When you first add money, it sits in a "cash hub" (currently held by Barclays). This hub doesn't pay interest but acts as the central point for moving funds into specific savings products.
When a fixed-term account matures or a better rate becomes available elsewhere, you can move your money to a new bank within the platform with just a few clicks—no new application forms are required. Key Features and Benefits hl active savings
Overall, HL Active Savings is a competitive savings account that offers a higher interest rate and flexibility, making it a good option for individuals looking for a short-term savings solution. When you first add money, it sits in
Active Savings Account | Switch Interest Rates Any Time | HL Key Features and Benefits Overall, HL Active Savings
As Emily's savings continued to grow, she began to explore other benefits of her HL Active Savings account. She discovered she could set up sub-accounts for specific goals, such as a down payment on a house or a vacation fund. This feature helped her stay organized and focused on her long-term objectives.