• Child Trust Fund can be held with a lot of different companies, including Post Office, Banks, Credit Unions, and Building Societies. Approved list on direct.gov website.
• LOTS of different savings accounts available for children – all have different rates and deals/freebies. Worth shopping around.
• Maximum you can put in your child’s account in a year is £1,200.
• Be Aware – Children get taxed the same as adults.
• You can invest in junior bonds on behalf of your child/grandchild, but there are RISKS. Value can go up as well as down.

- Direct Gov Junior ISA
OR
- Child Trust Fund: