Who can open a Junior ISA?
Anyone with parental responsibility for a child can open a Junior ISA.
Who is eligible for a Junior ISA?
To be eligible for a Junior ISA, your child must:
- Be resident in the UK
- Be under the age of 18
- Not have been eligible for a Child Trust Fund
- If your child already has a Child Trust Fund, it can be transferred to open a Junior ISA. Your child will have been eligible for a Child Trust Fund if they were born between September 2002 and 3rd January 2011.
Our Junior ISA is only available for children under the age of 16.
Can I access the money paid into a Junior ISA?
No, the account is set up for the child. Only they can access the money, and only after they turn 18.
What happens when my child reaches 18?
When your child reaches age 18, their Junior ISA will become an adult ISA, so they can keep saving if they wish.
Do I have to take out a new Junior ISA, with a new provider, each tax year?
No, your Junior ISA can remain with a single provider throughout the lifetime of the account. You may also transfer the funds to another provider at any time.
Can I transfer my child’s Junior ISA between providers?
Yes, you can transfer your child’s Junior ISA to another provider at any time.
It's easy to transfer into our Junior ISA and we don't make any charges to do this. You will need to transfer £500 or more though.
How to transfer a Junior ISA to OneFamily
- Check you have all the facts by reading the Important Information booklets, factsheets and, for our ethical Junior ISA, the Key Investor Information document.
- Choose which fund you want to invest in.
- Download and print the form for the fund you want.
- Complete the form and send it to us at FREEPOST ONEFAMILY.
Important: By completing and sending us a transfer form you are confirming that you have downloaded and kept a copy of the Important Information booklet and, where relevant, the Key Investor Information document. If you are unable to save a copy of any of these documents, please call 0800 616 695.
Documents and forms to transfer into our Junior ISA
Documents and forms to transfer into our ethical Junior ISA
My child already has a Child Trust Fund, can I also open a Junior ISA in their name?
No. Your child cannot have both a Child Trust Fund and a Junior ISA. However, if your child already has a Child Trust Fund, you can transfer the account to open the Junior ISA.
To transfer a Child Trust Fund, you must be the Registered Contact on the account. Once you have made the transfer into a Junior ISA you cannot transfer back into a Child Trust Fund. Before making a decision to transfer, you should check if the current Child Trust Fund provider will charge a fee. Read more on how to transfer a CTF to a Junior ISA ».
Can I transfer money from a Child Trust Fund to a Junior ISA?
Yes, you can transfer a Child Trust Fund to open a Junior ISA, provided you're the Registered Contact on the Child Trust Fund account.
As an award-winning provider of both products the choice between moving from a CTF to a JISA really comes down to the individual family and how they are looking to make the most of their product and savings.