Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Child Trust Fund Accounts
If your child was born after 1 September 2002, he or she qualifies for a £250 voucher towards a savings account for the future.

Read more here

For those who have already received their voucher, what have you decided to do? Go for the more risky but potentially more lucrative funds based on shares in the stock market, or played it safe, with a usual savings account?

I hear that Abbey national offers a very good savings account at a rate of 5.75%, and Coventry Building Society offers a savings account where you pay your Child benefit payments into it. They give you a rate of 7.25% guaranteed in the first year.

I have not done extensive research, but these are the best rates I have seen and wondered if anyone has any good advice for us clueless parents Smile
I don't think we will get this money as we are here on Ancestral visa, and will only be able to become citizens in another 3 - 4 years......

We have to prove that we don't take any funding from the Government in any shape or form, as this is our visa conditions.....

Possibly Related Threads...
Thread Author Replies Views Last Post
  The Price of a Child Toktokkie 7 5,709 31-10-2005, 08:46 AM
Last Post: oe-la-la
  First, second and third child.... Icecub 4 4,159 24-02-2004, 08:23 AM
Last Post: Ameniatha
  Reasons not to mess with a child Jillibeans 4 4,976 08-02-2004, 05:56 PM
Last Post: Curio
  IS circumcision of a new born a form of child abuse? Jemlet 51 24,268 24-01-2004, 12:50 PM
Last Post: Mossop
  Taxis and child seats dudette 3 4,709 23-01-2004, 09:05 PM
Last Post: Venus
  Child of our time dudette 0 3,059 Less than 1 minute ago
Last Post:
  Fathers 'do not want time off for child care' 0 1,306 Less than 1 minute ago
Last Post:

Forum Jump:

Users browsing this thread: 1 Guest(s)