Savings rates available through Hargreaves Lansdown — compare accounts, guides and switch offers

Who they are

Hargreaves Lansdown has been helping people save and invest since 1981. It is the UK's largest investment platform , and while most people know it for its investment and pension products, it also runs a well-regarded savings service. In 2018 HL launched its Active Savings platform to make it easier for consumers to shop around and take advantage of better savings rates using a single online hub. In March 2025 the company was acquired by a consortium of private equity firms - CVC, Nordic Capital and Platinum Ivy - and delisted from the London Stock Exchange. The platform itself continues as before.

Savings accounts

Hargreaves Lansdown is a deposit marketplace, not a bank. Active Savings lets you choose between savings accounts offered by other banks that partner with Hargreaves Lansdown. You are not depositing with HL itself - the underlying bank holds your money. FSCS protection therefore follows the partner bank's licence. If a banking partner fails, up to £120,000 per banking licence is protected.

The DepositScout data currently shows four products on the platform. The HL Easy Access account pays 3.95% AER (variable) with a £1 minimum - a straightforward home for cash you may need quickly. The HL Cash ISA pays 4.52% AER (variable) with instant access and a £1 minimum, and FSCS cover here is also up to £120,000. For savers happy to lock money away, there is a 5-year Fixed Rate Cash ISA at 4.40% AER, requiring at least £1,000. HL also offers a Stocks and Shares ISA for those who want to invest rather than save in cash - investments are FSCS-protected up to £85,000, while any uninvested cash held within it is covered up to £120,000.

One of the attractions of HL Active Savings versus most other cash savings platforms is that it does not charge you an annual management fee or any upfront costs - HL achieves this by charging the partner banks and building societies instead. This means that equivalent products offered directly by those banks sometimes carry different rates from those available through HL.

Is it right for you?

Those wanting everything under one roof - ISAs, pensions and cash savings - will find the ability to hold them all in one place very convenient. The Cash ISA is particularly tidy for savers who are close to or over their Personal Savings Allowance, since interest inside the ISA wrapper is tax-free. If you hold a large cash balance, well above the ISA allowance, the FSCS spreading across partner banks and painless switching are worth real money in saved hassle - as is the ability to run a fixed-rate ladder without opening accounts one at a time.

The variable rates on offer can change, so it is worth keeping an eye on the live figures. Check the current rates shown on this page before deciding - they are the most up-to-date numbers available.