Progressive BS ticks variable rate savings box - Savings - News - Moneyfacts

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Progressive BS ticks variable rate savings box

Progressive BS ticks variable rate savings box

Category: Savings

Updated: 21/10/2010
First Published: 21/10/2010

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 Building Society's new two year variable rate bond ticks all the right savings boxes.

Paying 3.25%, it is the top variable rate bond for a similar term.

However, with two year fixed rate bonds offering better rates at present, savers will need to decide whether they think the base rate will rise in the near future or not.

As no earlier access is permitted, savers will also need to ensure that they can definitely live without their funds during the term.

For a cracking rate, this savings deal earns four out of five Moneyfacts stars.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.

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