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Stick with the high street - at a cost

Important information - Active Savings helps you make your own decisions and is not personal advice. Fixed term products generally only allow access to funds at maturity. Inflation reduces the future spending power of money.

Do you know what rates you're getting on your savings?

Have you switched your savings recently?
If you don't, and you haven't, you're not alone.

According to our research 40% of all savers have never switched their savings. Almost half don't even know what rate they're getting.*

But this is costing savers dearly.
Latest figures from the Bank of England for March 2019 suggest the average easy access savings product pays just 0.43% (including unconditional bonuses).

*HL Survey, October 2018, 2,008 nationally representative respondents.

Out of the savers we surveyed 40% have never switched their savings*

Instant access savings rates

Barclays 0.25%
HSBC 0.15%
Lloyds 0.20%
NatWest 0.20%
RBS 0.20%
Santander 0.35%

Based on £10,000 deposited, correct as at 09/04/19.

These accounts allow you to instantly withdraw your money at any time, with Active Savings withdrawals usually take up to one working day.

Are you missing out on better cash rates?

Many savers keep their cash with the same bank as they use for their current account, but high street banks typically pay some of the lowest savings rates, so their loyalty could be costing them dearly.

If this sounds familiar, earning more interest on your cash is simpler than you might think.

Improve the way you save, forever

Improve the way you save, forever

With our new Active Savings service you can spread your money between easy access and fixed term savings from a range of banks and building societies, all through the convenience of one online account.

You'll have just one set of log in details to remember to manage all your savings with HL, and once you're set up there are no forms and no paperwork when you want to move your savings around. Just simple, fair saving so you always know what rates you're getting and you're always in control.

Active Savings latest rates

Easy access

Up to
1.25% | 1.24%
(AER | Gross)

Up to 3 months

Up to
1.31% | 1.30%
(AER | Gross)

Up to 6 months

Up to
1.56% | 1.56%
(AER | Gross)

Up to 1 year

Up to
1.96% | 1.96%
(AER | Gross)

Up to 3 years

Up to
2.40% | 2.40%
(AER | Gross)

Up to 5 years

Up to
2.55% | 2.55%
(AER | Gross)

Easy access

Up to
1.25% | 1.24%
(AER | Gross)

Up to 3 months

Up to
1.31% | 1.30%
(AER | Gross)

Up to 6 months

Up to
1.56% | 1.56%
(AER | Gross)

Up to 1 year

Up to
1.96% | 1.96%
(AER | Gross)

Up to 3 years

Up to
2.40% | 2.40%
(AER | Gross)

Up to 5 years

Up to
2.55% | 2.55%
(AER | Gross)

Please note, products can be added or withdrawn at any time.

View all latest rates

More about Active Savings

See how much better off you could be

Please note this calculator assumes interest rates don’t change, no other deposits or withdrawals are made, and any interest is compounded each year.

£
years
%
%
You could be better off by £0
Total savings value with current rate £0
Total savings value with new rate £0

Take control of your cash today

If you're ready to take control of your savings, getting started with Active Savings can be done online in minutes.

So why not join Active Savings today and improve the way you save, for the better?

This information is provided to help you make informed decisions but it isn't personal advice. If you're not sure if a savings product is right for you, please seek advice. Remember inflation reduces the future spending power of cash.

More about Active Savings

Open an Active Savings Account in minutes

Active savings really works for me. I now don’t just leave cash languishing in poor savings accounts because it is too much hassle chasing better rates. This is so easy to manage, well done Hargreaves Lansdown

MR EARDLEY, Shropshire

This website is issued by Hargreaves Lansdown Asset Management Limited (company number 1896481), which is authorised and regulated by the Financial Conduct Authority with firm reference 115248.

The Active Savings service is provided by Hargreaves Lansdown Savings Limited (company number 8355960). Hargreaves Lansdown Savings Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017 with firm reference 751996 for the provision of payment services. Hargreaves Lansdown Asset Management Limited and Hargreaves Lansdown Savings Limited are subsidiaries of Hargreaves Lansdown plc (company number 2122142).

AER shows what the interest rate would be if interest was paid and compounded once each year. It helps you compare the interest rates on different savings products.

Gross is the interest rate without any tax removed. Interest is paid gross. You are responsible for paying any tax due on interest that exceeds your Personal Savings Allowance to HM Revenue & Customs.

Some banks offer a high introductory or bonus rate which drops to a much lower rate after a short period of time. With Active Savings, our partner banks simply offer consistently good rates.