Variable Interest Rate Accounts

In case of financial emergencies and before you start investing on a longer term basis, you should consider having around £2,000 in an easy access account. It is vital that you should have an easy access account for those unforeseen expenses.

Julian Hodge Bank variable rate accounts offer the choice of a deposit account to suit most requirements. Our variable accounts offer interest credited to your account on an annual basis on 31st March or on the following business day if this falls on a non-working day. Alternatively interest can be paid on a monthly basis. Interest is paid on all balances above £1,000.

We aim to ensure that you receive an attractive rate of interest at all times, and closely monitor the Bank of England Base Rate. Please see the Terms and Conditions leaflet (available on request) for full details.

We keep you fully updated on the amount deposited into your account and the interest accrued by issuing statements on your account on a quarterly basis. The maximum aggregate amount permitted in personal deposits is currently £1,000,000, including those balances held in our fixed rate accounts.