Child Trust Fund (CTF)

Our Child Trust Fund (CTF) is a great way to give your child a financial head start in life. It will help them get to grips with the basics of personal finance; they can even add their own savings into the Fund providing a valuable source of money at age 18, which they can use towards whatever the future may hold. Use our Child Trust Fund Calculator to see how your child's fund might grow over the years.

Costs are increasing and in 18 years a new car could cost around £13,000 with a deposit on a first home weighing in at around £27,000. Take a look at some of the costs that your child may face when they are 18.

Regular payments from as little as £10 a month could help to support your child's future. You, friends or family can pay in up to £1200 a year in this tax-efficient investment providing your child was born on or after 1st September 2002.

• Our Child Trust Fund (CTF) is a stocks and shares based investment which aims to provide the potential for growth over the longer term.
• Invest your Child Trust Fund (CTF) voucher awarded by the Government in order to start the fund. Families on low incomes may qualify for more than £250.
• At the age of 7 all eligible children will receive a further payment from the Government of £250 into their Child Trust Fund, with children in lower income families receiving an additional £250
• Parents, friends and relatives can make additional contributions to your child investment from as little as £10 per month (PDF New Window), up to an overall yearly total of £1,200.
• The fund is available to the child when they reach 18.
• The Plan will be managed so that income and gains will be free from all personal tax. This does not take into account any tax that may have been paid on any investments held within the fund or taxes paid by the fund before reaching the child but please remember tax rules may change in the future.
• No upfront charges and a competitive yearly management charge.
• While your child enjoys the potential for good returns, they may get back less than was originally invested.

Halifax is one of the main providers of Child Trust Funds in the UK.

These are some of the costs that your child may face when they are 18.

View table sources (PDF New Window)

USEFUL LINKS

Try our Child Trust Fund Calculator
Common Child Trust Fund Enquiries

Before you apply you will need to read the following documents:

Key Features of the Child Trust Fund (PDF New Window)

Plan Conditions of the Child Trust Fund (PDF New Window)

Information about our services and costs (PDF New Window)

For details of PDF software please read our Accessibility page (PDF New Window)

Once you have read these documents please go to the Apply Now section

If you have read the Key Features document you are now ready to complete your Child Trust Fund application.

Applying online is very simple and totally secure.

What's more, you can use your existing Halifax online bank account.

You will need the following details:

• Your bank account details
• You Child Trust Fund Voucher Details

If you would rather apply by phone, or would like to top up your Child Trust Fund (CTF), please call us on 0845 609 0064.

We have not provided any advice on the suitability of this product for your needs. If you need advice as to whether or not this plan is suitable please seek independent financial advice. You may be charged for any advice given.