Kitting out a nursery can kick start children’s savings
The Children’s Mutual launches www.CTFCashback.co.uk
Expectant parents can earn over £200 by kitting out their babies’ nurseries using www.CTFCashback.co.uk, the new online shopping portal from leading Child Trust Fund provider, The Children’s Mutual.
Research shows that on average, British parents spend £3,383 decorating and furnishing a nursery with a further £605 being spent on prams, buggies and car seats. If parents did this shopping through www.CTFCashback.co.uk, they could be earning financial rewards of up to £215.
Free to use, the site enables online shoppers to build cash in £10 increments which can be placed directly into a bank account or a Child Trust Fund with The Children’s Mutual.
The site, which offers all members up to 20% cash back and lists over 1,000 retailers – many with additional voucher codes, can help parents and the wider family continue to save as the baby grows up too. By using www.CTFCashback.co.uk to purchase ongoing essentials such as nappies and baby wear right through to buying Christmas and birthday presents and even taking the baby on their first holiday.
Tony Anderson, Marketing Director at The Children’s Mutual, said: “All parents quickly realise that buying everything they need and want for their child can be an expensive business. We created our CTF Cashback site to assist parents in getting great value for money on all their purchases, whilst being able to save towards their child’s future.
Baby Bonus – Proud Parents
There are lots of ways to earn money back via www.CTFCashback.co.uk when the little one is born;
- Bringing the baby home in style and safety with a new car seat from Halfords – 3% cash back
- Receive £3 back when registering and printing the first photos of the new baby with TruPrint
- Save time and hassle by pre ordering groceries with Asda home delivery – £5 cash back for new customers
- Stock up on basics such as nappies and wipes with Boots and earn 3.5% cash back.
Baby Bonus – Doting Grandparents, family and friends
- Earn 9% cash back by having flowers delivered to the new parents with Flowers Direct
- A pampering gift for the new mum for all her hard work could earn 6% cash back at the Body Shop
- A gift for the bundle of joy could earn 7.5% cash back when shopping at Born Gifted and, with the additional voucher code, cost 10% less.
Tony Anderson continues, “Over 1,000 major retailers have already signed up to the scheme including leading brand favourites such as Mothercare, John Lewis, Kiddicare.com and Marks & Spencer. Collectively, retailers are offering www.CTFCashback.co.uk members average returns of over 5% through the site, with some offering up to 20% or lump sums of up to £85.
“When questioning expectant and new parents through our monthly poll, nearly 90 per cent suggested that they would like to receive ‘money back’ for their nursery shopping. We have taken this one step further so, whether it’s buying baby grows and nappies or school uniforms and family holidays we wanted cash-strapped parents to be earning money every time they spend online. With so many pulls on household budgets, www.CTFCashback.co.uk offers a practical way of helping families to be savvy with their money and encourage them to save towards their children’s futures.”
How to get started on www.ctfcashback.co.uk:
- Join the site for free by entering an email address and password
- Register the chosen bank account(s) or Children’s Mutual CTF(s) to receive cash back
- Browse through hundreds of online brands
- Select the retailer and click on the Shop Now button
- Once through to the retailer’s website buy as normal
- The transaction will normally register in the shopper’s CTF Cashback account as ‘pending’ within 5 working days
- Once the retailer confirms the transaction has passed their returns and validation period, the shopper’s purchase will register in their CTF Cashback account as ‘approved’. This is usually done within 45 days but it can take up to 90 days
- Money can then be redeemed on ‘approved’ purchases once a month provided a minimum of £10 is reached. Money can be directed into several accounts or CTFs with The Children’s Mutual but only in £10 increments.
 Gurgle.com Baby Budget April 2009 www.gurgle.co.uk/articles/Guide_To_Baby_/36596/The_Baby_Budget_survey_results.aspx
 £3,988 cost of a nursery according to Gurgle.com / 100 x 5.4 average cash back from www.CTFcashback.co.uk = £215
 According to www.CTFCashback.co.uk
 89% of expectant and new parents The Children’s Mutual Brand Tracker Wave 19.