The presented work aims at studying the modelling of long term performance of concrete compositions with different proportions of clinker as regards the diffusion of CO2 in concrete – carbonation. The replacing constituents of clinker that will be part of the binder in each concrete composition are limestone filler and low calcium fly ash (FA). The used percentage of FA by weight of binder was of 50%. Concrete compositions were made following standard prescribed requirements to attain service lives of 50 and 100 years as regards concrete performance against reinforcing steel corrosion. Test results of compressive strength and carbonation depth are reported at different curing ages of 28, 90, 180 and 365 days. Carbonation results were used for the implementation of modelling equations in order to estimate the design service life regarding reinforcing steel corrosion. Two performance-based methods were used: safety factor method and probabilistic method, and their results compared with the traditional prescriptive approach. At the age of 28 days the composition with OPC is the only one that reaches the target periods of 50 or 100 years. For the probabilistic method, different curing age results were analysed. For the tested results at 90, 180 and 365 days of age the reliability of some of the compositions with blended cements is within the minimum required, although still far from the higher performance of concrete with OPC.