Progressive

Interest Rates for ALL our accounts are listed below.

To view further information on any of the accounts click on the View Account Information link or to download an application form in PDF format, click on the Download Application Form link.


Business 90 - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
0.00 24999.99 0.10 0.08
25000.00 1000000.00 4.55/4.47 3.58

Capital Bond - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
0.00 999.99 0.10 0.08
1000.00 24999.99 4.15 3.32
25000.00 49999.99 4.25 3.40
50000.00 99999.99 4.40 3.52
100000.00 1000000.00 4.70 3.76

Capital Bond (Monthly Income) - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
0.00 4999.99 0.10 0.08
5000.00 24999.99 4.00 3.20
25000.00 49999.99 4.10 3.28
50000.00 99999.99 4.25 3.40
100000.00 1000000.00 4.55 3.64

Investment Share - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
0.00 99.99 0.10 0.08
100.00 4999.99 1.20 0.96
5000.00 9999.99 1.50 1.20
10000.00 24999.99 1.75 1.40
25000.00 1000000.00 2.05 1.64

Cash ISA - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
10.00 19999.99 4.55 Tax - free
20000.00 24999.99 4.65 Tax - free
25000.00 29999.99 4.85 Tax - free
30000.00 - 5.25 Tax - free
Tax-Free means the rate of interest payable where interest paid is exempt from income tax.

Premium 90 - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
0.00 499.99 0.10 0.08
500.00 9999.99 2.40 1.92
10000.00 24999.99 2.85 2.28
25000.00 49999.99 3.30 2.64
50000.00 99999.99 3.65 2.92
100000.00 1000000.00 3.90 3.12

Premium 90 (Monthly Income) - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
0.00 4999.99 0.10 0.08
5000.00 9999.99 2.25 1.80
10000.00 24999.99 2.70 2.16
25000.00 49999.99 3.15 2.52
50000.00 99999.99 3.50 2.80
100000.00 1000000.00 3.75 3.00

Premium Saver - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
0.00 999.99 0.10 0.08
1000.00 9999.99 3.50 2.80
10000.00 24999.99 4.00 3.20
25000.00 1000000.00 4.50 3.60

Start Up Children's Savings Account - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
1.00 20000.00 4.75 3.80

Premium Return - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
0.00 499.99 0.10 0.08
500.00 4999.99 2.60 2.08
5000.00 9999.99 3.05 2.44
10000.00 24999.99 3.35 2.68
25000.00 1000000.00 3.85 3.08

Postal 7-Day Notice Account (Issue 1) - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
0.00 499.99 0.10 0.08
500.00 1000000.00 5.95 4.76

Limited Issue 1 Yr Bond Issue 55 (Maturing 01/01/2010) - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
- 499 0.10 0.08
500 24999 4.55 3.64
25000 49999 4.65 3.72
50000 1000000 4.75 3.80

Limited Issue 1 Yr Bond Issue 55 (Monthly Income) (Maturing 01/01/2010) - Interest Rates

Current rates
Balance from
(£)
Balance to
(£)
AER/Gross
%p.a.
Net Equiv.
%p.a.
- 4999 0.10 0.08
5000 24999 4.40 3.52
25000 49999 4.50 3.60
50000 1000000 4.60 3.68
 
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
 
The Net Interest Rate quoted is paid or credited after deduction of income tax at the appropriate rate. Gross Interest is the rate payable before the deduction of income tax.
 
12th November 2008
Reduction In Progressive's Mortgage Base Rate
4th November 2008
New Mortgage Package 05/11/2008
8th October 2008
Financial Services Compensation Scheme
Progressive: In the community
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