I need to replace with a formatting command (like you can in Word). I could
set up a macro to do this if it is possible to go to the actual character
within the cells, rather than locating the whole cell.

It's not like MSWord, but you can get to each character of a string (not a
formula!).

For example this bolds colors the 3 character red for the activecell.

Option Explicit
Sub testme02()
Dim myCell As Range
Set myCell = ActiveCell
With myCell.Characters(Start:=3, Length:=1)
.Font.Bold = True
.Font.ColorIndex = 3
End With
End Sub

Jo wrote:

I need to replace with a formatting command (like you can in Word). I could
set up a macro to do this if it is possible to go to the actual character
within the cells, rather than locating the whole cell.

--

Dave Peterson