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


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 0.55 0.55



Premium Account Balance Gross % AER %
Instant access - may be subject to penalty - see terms and conditions £1 and over 0.75 0.75



Premium Plus Account Balance Gross % AER %
90 days fixed notice £1 and over 1.05 1.05


MMSS Balance Gross % AER %
Instant Access - available to Methodist Presbyters and deacons only £1 and over 0.75 0.75
Cash ISA Account Balance Gross % AER %
Instant Access - no penalty £1 and over 0.85 0.85
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 1.25 1.25


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 0.75 0.75

 

Enquire about your deposit account

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

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