Junior ISAs

Junior ISAs are meant as the replacement for child trust funds, but differ in a number of key ways. Like standard ISAs, they offer tax relief for savings.

Putting money into a Junior ISA means investing in a fund that will remain inaccessible until your child turns 18. You can choose whether the money is invested as cash or stocks and shares, but get no say in how the child spends the money once they have access. Anyone can then add to the fund up to a maximum limit of £3,600 per year.

Our Junior ISAs guide has more information on what to expect from Junior ISAs and how they differ from child trust funds.