Boots/ Mothercare/ TSB Children's Mutual Child Trust Fund (CTF) Reviews

Average Golden EggNest Ratings from  4 reviews and 4 comments (4 out of 5)

Website: www.thechildrensmutual.co.uk
Good Points: Easy to read website Straightforward online application procedure Lots of literature to read Good reputation Quick response from The Children's Mutual after applying online Free Mothercare vouchers when you set up account.
Bad Points: Still waiting for my mothercare vouchers to arrive but hopefully will receive them soo...its been about 3 weeks since I applied for the CTF account.
First reviewed on 29 Apr, 2008 by Mel
I applied online for a CTF account for my 12 week old son. The website was easy to read and clearly set out the terms of the CTF and the instructions on the application procedure. It was very easy to apply online and a great incentive to apply were the mothercare vouchers offered as a bonus when you apply online and when you or any other person signs up to a monthly direct debit of more than £10 to the CTF account.  I received confirmation letters from The Children's Mutual within a week of setting the account up online.  Overall Im very happy with The Children's Mutual. I hope they live up to their good reputation.
Mel's Golden EggNest Rating (4 out of 5): 

Commented by Amy on 1 May, 2008
The good points: notified us a few weeks before our daughter's birthday to remind us that we had a few weeks left to add some more money to reach the £1200 limit. Our other daughter's CTF doesn't do that and we missed the deadline once. The bad points: we opened this account in November 2007. Between then and April 2008 we invested £785 including the £250 from HMGov. In April 2008 it is now worth £754. We are losing money!!! Thinking of moving it to a savings CTF instead.
Amy's Golden EggNest Rating (1 out of 5):

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Website: www.thechildrensmutual.co.uk
Good Points: wesite really easy to use - customer services fab.
Bad Points: none so far.
First reviewed on 15 Apr, 2008 by Victoria
I've just applied for a new child trust fund for my 12 week old son Edward. I picked the children's mutual after reading about them in oneof my Bounty packs and after reading some of the other reviews on this site. The website is really easy to use, and the application process takes about 2 minutes - You can even apply before your £250 arrives, and then just send it on to them with your name on the back once it gets to you. I had to contact customer services at the childrens mutual about my account - I was daft enough to fill some detail in wrong ont he site. They had no problem at all changing these and there was no queuing on the phone to get through - Brilliant
Victoria's Golden EggNest Rating (5 out of 5): 

Commented by 1nv0ftbmkzrcc on 17 Apr, 2008
excellent pleased with their service
1nv0ftbmkzrcc's Golden EggNest Rating (5 out of 5): 

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Website: www.thechildrensmutual.co.uk
Good Points: This fund was very east to set up on-line and only took about five minutes. The response was also quick (within a week) and the direct debit came out the following month. I am happy with there return and it is a stable longstanding investing company. I also got £30 mothercare vouchers for setting up a direct debit of over £10 per month-bonus!
Bad Points: I really can not fault this company but appreciate that we only set it up two months ago. They are a large organisation so I am sure this money will be safe. Also the direct debit can be altered at any time.
First reviewed on 21 Feb, 2008 by Joanne
Joanne's Golden EggNest Rating (4 out of 5): 

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Website: www.thechildrensmutual.co.uk
Good Points: Hi, we opened an account with the children's mutual after seeing an artical in the Daily Mail. The report was stating that this has the best performance over the 18 years the account would be active. Also, we noticed a leaflet in Mothercare about this account offering £20 mothercare vouchers if you set up direct debit of £10 or more a month. It was very easy to open over the web, but can also be opened over the phone of by filling out a form.
Bad Points: Unsure as to what types of stakeholders or shares our baby's money has been invested in and would be nice to know.
First reviewed on on 18 Jun, 2007 by heartbeat
heartbeat's Golden EggNest Rating (3 out of 5): 

Commented by abstract42 on 29 Jun, 2007
We opened an account with children's mutual through Lloyds TSB. We did it all online (apart from posting off the voucher obviously!). Really quick and easy and we got a £20 Boots voucher for setting up direct debit. Because we bank with them too means we can transfer money online too. The only drawback was it was a bit long winded initially transferring money in as had to wait until account was all set up, send off voucher and then transfer it, but I presume you would have this with anyone. We were looking for a stakeholder CTF so suited us well.
abstract42's Golden EggNest Rating (4 out of 5): 

Commented by feefeegabor on 15 Jun, 2007
I opened a Mutual Account with (what was then) the Tunbridge Wells Equitable Society when my daughter was born, over five years ago now. I had no problems in setting up the account and am still paying in £25.00 per month. It seems to be a With Profits Plan, as oppposed to a Stakeholder one, but I am concerned about its performance as there has been a lot of bad press about these accounts since I opened mine. I will keep it running for a little while longer but would suggest to anyone considering it to carefully consider these accounts. That being said, the only problem I encountered was when I moved house and it took quite a while (and a few letters/phone calls) for them to take note of that!
feefeegabor's Golden EggNest Rating (3 out of 5): 

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