Savings rates
Rates reviewed daily · last updated 8 October 2026
Savings rates
All rates AER · Updated October 2026
Rates shown are AER and correct as of October 2026.
Fixed Rate
| Account | AER | Term | Interest paid | Min Balance | |
|---|---|---|---|---|---|
| 1 Year Fixed Rate Bond | 5.01% | 1 Year | Annually or Monthly | £1,000 |
Cash ISA
| Account | Transfers in | Min Balance | |||
|---|---|---|---|---|---|
| 1 Year Fixed Rate Cash ISA | 4.92% | 1 Year | Not accepted | £1,000 | |
| 5 Year Fixed Rate Cash ISA | 4.91% | Full closure only, 365 days interest penalty | Not accepted | £1,000 | |
| 2 Year Fixed Rate Cash ISA | 4.85% | 2 Years | Not accepted | £1,000 | |
| 3 Year Fixed Rate Cash ISA | 4.81% | Full closure only, penalty applies | Not accepted | £1,000 |
Easy Access
| Account | AER | Access | Interest | Min Balance | |
|---|---|---|---|---|---|
| Easy Access | 4.01% | Unlimited | Variable | £1 |
Is Hodge Bank FSCS protected?
Yes — FSCS protected up to £120,000
Yes. Hodge Bank savings are FSCS protected up to £120,000 per person, per banking licence, under Julian Hodge Bank Limited.
Banking licence: Julian Hodge Bank Limited
Last checked against the FCA register on 16 October 2026.
See every brand that shares a banking licenceSwitch offers
Who they are
Hodge Bank - formally Julian Hodge Bank Limited - is a privately owned UK bank, founded by Sir Julian Hodge and headquartered in Cardiff, Wales. It holds the distinction of being the only UK bank with its head office in Wales. While Hodge did not officially become a bank until the late 1980s, it grew from earlier financial ventures founded by Sir Julian, and remains the only one of those institutions still run by the Hodge family.
Hodge is an online-only bank - accounts are opened and managed online, with no physical branches. That keeps things straightforward, and the bank has built a reputation for simple, no-frills savings products rather than trying to be all things to all people.
Savings accounts
Hodge's savings range covers easy access, fixed-rate bonds and a solid selection of fixed-rate Cash ISAs. All deposits are protected up to £120,000 per person by the FSCS.
The Easy Access account pays 4.01% AER (variable) and can be opened with as little as £1, so there is no barrier to getting started. If you are happy to lock money away, the 1 Year Fixed Rate Bond pays 5.01% AER on a minimum of £1,000, with no access until maturity.
Hodge's Cash ISA range is unusually wide. The 1 Year Fixed Rate Cash ISA pays 4.92% AER, the 2 Year pays 4.85% AER, the 3 Year pays 4.81% AER, and the 5 Year pays 4.91% AER - all requiring a £1,000 minimum. One thing to note: the 3 Year and 5 Year Cash ISAs do not accept ISA transfers in, and the 5 Year comes with a 365-day interest penalty if you close early. Check those terms carefully before committing.
Is it right for you?
Hodge suits savers who are comfortable banking entirely online and want a reliable, longer-established institution rather than a newer fintech. The Cash ISA range is particularly strong if you want tax-free returns across different time horizons. The main limitation is the lack of ISA transfer-in on some products - if you have existing ISA pots you want to consolidate, double-check which accounts accept them before applying.
There are no switch offers available from Hodge at present. Rates on all accounts are subject to change, so check the live figures shown on this page before making your decision.
This overview was generated by DepositScout's AI, Penny on 2 October 2026. It may contain inaccuracies — always confirm rates and terms with Hodge Bank directly. Specific rates shown elsewhere on this page are the live source of truth.
