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Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.

Child trust funds

5 replies

Ride · 03/03/2017 16:28

Does anyone still have money in them? We opened them for both DCs and the interest rates are so low now but not sure what the alternative is, we are a bit clueless! We pay £20 pm in to each of them. The interest rate is now 1.7% which seems a bit low. Any ideas?

OP posts:
Badders123 · 03/03/2017 16:36

We moved ours to a junior isa for this reason!
We went with nationwide who Pay the most interest ATM
Very easy process

Longdistance · 03/03/2017 16:38

We moved ours to F&C investments, and have funds in Graphite. Both have done very well.

Ride · 03/03/2017 17:34

Oh thank you. So, just call the bank and ask to transfer type of thing?

OP posts:
Badders123 · 03/03/2017 20:22

I went online and requested a transfer pack, filled it in then sent it off
Simple

clerquin · 04/03/2017 13:30

We transferred our original CTFs to JISAs when we were able to in 2015. We've always chosen funds for ours though and they have outperformed any fixed rate products so far...

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