We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Active Savings Account hero

Active Savings Account

Access great savings rates from multiple banks.
All through one online account.

Open an account

Important information - The information on this page is to help you make your own decisions and is not personal advice. If your savings rate is lower than the rate of inflation, the spending power of your money will reduce over time. Fixed term products generally only allow access to your cash at maturity.

Revolutionise the way you save

Through one online account, you can hold savings from multiple banks and building societies.

Take the hassle out of earning interest
Forget the faff of multiple savings accounts and logins. Move cash between banks and savings products in minutes. All through a single login.

Options to keep your cash working
If your fixed rate is maturing, we'll keep you updated on your options to earn more interest. As well as the best rates on the platform.

How it works

2.73% 5.43% 5.49% 5.21%

Some of the best rates on offer

Easy access

Pays a variable interest rate. Withdraw money at any time - it usually takes 1 working day.

Limited access

Pays a variable interest rate. Limited number of money withdrawals without penalty.

Fixed rate

Pays a fixed interest rate for the length of the term. Withdraw money at the end of the term.

Market leading Sharia rate
Market leading interest rate

Easy access

4.72% | 4.62%
(AER | Gross)

Market leading Sharia rate
Market leading interest rate

1 year

5.01% | 5.01%
(AER | Gross)

Market leading Sharia rate
Market leading interest rate

6 months

5.06% | 5.00%
(AER | Gross)

Market leading Sharia rate
Market leading interest rate

2 years

4.95% | 4.95%
(AER | Gross)

Market leading Sharia rate
Market leading interest rate

Easy access

4.72% | 4.62%
(AER | Gross)

Market leading Sharia rate
Market leading interest rate

6 Months

5.06% | 5.00%
(AER | Gross)

Market leading Sharia rate
Market leading interest rate

1 year

5.01% | 5.01%
(AER | Gross)

Market leading Sharia rate
Market leading interest rate

2 years

4.95% | 4.95%
(AER | Gross)

Source for market leading rates: Moneyfacts, 13 Mar 2024 at 9:01am. Please note products can be added or withdrawn at any time.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.

Find out more about FSCS protection

See all our latest rates

Log in to your Active Savings account

Open an Active Savings account

Discover Active Savings

See all our latest rates

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.

Bank of London and The Middle East plc operates under Islamic Finance principles and do not offer interest on their products, instead they pay an expected profit rate. Find out more about Sharia banking.

Trusted with over £10bn of our client's cash savings

Great rates

Great rates

Pick and mix between consistently competitive easy access and fixed rate savings.

Explore latest rates

Multiple banks

Multiple banks

Choose rates from our wealth of banking partners and spend less time shopping around.

How Active Savings works

One place

One place

Manage everything through one login. Spread cash across banks without the hassle.

An easy way to save

Tax and your Personal Savings Allowance

You could earn up to £1,000 of interest tax free, depending on which income tax band you're in. This is known as your Personal Savings Allowance.

Interest you earn over your allowance could be subject to income tax. Benefits depend on individual circumstances and rules can change.

All interest paid into your Active Savings account is paid without tax deducted, and counts towards your Personal Savings Allowance.

More on savings tax

Grow your savings free of charge

We do not charge any set-up, annual, or exit fees for Active Savings Accounts.

Instead, we charge our banking partners who pay us a percentage fee for every product they may have on our platform.

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.

Our banking partners

Aldermore Logo
Allica Bank Logo
Arbuthnot Logo
BLME Logo
Charter Savings Logo
Close Brothers Logo
Coventry Building Society Logo
Emirates NBD
GB Bank
ICICI Logo
Investec Logo
Kent Reliance Logo
LHV Bank
Metro Bank Logo
OakNorth Logo
Paragon Logo
RateSetter
Sainsbury's Bank
Santander International Logo
United Trust Bank Logo
Zopa Bank
Aldermore Logo
Allica Bank Logo
Arbuthnot Logo
BLME Logo
Charter Savings Logo
Close Brothers Logo
Coventry Building Society Logo
Emirates NBD
GB Bank
ICICI Logo
Investec Logo
Kent Reliance Logo
LHV Bank
Metro Bank Logo
OakNorth Logo
Paragon Logo
RateSetter
Sainsbury's Bank
Santander International Logo
United Trust Bank Logo
Zopa Bank

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 £85,000 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.

How it works

  1. Add your money to the Active Savings Account.
  2. Choose as many products as you like from our different banking partners.
  3. Spread your money across the products.
  4. Withdraw your money or select a new product to save into.

Read about how it works

Ready to get started?

Open an Active Savings Account. Deposit your cash and watch your savings grow.

Open an account

Active Savings Account or Cash ISA?

Not sure what's right for you? Read more about our accounts and learn about differences in tax treatments, contribution limits and access to cash.

Compare accounts

Insights

Guides and Tools

We've pulled together everything you need to know to make the most from your savings.

Find out more

Frequently asked questions

If you've got a more detailed question that hasn't been answered in our pages, take a look through our FAQs.

Active Savings Account FAQs

Sign up for alerts

Be the first to hear when transfers into the HL Cash ISA are available and when we welcome new banking partners.

Active Savings alerts


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).