Progressive Building Society

Progressive Building Society
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Children's Accounts

Children's Savings Accounts

Progressive Building Society

18 Month Fixed Rate Bond (Issue 49)

Account Type i 18 Month Bond
Interest Rate (AER) i 4.25%
Minimum Opening Balance i £500.00
Maximum Balance i £1,000,000.00
Notice Period i
Fixed Term Length i 18 Month Bond
Minimum Age to Open Account i 0
Maximum Age i 0
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Progressive Building Society

1 Year Variable Rate Bond (Issue 4)

Account Type i 1 Year Bond
Interest Rate (AER) i 5.05%
Minimum Opening Balance i £500.00
Maximum Balance i £1,000,000.00
Notice Period i
Fixed Term Length i 1 Year Bond
Minimum Age to Open Account i 0
Maximum Age i 0
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Progressive Building Society

2 Year Variable Rate Bond (Issue 4)

Account Type i 2 Year Bond
Interest Rate (AER) i 5.05%
Minimum Opening Balance i £500.00
Maximum Balance i £1,000,000.00
Notice Period i
Fixed Term Length i 2 Year Bond
Minimum Age to Open Account i 0
Maximum Age i 0
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Progressive Building Society

1 Year Fixed Rate Bond (Issue 6)

Account Type i 1 Year Bond
Interest Rate (AER) i 4.35%
Minimum Opening Balance i £500.00
Maximum Balance i £1,000,000.00
Notice Period i
Fixed Term Length i 1 Year Bond
Minimum Age to Open Account i 0
Maximum Age i 0
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Progressive Building Society

2 Year Fixed Rate Bond (Issue 6)

Account Type i 2 Year Bond
Interest Rate (AER) i 4.15%
Minimum Opening Balance i £500.00
Maximum Balance i £1,000,000.00
Notice Period i
Fixed Term Length i 2 Year Bond
Minimum Age to Open Account i 0
Maximum Age i 0
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Savings Accounts

1 Year Fixed Rate Accounts

Progressive Building Society

1 Year Fixed Rate Bond (Issue 6)

Interest Rate (AER) i 4.35%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a fixed term account with similar terms.
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 0
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty i

18 Month Fixed Rate Bonds

Progressive Building Society

18 Month Fixed Rate Bond (Issue 49)

Interest Rate (AER) i 4.25%
Minimum Opening Balance i £500.00
What happens at maturity? i Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be reinvested in a further Fixed Rate/Fixed Term account on equivalent/similar terms
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 0
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty i

2 Year Fixed Rate Accounts

Progressive Building Society

2 Year Fixed Rate Bond (Issue 6)

Interest Rate (AER) i 4.15%
Minimum Opening Balance i £500.00
What happens at maturity? i As the account approaches its maturity date, your provider will contact you to request instructions. If no further guidance is provided by the maturity date, the funds will be reinvested for the same or similar term.
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 0
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty i

Progressive Building Society

2 Year Fixed Rate Monthly Income Bond (Issue 6)

Interest Rate (AER) i 4.1%
Minimum Opening Balance i £25,000.00
What happens at maturity? i Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be reinvested in a further Fixed Rate/Fixed Term account on equivalent/similar terms
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 0
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty i

Easy Access Accounts

Progressive Building Society

Branch Instant Access Saver Account

Interest Rate (AER) i 2.8%
Balance Tiers i 2.80% from £1, 3.00% from £50,000
Minimum Opening Balance i £1.00
Withdrawal Penalty i
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 16
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i

Savings Accounts (ISAs)

1 Year Fixed Rate ISAs

Progressive Building Society

1 Year Fixed Rate ISA Bond (Issue 19)

Interest Rate (AER) i 4.1%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you no later than 15 days before the maturity date. However, if they receive no further instruction they will move the funds into an easy access cash ISA.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access costs 180 days interest
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Easy Access ISAs

Progressive Building Society

Cash ISA Account (Issue 6)

Interest Rate (AER) i 3.9%
Minimum Opening Balance i £10.00
Part of FSCS i
Withdrawal Penalty i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Progressive Building Society

1 Year Double Access Cash ISA Account (Issue 2)

Interest Rate (AER) i 4.5%
Minimum Opening Balance i £500.00
Part of FSCS i
Withdrawal Penalty i Up to two withdrawals per tax year, transforming into an instant access cash ISA thereafter.
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i