Hodge’s improved 5yr ISA enters charts | Product News | moneyfacts.co.uk

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Hodge’s improved 5yr ISA enters charts

Hodge’s improved 5yr ISA enters charts

Category: ISAs
Date: 26/09/2017

Hodge Bank has increased the rate on several of its accounts by as much as 0.45%, as a result of which its five-year fixed rate ISA offering has entered into the Best Buy chart for its sector and earned a high Moneyfacts rating.

The basics…

The 5 Year Fixed ISA now boasts a fixed rate of 1.70%, paid on its anniversary. A version of the account which pays a slightly reduced rate on a monthly basis is also available.

The finer details…

This account requires a minimum investment of £1,000. It permits transfers in from cash and stocks & shares ISAs, but additions are not allowed. Earlier access is permitted on closure and the loss of 365 days' interest, the same interest penalty as applies to transfers out. Transfers must be of at least £1,000. The account can be opened by post and online, after which it can be managed by post and over the phone.

Why we like it…

This deal's rate is competitive enough to earn it a place in the Best Buys, as well as its high rating.

Moneyfacts rating: Excellent

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
 
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