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What are the minimum and maximum amounts that I can pay into a Child Trust Fund account?

April 26, 2017account amounts child fund maximum minimum pay Trust

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What are the minimum and maximum amounts that I can pay into a Child Trust Fund account?

2 Answers

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The minimum payment is £10 (except for Baby Bond® Choice Child Trust Fund accounts, where the minimum is £50 a month for regular payments, or £250 for lump sums). The maximum for all CTF accounts is £1,200 a year (birthday to birthday).

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The minimum payment is £10 (except for Baby Bond® Choice Child Trust Fund accounts, where the minimum is £50 a month for regular payments, or £250 for lump sums). Currently the maximum for all CTF accounts is £1,200 a year (birthday to birthday). From 1 November 2011, so that contribution limits into CTFs and Junior ISAs are the same, this will be increased to £3,600. From April 2013, this amount will be updated each year in line with the Consumer Prices Index (CPI) and will continue to be aligned with the Junior ISA limit.