Easy Access

Progressive Building Society Online Instant Access Saver Account Review

A competitive easy access account from Progressive Building Society. It ranks 102nd of 194 easy access accounts we track.

Variable rate

3.00%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

£5,000,000

Access

Instant

Interest paid

Yearly

How It Stacks Up

Ranks 102nd of 194

Easy access accounts we track

Above average
This account 3.00%
UK CPI (Aug 2026)
3.10%
Pays 0.10% less
Average easy access
2.86%
Pays 0.14% more
Best easy access
5.50%
Pays 2.50% less

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

A better-paying alternative

Tembo bank logo

Tembo

HomeSaver

4.55%

AER

  • Pays 1.55% more than this Progressive Building Society account
  • Instant access, open with £10
Compare Easy Access Accounts

We may earn a commission if you open this account.

A Good Fit For

  • Pro: New and existing savers
  • Pro: Savers who want instant access

Worth Weighing Up

  • Con: The rate is variable, so it can go down

Please verify all details with the provider – see our Disclaimer

See all Progressive Building Society accounts

Estimated returns with Progressive Building Society's Easy Access

What you could earn with Progressive Building Society's Online Instant Access Saver Account.

Estimated interest

£1,000 saved

£30.00

At 3% AER

£5,000 saved

£150

At 3% AER

£10,000 saved

£300

At 3% AER

£5,000,000 saved

£150,000

At 3% AER

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

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

Our Expert Opinion on Progressive Building Society Online Instant Access Saver Account

Jonny PeaseCo-Founder, DepositScout

Progressive Building Society's Online Instant Access Saver pays 3.00%, which is below the market average for easy access accounts and sits 2.00% behind the category leader at 5.00%, so this is hard to recommend on rate alone. It also just about fails to keep pace with inflation, coming in 0.10% below CPI of 3.1% as of Aug 2026. The account does accept balances up to £5,000,000 and has no minimum worth worrying about, but I would still check Kent Reliance's Branch Easy Access Saver at 3.20% or Monzo's Select Access Savings at 3.15% before settling here.

Compare Easy Access Accounts

2 alternatives to Progressive Building Society's Online Instant Access Saver Account

Same type of account, closest on rate.

Common questions about the Online Instant Access Saver Account

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