Hargreaves Lansdown Interest Rates
Cash held within the Vantage Portfolios
| Account Balance | Gross % for this tier only* |
AER % applied to this tier only* |
Net % for this tier only* |
|---|---|---|---|
| £50,000 + | 4.50 | 4.59 | 3.60 |
| £7,000 - £49,999.99 | 4.00 | 4.07 | 3.20 |
| £1,000 - £6,999.99 | 2.00 | 2.02 | 1.60 |
| £0 - £999.99 | 1.00 | 1.00 | 0.80 |
Base rate as at 08/10/2008 - 4.5% - All rates are variable
Interest will be calculated differently for different parts (or "tiers") of your overall cash balance, as shown in the table above.
Note: Interest in the above Accounts are tiered within bands so you will currently receive 1.00% (gross) on the first £999.99, 2.00% (gross) on the amount above £1000 and below £6,999.99, 4.00% on balances above £7,000 and below £49,999.99 etc.
Please note that while the value of each tier will remain the same, subject to the change detailed above, the level of interest paid for that tier may vary over time. Interest on cash within the Vantage SIPP, Fund Account and Share Account is paid gross. Interest within the Vantage Stocks and Shares ISA is paid net. If you hold cash balances in more than one Vantage account these will be considered separately when calculating the tiered interest for each account.
*The interest rates shown apply to money held in each tier, not the account balance as a whole. This is because clients will receive a blended rate overall depending on how much money is held in each tier. The gross, net and Annual Equivalent Rates shown should not therefore be used for comparative purposes against other accounts.
Interest Rates on the Hargreaves Lansdown Cash ISA
| Account Balance | Interest Gross % | AER % | Interest NET % |
|---|---|---|---|
| £0+ | 4.25 | 4.33 | 3.40 |
Base rate as at 08/10/2008 - 4.5% - All rates are variable
All Interest on your Cash ISA will be paid Gross (Interest without tax deduction), so long as you comply with the relevant ISA Legislation.
Cash held within the HLAM Analyst Stocks & Shares ISA
| Account Balance | Interest Gross % | AER % | Interest NET % |
|---|---|---|---|
| £7,000 + | 4.25 | 4.33 | 3.40 |
| £3,000 - £6,999.99 | 3.25 | 3.30 | 2.60 |
| £500 - £2,999.99 | 1.75 | 1.76 | 1.40 |
| £1 - £499.99 | 1.00 | 1.00 | 0.80 |
Base rate as at 08/10/2008 - 4.5% - All rates are variable
Interest within Stocks & Shares ISAs is paid net.
Cash held within the Bank of Scotland Cheque Account
| Account Balance | Interest Gross % | AER % | Interest NET % |
|---|---|---|---|
| £50,000 + | 3.75 | 3.82 | 3.00 |
| £10,000 - £49,999.99 | 3.25 | 3.30 | 2.60 |
| £0 - £9,999.99 | 2.75 | 2.78 | 2.20 |
Base rate as at 08/10/2008 - 4.5% - All rates are variable
Cash held within the Portfolio Management Services
| Account Balance | Interest Gross % | AER % | Interest NET % |
|---|---|---|---|
| £0 + | 4.25 | 4.33 | 3.40 |
Base rate as at 08/10/2008 - 4.5% - All rates are variable
The gross rate is the agreed rate of interest payable before the deduction of income tax at the rate specified by law. The HMRC makes a 20% flat charge on interest paid on cash held in the ISA so it is paid net. AER means Annual Equivalent Rate and illustrates what the interest would be if interest was paid and compounded each year. Rates correct as at 08/10/2008. Interest rates are variable and not guaranteed.