Go forward with Progressive BS bonds - Savings - News - Moneyfacts


Go forward with Progressive BS bonds

Go forward with Progressive BS bonds

Category: Savings

Updated: 22/12/2009
First Published: 22/12/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Progressive BS has kept rates unchanged on its fixed term bond portfolio, bucking the recent trend of downward reversions.

Its Limited Issue 1 Year Fixed Term Bond matures on 1.2.11, with a minimum investment of £500 (£5K for monthly option) paying 3.45% yearly (3.30% monthly), £50K – 3.50% (3.35%, £100K – 3.60% (3.45%).

Its Limited Issue 2 Year Fixed Term Bond matures on 1.2.12, with a minimum investment of £500 (£5K for monthly option paying 4.20% yearly (4.05% monthly).

No early access is permitted, although further additions can be made (minimum £500) whilst the issue remains open.

Both bonds have been awarded four out of five Moneyfacts stars.

Compare short term fixed rate bonds

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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