Methodist Chapel Aid savings rates — compare every account, plus switch offers and guides

Who they are

Methodist Chapel Aid (MCA) was founded over 130 years ago by the prominent Primitive Methodist philanthropist William Hartley. Incorporated on 2 January 1890 and headquartered in York , it is one of the UK's most quietly distinctive financial institutions. Its original purpose was straightforward: to assist debt-ridden chapels by offering them long-term loans , funded by deposits from ordinary savers. That mission has endured. Methodist Chapel Aid provides low-interest loans to trustees of Christian churches and savings accounts for individuals, churches and other Christian organisations.

Alongside its lending, MCA takes its ethical responsibilities seriously. The company recognises the importance of ensuring that its assets are invested ethically , and its formal policy excludes direct investment in tobacco, alcohol, gambling, pornography, armaments and fossil fuel sectors. It is a small, friendly team - however you decide to contact them, you can be assured of personal attention at all times.

Savings accounts

Methodist Chapel Aid has a range of deposit accounts including instant access accounts, fixed notice accounts and cash ISAs. Unless otherwise stated, these accounts are available to UK-resident individuals, churches and other bodies. One thing worth noting: deposit accounts are not available to new customers who have been directed to the company through financial management organisations or similar intermediaries.

We do not currently hold live rate data for Methodist Chapel Aid on DepositScout. The rates shown on this page are the place to check for up-to-date figures, as they can change in line with the Bank of England base rate.

FSCS protection

Your eligible deposits with Methodist Chapel Aid Ltd are protected up to a total of £120,000 by the Financial Services Compensation Scheme - any deposits above that limit are unlikely to be covered. That is a higher protected limit than the standard £85,000 that applies at most UK banks; visit fscs.org.uk if you want to understand exactly how this works for your situation. Methodist Chapel Aid is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority.

Is it right for you?

Methodist Chapel Aid is a niche institution with a clear sense of purpose. If you care about where your money goes - and particularly if you want your savings to support Christian communities rather than conventional commercial lending - it has a genuinely different proposition. It is small and personal rather than slick and digital, so it suits savers who value a straightforward relationship over a feature-rich app.

Because our live data for Methodist Chapel Aid is limited right now, check back on this page regularly for the most current rates and account details before making any decision.