Hodge Bank, One Central Square, Cardiff, CF10 1FS.
With £1,000 or more to deposit for a period of one year, you can earn tax free interest by placing your funds in our 1 Year Fixed Rate Cash ISA.
Once you’ve funded the account, you will not be permitted to make any additional deposits during the fixed term.
For access to your account before the end of the fixed rate period, an exit fee of 90 days equivalent tax free interest will be charged.
Please note, if you are applying for either of the following types of accounts these cannot be opened online:
For these accounts you can download an application form from our website here, or call our Customer Service team on 0800 028 3746 and we will send it to you.
Gross Rate* – interest paid annually and compounded.
Gross Rate* – interest paid monthly and paid away.
Unfortunately we are unable to accept ISA transfers online.
If you have an existing ISA that you want to transfer, this can be done with an ISA Transfer application form.
This must be downloaded, completed and returned to us. Select the product you’re looking to transfer your ISA to from the list, and you’ll then be able to download the ISA Transfer application form. Alternatively download from the button below.
You can choose to receive your interest monthly or annually on your new account. Select from the options below.
You can apply for this account by post by downloading the application form below
Apply for a new account in under 10 minutes… If you're looking to open a new fixed rate savings account, you can apply online in under 10 minutes Alternatively you can download an application form or call us on 0800 028 03746.
With effect from 6th April 2020, the ISA subscription limit remained at £20,000 for anyone eligible to invest in an ISA.
The full £20,000 of the new ISA allowance can be saved in a cash ISA or a stocks and shares ISA with one provider.
It can also be split between a cash ISA and a stocks and shares ISA with either the same or another provider.
Please note Hodge Bank does not provide a stocks and shares ISA.
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.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded each year.
§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
Why not browse our range of other accounts to see which may suit you best
Your eligible deposits with Hodge Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme.
Doing the right thing is what we aim to do in all areas of our business – it guides our decisions.
We do the right thing for our customers and are committed to providing good service. Banking with us is stress-free and straightforward.