Online Bank Accounts – UK

Abbey Bank (abbey.com), now part of the Santander Group, is currently offering a Two Year Fixed Rate Bond with an interest rate of 4.20% gross/AER.

The invested money can vary from £10,000 to £2million.

Interest can be paid monthly or annually.

Further money cannot be added after the bond has been opened with the initial sum.

Abbey is currently offering a 6% AER /5.84% gross (fixed) bank account.

The 6% interest rate is available for balances of up to £2,500 for 12 months, provided you credit a minimum of £1,000 each month.

Rate changes to 1% AER (variable) after 12 months on balances up to £2,500.

Rate changes to 0.10% AER (variable) on balances over £2,500 and for any month where the £1,000 minimum credit is not made.

Interest is paid monthly.

Abbey (abbey.com) is now part of the Santader Group.