Regular Saver

Progressive Building Society 1 Year Monthly Saver Review

One of the best-paying regular savers, from Progressive Building Society, letting you save up to £200 a month for 1 year. It ranks 2nd of 54 regular savers we track.

Variable rate · 1 year

7.00%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Monthly limit

£200

Max balance

No limit

Access

Instant

Interest paid

Anniversary

How It Stacks Up

Ranks 2nd of 54

Regular savers we track

Among the best
This account 7.00%
UK CPI (Aug 2026)
3.10%
Pays 3.90% more
Average regular saver
4.97%
Pays 2.03% more
Best regular saver
8.00%
Pays 1.00% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

Compare regular savers

A Good Fit For

  • Pro: New and existing savers
  • Pro: Savers who want instant access
  • Pro: People who can save a set amount each month

Worth Weighing Up

  • Con: The rate is variable, so it can go down
  • Con: You can only pay in up to £200 a month

Good to Know

UK residents aged 18+, sole name, new customers and existing members. One account per person per issue. Opened and managed online only. After 12 months it rolls into a variable-rate online instant access account.

Please verify all details with the provider – see our Disclaimer

See all Progressive Building Society accounts

Estimated returns with Progressive Building Society's Regular Saver

What you could earn with Progressive Building Society's 1 Year Monthly Saver.

Estimated interest

£50 a month

£22.75

At 7% AER

£100 a month

£45.50

At 7% AER

£200 a month

£91

At 7% AER

Estimated over one year, if the rate stays the same and interest is left in. Assumes you pay in that amount every month for the full term.

Work out the tax on your interestSee how much of this interest could be taxed.

2 alternatives to Progressive Building Society's 1 Year Monthly Saver

Same type of account, closest on rate.

Common questions about the 1 Year Monthly Saver

D

DepositScout Alerts

Example alert

Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Example Easy Access Saver Rate Down
4.20% AER
4.75%
View Best Rates
Live Market Tracking

Be the first to know when this Progressive Building Society rate drops.

Join 1,000+ savers using DepositScout who get instant email alerts when top UK savings rates change. Never miss out on a better deal again.

Takes 30 seconds · No spam · Unsubscribe any time