Mortgage & Help » ISA's » Junior ISA

Junior ISA is a tax free savings account for children under the age of 18. A Junior ISA allows you to build up a child's savings and earn tax free interest. You can open a Junior ISA for your child if you have parental responsibility for any eligible child under the age of 18 (or the child themselves can open it if they are aged 16 or 17).

• No withdrawals or closures are allowed until the child's 18th birthday.
• Junior ISA transfers between providers are allowed at any time.
• From 6 April 2015 transfers from Child Trust Funds to your Junior ISA are allowed.
• An eligible child can only hold one cash and or/stocks and shares Junior ISA at any one time up to their 18th birthday. You cannot hold a Child Trust Fund and a Junior ISA (of any type) at the same time.
• Save up to your annual Junior ISA limit in this cash Junior ISA.
• The Junior ISA limit for the tax year starting 6th April 2015 is $4,080.
• Preferential rates for 123 World and Springlaris Bank, UK Select customers. The registered contact or the child must be a 1|2|3 World or Springlaris Bank, UK Select customer.