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Open a Cash ISA

What you need to open your Cash ISA

  • 10 minutes. This is how long it should take to open your account.
  • Your debit card details to deposit money into your Cash ISA.
  • Your National Insurance number. You can find this on your National Insurance card, a benefit letter, payslip or P60.

Things to remember

ISA transfers - what you can and can't do

You can:

  • Transfer between an HL Cash ISA and an HL Stocks and Shares ISA

You can't currently:

  • Transfer any ISAs held with other providers into the HL Cash ISA

Register for alerts to be the first to hear when transfers from other providers into the HL Cash ISA become available.

  • To apply online you must be a UK resident, if you’re not resident in the UK please contact us for more information.
  • You can only manage your Cash ISA online and we’ll send information by secure message or email.
  • You can call our UK-based Helpdesk if you need any support.
  • All money coming in and going out of your Cash ISA goes through the Cash ISA transaction account, currently held with Barclays, and is covered under their banking licences until it’s cleared. You won’t earn any interest on money held in the Cash ISA transaction account.
  • Your Cash ISA will be opened once you instruct us to add money to a savings product.
  • Any money withdrawn from the Cash ISA will lose its ISA status, and this can’t be put back into the ISA without using up a further portion of your ISA allowance (if available, for that tax year).
  • Tax rules for ISAs can change, and their benefits depend on your circumstances.
  • The HL Cash ISA is for people making their own financial decisions and isn’t personal advice.
  • If the rate of interest you receive on your savings is lower than the rate of inflation, the future spending power of your money will be reduced.

For your added peace of mind

  • When your money is in a savings product, the FSCS will protect up to £85,000 of your eligible deposits per banking licence. Read more about protection of your money.
  • Any money in the Cash ISA transaction account is held in a separate account with Barclays Bank plc. It’s either protected through the FCA’s safeguarding rules if Hargreaves Lansdown Savings Ltd were to fail, or the Financial Services Compensation Scheme (FSCS) if Barclays were to fail.
  • If you’re inactive in your account for 5 minutes, you’ll be logged out.
  • Log in with two-factor authentication to keep your cash secure. .

Open your Cash ISA

By opening an HL Cash ISA, you agree to our terms, so please make sure you’ve read and understood:

If you have any questions, please contact us.

If you already have an HL account, log in and we'll prepopulate some of the Cash ISA application form to speed things up. If you're new to HL you can continue to the application form without logging in.