A Junior ISA, or JISA, is a long-term tax-free savings account for children, set up by a parent or guardian. Only the child can access this pot of money, and only once they turn 18; no money can be withdrawn before this time except in very exceptional circumstances.
Topics
Featured: Shepherds Friendly Society*
- One of the oldest and most respected mutual insurers in the world
- Excellent customer feedback and reviews
- 5 Star Defaqto Rating
- Stocks and Shares ISAs and Junior Stocks and Shares ISAs available
- An excellent, easy to navigate website with clear information
- Quick easy online setup
- Expert fund managers make investment decisions for you
- Handy online Resource Centre
- Free £50 Love2Shop voucher for new customers
- Award-winning: Moneyfacts 2019
Website: Shepherds Friendly Society
Read the full Shepherds Friendly Society review
Please note companies are ranked in no particular order and data comes from each company’s website and was last updated in March 2023.
| COMPANY | ANNUAL ADMIN FEE |
|---|---|
| AJ Bell | 0.25% |
| Arnold Stansby and Company | not stated |
| Aviva | 0.60% |
| Bath Investment Building Society | not stated |
| Beverley Building Society | not stated |
| Blankstone Sington | not stated |
| BMO | 0.33% |
| Brewin Dolphin | 0.81% |
| Castlefield | not stated |
| Charles Stanley | not stated |
| Chorley and District Building Society | 0.30% |
| Clockwise Credit Union | not stated |
| Coventry Building Society | not stated |
| Darlington Building Society | not stated |
| Dowgate | not stated |
| Earl Shilton Building Society | not stated |
| Foresters Financial | 1.60% |
| Hartleys Pensions | £150 |
| Interactive Investor | £119.88 |
| James Brearley and Sons | 0.75% |
| James Sharp | 1.50% |
| Kingston Unity Credit Union | 1.50% |
| Leek United Building Society | not stated |
| Liontrust | not stated |
| M and G Securities | not stated |
| Metropolitan Police Friendly Society | 1.32% |
| National Savings | not stated |
| Netwealth | 0.65% |
| Newcastle Building Society | not stated |
| Nottingham Building Society | not stated |
| Nutmeg | 0.75% |
| Orbis | none |
| PFP Wealth Management | not stated |
| Pilling and Company | 0.50% |
| Progressive Building Society | not stated |
| Rathbone | 1.20% |
| Redmayne Bentley | £60 |
| Red Rose Friendly Society Limited | 1.60% |
| Santander | not stated |
| SCM | not stated |
| Scottish Friendly | not stated |
| Shard Capital | not stated |
| Sheffield Mutual Friendly Society | 1.50% |
| Shepherds Friendly Society | 1.55% |
| Slater Investments | not stated |
| Swansea Building Society | 1.50% AER |
| TAM | none |
| Tesco Personal Finance | not stated |
| Triodos Bank | not stated |
| True Potential | none |
| TSB Bank | not stated |
| Vanguard | 0.15% |
| Vitality | none *Healthy Living Discount |
| Walker Crips | 1.65% |
| Wealthsimple | 0.60% |
1. AJ Bell
- With assets totalling £54.3 billion, AJ Bell is one of the UK’s largest investment platforms
- Stocks and Shares ISAs, Lifetime ISAs and Junior ISA products available
- A wide range of over 2,000 investment opportunities
- Specialist help and investment advice offered
- Low fees and costs – deal from £1.50 and never pay more than £9.95 per online deal
- Easy to use online account available 24/7
- Free investment tools, videos and research
- Customers with more than £4,000 in their account get free access to Shares magazine
- Award-winning: Sunday Times 100 Best Companies, Money Marketing Awards and Moneyfacts Annual Star Ratings 2020
- Online free signup
Website: AJ Bell
Read the full AJ Bell review.
2. Arnold Stansby
- One of the oldest member firms of the London Stock Exchange with its origins dating back to the 1870’s
- Stocks and Shares ISAs and Junior ISAs only
- Monitor the progress of your ISA portfolio 24/7
- Half-yearly ISA valuation offered
- No outsourcing of your investments to 3rd parties – the process is managed internally from start to finish
- A large document library with supporting information
- Fast easy online setup
- Also offers a large range of related financial services including SIPPS, SASS, Probate, Inheritance Tax Planning, Trust Management and more
Website: Arnold Stansby
Read the full Arnold Stansby review.
