Hargreaves Lansdown Bank ((hot)) Jun 2026

HL pays interest on uninvested cash held within ISAs and SIPPs. While historically low, the post-2022 interest rate environment has made this feature extremely valuable. HL negotiates rates with a panel of banks (including Santander and NatWest) and passes a portion of the yield to clients. This mimics a bank’s deposit-taking function but without lending the money out; instead, HL places it in institutional money markets.

Here is a comprehensive guide to banking and savings with Hargreaves Lansdown. hargreaves lansdown bank

Hargreaves Lansdown is a well-established UK-based investment bank that has been providing financial services to individuals and institutions for over 40 years. Founded in 1981 by Peter Hargreaves and Stephen Lansdown, the company has grown to become one of the largest and most respected investment platforms in the UK. HL pays interest on uninvested cash held within