Add money to the account
Anyone can pay money into a Child Trust Fund (CTF) account.
You can’t apply for a new Child Trust Fund because the scheme is now closed. You can apply for a Junior ISA instead.
How much you can add
You can put up to £4,128 a year into the account - the year starts on the child’s birthday and ends the day before their next birthday.
If you don’t use the £4,128 limit, you can’t carry any unused amount over to the following year.
How to pay money in
For stakeholder accounts you can add money by:
- standing order
- direct debit
For savings or share accounts, check with your provider.
Payments made by the government don’t count towards the £4,128, apart from payments made by a local council to a child they’re looking after.