Barclays Junior ISA
Compare Junior Stocks & Shares ISAs!
Investment ISAs put your capital at risk & you may get back less than you originally invested.
What you're looking for isn't available; however, these brands may offer suitable alternatives
- Invest From: £100
- Investment Options: Invest in one of a range of expertly designed investment portfolios depending on your investment style
Why we like it: Invest from £100. Simple, transparent – Invest in one of a range of expertly designed investment portfolios depending on your investment style. All five Nutmeg investment styles are built by experts and use exchange traded funds to diversify across stocks, bonds, industries, even countries. Choose the one that works for you. Nutmeg are regulated by the FCA & are covered by the FSCS. To open a Nutmeg JISA, the child must be under the age of 16 and funds cannot be withdrawn until the child turns 18. Capital at risk. Approved by Nutmeg 09/08/2024
- Invest From: £25 pm
- Investment Options: Choose from more than 40,000 UK and global investment options for your child's ISA
Why we like it: ii offer a flat fee service which over time could save you money compared to platform providers who charge on the value of investments held. ii offer ready made funds including their ethical funds which allows you to invest in line with your principles covering environmental, social and governance factors. Capital at Risk
- Invest From: £25 pm
- Investment Options: AJ Bell offer a wide range of investments including shares, funds, investment trusts and ETFs (exchange traded funds)
Why we like it: Which? Recommended Investment Provider. Invest from £25 pm or invest a lump sum up to £9,000 in the current tax year. AJ Bell offer a wide range of investment options. For a “no hassle” option, you can choose from one of 8 funds and AJ Bell Investments will do the rest. AJ Bell offer a “Responsible Growth Fund” focused on companies taking their commitment to the environment and society seriously. . Capital at risk.
- Invest From: £10 pm
- Investment Options: Is an insurance based Junior ISA which invests in stocks and shares via a With-Profits pooled fund
Why we like it: Your child’s money will be invested through a fund manager & will be invested primarily in stocks and shares, with the aim of achieving higher growth over the long-term than might be available through a cash-based Junior ISA. Open a Junior ISA for your child and get rewarded too. . Capital at risk. Please note: As with all investing, your capital is at risk you may get back less than you have put in. The value of the ISA will depend on the performance of the investments and any bonuses cannot be guaranteed. Additionally, if investment conditions are poor, we may apply a Market Value Reduction (MVR)
- Invest From: £1
- Investment Options: Choose from one of five investment styles based on risk, and a team of experts build your child’s Junior ISA, choosing which investments to buy and managing them on your behalf
Why we like it: You can choose to invest for you child in an Ethical Plan or an Original Plan. Wealthify Junior ISAs contain a range of investments from across the globe matched to the level of risk you choose. Each Junior Stocks & Shares ISA will contain up to 20 investment funds from providers like Blackrock and Vanguard Wealthify is authorised and regulated by the Financial Conduct Authority (FCA). Your money is looked after by our team of experienced and qualified investment managers, and we’re backed by global financial services provider, Aviva. Invest up to £9,000 per year and/or transfer from existing Junior ISA or Child Trust Fund. Capital at risk.
- Invest From: £100
- Investment Options: Nutmeg offer a socially responsible junior investment ISA which places emphasis on environmental and social and governance factors
Why we like it: Open with a lump sum from £100. Simple, transparent – Socially responsible portfolios are tilted towards companies and bond issuers that have high environmental, social and governance (ESG) standards. Nutmeg invest in exchange traded funds that avoid companies engaged in controversial activities while focusing on those that lead their peers on ESG. Capital at risk. Approved by Nutmeg 09/08/2024
- Invest From: No Minimum
- Investment Options: Choose your own investments, invest with help from an adviser or let the experts take care of it all for you
Good to know: Junior ISAs work in the same way as adult ISAs. They give children an allowance every year to save money or invest without paying any Income Tax or Capital Gains Tax. This year the annual Junior ISA allowance is £9,000. Capital at risk.
- Invest From: £25 pm
- Investment Options: Invest in over 3,000 funds, UK and overseas shares, investment trusts and ETFs
Good to know: With an HL Junior Stocks and Shares ISA, you can choose investments for your child including UK and overseas shares, Investment trusts, bonds and exchange-traded funds (ETFs). HL have over 1 million clients who trust them for their investments. Capital at risk
- Invest From: £10 pm
- Investment Options: A selection of 9 funds so you can tailor your child's investment
Why we like it: Offers a selection of 9 funds to choose from, including an “International Ethical Fund” so you can tailor your child’s investment. Winner of Best Junior ISA provider for the 2nd year running at the Investment Life and Pensions Moneyfacts Awards 2020. Capital at Risk
- Invest From: £10
- Investment Options: Allocate your savings between a cash money market fund / shares fund from L&G and Fidelity
Why we like it: Rated the Best Junior ISA two years in a row at the Good Money Guide awards. Beanstalk app is free to download and use. The only charge is an annual fee of 0.5% on the value of any investments, one of the lowest around. Rated excellent on Trustpilot. Capital at Risk
Barclays Junior ISA
Barclays don’t currently offer a Junior ISA but they do offer a range of Junior Savings accounts.
You can find some information on Junior ISAs below.
What is a Junior ISA?
Junior ISAs work in a similar way to adult ISAs by allowing you to save money for your child without paying Income Tax (or Capital Gains Tax) on the interest or returns you receive.
You can open a Junior ISA as long as you’re either the parent or guardian of the child, but the money belongs to the child. This means that you (or any friends and family) can pay money in, up to the annual JISA allowance each tax year, but you won’t be able to make any withdrawals until the child turns 18. Once your child turns 16, they’ll be able to take control of the account and add money to it if they want to, the money then passes fully to the child when they reach 18.
Types of Junior ISA
Just like adult ISAs, there are 2 types of JISA that you could choose to open:
Junior Cash ISA – Junior Cash ISAs work in a similar way to a normal savings account, except that you don’t pay UK Income Tax on the interest your money earns.
Junior Investment ISA – Junior Investment ISAs can offer a potentially higher rate of return on the money as savings are invested in the stock market. And you also won’t pay UK Income Tax or Capital Gains Tax on any of the returns.
However, it’s important to consider that the value of investments – and so, the amount in the JISA – could go down as well as up.
Why use a Junior ISA?
Recent research suggests that the vast majority of parents with children under 18 believe it’s important to save on behalf of their child, but over half of those questioned said they hadn’t heard of Junior ISAs. Launched in November 2011, junior ISAs offer each eligible child an annual allowance – just like an adult ISA allowance – which can be put into a cash ISA and a stocks and shares ISA, in whatever proportion the adult opening the account chooses.
Are there any regulations that make a junior ISA different from an adult ISA?
Junior ISAs are quite similar to regular adult ISAs in terms of rules and regulations. It’s important to note that the junior ISA limit can be divided between a cash ISA or a stocks and shares ISA in whichever proportion you wish. You can also switch a Junior ISA from a cash ISA to a stocks and shares ISA, and vice versa.