- HL launches a market-leading* exclusive five-year fixed rate of 4.50% in its Cash ISA.
- This sits alongside four additional market-leading and inflation-beating rates on 6-month, 2, 3 and 5-year fixed term deposits from Chetwood Bank.
- There is also an easy access product, from Vida Savings, offering 4.27%.
- These products offer rates with limited availability, so savers should act quickly to lock in rates them before April 6.
- This is the last tax year where savvy savers will be able to take advantage of the £20k limit either side of the tax year end, as the limit is scheduled to be cut to £12,000 from April 2027 under 65s.
Mark Hicks, Director of Active Savings, Hargreaves Lansdown:
“With less than two weeks of the current tax year remaining, demand for ISA products in the UK is rising sharply, particularly with proposed changes to Cash ISA allowances set to take effect in April 2027. Anyone looking to maximise their Cash ISA allowance this year may wish to act soon, with several highly competitive rates still available and time to lock in those rates before April 6.
The growing popularity of Cash ISAs has driven rates above those of comparable non-ISA products, with high street banks responding to strong demand by offering increasingly attractive returns to draw in deposits. Our market-leading 3- and 5-year fixed-term products provide significantly higher returns than their non-ISA equivalents, with rates of up to 4.50%.
With intense market volatility, the market-leading fixed-term products available through Hargreaves Lansdown offer savers the chance to lock in guaranteed returns for 12 months and beyond, now. In an uncertain environment, fixing rates provides greater stability and clarity over future returns, giving savers a strong incentive to include fixed-term products as part of their overall strategy.
In addition to the market-leading easy access and multiple market-leading fixed term products, savers can also take advantage of HL’s unique proposition of having a Cash ISA and Stocks & Shares ISA, where clients can seamlessly move money between savings and investments.”
