Online Bank Accounts – UK

At Chelsea Building Society, the Chelsea Guarantee Plus  account currently pays 2.65pc and guarantees to pay no lower than this or Bank of England base rate, whichever is the higher, until September 8 2010.

The account offers savers the option of monthly interest at a rate of 2.62pc.

Savers can invest between £100 and £500,000 into the account and can get instant access to their money, although a 60 days’ loss of interest penalty is payable during the guarantee period.