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Junior ISA - Terms and Conditions

In the table below are links to the latest versions of our Junior ISA (JISA) Terms and Conditions (T&Cs). This includes the T&Cs that will apply after the 'child' reaches 18, which is when the account becomes an Adult ISA (Matured JISA).

If you're not sure which T&Cs relate to your account, check your statement to find the name of the fund your JISA is invested in. This information can also be found by logging in or registering for an online account. The fund names are shown in the table below.

For post-18 T&Cs we've mainly focused on the parts that are new or that will change when the account becomes an Adult ISA (Matured JISA). For anything that isn't included in the Adult ISA (Matured JISA) T&Cs, you should refer to the pre-18 T&Cs for your fund.

For a summary of the key changes that will happen when the child turns 18 and the account becomes an Adult ISA (Matured JISA), see the information below the table.

		Junior ISA	Adult ISA (Matured JISA)
Product name	Fund name	T&Cs (Pre-18)	T&Cs (Post-18)
OneFamily Junior ISA	Family Balanced International Fund (Share Class A) Family Charities Ethical Trust	Download T&Cs	Download Changes at 18
Post Office Junior ISA	Family Balanced International Fund (Share Class A)	Download T&Cs	Download Changes at 18

Changes at 18

When you reach the age of 18, your Junior ISA (JISA) will become an Adult ISA (Matured JISA).

While most things will stay the same as before your birthday, there are some things that have to change. Below are some of the main differences.

JISA (summarised)

Account ownership and making payments

If you haven't already, you'll automatically take control of your account. This means we'll no longer be able to discuss the account with the previous Registered Contact (this is most likely to have been your parent or person with parental responsibility).
Any regular direct debit payments that were being made into the JISA will automatically stop. This is because no payments are allowed once it becomes a Adult ISA (Matured JISA). Any other payments will also be rejected.

Deciding what to do next with your Adult ISA (Matured JISA)

As the new owner of the account, you'll be able to tell us what you'd like to do with your investment by sending us an instruction, for example to transfer your money to another ISA. Your options will be explained to you in a separate communication before your birthday and when you register for an online account. You can give us an instruction by logging into your online account.
Your options will be:
- to continue saving by moving to another Adult ISA that you can pay into, or to a Lifetime ISA,
- to take the money out,
- or a combination of the two: take some money out and save the rest.
It can take a little time to process your instructions – you can see how long each option will take by reading the 'Changes at 18' document at the top of this page
If you'd like to take all, or some, of your money out, you can do this by asking us to send you a cheque or by bank transfer. If you choose the bank transfer option, you'll need to download an ID checking app from our partner Yoti.
If it's not possible to use Yoti, we may need to use other methods to identify you, such as asking you to send us copies of documents in the post. Or you can ask us to send you a cheque instead
If you aren’t ready to make a choice, then the Adult ISA (Matured JISA) will stay where it is until you are ready. We'll provide you with a statement each quarter which you can also find in your online account.

Register for an online account on our website, so you can view the current value of your JISA and let us know what you'd like to do next.