Better rates,
less hassle
Manage your savings in one place with an Active Savings account. Access competitive interest rates from our bank and building society partners.
Better rates
Pick and mix between easy access and consistently competitive fixed rate bonds.
Less hassle
Spend less time shopping around. Stay in control as your needs change, all through a single online account.
Cashback
Get £10 to £100 cashback and lift your returns to another level – terms below. Find out more.
Manage your savings with one login
See how much cash you hold at a glance, alongside your HL investments. Add cash, move it between our banking providers, and withdraw it online. All with one login. And you can view your savings on-the-go with our app.
Plan ahead when a fixed rate ends
Get reminders when fixed rates end. And we’ll even give you options to keep earning interest, so you can spend less time shopping around.
Protection for added peace of mind
Each of the banking partners you save with has Financial Services Compensation Scheme (FSCS) cover up to £85,000. Find out more about FSCS.
Grow your savings free of charge
We don’t charge you directly, instead we charge our banking partners. This means the same or similar products offered directly by the banks and building societies may have different rates to those available on Active Savings.
The best rates on Active Savings
Pick and mix savings products from a range of banks and building societies, offering competitive rates, all through Active Savings from Hargreaves Lansdown.
Easy access
5.06% | 4.95%
(AER
|
Gross)
1 year
5.32% | 5.32%
(AER
|
Gross)
18 months
5.21% | 5.21%
(AER
|
Gross)
2 years
5.10% | 5.10%
(AER
|
Gross)
Easy access
5.06% | 4.95%
(AER
|
Gross)
1 year
5.32% | 5.32%
(AER
|
Gross)
18 months
5.21% | 5.21%
(AER
|
Gross)
2 years
5.10% | 5.10%
(AER
|
Gross)
Minimum deposit requirements apply to individual products. With fixed term savings you can’t usually withdraw your money until the term has ended. Easy access and limited access products pay a variable rate and fixed term products pay a fixed rate.
Comparisons with average market rates for easy access products are based on instant access products which allow immediate withdrawals. Active Savings offers easy access products and withdrawals usually take one working day. Some of these rates may be offered by Islamic Banks which offer an expected profit rate rather than interest. More on Sharia savings.
Source for market average rates: Bank of England, 31 October 2023. Source for market leading rates: Moneyfacts, 06 Dec 2023 at 9:31am. Please note products can be added or withdrawn at any time.
When your money is in a savings product through Active Savings, it’s held by that bank or building society. If they were to fail, the FSCS will protect eligible deposits up to £85,000 per banking licence.
Log in to your Active Savings account
Open an Active Savings account
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.
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.
Gross means the 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.
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. Once you have opened a fixed term product the rate won't change, but rates on easy access products can vary.
Gross means the 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. Tax treatment can change. Once you have opened a fixed term product the rate won't change, but rates on easy access products can vary.
If you are considering adding money to this savings product, please ensure you have opened an Active Savings Account and given us your instructions before the application deadline.
The savings of private individuals held with authorised banks and building societies are covered under FSCS. All of our partner banks are authorised by the Prudential Regulation Authority (PRA) and covered under FSCS.
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. Once you have opened a fixed term product the rate won't change, but rates on easy access products can vary.
Gross means the 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. Tax treatment can change.
Active
Savings
Cashback
To qualify, you must register for the offer and open a new Active Savings account by 31 January 2024. You'll then have 60 days to add at least £5,000 by debit card or Pay by Bank and deposit this into one or more savings products.
Active
Savings
CashBack
To qualify, you must register for the offer and open a new Active Savings account by 31 January 2024. You’ll then have 60 days to add at least £5,000 by debit card of Pay by Bank and deposit this into one or more savings products.
Existing HL clients with an investment account still need to register for this offer. If the balance of your account drops below your qualifying amount within 6 months, we may reclaim the cashback.
You will not be eligible for the offer if you already have an Active Savings account – this includes accounts with no money in them. .
| You save | Your cashback |
|---|---|
| £5,000 - £9,999 | £10 |
| £10,000 - £19,999 | £20 |
| £20,000 - £29,999 | £30 |
| £30,000 - £49,999 | £40 |
| £50,000 - £79,999 | £50 |
| £80,000 or more | £100 |
Important - Please enter your full name and correct email address. These details will need to match the details on the new Active Savings account you set up, or those on your existing HL account if you’re already a client. If the details do not match, your cashback payment may not be made automatically.
All emails relating to this initiative are classed as general marketing. By filling out this form you are signing up for emails relating to the cashback offer and other relevant marketing we believe might be of interest to you. We explain how we use your data in our Privacy Policy.
If you would like to amend your marketing preferences or unsubscribe, you can do so by clicking ‘unsubscribe’ on any of our emails, once logged in to your account, or by calling our helpdesk on 0117 900 9000.
Step 1
Register for the cashback.
- Updates on the best available rates
- Reminders when the offer is closing
First you need to confirm you are not an Active Savings client by ticking the box below, then complete your details to register.
Thank you for registering for our latest cashback offer. You should receive a confirmation email shortly.
There was a problem signing up.
Please contact us for help.
Step 2
Open a new Active Savings account by 31 January 2024.
You then have up to 60 days to top up at least £5,000 by debit card or Pay by Bank and deposit this into one or more products.
Receive your cashback to your Active Savings account within a month of qualifying.
Important - Please enter your full name and correct email address. These details will need to match the details on the new Active Savings account you set up, or those on your existing HL account if you’re already a client. If the details do not match, your cashback payment may not be made automatically.
All emails relating to this initiative are classed as general marketing. By filling out this form you are signing up for emails relating to the cashback offer and other relevant marketing we believe might be of interest to you. We explain how we use your data in our Privacy Policy.
If you would like to amend your marketing preferences or unsubscribe, you can do so by clicking ‘unsubscribe’ on any of our emails, once logged in to your account, or by calling our helpdesk on 0117 900 9000.
Keeping you and your cash safe
FSCS
When you add money to a savings product, it’s held by that bank or building society. Eligible deposits are protected up to £85,000 per banking licence. Any deposits over £85,000 with the same provider are not likely to be covered.
Account security
We use 2-factor authentication with automatic timeouts to protect your account alongside your usual log in details and encryption technology to keep you and your money secure. Find out more about how we protect your account.
Safeguarding
Money with Active Savings which isn’t in a savings product is held in the cash hub. Money in the cash hub is kept separate from our own company money in a safeguarded account with Barclays Bank, covered under their banking licence. As we are not a bank, it’s either protected through the FCA’s safeguarding rules if we (Hargreaves Lansdown Savings Ltd) were to fail, or the FSCS, if Barclays were to fail.
FCA
All our banking partners are authorised by the Prudential Regulation Authority, regulated by the Financial Conduct Authority and Prudential Regulation Authority, and are covered by the Financial Services Compensation Scheme (FSCS).
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).