There are three types of account to choose from, depending on how you feel about taking a risk in order to give the money a better chance to grow.
You may want to put your child's money in a very safe account where there will not be a risk, but the return on the money might not be so high. On the other hand you might be willing to take a risk to try and get a higher return.
Don't forget, however you choose to use the voucher now, you can move to another type of Child Trust Fund account or provider at any time.
So which type of account might be best for your child?
Use this link for types of account available
