Junior ISA
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | ISA Information | ISA Access | SG Verdict |
|---|---|---|---|---|---|---|---|---|
|
4.50% | £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. |
|
3.80% | £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. |
|
3.75% | £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 |
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 |
|
2.95% | £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 |
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. |
|
2.50% | £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. |
|
2.00% | £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 |
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. |
|
3.75% | £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 |