|
 A Cash Junior ISA is just like a regular child savings account but the funds are locked away inside the account and can only be accessed by the child when they reach 18 years of age.
Many parents and grandparents prefer the cash option of the Junior ISA as this is generally regarded as a more safer investment.
However, please be aware that by investing in cash, your money is more vulnerable to the negative eroding effects of inflation.
Also, most cash junior isa providers only allow postal or in branch applications only and you cannot manage or view your account online which makes it difficult to follow the progress of your investment.
If you are looking to invest in a Cash Junior ISA account then please use our table below where you can compare over 15 different Junior Cash ISAs, all from different providers.
|