3. Aviva
- The UK’s largest insurance company with over 15 million customers
- Previously known as Norwich Union
- Stocks and Shares ISAs and Junior Stocks and Shares ISAs available only
- Partnered with Wealthify: experts to help manage investment choices
- Good online resource and downloadable information packs
- Manage and track your ISA with our online investment service.
- Aviva’s Financial Advisors rated 4.6/5 in a 2019 survey
- Discount on fees over £20,000 investment
- Defaqto 5 Star Rating
- Award-winning: Boring Money 2019 / Personal Finance Awards ‘Best JISA’
- Online free signup
Website: Aviva
Read the full Aviva review.
4. Bath Building Society
- Founded in 1904, Bath Building Society has grown to be a popular savings and investments provider
- Present-day assets of £292 million
- Specialises in savings accounts and mortgages
- Cash ISAs and Junior ISAs available only
- Personalised service; no call centres
- Active involvement in the local community and local community schemes
- Fast easy online setup
- Competitive interest rates
- Detailed product information on website
Website: Bath Building Society
Read the full Bath Building Society review.
5. Beverley Building Society
- Founded in 1866, Beverley Building Society is one of the UK’s longest-established societies
- Cash ISAs and Junior ISAs available only
- Also offers various mortgage, savings and investment products
- 5 Star service as voted by members
- Fast easy online setup
- Good product detail and information on website
- FSCS protected
Website: Beverley Building Society
Read the full Beverley Building Society review.
6. Blankstone Sington
- Established in 1976 and based in Liverpool
- A range of financial services for private investors, intermediaries and trustees, including model portfolio services, stockbroking, SIPPs, inheritance tax portfolios and investment management
- Stocks and Shares ISAs and Junior ISAs available only
- An easy-to-understand, clear website
- Fast easy online setup
- A range of financial services including model portfolio services, stockbroking, SIPPs, inheritance tax portfolios and investment management
- Website provides useful news, market reports and trustee feedback
Website: Blankstone Sington
Read the full Blankstone Sington review.
7. BMO
- A long established, credible company since 1817
- Experienced fund managers
- Stocks and Shares ISAs and Junior Stocks and Shares ISAs available only
- Large range of investment trust options
- Access to a diversified and professionally run portfolio of shares
- Option to ‘pool’ via 10 Investment Trusts
- Award-winning Junior ISA: Online Personal Wealth Awards 2020
- Useful online help guides, documents and glossary
- 20 offices in 14 countries worldwide
- Authorised and regulated by the Financial Conduct Authority
- Assets are protected by the Financial Services Compensation Scheme
- Fast easy online setup
Website: BMO
Read the full BMO review.
8. Brewin Dolphin
- A long-established company with a rich history
- A network of 30 offices across the UK, Channel Islands and in the Republic of Ireland
- An award-winning research team, who undertake research across markets, asset classes and individual companies
- Investment ISAs and Junior Investment ISAs available only
- Fast easy online setup
- Six investment portfolios to choose from
- Investment options for Juniors
- Useful online investment guides
Website: Brewin Dolphin
Read the full Brewin Dolphin review.
9. Castlefield
- Established in 2002, Castlefield specialises in providing financial advice and opportunities for individuals or businesses that want to invest in charities or ethical funds
- Tailored financial advice
- Specialist Investment ISAs available only
- A junior version of the ISA is also available
- Specialist investments in charities or ethical funds
- ‘B.E.S.T’ investment selection methodology identifies investments not only based on traditional financial criteria, but also on other critical success factors such as environmental and social impact and good standards of corporate governance
- Fast easy online setup
Website: Castlefield
Read the full Castlefield review.
10. Charles Stanley
- Established in 1792, one of the oldest firms on the London Stock Exchange
- Stocks and Shares ISAs and Junior ISAs available only
- Direct communication with your investment manager – not a separate relationship manager
- Online client portal gives 24/7 access
- Manage your own investment funds or allow the company’s investment specialists to make the decisions for you
- Bespoke discretionary managed service
- Withdraw your money at any time
- Straightforward to setup, transfer in existing ISAs
- A clear, easy to understand website
- Fast east online setup
- Good customer reviews
- A fast process on a stable funds platform
Website: Charles Stanley
Read the full Charles Stanley review.
