Savings calculatorHow much better off could you be?
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 September 2019 suggest the average instant access savings rate is just 0.42% (including "unconditional bonuses").
Find out how much better off you could be with our savings calculator.
What difference could a new rate make to your savings?
Please note this calculator assumes the interest rate doesn’t change, no further deposits or withdrawals are made and that interest is paid and compounded once each year. It also does not take into account the different types of savings products available with Active Savings. The value of your savings will depend upon personal circumstances, the rates available and options you choose.
Active Savings latest rates
Please note, products can be added or withdrawn at any time.
What do AER and Gross mean?
AER (Annual Equivalent Rate)
Shows what the interest rate/expected profit rate would be if it was paid and compounded once each year. It helps you compare the rates on different savings products.
The interest rate without any tax removed. Interest/profits are paid gross. You are responsible for paying any tax due on interest/profits that exceed your Personal Savings Allowance to HM Revenue & Customs.
Rates may be subject to change and depend on individual circumstances.
Improve your savings in three easy steps
Open an Active Savings account
With as little as £1. Use your debit card, or transfer from your HL Fund and Share Account.
Choose your savings products
From easy access and fixed term savings to start earning interest from our banking partners.
Manage with no hassle
With just a few clicks, you can move your cash around the available savings products.
AER shows what the interest rate/expected profit rate would be if it was paid and compounded once each year. It helps you compare the rates on different savings products.
Gross is the interest rate without any tax removed. Interest/profits are paid gross. You are responsible for paying any tax due on interest/profits that exceed 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.
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).