Junior ISA - Frequently asked questions

See below for some common questions about Junior ISA.

Can I open a Junior ISA?

Is my child eligible for a OneFamily Junior ISA?

A child is eligible for a OneFamily Junior ISA if:

• They are under age 16

• They do not already have a Child Trust Fund (CTF) or were born after 3 January 2011 and therefore ineligible for a CTF. Note - if they do have a CTF, it can be transferred into a Junior ISA

• They are a UK resident. If they aren’t they can still be eligible if you, as parent or legal guardian, are working overseas as a Crown Servant, or you are married/ in a registered civil partnership with such a person

Can I access the money paid into a Junior ISA?

What happens when my child turns 18?

Are there any charges?

Can I transfer my child's Junior ISA between providers?

How do I transfer an existing Junior ISA to OneFamily?

If my child already has a Child Trust Fund, can I also open a Junior ISA for them?

No, your child can't have both a CTF and a Junior ISA. However, if your child already has a CTF, you can transfer the funds over to open a Junior ISA.

It's easy to transfer into one of our Junior ISAs. For more information, click here.

To transfer a CTF, 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 CTF. Before making a decision to transfer, you should check if the current CTF provider will charge a fee.

Can I close the Junior ISA and withdraw the money invested?

Do the OneFamily Junior ISAs invest in stocks and shares or cash?

Can I take out both a cash and stocks and shares Junior ISA?

Find out more about Junior ISAs

If you'd like to find out more about Junior ISAs take a look at our guide below.

Junior ISA Guide