11. Chorley Building Society
- Formed in 1859, Chorley Building Society provides trusted mortgages and savings accounts
- Cash ISAs and Junior Cash ISAs available only
- 14 day cooling off period
- A bespoke, tailored and personal service
- Profits go back to members
- Minimum deposit is just £1
- Fast easy online setup
- Excellent customer review
Website: Chorley Building Society
Read the full Chorley Building Society review.
12. Clockwise Credit Union
- Established in 1992, Clockwise Credit Union Clockwise Credit Union is a membership-based, not-for-profit financial organisation
- Junior ISA products available only
- Access to a fun and interactive online account page
- Refer a Friend £100 prize scheme
- Manage your money online or with the mobile app
- Funds protected by the FSCS
- A decent website with plenty of useful information
- Fast easy online setup
- Positive customer reviews
Website: Clockwise Credit Union
Read the full Clockwise Credit Union review.
13. Coventry Building Society
- The second largest building society in the United Kingdom
- Award-winning: Gold Ribbon Customer Experience, Moneyfacts Awards, Best Building Society for Savings
- A range of variable and fixed rate Cash ISAs to choose from, including Junior ISAs
- A plain-English, easy to understand website
- Simple and transparent product offerings
- Fast easy online setup
- Partners of The Royal British Legion with certain ISAs supporting the charity
Website: Coventry Building Society
Read the full Coventry Building Society review.
14. Darlington Building Society
- A long-standing, reputable Building Society over 160 years old
- Cash ISAs and Junior Cash ISAs available only
- View your accounts and request transfers quickly and easily online
- Helpful online library of support documents and user guides
- A clear, easy-to-understand website
- Open an account with as little as £1
- Award-winning: British Bank Awards 2020
- Fast easy online setup
Website: Darlington Building Society
Read the full Darlington Building Society review.
15. Dowgate Capital
- Specialists in corporate broking and wealth management services
- Stocks and Shares ISAs available only
- A Junior version of the Stocks and Share ISA also available
- Fast easy online setup
- Build your own portfolio of investments
- A variety of shares, fixed interest stocks, gilts, unit trusts and investment trusts to pick from
- Other services include stock brokerage, trading, financial planning, investment strategies and advisory services
Website: Dowgate Capital
Read the full Dowgate Capital review.
16. Earl Shilton Building Society
- A long-standing established organisation
- Over 160 years’ experience in providing mortgage and savings products and services
- Specialises in Instant Access Cash ISAs
- Junior version of the Cash ISA also available
- An informative well-populated website
- Fast easy online setup
- Positive customer reviews
- Great customer service
Website: ESBS
Read the full ESBS review.
17. Foresters Financial
- Based in Bromley, Foresters Financial was established in 1874 to help families achieve long-term financial health and security
- Stocks and Share ISAs and Lifetime ISA products available only
- Junior ISAs also offered
- Manage your savings online through MyPlans, with 24/7 access to your plan details, value, fund performance, documents and information
- Access your member benefits through MyForesters, where you are able to apply for grants, find activities you want to attend and access LawAssure.
- Accounts are quick and easy to open in minutes
- A clear, easy to understand website
- Helpful online guides and tax calculators
- Fast easy online setup
Website: Foresters Financial
Read the full Foresters Financial review.
19. Hartley Pensions
- Based in Bristol and established in 1981, Hartley Pensions provides various pension products
- Stocks and Shares ISAs, Innovative Finance ISAs and Junior Stocks and Shares ISA products available
- No fees charged to transfer out
- Quick and easy to signup online
- Calls answered by trained financial industry professionals, not call centre staff
- Every client gets their own personal administrator
- Flexible, straight-forward products
Website: Hartley Pensions
Read the full Hartley Pensions review.
20. Interactive Investor
- Stocks and Shares ISAs and Junior Stocks and Shares ISAs available
- Access to more than 40,000 UK and global investment options
- Ready-made portfolios and fund recommendations available
- Flat rate fees which covers you for multiple accounts
- No trading fees
- One free trade per month: get back £7.99 credit every month to buy or sell any investment
- Free to top up your ISA each month
- Award-winning: Best ISA Provider at the 2019 City of London Wealth Management Awards
- £100 cash back if you switch ISAs
- Positive customer feedback and user experiences
- Online free signup
Website: Interactive Investor
Read the full Interactive Investor review.
