A new cash savings service
Our clients told us they don’t have time to chase the best rates - they just want consistently good returns without teaser rates and without any stress.
With Active Savings you can pick and mix fixed term savings products from a range of UK banks and building societies through one simple to use online account.
And we’re working hard to bring you greater control in future, with easy access savings, a Cash ISA and much more.
One application
gives access to several products . Get started from £1,000.
One account
to easily check what rates you're receiving and see what's new, so you're always in control.
One login
lets you move money around between banks with just a few clicks, without any forms or fuss.
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 Products available can be added or withdrawn at any time.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. But remember, with fixed term savings, you can't withdraw your money until the term has ended. At present, you can't save in an ISA or SIPP, but we hope to offer this in future.
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 when you're logged in to your account. Products and rates do change regularly so make sure you keep an eye on the 'apply by' date. Products available can be added or withdrawn at any time.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. But remember, with fixed term savings, you can't withdraw your money until the term has ended. At present, you can't save in an ISA or SIPP, but we hope to offer this in future.
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 up to 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).
Get started in 3 easy steps
Put in your details
Or log in to your HL account if you're already a client
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
Get saving in 3 easy steps
Log into your HL account
Make sure you have money in the cash hub before you choose your product
Choose your products
Choose as many as you want with no extra paperwork
Decide how much to save
Check the minimum and maximum opening balance for the product
Our partner banks
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Est. 2009
Headquarters: UK -
Est. 1878
Headquarters: UK -
Est. 1884
Headquarters: UK -
Est. 2003
Headquarters: UK -
Est. 2010
Headquarters: UK -
Est. 2011
Headquarters: UK -
Est. 1955
Headquarters: UK
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 2017 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).