Hargreaves Lansdown Active Savings Jun 2026

: When you deposit money, it initially sits in a non-interest-bearing "Cash Hub" held at Barclays.

It was launched by Hargreaves Lansdown, best known for its investment ISA and SIPP, as a way to bring the same ease-of-use to cash savings. hargreaves lansdown active savings

– Recommended for organised savers and existing HL clients. : When you deposit money, it initially sits

Active Savings charges to you. HL earns from the banks for providing access. Active Savings charges to you

The real value is . You get access to banks you might not apply to directly, without losing protection.

This is a deep-dive review of .

Active Savings is not a bank account itself, but a . Instead of opening and closing accounts with multiple providers to get the best interest rate, you hold your money in one place and can move it between different savings products (easy access, notice accounts, or fixed-term bonds) with just a few clicks.