Future Fund
On your marks, get set, go
Build a lump sum for their future
The future fund is all about getting your child off to the best start by building up a lump sum for the future.
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a rate of interest which subject to HM Revenue and Customs regulations, can be paid without tax being deducted.
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instant withdrawals
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easy to see how the money is being used – only you can make withdrawals
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easy transfers between a Future Fund and a bonus account.
- any adult can open a Future Fund on behalf of a child aged 16 and under, and the adult will have full control and/or access over child’s account.
- any child aged between 7 and 17 years, 9 months, can open the Future Fund in their sole name, which means that only they will have full control and/or access to their account. View our current interest rates .
For an application form for a bonus account call 08457 240 752 or visit your local branch.
Please read...
(These will open in new windows)
- Terms and Conditions (PDF - 0.4Mb)
- Summary box (PDF - 0.1Mb)
The Co-operative Bank is a member of the Financial Services Compensation Scheme (FSCS), which would pay compensation to eligible customers in the unlikely event of the Bank becoming insolvent. Find out more.
Gross rate means the contractual rate of interest paid before deduction of income tax at the rate specified by law.
Net is the rate of interest that would be payable after allowing for the deduction of income tax at the rate specified by law.
AER means the Annual Equivalent Rate and illustrates the contractual rate of interest as if paid and compounded each year.
