Interest Rates

Variable rates effective from close of business .

Fixed rates effective from .
As these rates can change on a daily basis please ring 0800 028 3746 for our current rates.

The Hodge Bank Base Rate is currently 3.00%.

Variable Rate Accounts

90 Day Notice Account

Interest Rates: 90 Day Notice Account
 Gross Rate* p.a.Gross Rate* p.m.AER†Minimum DepositNotice Period
£1,000
£1,000
£1,000
£1,000
£1,000
£1,000

8 Day Notice Account

Interest Rates: 8 Day Notice Account
 Gross Rate* p.a.Gross Rate* p.m.AER†Minimum DepositNotice Period
£1,000
£1,000
£1,000
£1,000
£1,000

No Notice Account

Interest Rates: No Notice Account
 Gross Rate* p.a.Gross Rate* p.m.AER†Minimum DepositNotice Period
£1,000
£1,000
£1,000
£1,000
£1,000

Cheque Account

Please note that the cheque account is not available to new customers.
Interest Rates: Cheque Account
 Annual InterestMonthly Interest
Gross Rate %AER %Gross Rate %AER %
£50,000+0.000.000.000.00
£10,000+0.000.000.000.00
£5,000+0.000.000.000.00
£1,000+0.000.000.000.00
Below £1,000+0.000.000.000.00

Fixed Rate Accounts

IMPORTANT
: The interest rates on the 7 day, 1, 3 & 6 month fixed rate accounts can change on a daily basis. Please ring 0800 028 3746 for current rates.

7 Day Fixed Rate Account

Interest Rates: 7 Day Fixed Rate
BalanceGross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
n/a£1,000
n/a£1,000

1 Month  Fixed Rate Account

Interest Rates: 1 Month Fixed Rate
BalanceGross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
n/a£1,000
n/a£1,000

3  Month  Fixed Rate Account

Interest Rates: 3 Month Fixed Rate
BalanceGross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
n/a£1,000
n/a£1,000

6  Month  Fixed Rate Account

Interest Rates: 6 Month Fixed Rate
BalanceGross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
n/a£1,000
n/a£1,000

1 Year  Fixed Rate Account

Interest Rates: 1 Year Fixed Rate
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
£1,000

2  Year  Fixed Rate Account

Interest Rates: 2 Year Fixed Rate
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
£1,000

3  Year  Fixed Rate Account

Interest Rates: 3 Year Fixed Rate
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
£1,000

4  Year  Fixed Rate Account

Interest Rates: 4 Year Fixed Rate
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
£1,000

5  Year  Fixed Rate Account

Interest Rates: 5 Year Fixed Rate
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
£1,000

ISAs

Variable Rate  Cash ISA

Variable Rate Cash ISA
Gross Rate* p.m.Gross Rate* p.a.AER†

Junior Cash ISA

Interest Rates: Junior ISA
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum Deposit
n/a£500

1 Year Fixed Rate ISA

Interest Rates: 1 Year Cash ISA
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum DepositWithdraw Penalty Fee
£1,00090 days' tax free interest

2  Year Fixed Rate ISA

Interest Rates: 2 Year Cash ISA
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum DepositWithdraw Penalty Fee
£1,000180 days' tax free interest

3 Year Fixed Rate ISA

Interest Rates: 3 Year Cash ISA
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum DepositWithdraw Penalty Fee
£1,000270 days' tax free interest

4  Year Fixed Rate ISA

Interest Rates: 4 Year Cash ISA
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum DepositWithdraw Penalty Fee
£1,000320 days' tax free interest

5  Year Fixed Rate ISA

Interest Rates: 5 Year Cash ISA
Gross Rate* p.a.Gross Rate* p.m.AER†Minimum DepositWithdraw Penalty Fee
£1,000365 days' tax free interest

 

Glossary of Terms

Rate
This is the contractual rate of interest paid from which tax is deemed to have been deducted at the appropriate rate, currently 20%.
Gross Rate
The contractual rate of interest payable not taking into account the deduction of tax.
AER
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded each year. Please note the tax treatment or the rate of interest payable depends on the individual circumstances of each customer and may be subject to HM Revenue & Customs change in the future.
Tax Free
This is the rate payable where interest is exempt from tax.