Junior ISA Account - Tax Free Savings For Children
Click here to view our range of Junior ISA Accounts

Junior ISA:

start saving towards your child’s financial future now

 

Top 10 Junior ISA Accounts

 

Junior ISA

Annual
Management
 Fee

Minimum
Deposit

Application

Positives / Negatives

Further
Details

1

Childrens ISA Ltd

1.5%

£10 lump sum
or £10 per month

Online or Post

+ The funds are managed by Prudential who are one of the UK’s most trusted and well established fund management companies
+ Hold different funds within the account to
help minimize the risk.
+ One of the UK’s leading Junior ISA Providers

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2

Scottish Friendly

1.5%

£50 lump sum
or £10 per month

Online or Post

+ Low annual management fees
+ One of the UKs leading friendly societies established in 1862
+ Managing in excess of £750million worth of funds (as at 31/12/2011) with over a million policy holders
+ Quick & simple online application process

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3

Shepherds Friendly

2.5%

£100 lump sum
or £10 per month

Online or Post

+ Mutual Friendly Society established in 1826
+ Quick & simple online application process
+ Grandparents, friends & family can contribute

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4

Family Investments

1.5%

£500 lump sum
or £10 per month

Online or Post

+ Low annual charges
+ Award winning investment provider
+ Currently managing over £3billion of funds for over
1.7 million of their UK customers
+ Easily view & manage your account online

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5

Red Rose Assurance

1.5%

£50 per month

Online or Post

+ Long established mutual society
+ Invests in a mix of assets including stocks &
shares, property, gilts, bonds and cash

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6

Child ISA

1.5%

£10 lump sum
or £10 per month

Online or Post

+ Experienced Child Savings Platforms
+ Low minimum investment requirement
+ Choose from Cautious, Balanced & Adventurous funds

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7

Tax Free Junior ISA

1.5%

£10 lump sum
or £10 per month

Online or Post

+ Mix and match funds to reduce risk
+ Sharia and Ethical Options available

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8

The Children's ISA Ltd
Sharia / Islamic

1.6%

£10 lump sum
or £10 per month

Online or Post

+ Fully compliant with Sharia law
+ Inline with the Islamic Investment Guidelines
+ Funds are managed by Scottish Widows

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9

Sheffield Mutual

1.5%

£100 lump sum
or £10 per month

Download
Application Form

+ Established in 1892
+ Independent mutual organisation
- Download application form only
- Small local provider

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10

The Children's ISA Ltd
Ethical

1.6%

£10 lump sum
or £10 per month

Online or Post

+ Socially responsible investing
+ One of the first to market providers
- Whole investment goes into a single fund

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Due to the ever rising cost of university fee’s and the unpredictable housing market, many families today will simply not be able to afford to put their children through further education after leaving school or even afford to help save up a deposit for their very first home.

With a
Junior ISA Account, the child can enjoy tax free savings

 
  • You can invest up to £3600 per year tax free
     
  • Grandparents, family members & even friends can contribute towards Junior ISAs
     
  • Every eligible child can have both a cash & an Investment Junior ISA account
     
  • The funds are locked away and cannot be withdrawn until the child reaches adulthood
     
  • Helps to teach the child the importance of savings
  • Click here to view our range of Junior ISA Accounts
     

    throughout the lifetime of the account until they reach adulthood.

    These much needed funds can help towards the start of their financial future and help teach them the importance of savings rather than borrowing.

    Any funds invested within the junior isa will remain locked in until the child reaches 18 years of age. Once the child reaches this age the Junior ISA will automatically change to a regular ISA account and they will have full access to the funds.

    This makes them great for saving up a little nest egg which could then be used to fund the child through university, help towards a deposit on their first home etc.
     

    Junior ISAs:

  • Investment Junior ISA
  • Cash Junior ISA
  • Stocks and Shares Junior ISA
  • Ethical Junior ISA
  • With Profits Junior ISA
  • Actively Managed Junior ISA
  • Shariah Junior ISA
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