Cash ISA

Hodge Bank 1 Year Fixed Rate Cash ISA Review

One of the best-paying one-year cash ISAs, from Hodge Bank, with a £1,000 minimum deposit. It ranks 3rd of 49 one-year cash ISAs we track.

Fixed rate · 1 year

4.92%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1,000

Max balance

£20,000

Access

1 Year

Interest paid

Annually or Monthly

Transfers in

Not accepted

How It Stacks Up

Ranks 3rd of 49

1-year cash ISAs we track

Among the best
This account 4.92%
UK CPI (Aug 2026)
3.10%
Pays 1.82% more
Average 1-year cash ISA
4.40%
Pays 0.52% more
Best 1-year cash ISA
4.95%
About the same

Inflation: ONS. Averages and best rates: accounts on DepositScout.

Compare cash ISAs

A Good Fit For

  • Pro: New and existing savers
  • Pro: Savers who want a monthly income

Worth Weighing Up

  • Con: You need at least £1,000 to open it
  • Con: It doesn't accept transfers in from other ISAs
  • Con: Not flexible: money you withdraw can't be replaced without using more allowance

Good to Know

You can only withdraw your entire account balance (paid to your nominated bank account), but if you do this you’ll lose your tax-free ISA status.

Please verify all details with the provider – see our Disclaimer

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Estimated returns with Hodge Bank's Cash ISA

What you could earn with Hodge Bank's 1 Year Fixed Rate Cash ISA.

Estimated interest

£1,000 saved

£49.20

At 4.92% AER

£5,000 saved

£246

At 4.92% AER

£10,000 saved

£492

At 4.92% AER

£20,000 saved

£984

At 4.92% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Our Expert Opinion on Hodge Bank 1 Year Fixed Rate Cash ISA

Jonny PeaseCo-Founder, DepositScout

Hodge Bank's 1 Year Fixed Rate Cash ISA pays 4.92%, which sits above the market average for cash ISAs, though it is 0.33% behind the category leader at 5.25%. At 1.82% above CPI inflation of 3.1% (Aug 2026), it does at least offer a real return, which will appeal to ISA savers who want their money working in tax-free terms over a one-year horizon. The catch is the £1,000 minimum, a £20,000 cap, and an early access penalty equivalent to 90 days' interest, so this suits money you genuinely will not need for the full year.

Compare Cash ISAs

2 alternatives to Hodge Bank's 1 Year Fixed Rate Cash ISA

Same type of account, closest on rate.

Common questions about the 1 Year Fixed Rate Cash ISA

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