Progressive Building Society

Progressive Building Society
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Savings Accounts

1 Year Fixed Rate Accounts

Progressive Building Society

1 Year Fixed Rate Bond (Issue 154)

Interest Rate (AER) i 3.75%
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 (days) i

2 Year Fixed Rate Accounts

Progressive Building Society

2 Year Fixed Rate Bond (Issue 150)

Interest Rate (AER) i 4.05%
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 (days) i

3 Year Fixed Rate Accounts

Progressive Building Society

3 Year Fixed Rate Bond (Issue 148)

Interest Rate (AER) i 4%
Minimum Opening Balance i £25,000.00
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 (days) i

5 Year Fixed Rate Accounts

Progressive Building Society

5 Year Fixed Rate Bond (Issue 143)

Interest Rate (AER) i 4.05%
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 (days) i

Easy Access Accounts

Progressive Building Society

Progressive Saver Account

Interest Rate (AER) i 1.6%
Maximum Balance i £1,000,000.00
Part of FSCS i
Withdrawal Penalty i 4 penalty free withdrawals per year, any further withdrawals will cost 90 days interest
Additional Information i
Minimum Opening Balance i £1,000.00
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 Must be from Northern Ireland
Penalty free withdrawals? i

Progressive Building Society

Investment Share Account

Interest Rate (AER) i 1.5%
Maximum Balance i £1,000,000.00
Part of FSCS i
Withdrawal Penalty i
Additional Information i
Minimum Opening Balance i £100.00
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 Must be from Northern Ireland
Penalty free withdrawals? i

Regular Savers

Progressive Building Society

Clockwork Regular Saver (Issue 2)

Interest Rate (AER) i 2.5%
Additional Information i
Maximum Balance i £1,000,000.00
Withdrawal Penalty i If accessed prematurely the account will revert to an instant access account.
Minimum Monthly Investment i £20.00
Maximum Monthly Investment i £500.00
Penalty free withdrawals? i
Minimum Opening Balance i £20.00
Minimum Age to Open Account i 18
Sharia Account i
Part of FSCS 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 Customer must be local to Northern Ireland
Notice Period i
Fixed Term Length i
Additional Information i

Progressive Building Society

First Home Saver Account (Issue 1)

Interest Rate (AER) i 2.75%
Additional Information i
Maximum Balance i £1,000,000.00
Withdrawal Penalty i No Penalty
Minimum Monthly Investment i £0.00
Maximum Monthly Investment i £500.00
Penalty free withdrawals? i
Minimum Opening Balance i £20.00
Minimum Age to Open Account i 18
Sharia Account i
Part of FSCS 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 Customer must be local to Northern Ireland, must also not currently have a mortgage.
Notice Period i
Fixed Term Length i
Additional Information i

Savings Accounts (ISAs)

1 Year Fixed Rate ISAs

Progressive Building Society

1 Year Fixed Rate ISA Bond (Issue 14)

Interest Rate (AER) i 3.75%
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?
Can you transfer in funds from a stocks and shares ISA?

2 Year Fixed Rate ISAs

Progressive Building Society

2 Year Fixed Rate ISA Bond (Issue 17)

Interest Rate (AER) i 4%
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?
Can you transfer in funds from a stocks and shares ISA?

3 Year Fixed Rate ISAs

Progressive Building Society

3 Year Fixed Rate ISA Bond (Issue 7)

Interest Rate (AER) i 4%
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?
Can you transfer in funds from a stocks and shares ISA?

5 Year Fixed Rate ISAs

Progressive Building Society

5 Year Fixed Rate ISA Bond (Issue 4)

Interest Rate (AER) i 4%
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?
Can you transfer in funds from a stocks and shares ISA?

Easy Access ISAs

Progressive Building Society

Cash ISA (Issue 5)

Interest Rate (AER) i 1.9%
Part of FSCS i
Withdrawal Penalty i
Minimum Opening Balance i £10.00
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?
Can you transfer in funds from a stocks and shares ISA?

Junior ISAs

Interest Rate (AER) i 2.5%
Part of FSCS i
Minimum Opening Balance i £1.00
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 Must be from Northern Ireland
Are early withdrawals allowed? i
Conditions of early withdrawal i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i