Julian Hodge Bank

edited 30 November -1 at 1:00AM in Site Feedback
1 reply 1.3K views
skyanjelskyanjel Forumite
5 Posts
edited 30 November -1 at 1:00AM in Site Feedback
Just a note that the - 'Julian Hodge Bank' offers 3% for fixed 5 year Isa, but there's nothing mentioned on it - as this is the highest rate going.

Im wondering if this Bank is UK regulated and 'safe' ? But there's no info on this site about this. Apologies if I've missed it, would like your take on it thats all :)

Thank you

Replies

  • antrobusantrobus Forumite
    17.4K Posts
    ✭✭✭✭✭
    skyanjel wrote: »
    Just a note that the - 'Julian Hodge Bank' offers 3% for fixed 5 year Isa, but there's nothing mentioned on it - as this is the highest rate going.

    Im wondering if this Bank is UK regulated and 'safe' ? But there's no info on this site about this. Apologies if I've missed it, would like your take on it thats all :)

    Thank you

    It's certainly UK regulated. Based in Cardiff. Set up by Julian Hodge, who previously ran the Commercial Bank of Wales, and well known in Wales.

    It's one of the few banks you'll come across that pays more out in interest than it receives. Seems to make it's money from equity release. Does not appear to have lost large sums of money in the recent past. Has a lot of cash, and plenty of capital.
This discussion has been closed.
Latest MSE News and Guides

Energy price cap could be extended beyond 2023

New plans have just been announced by the Government

MSE News

Cheap contents insurance for tenants

DON'T assume your landlord covers you

MSE Guides

Summer sizzlers round-up

Incl £2ish sun cream & £1.50 disposable BBQs

MSE Deals