You can become the registered contact for your Junior ISA account from the age of 16. Then, at 18, you can decide what you’d like to do with the money in your account.
How to access the money in your Junior ISA once you turn 18
1. Register for an online account and download Yoti
You can do this as soon as you turn 16. Before your 16th birthday, someone with parental responsibility will need to be the registered contact – usually your parent or legal guardian. They can create an online account to see your Junior ISA and pay money in, but they’ll never be able to withdraw money from it.
It's also a good idea to download and set up the digital ID app Yoti as you'll need to use this to prove who you are if you decide you'd like your money transferred to your bank account when you turn 18.
Tip: You'll need your National Insurance number to register. Here’s how to find it.
2. Consider your options
If you’re not yet 18, take this time to think about what you’ll do with your money when you’re able to access it.
You can choose to keep saving or spend it all straight away, or you can let yourself have fun with some of the money but keep the rest invested and safe from temptation.
Tip: You can take some of your money to spend and keep some invested
3. Tell us what you’d like to do
Once you’re 18, the choice is yours.
You’ll need to log into your online account where you can withdraw money either by bank transfer or by asking us to post a cheque.
You also now have the option to move money into an ISA or a Lifetime ISA through your online account.
Tip: If you’ve not yet decided what to do, it’s ok to do nothing!
