This article first appeared on YourMoney.com
Hargreaves Lansdown has announced a tie-up with Islamic bank the Bank of London and the Middle East (BLME) which is offering market-leading rates on one, two and five-year fixed rate bonds.
BLME’s savings products will be available on Hargreaves Lansdown’s Active Savings platform which launched last year. Active Savings is an online savings marketplace, which lets you open a single account, then move your money between accounts from different banks and building societies quickly and easily without having to complete another application.
It means, for example, you can put your money into an easy access account, and then move a chunk of it to a fixed term account with an entirely different bank in just a few clicks.