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 note that, following high levels of recent demand, our deposit accounts are not available to new customers at present.
Our interest rates are changing from 1 July 2021. For further details please click here.
Current interest rates (up to 30 June 2021)
Current interest rates (existing accounts)
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||0.30||0.30|
|Premium Account||Balance||Gross %||AER %|
|Instant access - may be subject to penalty - see terms and conditions||£1 and over||0.45||0.45|
|Premium Plus Account||Balance||Gross %||AER %|
|90 days fixed notice||£1 and over||0.95||0.95|
|MMSS||Balance||Gross %||AER %|
|Instant Access - available to Methodist Presbyters and deacons only||£1 and over||0.45||0.45|
|Cash ISA Account||Balance||Gross %||AER %|
|Instant Access - no penalty||£1 and over||0.65||0.65|
|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||0.65||0.65|
"We have been very pleased with our interactions. We wanted an account which was ethical and were pleased to find one which also supported churches. Communication has also been good – sufficient and prompt information about the product we had requested, but no pressure to take up extra services or unrequested publicity for things we're not interested in."
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
Leave your details below and our friendly team will get in touch.
Or you can also contact us at: 1 Telford Terrace, Albemarle Road, York, YO24 1DQ
Tel: 01904 622150 | Fax: 01904 672727 | E-mail: info[AT]mcafundingforchurches[DOT]co[DOT]uk