Junior Individual Savings Accounts (ISA)

Add money to an account

Anyone can pay money into a Junior ISA, but the total amount paid in can’t go over £4,260 in the 2018 to 2019 tax year.

If your child has £1,000 paid into their cash Junior ISA from 6 April 2018 to 5 April 2019, only £3,260 could be paid into their stocks and shares Junior ISA in the same tax year.

You can transfer money between:

You can’t transfer money between a Junior ISA and an adult ISA.

If your child moves abroad, you can still add cash to their Junior ISA.

Who the money belongs to

Money in a Junior ISA belongs to your child and can’t be taken out until they’re 18, though there are exceptions to this.