Baby Bond®
Our popular CTF
Baby Bond® is the name of our most popular Stakeholder Child Trust Fund account. It's designed to help you give your child a great financial headstart.
The Child Trust Fund voucher is
the key to opening a Child Trust Fund account. It will be sent
to you by post, soon after you register for Child Benefit.
If your child was born before 2 August 2010 and
you claimed Child Benefit for them by 1 November 2010, the
Child Trust Fund (CTF) voucher has a value of £250.
If you didn’t register for Child Benefit before 1 November 2010,
or your child was born any time from 2 August 2010 to 2
January 2011, the CTF voucher has a value of £50.
This is the amount of money that the Government is giving your
child and can only be used to open and kick start a CTF account.
Once you’ve received your child’s voucher you’ll need to
decide where you want to use it to open a CTF account for your
child.
If your Child Trust Fund voucher doesn’t arrive - or you
misplace it - just contact the HMRC on 0845 302 1470 and they’ll
send you a replacement.
Child not eligible for CTF?
There’s no need for your child to miss out. Take a look at the
Junior ISA which is
new tax-efficient savings account for children - meaning that all
children can get the head start they deserve.
Junior ISAs find out more
Helping you to understand your Child Trust Fund voucher
The CTF voucher looks similar to a cheque and includes the
following:
- £250 or £50 – this is the amount of money
that the Government is giving your child. It needs to be used to
open a CTF account for your child.
- Your child's name and date of birth – please
check that these are correct on the Child Trust Fund voucher. If
they’re not, simply contact the HMRC by calling 0845 302 1470.
- URN – shown on the top right hand corner of
the Child Trust Fund voucher. It also can be referred to as the CTF
account number.
- Expiry date – this is on the top right hand of
the voucher. This is important because if you
haven’t applied for a CTF account before this date, the Government
will make the decision as to where your child’s CTF voucher is
invested. (If your voucher was issued by the Government
before 1 January 2012, you’ve 12 months from the
date that the voucher was issued to open a CTF account for your
child. But, if your voucher was issued on or after 1
January 2012, you’ll have only 60 days (3 months) from the
date of issue to use it).
Your chosen CTF account provider will need the Child Trust Fund
voucher information to open your child’s CTF account.