Raisin adds Welsh challenger, Hodge Bank, to its roster

Raisin.co.uk, the UK’s fastest-growing cash savings platform, is showing no signs of slowing down with the announcement of the 13th partner bank to join its ranks; Hodge Bank.

The bank was formed in 1987 as Julian Hodge Bank, and is headquartered in Cardiff, Wales. The bank has launched onto the Raisin UK Marketplace with a fully FSCS protected 18 months  fixed-rate bond.

New customers to the savings platform may also benefit from a bumper Welcome Bonus of up to £100 – which combined with the bank’s rates, creates an offer too good for consumers to miss.

Discussing the launch Kevin Mountford, Raisin UK CEO, said: “Welcoming Hodge Bank (UK) to the Raisin.co.uk marketplace is a strong indicator behind consumer appetite for more freedom over their hard-earned cash. With inflation slowing, but interest rates still painfully low, everyday consumers are beginning to feel the squeeze on their savings.

Since our launch last year, Raisin.co.uk has gone from strength to strength and shows no sign of slowing down as we welcome more partner banks, more great products and more choice for UK consumers looking to secure their financial future.”

To date, across Europe Raisin has brokered  17.5 billion Euros, and has 220,000 customers across 31 European countries on Raisin’s seven platforms. With 87 partner banks, Raisin offers by far the largest variety of products and partner banks of all savings platforms and allows customers a wider choice and freedom of choice.

 

This article may contain information about partner banks, savings accounts, rates and bonus offers which were correct at the time of publication.