Compound interest is interest paid on the initial principle as well as the accumulated interest on money you have invested. You earn interest on the money you deposit, and on the interest you have already earned.
Can't find what you are looking for?
Check our FAQs or talk to one of our helpful customer service team
Our Customer Service Team is available
Monday 9am - 5pm, Tuesday 9am - 5pm, Wednesday 9.30am - 5pm, Thursday 9am - 5pm, Friday 9am - 5pm
Hodge is a trading name of Julian Hodge Bank Limited which is registered in England and Wales (No. 743437). It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Its registered office is One Central Square, Cardiff, CF10 1FS.