Junior ISA
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | ISA Information | ISA Access | SG Verdict |
|---|---|---|---|---|---|---|---|---|
|
5.00% | £1 / Maximum | Branch | Branch |
| Transfers in only permitted from Junior Cash ISAs and Child Trust Funds |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
Currently restricted to children who live, work or study in Bath, or whose parents, grandparents or legal guardian have been a Bath Building Society customer for at least the past 12 months. Bath is one of the smallest building societies in the UK, looking after £225m of deposits. |
|
4.00% | £1 / No Maximum | Branch | Branch |
| Transfers in accepted from: cash and stocks & shares Junior ISAs, Child Trust Funds |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
The best paying Junior ISA without any eligibility restrictions. Coventry, which is the 2nd largest building society in the UK looking after £38.2bn of deposits, has consistently topped the Junior ISA best buys. |
|
3.90% | £1 / No Maximum | Branch | Branch |
| Transfers in accepted from: cash and stocks & shares Junior ISAs, Child Trust Funds |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
This JISA can be opened on behalf of the child, by a parent or guardian with parental responsibility or by the child themselves once they turn 16. Whoever opens the account simply needs to be an existing Society member or a new customer who lives in one of the following postcode areas: DL, DH, SR, TS, YO or HG. Darlington has nine branches across the north east and looks after £561m of savings, and is the 21st largest building society in the UK |
|
3.15% | £2,500 / £500,000 | Branch | Branch |
| Transfers in permitted from: Junior Cash ISAs, Junior Stocks & Shares ISAs, Child Trust Funds |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
Dudley looks after £446m of savings and is the 25th largest building society in the UK |
|
2.70% (£3,000+) 1.95% (£1+) | £1 / No Maximum | Branch | Branch |
| Transfers in accepted from: Cash Junior ISAs ISA Transfer out to another ISA provider is allowed after 45 days’ notice, or without notice subject to the loss of 45 days’ interest on the total amount withdrawn. |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
Epsom based Family Building Society is part of National Counties Building Society, the 11th largest in the UK. It looks after over £2bn of savings. |
|
2.75% | £1 / No Maximum | Branch | Branch |
| Transfers in accepted from: cash and stocks & shares Junior ISAs, Child Trust Funds |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
Halifax is part of Lloyds Banking Group, the largest savings provider in the UK, and has consistently been one of the best paying providers of children's savings accounts. |
|
2.25% | £1 / No Maximum | Branch | Branch |
| Transfers in accepted from: cash and stocks & shares Junior ISAs, Child Trust Funds |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
Lloyds Banking Group is the largest savings provider in the UK looking after £412bn of deposits |
|
3.50% | £1 / No Maximum | Branch | Branch |
| Cash Junior ISA transfers are accepted |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
Loughborough has five branches and looks after £249m of savings, making it the 32nd largest building society in the UK |
|
3.75% | £10 / No maximum | Branch | Branch |
| - Transfers in accepted from: Cash Junior ISAs and Child Trust Funds |
Withdrawals are not permitted until the child reaches 18 Additions are allowed |
Monmouthshire Building Society is based in Newport and was founded in 1869. It looks after £818m of savers deposits. |
|
3.40% | £1 / £9,000 | Branch | Branch |
| Transfers in accepted from: cash and stocks and shares Junior ISAs |
Withdrawals are not permitted until the child is 18 Further additions are allowed up to the £9,000 annual limit |
National Savings & Investments is not a bank but is backed by the UK government and therefore is 100% safe. It is one of the largest savings providers in the UK, looking after £203bn of savings with over 25 million customers. |
|
4.00% | £1 / No maximum | Branch | Branch |
| - Transfers in accepted from cash Junior ISAs and Stocks & Shares Junior ISAs |
Withdrawals are not permitted until the child is 18 Additions are allowed. |
The best unrestricted Junior ISA in the market Skipton is the 4th largest building society in the UK and looks after £21bn of deposits. |
|
3.00% | £1 / No Maximum | Branch | Branch |
| Transfers in accepted from: cash Junior ISAs and Child Trust Funds |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
Tesco Bank launched in July 1997, initially as a joint venture with Royal Bank of Scotland, but has been wholly owned by Tesco since 2008. It looks after £7.7bn of savings, having reduced its customer deposits from over £10bn in 2019, due to the sale of its mortgage business. |
|
2.75% | £1 / No Maximum | Branch | Branch |
| Transfers in accepted from: cash and stocks & shares Junior ISAs |
Withdrawals are not permitted until the child is 18 Further additions allowed up to the £9,000 annual limit |
TSB was relaunched in 2013 as part of a separation of part of the Lloyds Banking Group. Since June 2015, it has been part of Spanish Banking Group Sabadell and has around 500 branches across the UK |