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Skipton Child Trust Fund

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 year.

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:

Investment Operations
Skipton Building Society
The Bailey
Skipton
North Yorkshire
BD23 1DN

Your tax treatment will depend on your individual circumstances and may be subject to change in future.

Children’s Savings Account

Want to find out more?

Request Callback

Call Skipton on 08457 171777* 8am to 8pm Monday to Thursday
8am to 5:30pm Friday
9am to 12pm Saturday

Logo: Personal Finance Childrens Savings Award

 

Gross means the interest paid before the deduction of income tax at 20%.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

* To help maintain service and quality, some telephone calls may be recorded and monitored.

Site intended for UK residents only. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority under registration number 153706 for accepting deposits, advising on and arranging mortgages and insurance. Skipton Building Society is a member of the Building Societies Association and Financial Ombudsman Service.