21. James Brearley
- A well-established company with 100 years longevity
- Stocks and Shares Flexible ISA and Junior Stocks and Shares ISA products available
- A wide range of equities, fixed interest securities and collective investment schemes
- A decent library of downloadable help resources
- Nominee Service provides clients with a secure and efficient facility in which to hold their investments
- Authorised and regulated by the Financial Conduct Authority
- Fast easy online setup
Website: James Brearley
Read the full James Brearley review.
22. James Sharp & Co
- Based in Lancashire, James Sharp & Co is an independent stockbroking firm and a member of the London Stock Exchange
- Self-Select Investment ISAs and Junior ISAs available
- Execution-only or advisory dealing services
- A wide range of investments
- Minimum subscriptions of £10 allowed
- Annual charge cap of 1.5%
- Fast easy online setup
Website: James Sharp & Co
Read the full James Sharp & Co review.
23. Kingston Unity Friendly Society
- A long-established, reputable company since 1840
- Profits are shared with members, not for corporate profit
- Investment ISAs and Junior ISAs available
- Save from £25 per month, a lump sum of £500 or more or a combination of the two
- Expertly managed With Profits fund invests in a range of assets
- A guaranteed return of your initial investment on the 10th anniversary or each subsequent 5th anniversary
- Company only invests in ethical businesses
- A clear, easy-to-understand website
- Safe and secure online signup in minutes
- FSCS protected
- Regulated by the Financial Conduct Authority and the Prudential Regulation Authority
Website: Kingston Unity Friendly Society
Read the full Kingston Unity Friendly Society review.
24. Leek United Building Society
- An independent mutual building society based in Leek, Staffordshire
- A range of fixed and variable rate Cash ISAs, including Junior ISAs
- Secure online signup in minutes
- A clear, easy-to-understand website
- Useful online help guides
- A long 150 year heritage
- Protected by the Financial Services Compensation Scheme
Website: Leek United Building Society
Read the full Leek United Building Society review.
25. Liontrust
- Launched in 1995, Liontrust Asset Management plc is a British asset management company based in London, specialising in fund management
- Specialist fund management services
- Stocks and Shares ISAs available
- Junior ISAs also offered
- My Liontrust gives 24/7 online access to your investments, your personal details and past transactions
- Award-winning: AJ Bell Fund & Investment Trust Awards 2020, FE fundinfo Alpha Manager of the Year Awards 2020
- Quick and easy to sign up and begin
Website: Liontrust
Read the full Liontrust review.
26. M&G Investments
- A well-established investment management company with a rich history
- Over 85 years of investment experience
- Stocks and Shares ISAs available
- Junior ISAs also offered
- A large range of funds to invest into
- Fast, simple on-boarding process
- An easy to understand, clear website
- No entry or exit fees
Website: M&G Investments
Read the full M&G Investments review.
27. National Savings and Investments
- A long-established, reputable company established 160 years ago
- Direct ISAs and Junior ISAs available
- The minimum investment amount is just £1
- Quick and easy online signup
- Easy access to savings without an access charge or penalty
- A new easier-to-navigate website
- Monthly premium bonds prize draw
Website: National Savings and Investments
Read the full National Savings and Investments review.
28. Netwealth
- Based in London, Netwealth is a wealth management service offering online planning tools
- Stocks and Shares ISAs available
- Junior ISAs also offered
- Globally diversified portfolios to choose from, centrally managed
- Quick easy online signup
- Good product information, easy to understand
- Knowledge Centre has online tools and downloadable help resources
Website: Netwealth
Read the full Netwealth review.
29. Newcastle Building Society
- Founded in 1980, The Newcastle Building Society is the biggest building society in the North East
- A large range of competitive ISA offerings, including Lifetime ISAs
- Junior versions of the ISAs also available
- Clear, easy-to-understand information on website
- Supports local charities with financial product contributions
- Some positive reviews from happy customers
- Quick easy online signup
Website: Newcastle Building Society
Read the full Newcastle Building Society review.
30. The Nottingham
- Founded in 1849, The Nottingham Building Society is a mutual society
- It provides mortgages, savings, estate agency services, home insurance and financial planning services
- Lifetime ISA, Notice ISA and Junior ISA products available
- Quick easy online signup
- Clear, easy-to-understand information on website
- A good level of product detail offered
- Free advice from trusted mortgage brokers
Website: The Nottingham
Read the full The Nottingham review.
