However you want save for your children, there’s a children’s savings account to match.
We won YourMoney.com awards Best Junior Cash ISA provider 2023. This award looks at product quality, price competitiveness, and customer service.
Save for their future
With kids, there’s always something to save for - find an account that works for you
Tax-free savings
A Junior ISA offers a tax-free way of saving for your children
Maintain control
You’re in charge of their money until they’re old enough to manage it themselves
Children's savings accounts
Young Saver
For children under 16
- Earn 3.21% Gross/ 3.25% AER
- Maintain control over the account until the child turns 16
- Instant access account
Junior Cash ISA
Saving for children under 18
- Earn 3.65% Tax-free/AER variable
- Converts to a Cash ISA Saver when the child turns 18
- No withdrawals until your child turns 18
Any questions?
A Junior Individual Savings Accounts (JISAs) are long-term, tax-free savings accounts for children under 18. For the 2024/2025 tax year, the savings limit for Junior ISAs is £9,000 Every year you can save up to the full Junior ISA allowance amount per child. As the parent or guardian, you’ll manage their money until the child turns 18.
The Junior ISA allowance can change each year, and for the 2024/2025 tax year, the savings limit for Junior ISAs is £9,000.
Need any help?
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Important Information
The Annual Equivalent Rate (AER) shows what the interest would be if the interest was paid and added to the account once each year. It lets you compare savings accounts easily. Gross rate means that credit interest is paid without income tax being deducted. Tax-free is the contractual rate of interest payable where interest is exempt from income tax.
You need to be 16+ and UK resident to open most of our savings accounts with the exception of Savings Pots and TSB ISAs. For children under 16 please see specific pages for opening procedures.
