4.60%
1 Year Fixed Rate Bond - Annual
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Choose from a range of fixed term bonds, from as little as one to as many as five years.
Our fixed rate saving accounts can often give you better interest rates than our other accounts, but there’s a few things you’ll need to consider before opening one.
Find out more about our Fixed Rate Bonds savings accounts.
Your nominated bank account is the account you register with us when you open your savings account, and is the one you’ll use to send money into your new Hodge account.
To help keep your money safe and protect against fraud, we’ll only accept deposits from this account, and we’ll always transfer money back to it too – whether that’s interest payments, withdrawals, or maturity. If your nominated bank account changes because you switch banks, let us know as soon as possible.
There are a few great benefits to putting your cash into fixed bond savings, including:
We can’t accept joint applications for fixed rate bonds at the moment. We’re working hard to make this possible via our online platform, and hope to make the necessary changes in the near future.
Anyone depositing a lump sum of at least £1,000 can take advantage of our fixed rate savings bonds. However, you should only consider this type of savings account if you won’t need to access your money for a fixed period. Additionally, if you’re a regular saver, fixed bond savings may not be suited to you as, after opening your account, you’ll have a set period of time to deposit your money, then after that you won’t be able to add anything else.
A fixed bond savings account allows you to put your cash away for a set amount of time where it’ll earn a fixed amount of interest. During this period, you won’t be able to access your money, but you may get to benefit from a higher interest rate than our other types of savings accounts.
Fixed rate savings bonds are usually best suited to those depositing a large amount of money. The longer your fixed term, the higher interest rates you’ll unlock – allowing you to really let your money do all the heavy lifting.