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Children's ISA Providers

Compare Children's ISA Providers
The junior ISA limit for 2017/2018 is £4,128. A junior ISA offers a convenient, tax-efficient way to save for your child's future.
Peer to Peer Lending ISAs

Downing Crowd IFISA

from Downing LLP

ISA Option
Allows ISA Transfers
Interest Rate 5.68% target return
  • Term: typically 1 – 5 years
  • Invest From: £100

Why we like it:

Downing is a long-established, FCA-authorised investment manager that brings over 25 years’ investment experience to debt-based crowdfunding. We launched the Downing Crowd platform in March 2016 and since then have raised over £40 million to support the growth of smaller UK companies, and repaid investors some £16 million of capital and £1 million interest (as at December 2017). To help manage risk, our Crowd Bonds are secured against existing assets, which means that if a borrower defaults on the bond, Downing, as security trustee, has the right to take control and use the net proceeds to repay some or all of the investors’ capital and interest.

Our monitoring fee is contingent on investors receiving their capital and interest being repaid in full.

Downing Crowd was recently awarded Best Investment Platform at the 2017 Growth Investor Awards, November 2017.

UK investors in Crowd Bonds can also now earn tax-free interest with our Innovative Finance ISA (IFISA). Capital at risk.

  • Tax-free interest on your investments through the IFISA
  • A range of fixed-term bonds to choose from
  • Downing’s fee is contingent on investors getting their capital and interest back in full
  • Capital at risk and returns not guaranteed
  • No FSCS deposit protection
  • Must be UK resident and over 18 years

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)
Investment Income Plan ISAs

FTSE 100 Defensive Income Plan

from Investec

Allow ISA Transfers
Annual Income up to 7.30%
  • Counterparty: Investec Bank
  • Term: Maximum 8 years

If you’re looking for high income, then the ability to receive 7.30% per year even if the FTSE falls almost 20%, could be appealing.

  • Up to 7.30% per year based on the performance of the FTSE 100 Index
  • Income paid even if Index falls by 20%
  • Quarterly payments
  • Alternative option also available paying up to 5.65% pa if the FTSE doesn't drop by 40% or more
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from it's initial level, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £3,000
  • An arrangement fee applies for this plan
  • Product designed to be held for the full term

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

FTSE Monthly Contingent Income Plan

from Meteor

Allow ISA Transfers
Annual Income Up to 6.00%
  • Counterparty: Natixis
  • Term: Up to 10 Years

With the current record low interest rate environment, income is high up on the agenda for many investors and so the ability to receive 6% per year even if the FTSE falls by up to 25%, is certainly worth a closer look.

  • Potential monthly income: 0.5% (equivalent to 6% annually)
  • Income paid even if FTSE 100 falls by 25%
  • Potential to kick out quarterly from eighteen months onwards
  • Available for ISA, ISA transfers and direct investments
  • Capital is at risk if the FTSE 100 Index falls by more than 40% during the term and finishes lower than its starting value, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £5000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

FTSE 100 Enhanced Income Plan

from Investec

Allow ISA Transfers
Annual Income 4.35% fixed income
  • Counterparty: Investec Bank plc
  • Term: 5 years

Fixed income, fixed term, monthly payments and your capital back unless the FTSE falls by more than 40%. By offering a high fixed income rather than a variable income based on the performance of the stock market, this plans offers something different to income seekers.

  • 4.35% income paid regardless of the performance of the FTSE 100
  • Monthly income
  • Available for ISA, ISA transfer and direct investment
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from it's initial level, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £3,000
  • An arrangement fee applies for this plan
  • Product designed to be held for the full term

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

Investment Growth Plan ISAs

FTSE 100 Enhanced Kick Out Plan

from Investec

Allow ISA Transfers
Maximum Potential Return 9.25% per annum
  • Counterparty: Investec Bank plc
  • Term: Up to 6 years

Kick out plans seem to attract particular interest when the market is at historically high levels since they can provide competitive returns even if the FTSE stays relatively flat with the potential for 9.25% annual growth.

  • 9.25% for each year (not compounded) provided the FTSE 100 finishes higher than its starting value (subject to averaging)
  • Potential to mature early, from year 1 onwards
  • Alternative collateralised option also available offering potential 7.60% pa
  • Available for ISA, ISA transfer and direct investment
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from it's initial level, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £3,000
  • Product designed to be held for the full term

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

Share Dealing ISAs

Youinvest ISA

from AJ Bell

  • Trade From (frequent trader rate): £4.95
  • Trade From (standard trader rate): £9.95

Voted ‘Best ISA Provider 2017’ in the City of London Wealth Management Awards. Place 10 deals or more per month and pay only £4.95 per online deal in the next month. Deal from £1.50 and never pay more than £9.95 per online trade.

