Junior ISAs (the ‘ISA’ bit stands for ‘Individual Savings Accounts’) are longer-term tax-free savings accounts for under 18s. Interest on them is always paid tax-free.
For the 2021/2022 tax year, you’re allowed to put in up to £9,000.
Your annual allowance of £9,000 can be saved in a Junior cash ISA and/or a Junior stocks & shares ISA. We only offer a Junior cash ISA.
A child can only hold one Junior cash ISA.