or personal