Making a payment
You can set up a regular Direct Debit or make a one-off payment by debit card. The maximum amount you can pay in is currently £4,080 each account year. An account year runs between the child's birthdays.
- Only the child can access the money and only at age 18.
- The value of stocks and shares investments can fall as well as rise, meaning the child could get back less than is paid in.
- The effects of inflation mean the child won't be able to buy as much in the future with the money as they can today.