Cash Child Trust Fund
(Non-Stakeholder)
A simple high interest cash savings account for children who qualify for the Government's Child Trust Fund. Using the Child Trust Fund Voucher issued to you by the Government, you can open your child's account, in person, at any of our branches.
Click here to see the current interest rates
Click here to see the current interest rates
Key Features
- Pay money into the account when you want up to the Government limit, currently £1,200 each year. The minimum amount you can pay in is £1.
- We provide you with a passbook to help you keep track of the account balance.
- The money invested belongs to your child and cannot be withdrawn. Your child will be able to access the money when he or she reaches 18.
- The interest rate is variable and may change from time to time.
- We pay interest on the account once a year on the day before your child's birthday, this interest paid is tax-free.
- We cannot accept postal applications.
For full terms and conditions and an application form, please visit your local branch.
