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Child Trust Fund


The Child Trust Fund is a new long-term savings and investment account for children. Ipswich Building Society is one of only a few building societies throughout the country who are offering parents the full range of Child Trust Funds. All children born since September 2002 will receive an initial voucher worth at least £250, with those from low-income families receiving an additional £250 paid directly into their accounts, making £500 in total. Family and friends can contribute up to a total of £1,200 a year to each account. There will be no tax to pay on the income or gains arising on the monies in the account.

To apply for our Child Trust Fund or for further details please contact us.

Rates correct as at 17 April 2008

For previous rates please click 'View previous rates' located under the current rate table


Product Balance Current Rate Summary of Terms/Payment of Interest
Child Trust Fund 2 Cash Non-stakeholder option

Download Terms
Download information about the Child Trust Fund
£250 Inland Revenue voucher plus up to £1,200 each year until child reaches 18 year 5.55%
TAX FREE
• No withdrawals allowed until child reaches 18 years old
• Transfers allowed
• This is a Cash Child Trust Fund. It is not a stakeholder Child Trust Fund
• Interest paid annually on birthday of child

Product Balance Previous Rate
Child Trust Fund 2 £250 Inland Revenue voucher plus up to £1,200 each year until child reaches 18 year No Change
TAX FREE

View Previous Rates


Find out more

To apply for our Child Trust Fund or for further details please contact us or visit one of our branches.

Useful Downloads Download
'The Grown Ups Guide to the Child Trust Fund'. Full details of stakeholder and non-stakeholder options available. Ipswich Building Society introduces to Liverpool Victoria Portfolio Managers Limited Download the Child Trust Fund guide
Building Societies Association Guide to Child Trust Funds Download the Building Societies Association Guide to Child Trust Funds

 
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