27/08/2026
Junior Individual Savings Accounts (ISA)
Junior Individual Savings Accounts (ISAs) are long-term, tax-free savings accounts designed for children.
Who can get a Junior ISA?
Your child must:
* be under 18
* live in the UK
If your child lives outside the UK
Your child can only have a Junior ISA if both of the following apply:
* you are a Crown servant, such as a member of the UK Armed Forces, diplomatic service or overseas civil service
* your child depends on you for care
Your child cannot have a Junior ISA and a Child Trust Fund at the same time. If you want to open a Junior ISA, ask the provider to transfer the Child Trust Fund into it.
How Junior ISAs work
There are two types of Junior ISA:
* Cash Junior ISA ,you do not pay tax on the interest earned on your savings.
* Stocks and shares Junior ISA ,your money is invested, and you do not pay tax on any capital growth or dividends you receive.
Your child can have one or both types of Junior ISA.
A parent or guardian with parental responsibility can open and manage a Junior ISA, but the money belongs to the child.
Your child can take control of the account when they turn 16, but they cannot withdraw the money until they turn 18.
Open a Junior ISA
Only a parent or guardian with parental responsibility can open a Junior ISA for a child under 16.
To open a Junior ISA, you need to:
* choose the type of Junior ISA you want for your child cash, stocks and shares, or both
* choose an account provider
* get an application form from the provider
Your child can have:
* one cash Junior ISA
* one stocks and shares Junior ISA
Children aged 16 or 17 can open a Junior ISA themselves.
Junior ISA providers
Junior ISAs are available from a range of providers, including banks, building societies, credit unions, friendly societies and stockbrokers.
Contact a provider directly to find out more about their Junior ISAs and how to open an account with them.