As part of the Child Trust Fund account, parents were given £250 to save for their child, and a further £250 on their seventh birthday
Imagine finding out that your children have £1,000 in a bank account you didn't even know about. This could be a reality thanks to a previous government scheme.
The scheme was available for children born between 2002 and 2010, and if you didn't open a bank account, the Government would have done it for you. Parents can now transfer this money into a junior ISA, which may offer better interest rates. Then, visit this website and search. You'll need your Government Gateway credentials to log in, which you'll receive when you create an HMRC online account.
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