Protection
FSCS£120,000
Monthly limit
£500
Max balance
No limit
Access
Instant
Interest paid
Annually
How It Stacks Up
Ranks 49th of 56
Regular savers we track
This account 3.25%
- UK CPI (Aug 2026)
- 3.10%
- Pays 0.15% more
- Average regular saver
- 4.96%
- Pays 1.71% less
- Best regular saver
- 8.00%
- Pays 4.75% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
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 £500 a month
Good to Know
First-time buyers (never held a mortgage with Progressive or another lender) resident in the UK, aged 18+, sole name only. One Online First Home Saver Account per person; opened and managed online only. Qualifies for £500 cashback on a Progressive first-home mortgage in Northern Ireland with a £2,000+ balance at application and £1+ at completion.
Please verify all details with the provider – see our Disclaimer
See all Progressive Building Society accounts
