Cash ISACompare 5 Year Fixed Rate Cash ISAs

Progressive Building Society 5 Year Fixed Rate ISA Bond Review

A five-year cash ISA from Progressive Building Society. It ranks 30th of 32 five-year cash ISAs we track.

Fixed rate · 5 years

3.80%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

£20,000

Access

No withdrawals without closure

Interest paid

Yearly

Transfers in

Accepted

How It Stacks Up

Ranks 30th of 32

5-year cash ISAs we track

Well below average
This account 3.80%
UK CPI (Aug 2026)
3.10%
Pays 0.70% more
Average 5-year cash ISA
4.72%
Pays 0.92% less
Best 5-year cash ISA
5.25%
Pays 1.45% less

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

Compare cash ISAs

Pros and cons

  • Pro: New and existing savers
  • Con: Not flexible: money you withdraw can't be replaced without using more allowance

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Estimated returns with Progressive Building Society's Cash ISA

What you could earn with Progressive Building Society's 5 Year Fixed Rate ISA Bond.

Estimated interest

£1,000 saved

£205

At 3.8% AER

£5,000 saved

£1,025

At 3.8% AER

£10,000 saved

£2,050

At 3.8% AER

£20,000 saved

£4,100

At 3.8% AER

Estimated over the 60-month term, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Our Expert Opinion on Progressive Building Society 5 Year Fixed Rate ISA Bond

Jonny PeaseCo-Founder, DepositScout

Progressive Building Society's 5 Year Fixed Rate ISA Bond pays 3.80%, which is below the market average for Cash ISAs and sits 1.45% behind the current category leader at 5.25%, so it is hard to recommend on rate alone. It does beat August 2026 CPI of 3.1% by 0.70%, which at least preserves real value, but alternatives such as Furness Building Society's 5 Year Fixed Rate Cash ISA at 4.91% offer meaningfully more over the same term. The real catch here is the no-withdrawal rule, meaning your money, up to the £20,000 maximum, is locked away for five years unless you close the account entirely.

Compare Cash ISAs

2 alternatives to Progressive Building Society's 5 Year Fixed Rate ISA Bond

Same type of account, closest on rate.

Common questions about the 5 Year Fixed Rate ISA Bond

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