31. Nutmeg
- The first, and now the largest, digital wealth manager in the UK
- Stocks and Shares ISAs, Junior ISAs and Lifetime ISA products available
- A wide range of risk levels and investment portfolios
- Excellent customer reviews
- Simple, jargon-free services and advice
- Quick easy online signup
- Transparent 24/7 access to your account
- Social responsibility focus
- Accounts are proactively managed by an experienced investment team
- Regulated by the Financial Conduct Authority and protected by the Financial Services Compensation Scheme
- Award-winning: Best Stocks & Shares ISA Provider 2019
Website: Nutmeg
Read the full Nutmeg review
32. Orbis
- 10 global offices with £25billion of assets
- Stocks and Shares ISAs and Junior ISAs available
- Access to global investment expertise with the two Orbis funds you can invest in
- Online dashboard lets you manage and view your investments easily
- Fast and easy account setup
- No fees layers; pay only if Orbis outperforms and get refunded in times it doesn’t
- Authorised and regulated by the Financial Conduct Authority
- A privately owned company: no shareholder pressure
Website: Orbis
Read the full Orbis review
33. PFP Wealth
- Founded in 2013 and located in Birkenhead, PFP Wealth provide holistic financial advice to personal and corporate clients
- Specialist Stocks and Shares ISAs available only
- A Junior version of the ISA is also offered
- A large portfolio of expertly-managed investment funds
- Professional Financial Advisers give personal financial and investment advice
- Set up monthly payments, invest lump sums, or do both
- Award-winning: Wealth Management Company of the Year / Best Advisory Service 2020
Website: PFP Wealth
Read the full PFP Wealth review
34. Pilling & Co
- Founded in 1893, Pilling & Co specialise in Investment Management and Discretionary Management services
- Stocks and Shares ISAs and Junior ISAs available only
- Low cost, tax efficient products
- Low administration fees
- Free transfers in
- Fast easy online signup
- Freedom to change your investments as often as you want
- Quarterly newsletter with investment guidance
- Good customer feedback; a helpful and friendly traditional stock broker
Website: Pilling & Co
Read the full Pilling & Co review
35. Police Mutual
- Police Mutual was set up in 1922 to provide financial services and welfare support to the Police Service
- It is open to both Officers and Staff, serving and retired
- Stocks and Shares ISAs and Junior ISAs available only
- 75,000 people currently save for their future with Police Mutual
- £25 Gift Card for opening an account
- A wide choice of investments
- Website is clear and in plain English, so easy to understand
- Fast easy online signup
Website: Police Mutual
Read the full Police Mutual review
36. Progressive Building Society
- Long-established and reputable since 1914
- A large choice of Cash ISA products
- Junior versions of the ISA available
- Clear, easy to understand product information
- Authorised by the Prudential Regulation Authority
- Regulated by the Financial Conduct Authority
- Fast easy online signup
Website: Progressive Building Society
Read the full Progressive Building Society review
37. Rathbones
- Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners
- Stocks and Shares ISAs available only
- A Junior version of the ISA is also offered
- Set up monthly payments, invest lump sums, or do both
- Fees are simple, clear and fair
- Fast easy online signup
Website: Rathbones
Read the full Rathbones review
38. Red Rose Assurance
- An ISA compliant with Shariah beliefs
- It will not make investments in: Weapons and Defence, pork-related products, Tobacco, Alcohol, Financial Services or Entertainment sectors
- Instead it focuses on Technology, Health Care, Consumer Goods, Industrials, Oil and Gas, Consumer Services and Basic Materials
- Funds are managed by the HSBC Islamic Global Equity Index Fund
- Current bonus rate is 3.5%
- With-Profits fund offers a mixture of equities, gilts, corporate bonds, property and cash
- Fast easy online setup
- A useful library of downloadable supporting content
- A Junior version of the ISA also offered
Website: Red Rose Assurance
Read the full Red Rose Assurance review
39. Redmayne Bentley
- Established in 1875 and based in Leeds
- Redmayne Bentley provides traditional personal investment expertise across a range of investment management and stockbroking services
- Stocks and Shares ISAs and Junior ISAs available
- Fast easy online setup
- Useful online ISA Calculator
- Glossary of terms and online library of information
- A clear, easy to understand website
- Award-winning: ‘Best ISA Provider’ at the London Wealth Management Awards
- The Additional Permitted Subscription allows you to make contributions in addition to your annual allowance, up to the value of your deceased spouse or civil partners ISA
Website: Redmayne Bentley
Read the full Redmayne Bentley review
