2 Year Fixed Rate Bond (Issue 40)

Fixed for 2 years · Checked 3 Nov 2026, 12:30

4.45%

AER

Above inflation: CPI 3.5%, September 2026

What you'd earn

If you put in (£)

You'd earn about £1,819.60 in 2 years, before any tax.

Worked out from the AER. Variable rates can change.

The conditions in plain English

Access: No withdrawals until the term ends.
Minimum: £1
Interest paid: Once a year
Manage by: Branch, Post
Who can apply: No extra conditions beyond the bank's standard checks.
Where we read it: Progressive Building Society's own page, 3 November 2026

Full details

Juno hasn't read a Summary Box for this account yet. Progressive Building Society's own page has the full terms and conditions.

Who holds your money

Deposit-taker: Progressive Building Society
Incorporated in: United Kingdom
Regulated: Yes, by the Prudential Regulation Authority and Financial Conduct Authority (FRN 161841)
Protection and disputes: Financial Services Compensation Scheme and Financial Ombudsman Service
Capital: Total assets of £2,279.6m and total liabilities of £2,105.7m at 31 December 2025 (annual report 2025)

FSCS protection

Up to £120,000 per person is protected across everything you hold with Progressive Building Society.

Check your total protection

Rate history

No change since tracking began.

Don't miss the end date

The term ends after 2 years. Add a reminder two weeks before. It goes straight into your calendar; we keep nothing.

Go to Progressive Building Society to apply

You'll apply on Progressive Building Society's own website. Progressive Building Society may pay us if you open this account; that doesn't affect its position in our results.