Ipswich Building Society

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Telephone: 0845 230 8686

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Child Trust Fund

Ipswich Building Society offers you a choice of either a Cash or Stakeholder Child Trust Fund.

Our Cash Child Trust Fund is a traditional building society account; the safest option for your voucher and savings. The investment performance of the account will depend on interest rates. It pays a tax-free, variable interest rate. Your child is guaranteed to get all their money back, plus interest, when they reach 18.

Stakeholder Option – Ipswich Building Society have chosen Family Investments to be our Stakeholder Child Trust Fund provider. Family Investments are the UK’s favourite Child Trust Fund provider. They look after the CTF accounts of more than half a million children and have been helping families invest for their future for over 30 years. Both their Stakeholder and Ethical Stakeholder Child Trust Funds, invest mainly in shares which means it is possible to receive back less than was paid in.

Rates correct as at 1 May 2010

For previous rates please click 'View previous rates' located under the current rate table
(CTF Application form is available to download at the bottom of this page)

If you have any questions regarding the recent changes announced by the Government concerning Child Trust Funds, you may find the following link helpful http://www.childtrustfund.gov.uk

Product	Balance	Variable Interest Current Rate	Summary of Terms/Payment of Interest
Child Trust Fund 2 Cash Non-stakeholder option Download Terms & Summary Box	£250 Inland Revenue voucher plus up to £1,200 each year until child reaches 18 year	2.40% 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

View Previous Rates

To apply for our Cash Child Trust Fund please download and complete the application form and checklist below. Please contact any of our branches or call us on 0845 230 8686 if you would like any more details or to speak to us.

If you are interested in a Family Investments Stakeholder Child Trust Fund, they have a simple online application process and also, unlike many other providers, offer an online CTF account management facility. For more information on the Family Investments Stakeholder and Ethical Stakeholder CTF please visit their website at www.familyinvestments.co.uk or telephone them on 0800 616695.

Useful Downloads	Download
Cash Child Trust Fund Application Form and Checklist
Building Societies Association Guide to Child Trust Funds
Customer Information - outlines procedures for opening and using our savings accounts
General Investment Terms & Conditions (effective from May 2010) - applies to all savings accounts with the Society