The Skipton Child Trust Fund is a non-stakeholder CTF which means that it is a straightforward 'cash' savings account.
The money that's put in attracts interest and steadily accumulates until your
child reaches the age of 18. Although the interest rate can change, you can
be reassured that the money in the account is secure and will grow year on
The current interest rate for the non-stakeholder CTF is 2.65% tax-free pa/AER variable.
Cash savings over an 18 year term may not perform as well as money invested in shares over the long term, especially when inflation is taken into account. The effect of inflation means that money in the account could lose value over the long term as prices usually increase year on year.
If you require any more information before you apply, please call Skipton on 08457 171777* or visit your local branch.
Ready to open a Child Trust Fund account?
For more information speak to your local branch by
calling 08457 171777*
Read our 'Our Skipton Child Trust Fund Key
Features Document' for further information
To apply, read the further terms and conditions,
complete an application form and either:
Return it to your local branch or
Send your application details to:
Skipton Building Society
Your tax treatment will depend on your individual circumstances and may be
subject to change in future.