Julian Hodge Bank

savetilibleed

What is known about Julian Hodge Bank in respect of financial rating and being a safe (or not) home for savings money. I can't seem to find anything on them other than their website.

Lokolo

'financial rating'? I didn't know banks had a financial rating.

They are covered by the FCSC upto £50k though.

agsnu

Did you try the search on this forum?

http://forums.moneysavingexpert.com/showthread.html?t=1411053&highlight=julian+hodge
http://forums.moneysavingexpert.com/showthread.html?t=1402119&highlight=julian+hodge
http://forums.moneysavingexpert.com/showthread.html?t=1057215&highlight=julian+hodge
http://forums.moneysavingexpert.com/showthread.html?t=967205&highlight=julian+hodge
http://forums.moneysavingexpert.com/showthread.html?t=942253&highlight=julian+hodge
http://forums.moneysavingexpert.com/showthread.html?t=640345&highlight=julian+hodge

[Deleted User]

I requested details of their accounts three days ago, but I've till not had anything. They're advertising 4.5% fixed, and 4% ISA.

undercoat11

Well I am very impressed with Julian Hodge. I opened a fixed rate account last Saturday and today I have received full confirmation of the opening of the account.

Contrast that with Cheshire Building Society - sent the cheque 3 weeks ago and I haven't heard a dickie bird. Or Nationwide - took them around 3 months to open an Isa using money from my Flex account.

Go for it - they are covered by the FSCS.

kostigovs

My wife and myself have several cash Isa's with them. No problems ever encountered

maypole

I had an ISA with them for years, no problems. Transferred it out when the rate got too low.

savetilibleed

Lokolo wrote: »

'financial rating'? I didn't know banks had a financial rating.

They are covered by the FCSC upto £50k though.

Thanks yes I know they are covered as you say. I was referring to the Fitch Ratings where there is nothing on Julian Hodge.

[Deleted User]

Picking through the fine print, it seems that the interest rate on the ISA is fixed a month down the line when they get the money from your old supplier, not when they receive your application. Taking the p155 aren't they?

JamesPond

I transferred my Icesave ISA to Julian Hodge 1 year Fixed Rate at 4% on the 21st. They are very quick as I received a letter today (24th) confirming the ISA has been opened, but not only that, the rate on the letter says 4.25%.

jack_pott wrote: »

Picking through the fine print, it seems that the interest rate on the ISA is fixed a month down the line when they get the money from your old supplier, not when they receive your application. Taking the p155 aren't they?

This appears to be case as my maturity date is 27 Jan 2010, and 27th is around the time my cheque will clear. Im not complaining though, very impressed by them :T

steveksullivan

..... search for my name in the forum?

BTW received my ap plication pack this morning for Millenium fixed rate (and got it back in the post by 12:30!!)

Rate is now 4.25 AER not 4.5

Also a letter insidesaying they had temporarily withdrawn their variable rate ISA's