Is my child eligible for a Junior ISA?
Your child must be resident in the UK and have been born on or after the 3rd Jan 2011.
If your child was born before Sept 2002 and they are still under the age of 18 then they are also eligible for a Junior ISA.
How many Junior ISA’s can my child have?
Each eligible child is only permitted to hold one of each Junior ISA (1 cash junior isa & 1 investment junior isa).
It is not required that both accounts must be held with the same provider.
My child has a Child Trust Fund. Can they still open a Junior ISA Account?
No, we’re afraid not. If your child qualified for a child trust fund then they are not eligible for a childrens isa.
Can Grandparents contribute towards a Junior ISA for their Grandchild?
Yes they can. In fact, any family member or friend can pay into a child’s isa account just as long as the total annual investment does not exceed £3,840 per tax year.