Variable Interest Rate Accounts
Hodge Bank variable rate accounts offer the choice of a deposit account to suit most requirements.
Our variable accounts offer interest credited to your account on an annual basis on 31st March or on the following business day if this falls on a non-working day. Alternatively interest can be paid on a monthly basis. Interest is paid on all balances above £1,000.
We keep you fully updated on the amount deposited into your account and the interest accrued by issuing statements on your account on a quarterly basis.
The maximum aggregate amount permitted in personal deposits is currently £1,000,000, including those balances held in our fixed rate accounts.