40. Santander
- A popular, well-known retail and commercial brand
- Offers a large of range of different ISA products to suit all tastes, including Junior ISAs
- Includes a flexible tax-free Cash eISA
- A large range of financial and personal support services also available
- Award-winning: Moneyfacts 2020
- Clear, easy-to-understand product information on website
- Fast easy online setup
- FSCS protected
Website: Santander
Read the full Santander review
41. SCM Direct
- Founded in 2008 and based in Mayfair, London, SCM Direct is an award-winning online wealth manager
- Stocks and Shares ISAs available
- A Junior version of the ISA is also offered
- Transfer any existing ISA accounts to SCM Direct
- Invest in a mix of bonds, equities and cash
- No performance fees, advisor charges or exit penalties
- Quick easy online setup
Website: SCM Direct
Read the full SCM Direct review
42. Scottish Friendly
- One of the largest mutual life offices in the UK
- No shareholders, so profits are used to benefit members
- Investment ISAs and Junior Investment ISAs available
- Choose from either: My Easy Choice ISA, My Choice ISA and My Prime ISA, depending on your level of experience and appetite for risk
- Easy to manage online system and mobile app
- Company donates £10 to the Mental Health Foundation when you add £10 to your ISA
- A clear, easy-to-understand website
- Very good customer reviews
- Fast easy online signup
- Award-winning: Best Junior ISA provider at the Investment Life and Pensions Moneyfacts Awards / Best Mutual Insurer
- Member benefits including access to savings and offers from thousands of leading brands and local outlets
Website: Scottish Friendly
Read the full Scottish Friendly review
43. Shard Capital
- Shard Capital is a leading wealth and asset manager offering investment, dealing and capital markets services to private, corporate and institutional clients
- Stocks and Shares ISAs available
- A Junior version of the ISA is also offered
- Tailored service: your investments can be tailored to fit your specific objectives, attitude to risk and time horizon
- Investment opportunities include AIM shares, collective investments, government securities, corporate bonds and cash
- No minimum investment
- Quick easy online signup
- Award-winning: Online Personal Wealth Award
Website: Shard Capital
Read the full Shard Capital review
44. Sheffield Mutual Friendly Society
- A well-established credible friendly society since 1892
- Investment ISAs and Junior Investment ISAs available
- No initial or hidden charges
- Bonus rate of 3.50%
- Invest from just £30 per month
- Quick easy online setup
- Clear, easy to understand product information on website
- Excellent customer reviews
- Authorised by the Prudential Regulation Authority
- Regulated by the Financial Conduct Authority and the Prudential Regulation Authority
- A member of the Financial Services Compensation Scheme
Website: Sheffield Mutual Friendly Society
Read the full Sheffield Mutual Friendly Society review
46. Slater Investments
- Established in 1994 and based in London, Slater Investments is an investment management company
- It focuses on running segregated mandates for corporate clients and high net worth individuals
- Stocks and Shares ISAs and Junior Stocks and Shares ISAs available
- Fast easy online signup
- A decent library of downloadable support guides
- A clear, easy to understand website
Website: Slater Investments
Read the full Slater Investments review
47. Swansea Building Society
- Founded in 1923, Swansea Building Society is an independent mutual building society
- Cash ISAs and Junior ISAs available
- Minimum investment is £1 for Cash ISAs
- Withdraw money from your Cash ISA account at any time without notice or penalty
- Transfers in and out allowed
- A range of useful forms and downloadable content
- FSCS protected
Website: Swansea Building Society
Read the full Swansea Building Society review
48. TAM Asset Management
- Based in London, TAM Asset Management is an award-winning discretionary investment manager founded in 2000
- It manages assets for private clients, insurance companies, pension schemes, trust companies and charities
- A large range of ISA accounts to choose from
- Specialist Sharia-compliant, or ethical accounts available
- Free Junior ISA with every adult ISA opened
- Fast easy online setup
- A useful range of online webinars, videos and insights to support and facilitate decision making
Website: TAM
Read the full TAM review
49. Tesco Bank
- Formed in 1997 as part of a 50:50 joint venture between The Royal Bank of Scotland and Tesco
- A choice of fixed rate or variable interest rate ISAs
- Junior versions of the Cash ISA also available
- A large range of personal banking and insurance products
- Clear, easy to understand information on website
- A selection of helpful online tools, guides and calculators
- Protected by the FSCS
Website: Tesco Bank
