skip to main content
Homepage /

ISAs for Children

Compare Junior ISA Deals
The junior ISA limit for 2016-2017 is £4,128. A junior ISA offers a convenient, tax-efficient way to save for your child's future.

ISAs for Children

The Junior ISA replaces Child Trust Funds, which are no longer available. Child Trust Funds were launched in 2005 and were available to children born between September 1, 2002, and January 2, 2011. There are an estimated six million child trust funds in Britain, each one holding on average £750. Parents of children with CTFs do not currently have the option to move their balance to a junior ISA to gain more attractive terms. However, this may soon change, allowing parents to transferring the £4.8billion currently tied up in child trust funds into Junior ISAs.

Children's ISA rules

  • The child must not already hold a Children's Trust Fund (CTF) account.
  • The child can have both a junior cash ISA and a junior stocks and shares ISA in any given tax year, as long as total amount invested during the year is no more than the annual allowance
  • If child is under 16 someone with parental responsibility must open the Junior ISA
  • Funds in the account will be owned by the child it is opened for and will be locked in until the child reaches 18
  • Eligible children can hold one cash ISA and one stocks and shares ISA at a time
  • Anyone can contribute to a child’s account at any time up to the annual limit
  • All contributions to a Junior ISA are a gift to the young person and cannot be returned to the contributor later if they subsequently change their mind. 

Advantages of children's ISAs

Junior ISAs provide parents, friends and family members with a convenient, tax-efficient way to save for a child's future. An added advantage is that the money saved in a junior ISA stays tax-free once the child reaches the age of 18.

Limitations of children's ISAs

If your child already has a Child Trust Fund, they aren't eligible for a junior ISA, and there's currently no facility to transfer money from Child Trust Funds into junior ISAs. Also, bear in mind that once your child reaches 18, the money is theirs to spend or save as they wish.

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

What is a Lifetime ISA, And How Does it Work?

28th February 2020

Launched in 2017, offering a saving bonus of 25% from the government, Lifetime ISAs offer highly attractive benefits for the right people. If you’re saving for your first home, or saving for retirement – you should be thinking about opening a Lifetime ISA. 

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

4.91 Average

22 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


Excellent website - clear and helpful information about different products - and a trustworthy partner.


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


Really simple to use and all the information was clear with lots of products available. The interest calculator was really handy too. Have bookmarked and will definitely use again.