What is a junior ISA (JISA)?
A OneFamily Junior ISA (JISA) is an investment account for children under the age of 16. It can be opened by the child's parent or legal guardian but anyone can pay money in. The child will be able to access it when they turn 18 without paying tax on any money they withdraw.
OneFamily’s Junior ISA is an investment JISA. That means the money that you pay in is invested on your behalf. It therefore has good potential to outgrow inflation, but the value is likely to go up and down over time. If the child withdraws money when the value is low, they could get back less than has been paid in.
That’s why at OneFamily, we give you a simple choice of three funds so you can choose the risk level you're comfortable with.
Our minimum investment is just £10 a month by direct debit or a lump sum starting from £100.
Choose your investment style
We offer three investment styles which give you the freedom to invest your money in a way that’s rewarding and comfortable for you.
Cautious
Aims for modest growth with more investment in lower-risk assets
Balanced
Aims for more growth with more investment in higher-risk assets
Adventurous
Aims to maximise growth with a focus on higher-risk assets
Your money will be invested in the ‘OneFamily Global Select 35% Shares’ fund which aims to achieve modest growth, with moderate fluctuations in value.
Important documents
Fees
1.5% Annual Management Charge
Investments can go down as well as up in value, so you may get back less than you put in.
Your money will be invested in the ‘OneFamily Global Select 65% Shares’ fund which aims to achieve higher growth, but with more fluctuations in value.
Important documents
Fees
1.5% Annual Management Charge
Investments can go down as well as up in value, so you may get back less than you put in.
Your money will be invested in the ‘OneFamily Global Select 100% Shares’ fund which aims to maximise growth but has the potential to see the largest fluctuations in value.
Important documents
Fees
1.5% Annual Management Charge
Investments can go down as well as up in value, so you may get back less than you put in.
Why invest with OneFamily?
We’re owned by our members for our members. This means we don’t have shareholders to pay, so we can reinvest our profits to benefit our members and communities.
We’re trusted by over 1.5 million customers to grow their financial wellbeing through providing the accessible, affordable products they tell us they need. And don’t just take our word for it – our customers rate us highly, with an overall satisfaction score of 93% in 2024.*
Our Inspiring Better Futures vision focuses on supporting our customers, investing in our colleagues and giving back to our communities.
Through our education grants, charity partnerships, volunteering and much more, making a difference to those who need it most is at the heart of what we do.
*Source: Bright survey, 2024.
Transfer a junior ISA or child trust fund to OneFamily
We don’t charge you to transfer an existing junior ISA or child trust fund.
Simply let us know that you’d like to transfer an existing account to us and we’ll speak to your current provider and do the rest.
Learn about junior ISAs
Find out everything you need to know about junior ISAs with our in-depth junior ISA articles and our frequently asked questions.
What is a junior ISA?
A junior ISA is a tax-free savings account set up by a parent or legal guardian on behalf of a child. The child can access the money when they turn 18.
What happens when the child turns 18?
When your child turns 18, their junior ISA will “mature”, meaning they'll be able to what they like with the money.
Are there any Junior ISA charges?
Investing sometimes comes with charges and management fees, but we're always up-front about what we charge. Learn about our Junior ISA charges and fees.
Junior ISA calculator
Use our simple Junior ISA calculator to quickly give you an idea of how your child's money could grow.
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Start saving today – open or transfer to our Junior ISA online
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