Open an Active Savings Account

Filling in the application takes about 4 minutes.

To open an account, you must

Already an HL client?

Log in to open an account

Before opening, you should know

You might pay tax on interest

You might need to pay Income Tax on interest if you go over your Personal Savings Allowance.

You can only manage this account online

You can only manage your Active Savings Account using the HL app or website.

Inflation may reduce your money’s spending power

If the interest rate on your savings is lower than the rate of inflation, your cash will buy you less in future than it does now.

Your Active Savings Account is not a bank itself

This means when you add money, it goes in a temporary home called the cash hub while you pick which banks to save with.

To keep your money safe in the cash hub:

  • It’s held by Barclays Bank plc.

  • It’s protected by FCA safeguarding rules if Hargreaves Lansdown Savings Ltd were to fail

  • It’s protected by the FSCS if Barclays were to fail

You do not earn interest in the cash hub.

Documents to read and keep

When you open an Active Savings Account, it means you agree to our terms. Make sure you read and understand the document below.

Registered for cashback?

  • If you have signed up - you should receive an email within 24 hours confirming your registration.

  • If you have not signed up - you will not receive cashback, minimum deposit and terms also apply.

This offer is for new Active Savings clients only - Terms apply.

Register for the offer

Already an HL client?

Log in to open an account

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), which is authorised and regulated by the Financial Conduct Authority with firm reference 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 (company number 2122142).