Read the full Tesco Bank review
50. Triodos Bank
- An ethical approach: the company only lends to organisations making a positive impact socially, culturally or environmentally
- Cash ISAs, Junior ISAs and Stocks & Shares ISAs available
- Transparent charging structure
- Clear, easy to understand information on website
- Excellent customer service reviews
- Fast easy online setup
- Protected by the FSCS
Website: Triodos Bank
Read the full Triodos Bank review
51. True Potential
- Stocks & Shares ISAs and Junior ISAs available
- No initial charge or annual charges for the tax wrapper
- No dealing charges
- No penalties for withdrawals
- Fast easy online setup
- Award-winning Wealth Platform technology
- Excellent customer reviews – a modern, dynamic, professional company
- Authorised and regulated by the Financial Conduct Authority
Website: True Potential
Read the full True Potential review
52. TSB
- A large, well-known brand
- Partnered with Legal & General to provide protection products
- Various fixed interest rate and various interest rate ISAs available
- Junior versions of the product also available
- Open up a variable interest account from as little as £1
- Authorised by the Prudential Regulation Authority
- Regulated by the Financial Conduct Authority and the Prudential Regulation Authority
Website: TSB
Read the full TSB review
53. Vanguard
- 40 years experience with 30 million investors worldwide
- Many positive customer reviews, excellent customer service
- Commitment to keeping costs low
- Stocks and Shares ISAs and Junior ISAs available
- Over 75 funds to invest in, including ETFs, active funds and index funds
- Choose a ready-made portfolio or build your own
- Transfer-in existing ISAs
- Low account fee, only 0.15% per year
- No charge to switch holdings, deal, make payments or exit
- Helpful website with useful downloadable content and clear information
- Manage your account from any device, 24/7
Website: Vanguard
Read the full Vanguard review
54. Vitality
- A popular, family brand
- Excellent reviews and great customer feedback
- Stocks and Shares ISAs and Junior ISAs available
- Plan includes the Healthy Fee Saver, giving you healthy living discounts as well as automatic access to the Vitality Programme at no extra cost
- A helpful, informative website
- Fast easy online setup
- Useful online resources, ISA calculators and supporting documents
- 5 Star Defaqto Rating
Website: Vitality
Read the full Vitality review
55. Walker Crips
- Self-Select Investment ISAs available
- A Junior version of the ISA is also offered
- A wide range of investment options
- Fast easy online setup
- Independent investment management
Website: Walker Crips
Read the full Walker Crips review
56. Wealthify
- Backed by Aviva, one of the largest and most recognised financial services brands
- Stocks and Shares ISAs and Junior ISAs available
- Ethical investment opportunities
- Access your account 24/7
- Low fees and no hidden costs
- Transfers-in accepted
- Fast easy online setup
- A promise of simple, no complicated jargon
- 5 Star Defaqto Rating
- Award-winning: British Bank Awards / Investor Choice Awards 2020
- Excellent customer reviews
Website: Wealthify
Read the full Wealthify review
What is Junior ISA?
A Junior ISA, or JISA, is a long-term tax-free savings account for children, set up by a parent or guardian. Only the child can access this pot of money, and only once they turn 18; no money can be withdrawn before this time except in very exceptional circumstances.
There are two types of Junior ISA: a Cash Junior ISA where you will not pay tax on interest on the cash you save, and a Stocks and Shares Junior ISA where your cash is invested and you will not pay tax on any capital growth or dividends you receive.
JISAs are a secure savings plan for children. Junior Cash ISAs are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person; Junior Stocks and Shares ISAs are protected up to £50,000 per person.
Any child up to the age of 18 living in the UK can have a Junior ISA.
How much money can I put into a Junior ISA?
The maximum Junior ISA allowance, which you can pay into tax-free each year, is £9,000. You can add a new allowance to your Junior ISA every tax year until your child turns 18. When your child does turns 18, their account is automatically rolled over into an Adult ISA; at this point they can choose to take the money out and can spend it how they like should they prefer. The £9,000 limit applies to each child, so if you are a parent or guardian of a child under 18, each child has their own Junior ISA limit of £9,000 per year.
How many Junior ISAs can I have?
A child can only have one Junior Cash ISA and one Junior Investment ISA at any one time. You can pay into both types of Junior ISA in the same tax year, but you need to be careful not to exceed the overall Junior ISA subscription limit, which is £9,000 per tax year.
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