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WebTransferring a Child Trust Fund to a Nationwide ISA We previously offered two types of Child Trust Fund (CTF): A cash fund, where the money is held in a traditional bank or … WebThis is where you put the cash in what is quite simply an always tax-free savings account. The money is completely safe (provided it's in a UK-regulated provider and you've no more than £85,000 with that financial institution) and you get a defined amount of interest. The only risk is the money won't grow as quickly as inflation. chirco software
Child Trust Funds: How to maximise interest - MoneySavingExpert
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