Cash ISA
Earn interest tax-free. Spread your £20,000 ISA allowance across as many banking partners and savings products as you like.
Important information - The information on this page is to help you make your own decisions and is not personal advice. Inflation reduces the future spending power of money. Tax rules for ISAs can change and their benefits depend on your personal circumstances.
You won’t find this Cash ISA anywhere else.
Through one online account, you can pick and choose rates from our range of banking partners. Then switch as much as you like throughout the tax year.
That means you can get your savings to suit your needs, without the hassle of multiple accounts.
Save tax-free in a range of products:
- Fixed rate (fixed rate of interest over a fixed term).
- Easy access (variable rate with flexibility to access your money).
- Limited access (variable rate and limited access to your money).
NEW: Get £25 Cash Bonus
Terms
apply.
How it works
- Open a new HL Cash ISA and add at least £10,000 by debit card to one or more savings products by 25 April 2024.
- Make sure you have an Active Savings Account open by 24 October 2024. This is where we'll pay your £25. It’s our cash savings account, and free to set up.
- We'll pay your £25 cash bonus on 25 October 2024.
Please note
If you'd just like to open an HL Cash ISA without claiming the bonus, you do not need to open an Active Savings Account.
Latest Cash ISA rates
Products can be added or withdrawn at any time.
AER (Annual Equivalent Rate) shows what the interest rate would be if it was paid and compounded once each year. It helps you compare the rates on different savings products. Once you have opened a fixed term product the rate won't change, but rates on easy and limited access products can vary.
Tax-free interest/profit in the Cash ISA is paid free of UK income tax.
Tax rules can change and their benefits depend on your circumstances.
Tax-free savings
Tax-free savings
The interest on a Cash ISA is tax-free, so all the interest you earn, you keep.
More choice
More choice
Spread money across easy access and fixed rate products in the same tax year. All in one Cash ISA.
One place for saving
One place for saving
Manage all your savings in one place through a single login.
Cash ISA Charges
We don't charge you directly to have a Cash ISA, instead we charge our banking partners. This means the same or similar products offered directly by the banks and building societies may have different interest rates to those available through the HL Cash ISA.
Cash ISA Transfers
You can transfer money from your HL Cash ISA to your HL Stocks and Shares ISA online. Currently, you can't transfer money from other ISAs into your HL Cash ISA.
Cash ISA essentials
What is the ISA allowance?
The ISA allowance is £20,000. Use your ISA allowance by midnight on 5 April 2025.
Can a Cash ISA help you save tax?
All interest you earn within a Cash ISA is free from UK income tax.
Sign up for alerts
Hear when transfers into the Cash ISA are available and when we welcome new banks.
Protecting your money
FSCS protection: Money held in a savings product with one of our banking partners has Financial Services Compensation Scheme (FSCS) protection up to £85,000.
Fully regulated: Our banking partners are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.
Safeguarding: Money in the Cash ISA which isn't in a savings product is held in the transaction account. As Hargreaves Lansdown Savings Ltd is not a bank, money in the transaction account is not covered by the FSCS. Instead, it's protected under the Financial Conduct Authority's safeguarding rules.
Account security: Alongside your usual log in details and account encryption technology, we use two-factor authentication with automatic timeouts to help protect you and your money.
Ready to open an account?
Open an HL Cash ISA. Deposit your cash and watch your savings grow.
Insights
Guides and Tools
We've pulled together everything you need to know to make the most from your savings.
Cash ISA FAQs
Learn more about our Cash ISA Account by looking at our frequently asked questions.
Cash ISA alerts
Get updates on the best rates through active savings, cash offers, and more.
HL Cash ISA Bonus Offer (the Offer) - what you need to know
1. This Offer is available to clients who add money by debit card to an HL Cash ISA savings product between 25 March 2024 and 25 April 2024 inclusive (the “Offer Period”) and satisfy the qualifying criteria detailed in Clause 2.
2. To qualify for the Offer you will need to:
(a) be 18 years of age, or older;
(b) be resident in the United Kingdom;
(c) be either (i) a new HL client who opens an HL Cash ISA during the Offer Period; or (ii) an existing HL client who, prior to qualifying for this Offer, did not hold an HL Cash ISA;
(d) add £10,000 or more by debit card to one or more Savings Products within your HL Cash ISA; and
(e) have an open Active Savings Account to receive the Cash Bonus by no later than 24 October 2024.
3. If you satisfy all of the criteria listed in Clause 1 and 2, you will receive a cash bonus of £25 (the “Cash Bonus”).
4. The Cash Bonus must be paid by us into the Cash Hub of an Active Savings Account. If you do not hold an Active Savings Account, we will send you all the information you need to set one. There is no obligation to use the Active Savings Account, you can set it up and withdraw the money straightaway.
5. If, prior to qualifying for this Offer, you already hold an Active Savings Account, we will credit the Cash Bonus by 25 October 2024 (the “Payment Date”). If not, you are required to open up an Active Savings Account by no later than 24 October 2024 to receive the Cash Bonus on the Payment Date. We will notify you by email once the Cash Bonus has been added.
6. The maximum amount of cash you can receive under this Offer is £25, irrespective of how many savings products you have, and irrespective of when the money is added throughout the Offer Period.
7. By registering for this Offer and satisfying the criteria detailed in Clauses 1 & 2 above, you agree to be bound by the terms of this Offer. We reserve the right to refuse to award the Cash Bonus to anyone in breach of these terms and conditions.
8. We reserve the right to amend, extend or withdraw this Offer if necessary, including for legal or regulatory reasons or otherwise. If the Offer closes early, all valid applications received up until this time will still be accepted. Details of any such amendment, extension or withdrawal will be posted on our website at www.hl.co.uk/savings/cash-isa.
9. This Offer will be governed by English law and, in participating, you submit to the jurisdiction of the English courts.
10. You can opt out of this Offer at any time by contacting our Helpdesk on 0117 900 9000.
11. We accept no liability to the extent legally possible in the event of harm or loss or technical, legal or validity issues relating to the use or exercise or redemption of this Offer, in particular due to problems outside of our control.
12. References in these terms and conditions to “Hargreaves Lansdown”, “our”, “us” or “we” are to Hargreaves Lansdown Savings Limited (company number 08355960), authorised and regulated by the Financial Conduct Authority (FCA Register number 915119), whose registered office is at 1 College Square South, Anchor Road, Bristol, BS1 5HL. Hargreaves Lansdown Savings Limited is a subsidiary of Hargreaves Lansdown plc (company number 02122142), registered at the same address.
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 and regulated by the Financial Conduct Authority (firm reference number 915119). Hargreaves Lansdown Savings Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 with firm reference 901007 for the issuing of electronic money.
Hargreaves Lansdown Asset Management Limited and Hargreaves Lansdown Savings Limited are subsidiaries of Hargreaves Lansdown plc (company number 2122142).