We offer a range of deposit accounts, you can find a full list of our accounts here.
A variable rate offers you a rate of interest that can go up and down. With a fixed rate, you know in advance what your interest rate will be over your selected account term.
The tax year runs from 6th April to 5th April the following year. The 2019 – 20 ISA allowance is £20,000 which can be saved in any combination of cash, stocks and shares and/or peer-to-peer investments. Hodge only offers cash ISA’s.
The tax year runs from 6th April to 5th April the following year. The 2020 – 21 ISA allowance is £9,000 which can be saved in any combination of cash, stocks and shares and/or peer-to-peer investments. Hodge only offers cash ISA’s.
No, if you don’t use it, you lose it.
You cannot open more than one Cash ISA, one Stocks and Shares ISA and one innovative finance ISA in each tax year. Apart from that restriction, there are no limits on how many you can have. So if you opened one ISA every year for 10 years, you could have 10 ISA’s.
To access your account before the end of the fixed rate period, an exit fee will be charged. You can transfer all of your account at any time by writing to us, however there will be a fee for the withdrawal, details of which will be outlined in the Terms & Conditions of your account.
You must be an individual aged 18 or over and you must be resident in the UK (excluding the Channel Islands and the Isle of Man) for tax purposes.
The minimum deposit amount depends on the type of account you open with us. Our ISA minimum deposit is £1,000, Junior Cash ISA’s £500 and Fixed Rate and Notice Accounts £1,000.