Freedom Isn’t Free UK Personal Finance
Savings
Hargreaves Lansdown Cash ISA: Rates and How It Works
The Hargreaves Lansdown Cash ISA is a tax-free savings marketplace: one account lets you pick, mix and switch easy-access and fixed-rate ISAs from more than 10 banks, with no HL fee. Interest is tax-free and it uses your GBP 20,000 ISA allowance. Rates are competitive, though not always the market best.
Hargreaves Lansdown Cash ISA at a glance (2026)
| Feature | Detail |
|---|---|
| What it is | A Cash ISA marketplace: pick, mix and switch rates from more than 10 banks in one account |
| Tax | Interest is tax-free; it uses your GBP 20,000 annual ISA allowance |
| Products | Easy access (variable) and fixed rate (1 month to 5 years) |
| Representative rates (Jul 2026) | Around 3.45% on HL own-brand easy access, up to roughly 4.4% picking a partner bank |
| HL fee | None (HL is paid a margin by the partner banks) |
| Minimum | GBP 1 into the hub, then the chosen product minimum |
| Transfers in | Yes, including from an HL Stocks and Shares ISA without using your allowance |
| FSCS protection | GBP 120,000 per person per bank or building society |
| Withdrawals | Up to two working days to your bank; GBP 100,000 daily limit to a nominated account |