Hodge Launches No-Strings-Attached Savings Account to Meet Consumer Demand

Hodge has introduced a new Easy Access Savings Account, responding to consumer demand for greater flexibility and simplicity in managing their savings. The account offers unrestricted access to funds, with no penalties or notice periods, making it a practical solution for both emergency savings and long-term financial planning.

Designed for Savers Who Want More Control

Available to UK residents aged 18 and over, the Easy Access Savings Account allows customers to start saving with as little as £1, with the flexibility to deposit up to £250,000. Key features include:

• Unlimited deposits and withdrawals
• Competitive variable interest rate
• Fully online account management

Addressing Consumer Demand

The launch follows Hodge’s research, which found that 78% of people prefer savings accounts with no restrictions. In response, the bank developed a product that prioritises accessibility and ease of use.

“From unexpected expenses to spontaneous plans, people need savings that work for them—without notice periods or penalties,” the bank said in a statement.

A Commitment to Simplicity

Christie Cook, Managing Director of Retail at Hodge, highlighted the bank’s commitment to providing straightforward financial solutions:

“We know people want their savings to feel simple—no hoops to jump through and no complicated rules. That’s why we created our Easy Access Savings Account. It gives people the freedom to manage their money online, with no strings attached.”

The new Easy Access Savings Account is now available. For more information, visit the Hodge Easy Access Savings Account page.