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    • debtdenial
    • By debtdenial 9th Apr 18, 9:24 PM
    • 7Posts
    • 0Thanks
    Kids savings
    • #1
    • 9th Apr 18, 9:24 PM
    Kids savings 9th Apr 18 at 9:24 PM
    Hi, we have 4 kids accounts with our local credit union but they have had no interest on them in 7 years. Should I take the money out and open savings accounts instead or ISA's? Which ones would be best given that 2 of my kids received the child trust fund when they were born.

    Thanks for any help
Page 1
    • xylophone
    • By xylophone 9th Apr 18, 10:17 PM
    • 25,371 Posts
    • 14,967 Thanks
    • #2
    • 9th Apr 18, 10:17 PM
    • #2
    • 9th Apr 18, 10:17 PM
    It is possible to transfer CTF to JISA.

    you may transfer in junior ISA savings or Child Trust Fund savings held with another provider
    • Dox
    • By Dox 10th Apr 18, 10:16 AM
    • 500 Posts
    • 300 Thanks
    • #3
    • 10th Apr 18, 10:16 AM
    • #3
    • 10th Apr 18, 10:16 AM
    Click on the 'banking and saving' tab at the top of the page and follow the link for children's savings for more help/info.
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