Britannia CTF £1200 max limit question.

Paphos_Gooner

Opened a CTF at Britannia today with an additional £820 cash but forgot to ask the cutoff date for the £1200 max limit :rolleyes:

Is it 12 months from today? Or her birthday? January 1st?

Thanks.

Kazza242

Paphos_Gooner wrote: »

Opened a CTF at Britannia today with an additional £820 cash but forgot to ask the cutoff date for the £1200 max limit :rolleyes:

Is it 12 months from today? Or her birthday? January 1st?

Thanks.

Taken from the Britannia website, here:

You can add to your child's savings as soon as you open the account, subject to the Government's limit of £1,200 per year (excluding the voucher amount), which starts on the birthday of the child.

Also, stipulation "17" from the terms and conditions:

17. From the day on which the Account is opened to the day before the Child’s next birthday, the total amount deposited to the Account cannot exceed £1,200 (or such other figure as may be imposed by the Regulations from time to time).

Paphos_Gooner

Also forgot to read their T & C's :rolleyes: Thanks