Merthyr Tydfil Borough Credit Union Ltd.

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Text Box: Child Trust Fund

Children living in the UK for whom Child Benefit is being received and who were born on or after 1 September 2002 are entitled to a Child Trust Fund Account. You don't need to make a claim to get the account started, the Government will send you a voucher for £250 automatically.

Product Summary

Full details of the Child Trust Fund may be found at this Government web site:

To contact us:

Telephone:

01685 377888

 

E-mail:  info@mtbcu.org.uk

OFFICE HOURS

9am to 1 pm

Monday to Friday

 

19 Park Place

Merthyr Tydfil

CF47 0DJ

 

To contact us:

A SAFER WAY TO SAVE—A CHEAPER WAY TO BORROW

©2010 MTBCU Ltd | Regulated by the Financial Services Authority - Reg No: 213643

· A long-term savings and investment account where your child (and no-one else) can withdraw the money when they turn 18

· Neither you nor your child will pay tax

· A maximum of £1,200 each year can be saved

· The Government will make a further contribution when your child is seven

· At any time you can move the account to a different provider or change the type of account  

· It will not affect any benefits or Tax Credits you receive

More Information,