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Hargreaves Lansdown launches first cash ISA – how does it compare?
['Daniel Hilton']
Latest from MoneyWeek
Britain’s biggest investment platform, Hargreaves Lansdown, has launched its first-ever cash ISA product, offering customers the ability to save up to £1 million in a single cash product.
Mark Hicks, head of active savings at Hargreaves Lansdown, said the account will offer clients a “consistently competitive savings rate”.
How does Hargreaves Lansdown’s cash ISA compare to others on the market?
The top easy-access cash ISA rate is almost a full percentage point higher at 4.38%, offered by Trading 212.
The rate offered is certainly not poor, being significantly higher than the average no notice cash ISA rate of 2.77%, according to Moneyfacts.
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