How the HL Cash ISA works
Important information - This is not personal advice. Fixed rates generally only allow withdrawal at maturity.
How the HL Cash ISA works
Choose your HL Cash ISA product(s)
Top up and pick a savings product. You’ll have to pay into products individually, but you can hold as many products as you like.Manage your savings in one place
Switch banks and rates in minutes as your needs change. Pick a default easy access product and earn interest automatically when your fixed rate matures.Move money where you want
Withdraw available cash to your bank account, or transfer to the HL Stocks and Shares ISA. Just remember, money withdrawn from an ISA will lose its ISA status.
Ready to get started?
Open an account
It takes minutes, and you can start saving straight away.
See the latest rates
Browse rates from our banking partners and find what suits you.
Charges
We do not charge any fees for opening, managing, or closing our savings accounts. 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.
Protecting your money
FSCS protected
Money held with one of our banking partners is covered by the Financial Services Compensation Scheme (FSCS). The FSCS will protect your deposits up to £120,000 if the banking partner fails. This limit is per banking licence.
Safeguarding
Money not in a savings product is held by Barclays Bank. Your money is protected under Financial Conduct Authority (FCA) safeguarding rules if HL were to fail and under the FSCS if Barclays were to fail.
FAQs
You can only open an account in the name of an individual aged 18 or over.
You can't apply for an account if you live overseas or aren't a UK resident for tax purposes. Unfortunately, we can't offer joint accounts or those for children or companies.
You'll need a nominated bank account. This is where any withdrawals from HL will go. You usually set one up when you first open an account with us, but you can set one up in your account settings if not.
We will send a verification code in the post when you set up or change a nominated bank account. Make sure you factor this in when considering timescales for your withdrawal.
If you have a fixed rate, we'll contact you a few weeks before it matures. If you've chosen a default Cash ISA product, your money will move when your fixed rate matures. If you have not chosen a default product, we willl move your money to an easy access Cash ISA product.
In the HL Cash ISA, it takes up to one working day to withdraw from an easy access Cash ISA to your nominated bank account.
Explore more ways to save with HL
You can access the full range of savings rates and banking partners by opening an Active Savings Account.
It's a separate account held through the same HL login.
There's no limit to how much you can top up.
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.