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transfer ctf to cash jisa
ivansmagic
Posts: 6 Forumite
Hi.
I have a ctf for my 8 year old daughter which was funded by the £500 government voucher at the outset.
The growth has been minimal and would therefore like to transfer it to a cash jisa.
The CFT is currently with rbs.
Who do I choose which provider to do this with and is there a list anywhere that shows me who accepts transfers from ctf to a cash jisa ?
I have a ctf for my 8 year old daughter which was funded by the £500 government voucher at the outset.
The growth has been minimal and would therefore like to transfer it to a cash jisa.
The CFT is currently with rbs.
Who do I choose which provider to do this with and is there a list anywhere that shows me who accepts transfers from ctf to a cash jisa ?
0
Comments
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Here's a starting point.
Halifax pay 4% on a Junior ISA if you have a Halifax cash ISA yourself. They accept transfers in, via branch.
Given the ten year time frame I'd still be tempted to be invested in equities rather than cash.8 year old daughter0 -
http://www.thisismoney.co.uk/money/saving/article-1583863/Best-savings-rates-Junior-Isas-childrens-accounts.html
Remember that you can hedge your bets and use cash and stocks and shares. Halifax offers both.
https://www.gov.uk/junior-individual-savings-accounts/overview0
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