Julian Hodge Bank for Savings

della11

Can anyone offer a 'review' of the Julian Hodge bank.
I'm looking for a home for savings as ISA limit is reached for this year.

badger09

della11 wrote: »

Can anyone offer a 'review' of the Julian Hodge bank.
I'm looking for a home for savings as ISA limit is reached for this year.

I've had several Fixed Rate products, including ISAs with them over the years when their rates were competitive.

Never had any problems

badger09

Just a thought. Have you filled all the high interest rate current accounts?

della11

Finding that a bit overwhelming and also don't have two direct debits going out.

Archi_Bald

2 Direct Debits are very easy to get. Many people do it with Tesco savings accounts.

badger09

della11 wrote: »

Finding that a bit overwhelming and also don't have two direct debits going out.

No need to be overwhelmed.

Have a read around the forum, especially this one, and Budgeting & Bank Accounts, then come back with any questions.

It will take you a little more time and effort to achieve 5% or 4% on several £000s, rather than settle for pitiful rates in 'normal' savings accounts.

Your money, your choice :cool:

della11

I will thanks.

melbury

Have used them in the past and no problems at all.

jimjames

della11 wrote: »

Finding that a bit overwhelming and also don't have two direct debits going out.

£4k with TSB. No direct debits needed at all and you get 5%. Can't beat the rate with an ISA.

della11

Thing is its my aunts money (have LPA) and its around £150k.

Will open Santander123 paying 3%, have one direct debit to nursing home already and £3 pm to RSPB, a charity she has supported previously. This gives around £568 pa interest.

Then we'll see what to do next.

lalman

Whilst this thread is alive - if I put 2k into Nationwide and 2k into TSB and put D/D to each on the same day for 500 to each other - will I qualify for the 5%?