Child Trust Fund
An investment account for your child's future - provided by Family Investments.
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*Rate includes a 2% bonus on deposits made in 2009/10 tax year, for 12 months from the first deposit.
1Gross rates are fixed and do not take account of deduction of income tax. Rates are with effect from January 2010.
2 AER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and compounded once a year. Growth Bond and Fixed Rate Cash ISA - interest is paid annually on the anniversary of the account and at the end of the fixed rate term. Cash ISA - interest is variable calculated daily and paid annually in March.
3 Free from income tax and Capital gains tax. The tax advantages of the Fixed Rate Cash ISA depend on your individual circumstances and the tax treatment may change in the future.
^On 6th October 2009, the ISA allowance increased to £10,200 for anyone aged 50 or above for the 2009/10 tax-year. Of this £5,100 can be paid into a Cash ISA. Everybody below age 50 will see their personal ISA allowance increase, by the same amount, in the new tax year beginning 6th April 2010.