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Is Hargreaves Lansdown Cash ISA protected by FSCS

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Comments

  • where_are_we
    where_are_we Posts: 1,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 14 November 2025 at 8:02PM
    Downsides -  it is not flexible and you cannot do a direct ISA transfer. An indirect transfer can be achieved by first transferring to a HL Stocks 
    and Shares ISA and then onto the cash ISA. Would there be any costs associated with this process? There would be a HL S&S ISA with zero balance after transferring to an HL cash ISA. Is that ok? But the rate is excellent although variable. It is a tempting offer.
  • There is a conversation on the "Best cash ISA`s" thread. It seems you need to deposit minimum £1 in the HL cash ISA. That seems to rule me out because I have used up this years £20k ISA allowance?  
  • wmb194
    wmb194 Posts: 6,128 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    There is a conversation on the "Best cash ISA`s" thread. It seems you need to deposit minimum £1 in the HL cash ISA. That seems to rule me out because I have used up this years £20k ISA allowance?  
    Do you have any flexible Isas into which you've made a deposit this year? If so, withdraw a pound from one of those and deposit it in the HL cash Isa.
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