skip to main content
Homepage /

ISA for babies

ISA savings options for babies

Child or Junior ISAs can provide an easy and convenient way to save for your child's future, in a tax-efficient way.

Junior ISAs

Junior Stocks and Shares ISA

from Hargreaves Lansdown

Regular Savings
  • Investment Options: Invest from £25 per month or deposits of £100.

Why we like it: Invest for your child from £25 pm tax free. A wide range of top performing funds to choose from. The annual charge for holding investments in a Hargreaves Lansdown Junior ISA is never more than 0.45%. Your dealing and other charges will depend on the investments you choose.

Important: The value of your investments can rise as well as fall. You may get back less than you invested. If you’re unsure, we recommend you ask for independent advice.

Junior ISA

from Interactive Investor

Regular Savings
  • 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.

Important: The value of your investments can rise as well as fall. You may get back less than you invested. If you’re unsure, we recommend you ask for independent advice.

My Select Junior ISA

from Scottish Friendly

Regular Savings
  • Investment Options: Invest from £10 a month or a £50 deposit

Why we like it: Invest tax-free from £10 a month or a £50 lump sum — or a mix of both. You can raise, lower, stop and restart your payments any time you like. Offers a selection of eight funds to choose from, so you can tailor your child's investment.

Important: The value of your investments can rise as well as fall. You may get back less than you invested. If you’re unsure, we recommend you ask for independent advice.

Looking at ISA savings options for young children

What are the rules for child ISAs?

In terms of rules and regulations, ISAs for a baby or child are similar to adult ISAs.

  • There are both Junior Cash and Junior Stocks and Shares ISAs
  • Switching providers is allowed, and is usually free.
  • Unlike Child Trust Funds, junior ISAs don't involve any Government contribution.
  • A junior cash ISA can be opened by the child's parent or legal guardian.
  • Once the child reaches 16, they'll be able to manage their own account. However, they won't be able to withdraw funds until they reach the age of 18.
  • Any child who already has a child trust fund is ineligible for a children's ISA.
  • Family, friends and grandparents can all contribute to the ISA account (within the annual limit), making a junior ISA a good way to save for a child's future.

How much cash can I put into a child's ISA?

The annual deposit limits on children's ISAs are different from standard adult ISAs, and changes each tax year check the current limit here:

There are several options available when it comes to deciding how to use this allowance - the money can either be put into a junior cash ISA in its entirety, or it can divided between a junior stocks and shares ISA and a junior cash ISA, in whatever proportion you wish.

Points to consider when choosing a child's ISA

  • Most children are able to earn tax-free interest with any savings plan, not just a junior ISA, as long as the parent opening it on their behalf fills out an R85 form when setting up the account. However, if you are in a position to contribute funds to your child's ISA that generate over £100 per year in interest, a junior ISA can help you avoid paying tax on this.
  • Once your child reaches 18, the money is theirs to spend however they choose. If you're concerned about money being wasted on non-essential items, you might want to save for your child's future in your own name, instead.
  • The money is locked up until your child turns 18, so think carefully about whether you can afford to leave cash untouched for this period of time, and only save an amount that you're able to afford.


Give your child a great start in life

Junior ISAs are a popular way for family and friends to build up tax-efficient savings and investments for eligible children to help them with the cost of university, provide a deposit for a house or simply give them a great start in life.

This guide explains what a Junior ISA is, the rules and:

  • The age limit for Junior ISAs
  • How much can I invest in a Junior ISA?
  • The tax benefits of investing in a Junior ISA
  • Who can open a Junior ISA

Get a FREE Guide to Junior ISAs »

Important Risk Information:

The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website aims to provide information to help you make your own informed decisions. It does not provide personal advice based on your circumstances. If you are unsure of how suitable an investment is for you, please seek personal advice.

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

Cheapest ETF Funds For Your ISA

1st March 2021

In this article we look at some of the cheapest ways to access markets across the globe using your 2020-21 and 2021-22 ISA allowance.

Newsletter Signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

About us is a trading style of Fair Investment Company.

We've been comparing and recommending ISAs for many years so you can trust you're in good hands.

About us

4.74 Average

23 Reviews


I found the way the different options are presented very clear - much more useful than some other comparison sites. I sent it to my daughter as well.


Very informative, find myself a good ISA account with best return in terms of interest.


Easy to use website and up to date. Saved the link on my tablet.

Rob Holden

The website was very useful and informative.

Andrew Johnson

ISA can be confusing at first and this site includes a useful and helpful introduction into the world of ISAs