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A Cash ISA
like no other

Tax free cash savings from our banking partners

Apply for a cash isa Top up or choose a product

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.

Pay no UK income tax on the interest you earn

Save up to £20,000 each tax year, tax free. If you have a cash savings account outside of an ISA, you’ll have to pay tax on any interest you earn above your personal savings allowance.

What's my allowance?

Save up to £20,000 per tax year

Get unrivalled levels of choice

Normally, under current ISA rules you can only pay into a cash ISA with one provider per tax year. But with the HL Cash ISA, you can split your £20,000 Cash ISA allowance across variable rate and fixed rate savings from different banks and building societies. All through one online Cash ISA. All in the same tax year.

You can’t do this with any other savings platform.

After setting up your account all you need to do is make a deposit into the saving rate of your choice to officially open your cash ISA.

Which savings are right for you?

Easy and Limited Access:

  • Interest rate is variable
  • Withdrawals usually take 1 working day
  • Withdraw anytime (limited access products may have withdrawal restrictions)

Fixed term:

  • Interest rate is fixed
  • Guaranteed returns
  • Withdrawals allowed only at the end of the term

Latest Cash ISA rates

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.

Products can be added or withdrawn at any time.

How much can I save in a Cash ISA?

There’s a limited amount of money you can put into ISAs each tax year (6 April – 5 April). This year (2023/2024) the ISA allowance is £20,000.

You can split your allowance across Stocks and Shares, Cash, Lifetime, and Innovative Finance ISAs as long as you don’t exceed the total allowance across them all each tax year. However, you can’t subscribe to more than one of each type of ISA account each tax year.

Tax rules for ISAs can change and their benefits depend on your circumstances.

What's my allowance?

No charges

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 from the HL Cash ISA to an HL Stocks and Shares ISA

You can't currently:

  • Transfer an HL Stocks and Shares ISA into the HL Cash ISA
  • Transfer any ISAs held elsewhere into the HL Cash ISA

Register for alerts to be the first to hear when transfers into the HL Cash ISA are available and when we welcome new banking partners to the platform, giving you even more choice.

How is money in the HL Cash ISA protected?

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.

Always covered: 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 2 factor authentication with automatic timeouts to help protect you and your money.

How we keep your money safe

FSCS Protected

Switch your savings ON

Helping people save and invest for over 40 years

Trusted by 1.8 million clients

We're an award-winning FTSE-listed company that's regulated by the Financial Conduct Authority.

Expert knowledge and guidance

Tools and insight from our team of experts.

Ongoing support

Get ongoing support from the experts on our UK-based helpdesk.

Learn more about the HL Cash ISA

Cash ISA frequently asked questions

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Help and support

If you have any questions about the HL Cash ISA, you can speak to one of our client support experts by calling 0117 980 9995.

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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).