Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

    • 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
    • 26,478 Posts
    • 15,721 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
    • 936 Posts
    • 718 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.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,986Posts Today

8,668Users online

Martin's Twitter
  • RT @Dora_Haf: @MartinSLewis So many people on here saying they're great until you get your PROPER job. What if Your proper job Is ON zero?

  • RT @hslt88: @MartinSLewis I?m a trustee for a youth charity. We only have a limited pool of funds for flexible youth workers for holiday sc?

  • RT @Dan_i_elle_88: @MartinSLewis Loved working zero hour agency care work. Never out of work and I loved having the flexibility! Only left?

  • Follow Martin