With £1,000 or more to deposit for a period of one year you can earn interest by placing funds in a 1 Year Fixed Rate Account.
No withdrawals are permitted on an account after the initial deposit. You can however invest in as many fixed rate accounts as you like.
0.50%
Gross Rate* – interest paid annually and compounded.
0.50%
Gross Rate* – interest paid monthly and paid away.
If you’re looking to open a new fixed rate savings account, you can apply online in under 10 minutes.
You can apply for this account by post by downloading the application form below
Our Customer Service Team is available
Monday 9am - 5pm, Tuesday 9am - 5pm, Wednesday 9.30am - 5pm, Thursday 9am - 5pm, Friday 9am - 5pm
If you’re looking to open a new fixed rate savings account, you can apply online in under 10 minutes.
*Gross
Is the contractual rate of interest payable before the deducation of income tax at the rate specified by law. The payment can be made annually or monthly.
§Compounded interest and interest paid away
Compounded interest is interest that rolls up annually and is paid on maturity of the account. Interest paid away means the interest isn’t compounded over the term of the account. It is placed into a designated current account every month
Tax Free
This is the rate payable where interest is exempt from tax.
Why not browse our range of other accounts to see which might suit you best.
Your eligible deposits with Hodge Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme.
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We do the right thing for our customers and are committed to providing good service. Banking with us is stress-free and straightforward.