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Active Savings hero

Active
Savings

A new cash savings service from HL

Open an Active Savings Account

Register your interest

Savings just got a whole lot easier

Active Savings is a one stop shop for fixed rate savings.

With just one account, you can pick and mix savings products from different UK banks and building societies. So you can wave goodbye to endless paperwork and unnecessary hassle.

One application

to open or switch between a wide range of savings products - open from £1,000.

One account

giving access to several banks .

One login

to manage your HL savings and investments all in one place.

Register your interest

We can't offer Active Savings to everyone just yet. If you register below, you'll be among the first to know when you can open an account.

Register now

Our partner banks

  • Aldermore

    Est. 2009
    Headquarters: UK

  • Coventry Building Society

    Est. 1884
    Headquarters: UK

  • Metro Bank

    Est. 2010
    Headquarters: UK

  • Shawbrook Bank

    Est. 2011
    Headquarters: UK

  • United Trust Bank

    Est. 1955
    Headquarters: UK

All products and rates

The table below shows all of the savings products available today through Active Savings. You'll find out more about these products once you've opened an Active Savings Account. Products and rates do change regularly so make sure you keep an eye on the 'apply by' date. Products available for new savings can be added or withdrawn at any time.

At the moment, we only offer fixed term savings products, giving you peace of mind that your rate is guaranteed. Just remember, with fixed term savings, you can't withdraw your money until the term has ended.

AER (Annual Equivalent Rate) 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 means the interest rate without any tax deducted. Interest is paid gross. You are responsible for paying any tax due on interest that exceeds your Personal Savings Allowance to HM Revenue & Customs.

AER (Annual Equivalent Rate) 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 means the interest rate without any tax deducted. Interest is paid gross. You are responsible for paying any tax due on interest that exceeds your Personal Savings Allowance to HM Revenue & Customs.

If you are considering adding money to this savings product, please ensure you have opened an Active Savings Account and given us your instructions before the application deadline.

The savings of private individuals held with authorised banks and building societies are covered under FSCS. All of our partner banks are authorised by the Prudential Regulation Authority (PRA) and covered under FSCS.

What do AER and Gross mean?

AER (Annual Equivalent Rate)
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
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.

Interest rates may be subject to change and depend on individual circumstances.

Are there any charges?

We don’t charge you directly, instead we charge the banks and building societies between 0.15% and 0.25% of balances held per year. This means the same or similar products offered directly by the banks and building societies may have different interest rates to those available on Active Savings.

Will my savings be protected?

Eligible deposits are protected up to £85,000 per banking licence. Any deposits over £85,000 with the same bank are not likely to be covered. All of our partner banks are authorised by the Prudential Regulation Authority (PRA), regulated by the Financial Conduct Authority (FCA) and covered by the Financial Services Compensation Scheme (FSCS).

More about FSCS

Get started in 3 easy steps

Log into your HL account

One login for both your savings and investments

Open with just £1,000

Use your debit card or transfer from your HL Fund and Share Account

Choose your products

You only have three working days to choose or your money will be returned

Open an Active Savings Account More about how it works

What our clients have to say about Active Savings

The big advantage is not having to go through the pain of applying for yet another bank account which then drops its rates after 12 months.

MR WEST, Bedfordshire

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 2009 with firm reference 751996 for the provision of payment services. Hargreaves Lansdown Asset Management Limited and Hargreaves Lansdown Savings Limited are wholly owned subsidiaries of Hargreaves Lansdown plc (company number 2122142).