Leeds Building Society - Child Trust Fund Bonus Saver

Key features at a glance

Offered in partnership with The Children's Mutual - The only organisation in the UK that specialises exclusively in children’s savings.
Save from £10-£100 a month to help your child's savings grow.
Tax-free growth and a tax-free lump sum for your child at 18.

The Children’s Mutual is the only organisation in the UK that specialises exclusively in children’s savings. Having been involved with Child Trust Fund consultation since its inception, and offered plans for saving for children for more than 50 years, The Children’s Mutual is ideally positioned to a Child Trust Fund account

The Child Trust Fund (CTF) is the first ever universal savings account for children. Starting in January, nearly two million children born since 1 September 2002 will receive a voucher for at least £250 to set up a long-term savings account. After that, around 60,000 new born children will qualify each month for the CTF. The account will mature when a child reaches 18 and is intended to provide a financial kick-start into adulthood.

David White, Chief Executive of The Children’s Mutual said: "The Child Trust Fund is a wonderful opportunity for parents to start saving for their children and we are delighted to be working in partnership with Leeds Building Societyto deliver a stakeholder Child Trust Fund savings account to their customers."

In addition to the Child Trust Fund account Leeds Building Society will also be hoping to offer a cash-based alternative in the future.

To make sure you receive information about the Child Trust Fund, simply complete the online registration form and an information pack will be sent to you straight away. Alternatively you can apply online now.

Want to find out more?

Click here to open a Stakeholder Child Trust Fund Baby Bond®

Click here to register for free Child Trust Fund information

Click here for frequently asked questions on the Child Trust Fund

Important notes

The Children's Mutual, PO Box 2067, Gloucester, GL4 3YU

Tel: 0845 077 1899 Email: mail@thechildrensmutual.co.uk Website: www.thechildrensmutual.co.uk

The Children's Mutual is a trading name of the Tunbridge Wells Equitable Group, which includes: Tunbridge Wells Equitable Friendly Society Limited and Tunbridge Wells Equitable Investments Company Limited. Both are authorised and regulated by the Financial Services Authority. For further details see the Terms and Conditions link above.

Investments in this account will represent shares in the Society and are subject to the Rules of the Society. Member of the Building Societies' Association. Leeds Building Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. Payments under the Scheme are limited to a maximum payment of £31,700, that is 100% of the first £2,000 of an investor's total shares and/or deposits in a society, and 90% of the next £33,000. Most investors are covered, including individuals and small firms. A small number of categories of share and deposits are not covered, for example deferred shares -permanent interest bearing shares. Although most shares are denominated in sterling, all other currencies are covered. Further details are available on request from the Society.

Leeds Building Society subscribe to the Banking Code, which establishes minimum standards of good banking practice and is a member of the Financial Ombudsman Service. Leeds Building Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only. A copy of the Code and further details of our investment products are available on request from your local branch or our Customer Helpline on 0113 225 7777. Leeds Building Society is authorised and regulated by the Financial Services Authority. The Society's FSA registration number is 164992. Other taxes or costs may exist that are not paid by Leeds Building Society.