Your eligible deposits with Methodist Chapel Aid Ltd are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the £85,000 limit are unlikely to be covered.

Please click here for further information or visit www.fscs.org.uk.

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Deposit accounts


Please note that our deposit accounts are not available to new customers which have been directed to the Company through financial management organisations (or similar).

Current interest rates

Unless otherwise stated, these accounts are available to UK-resident individuals, churches and other bodies

Standard Account Balance Gross % AER %
Instant access - no penalty £1 and over 2.70 2.72



Premium Account Balance Gross % AER %
Instant access - may be subject to penalty - see terms and conditions £1 and over 2.85 2.87



Premium Plus Account Balance Gross % AER %
90 days fixed notice £1 and over 3.35 3.38


MMSS Balance Gross % AER %
Instant Access - available to Methodist Presbyters and deacons only £1 and over 2.85 2.87
Cash ISA Account Balance Gross % AER %
Instant Access - no penalty £1 and over 3.05 3.07
Child Trust Fund Balance Gross % AER %

No longer available to new applicants due to discontinuation of the scheme by the UK government.

£1 and over 3.05 3.07


Your eligible deposits with MCA are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the £85,000 limit are not covered. For further information visit www.fscs.org.uk

Methodist Ministers' Savings Scheme

The 'MMSS' account is open to Methodist presbyters, deacons, supernumeraries and lay workers, and a requirement for eligibility is that deposits are made by deduction from stipend or pension.

Balance Gross % AER %
£1 and over 2.85 2.87

 

Enquire about your deposit account

Leave your details below and our friendly team will get in touch.


Or you can also contact us at: 53 Walmgate, York, YO1 9TY
Tel: 01904 622150 | E-mail: info[AT]mcafundingforchurches[DOT]co[DOT]uk