skip to main content

Compare Junior ISAs

Pick the best junior ISA to make the most of this year's tax free allowance.

Investment ISAs put your capital at risk & you may get back less than you originally invested.

Junior Stocks & Shares ISA

from Nutmeg

  • Invest From: £100
  • Investment Options: Choose your investment style and preferred risk level. Capital at risk. Approved by Nutmeg 24/02/2023
See Deal

Junior Stocks & Shares ISA

from Interactive Investor

Regular Savings
  • Invest From: £25 pm
  • Investment Options: Choose from more than 40,000 UK and global investment options for your child's ISA. Capital at risk.
See Deal

Junior Stocks & Shares ISA

from AJ Bell

Regular Savings
  • Invest From: £25 pm
  • Investment Options: AJ Bell offer a wide range of investments including shares, funds, investment trusts and ETFs (exchange traded funds). Capital at risk.
See Deal

Junior Stocks & Shares ISA

from Shepherds

Regular Savings
  • Invest From: £10 pm
  • Investment Options: Is an insurance based Junior ISA which invests in stocks and shares via a With-Profits pooled fund. 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).
See Deal

Junior Stocks & Shares ISA

from Wealthify

Regular Savings
  • 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
See Deal

Socially Responsible Junior Stocks & Shares ISA

from Nutmeg

  • Invest From: £100
  • Investment Options: Nutmeg offer a socially responsible junior investment ISA which places emphasis on environmental and social and governance factors. Capital at risk. Approved by Nutmeg 24/02/2023
See Deal

Junior Stocks & Shares ISA

from Best Invest

Regular Savings
  • 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. Capital at risk.
See Deal

Junior Sustainable Stocks & Shares ISA

from Shepherds

Regular Savings
  • Invest From: £10 pm
  • Investment Options: The fund aims to invest in sustainable companies that offer long-term growth, while making a positive difference to the world your child grows up in. 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)
See Deal

Junior Stocks & Shares ISA

from Hargreaves Lansdown

Regular Savings
  • Invest From: £25 pm
  • Investment Options: Invest in over 3,000 funds, UK and overseas shares, investment trusts and ETFs. Capital at risk.
See Deal

Junior Stocks & Shares ISA

from Scottish Friendly

Regular Savings
  • Invest From: £10 pm
  • Investment Options: A selection of 9 funds so you can tailor your child's investment. Capital at risk.
See Deal When you take out a My Select (Junior ISA) Scottish Friendly will pay £50 into the Junior ISA for your child.

Junior Stocks & Shares ISA

from Beanstalk

  • Invest From: £10
  • Investment Options: Choose from two funds: a cash fund that aims to provide returns in line with money market rates and a shares fund that aims to track the performance of global stock markets.
See Deal

What is a junior ISA?

The current 2022/23 Junior ISA allowance is £9,000.

Junior ISAs are an initiative by the Government to help parents save for their children's future. Launched in November 2011, junior ISAs offer tax-free savings and investments.

Each eligible child is allowed to have one cash ISA and one stocks and share ISA at any time.

Transfers are permitted between cash and stocks and shares junior ISAs, or to another junior ISA provider.

Children who were born between 1st September 2002 and 3rd January 2011 will already have a Child Trust Fund, and are therefore not eligible for a junior ISA.

Who is permitted to open a junior ISA?

ISAs can be opened by anyone who has parental responsibility for an eligible child.

One ISA can be opened per child. Management of the ISA passes to the child when they turn 16. However, funds remain inaccessible until the child turns 18, after which they can either withdraw the funds, or have their account roll over into an adult ISA.

What are the rules surrounding junior ISAs?

In terms of rules and regulations, junior ISAs operate on a similar principle to regular adult ISAs.

It's permissible to switch providers, but only one junior ISA can be held by each child at a time. Unlike Child Trust Funds, junior ISAs don't involve any Government contribution.

Each year there is a junior ISA allowance. This allowance can either be put into a junior cash ISA or divided between a junior stocks and shares ISA and a junior cash ISA in whatever proportion you wish.

What are the advantages of junior ISAs?

  1. Junior ISAs provide parents, friends and family members with a convenient, tax-efficient way to save for a child's future.
  2. The money saved in a junior ISA stays tax-free once the child reaches the age of 18.
  3. The money is locked away until the child turns 18, which stops your teenager from being tempted into spending it on unimportant items.
  4. If you want to save an annual amount for your child that generates over £100 in yearly interest, a junior ISA ensures that this interest isn't taxed.

What are the disadvantages of junior ISAs?

  1. Once your child reaches 18, the money is theirs to spend or save as they wish. If you've got a specific savings goal in mind for your child - for example, a mortgage deposit - you might be better off setting up a savings account in your own name so that you can ensure the money is used for the purpose you originally intended.
Oliver Roylance-Smith
Edited by Oliver Roylance-Smith - ISA.co.uk

Frequently Asked Questions

Yes, each child can have one Junior Cash ISA and one Junior Stocks and Shares ISA. Their annual allowance of £9,000 is split between each of these accounts and so your total contributions cannot exceed this figure.

No withdrawals are allowed until your child is 18. They can then make withdrawals at their own discretion.

Yes, your investment can increase and decrease in value.

You can top up a Junior Shares ISA online, via your mobile app, over the phone, or by post with a cheque.

You can add money with a lump sum or regular direct debit.

Your child’s Stocks and Shares JISA will automatically transfer to a standard Stocks and Shares ISA account in their name.

£9,000. This will refresh each tax year and HMRC reviews the amount each time.

Important Risk Information:

Important: Capital at risk. Tax treatments depend on your individual circumstances and may change. Investments can go down in value as well as up, so your child could get back less than you invest. The information on this page isn't personal advice - if you’re not sure if an investment is right for you or your child, please ask for advice. ISA tax rules can change and their benefits depend on individual circumstances.

This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Cookie Policy