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Barclays Wealth International 5% Monthly Saver

https://secure.barclays.co.uk/monthlysaver/main/

5% variable
interest paid monthly
£100-2000 per month
can miss monthly payments without penalty
Instant access (If a withdrawal is made a lower interest rate of 0.10% AER will be paid on the remaining balance for the 30 days following the withdrawal.)
can be operated online

Based in Guernsey I think.
Not covered by the UK FSCS

http://www.barclays.com/international/important_information.html#comp
"Barclays Private Clients International Limited, Guernsey branch & Barclays Bank PLC, Guernsey branch are participants in the Guernsey Banking Deposit Compensation Scheme; details are available from our offices on request."

[edit]
Guernsey Banking Deposit Compensation Scheme
http://www.dcs.gg/
This discussion has been closed.
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