Hargreaves Lansdown Active Savings Review

HL doesn’t charge you a platform fee for Active Savings (they charge the banks a fee instead).

Active Savings Account | Switch Interest Rates Any Time | HL

Managing savings across multiple banks can be an administrative burden, often leading to "savings inertia" where cash sits in low-interest high-street accounts. The platform addresses this by acting as a central "savings supermarket," allowing users to access dozens of competitive rates from different providers through a single online login. hargreaves lansdown active savings review

While rates fluctuate, the platform consistently offers products that outperform high-street averages. Discover our range of savings accounts | HL

Based on our review, we would give the Hargreaves Lansdown Active Savings account a rating of 4.5 out of 5 stars. HL doesn’t charge you a platform fee for

The Hargreaves Lansdown Active Savings account is a solid option for those looking for a flexible savings account with competitive interest rates. While it may not be the best option for everyone, it is a good choice for those who want to save up to £250,000 and need access to their money at short notice.

Here’s a concise, balanced review of based on its features, pros, cons, and how it compares to alternatives. While it may not be the best option

However, we would caution that:

HL negotiates with partner banks. Rates are often better than high street easy-access accounts, but not always market-leading compared to top challenger banks or savings platforms like Raisin UK.

Use your £20,000 annual allowance to spread tax-free savings across multiple banks within the same ISA. Current Interest Rates (May 2026)

Fewer partner banks than dedicated savings platforms like Raisin or Flagstone.