Progressive NOW
With the power of tiered interest, it's easy to build up funds — just maintain a $5,000 minimum balance to avoid the monthly fee.
Details
- Features competitive interest to boost your balance
- Tiered interest, rewarding larger balances with higher rates*
- Avoid the $10 monthly service fee:
- Maintain a $5,000 minimum collected balance, OR
- Reduce the monthly service fee to $5 by enrolling in eStatements
- Unlimited check writing
- Includes additional benefits:
- Higher interest rate on certificates of deposit (some restrictions apply)
- Lower interest rate on installment loans (with automatic transfer from checking)
- Free online banking and bill pay**
- Free eStatements
- Free telephone banking
- Free debit card
- Surcharge-free ATMs, via the SUM Network
- $50 minimum deposit to open
*Qualifying tier rate paid on entire balance.
**With monthly login and eStatements.