Investment Fund Supermarket ISAs

Stocks & Shares ISA

from Charles Stanley

Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: 1,500+ funds
  • Invest From: £50 per month or £500 single

Invest through an award winning FTSE company, with extensive research and analysis and competitive charges. Choose from a range of investments including shares, funds, gilts, bonds, investment trusts and ETFs.

Fixed Rate Cash ISAs

2 Year Fixed Rate Cash ISA

from Ford Money

Interest Rate (AER) 1.45%
  • Term: 2 Years
  • Minimum deposit £500
  • Interest can be paid monthly or annually.
  • Transfers in allowed
  • FSCS Protected
  • Must be 16 or over to apply
  • Early withdrawals subject to term breakage charge

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

1 Year Fixed Rate Cash ISA

from Ford Money

Interest Rate (AER) 1.25%
  • Term: 1 Year
  • Minimum deposit £500
  • Interest can be paid monthly or annually
  • Transfers in allowed
  • FSCS Protected
  • Must be 16 or over to apply
  • Early withdrawals subject to term breakage charge

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)
Easy Access Cash ISAs

Easy Access ISA

from AA

Interest Rate (AER) 0.95%
  • Term: Easy Access

Earn 0.96% tax free/AER variable - includes a 12 month bonus rate of 0.76%. Open with £100. Unlimited free withdrawals. Transfer in ISAs held elsewhere - no limit

Flexible Cash ISA

from Ford Money

Interest Rate (AER) 1.00%
  • Minimum deposit £1
  • Interest can be paid monthly or annually
  • Unlimited deposits and withdrawals permitted
  • Transfers in allowed
  • FSCS Protected
  • Must be 16 or over to apply

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

Children's ISA Providers

Children's ISAs, also known as Junior ISAs, were introduced in November 2011 to replace Child Trust Funds. Children's ISAs are designed to help parents save for their children in a tax-free or tax-efficient way.

Rules of Children's ISAs

Junior ISAs operate on a similar basis to adult ISAs. Some of the regulations include:

  • The annual Junior ISA allowance is different to that of a normal ISA, you can check the isa allowance limits:
  • The accounts are a tax-efficient wrapper that allows parents, grandparents, friends or guardians to invest up to the maximum allowance a year on a child's behalf, in either cash account or investment funds. These savings and investments cannot be cashed in before the child reaches 18.
  • There are both Junior Cash ISAs and Junior Stocks & Shares ISAs available.
  • Like adult ISAs, you can divide the junior ISA allowance between cash and investments in whatever proportion you wish.
  • Children who already have a Child Trust Fund - that is, children who were born between 1st September 2002 and 3rd January 2011 - do not qualify for a junior ISA. However, there have recently been proposals to allow Child Trust Fund holders
  • A young person aged 16 can open their own Junior ISA; they can also open a regular cash ISA as well.
  • Alternatively an adult with parental responsibility may open a junior ISA on behalf of someone aged under 16 years old.
  • Anyone can contribute towards the Junior ISA once it is opened, including grandparents, family members and friends.
  • All money contributed into a junior ISA is considered a gift and cannot be subsequently returned to the giver if they subsequently change their mind.
  • No withdrawals can be made from the account, until the child turns 18 at which point the account rolls over into a normal type of ISA, in their name, and they can do with it whatever they wish.


Compare the Best Children's ISA Providers

Points to consider when comparing children's ISA providers include:

  • The rate of interest available
  • Whether the provider offers junior cash ISA or a junior stocks and shares ISA
  • Any fixed term interest bonuses - when these end, you may want to switch to a new provider

Currently, not all of the most well-known banks offer junior ISAs, so you may need to look beyond the high street to find the best deal available. Current junior ISA providers include Family Investments, Scottish Friendly, Alliance Trust and Nationwide, and more. Use the tables above to compare a range of the best children's ISAs that are currently available.

High Income ISAs

High income ISA ideas:

ISAs Products

Cash ISAs

Fixed Rate & Instant Access ISAs:

Cash ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

Latest News

How inflation is impacting your savings and why you cannot afford to sit on your hands when it comes to your cash

11th December 2017

Last month, the Bank of England raised their base rate for the first time in more than ten years, and by doing so opened the door to increased monthly costs for many homeowners. What’s more, at the time of writing inflation continues to sit at a five year high of 3%, which means that the cost of living has more than trebled in the last 12 months.

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