Marking UK Savings Week, LHV Bank, one of the UK's newest licenced banks, has launched a new Fixed Rate ISA.  Offering an attractive interest rate of 4.30% per annum, the new ISA is available exclusively through Hargreaves Lansdown’s Active Savings platform.

Designed to help more individuals save tax-free and take control of their financial future, the new Fixed Rate ISA is an ideal opportunity for UK savers seeking to maximize their savings while benefiting from the security of a fixed return. Available only on Hargreaves Lansdown Active Savings platform, it allows savers to make the most of their tax-free allowance while growing their wealth in a low-risk environment.

"We are committed to helping savers achieve their financial ambitions," said Kris Brewster, Director of Retail Banking, LHV Bank. "With this competitive ISA product, LHV Bank is supporting savers on their journey to secure a better financial future, especially during UK Savings Week when awareness of effective saving solutions is top of mind."

The UK’s number one platform for private investors, the Hargreaves Lansdown Active Savings platform gives savers access to a wide range of easy access and fixed rate products offering competitive interest rates. The addition of the LHV Bank Fixed Rate ISA widens the choice for savers, all through one online account.

LHV Bank, which received a UK banking license in May 2023, is fully capitalised, and customer deposits are protected under the Financial Services Compensation Scheme (FSCS) up to a limit of £85,000.