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Julian Hodge Bank - experiences?
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Capital Millennium Bond is open now as from 27/01/09. Strangely though the letter says the interest rate is 4.41% gross. When we applied it was 4.25% gross/4.17% gross monthly. And it doesn't actually say it is a Capital Millennium bond, just a Fixed Term Bond. I clarified with them by email that the interest arrangement was monthly as applied for, because the letter also didn't mention that. I didn't bother clarifying the interest rate though - don't mind if it is actually a bit more
. Not too much chance of that I should think:rolleyes:. See edit.
Edit: Looking at their historical rates prior to 19 Jan 09 this bond was 4.41% gross for monthly interest.
Edit2. Looks like we just caught the 4.41% as we had a transaction statement today confirming 4.41%MI. I see from news new bonds will drop again to 3.75% w.e.f. 30/1/090
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