Cash Junior ISA
The Cash Junior ISA is a tax free savings account in the stricter sense. Similar to traditional savings accounts offered by Banks and Building Societies, except that all deposits made into the Cash Junior ISA up to the annual limit ( currently
£3,600
) will earn interest tax free interest at the prevailing rate of interest set by the
Junior ISA provider
In the majority of cases, the interest is calculated daily and applied to the account once a year, and whilst the interest rate is of importance, don't forget to take into consideration the special offers and incentives when selecting a suitable Cash Junior ISA.
Your child can open a
Junior ISA
if they were:
-
born before September 1st 2002, and under the age of 18, or
-
born between September 1st 2002 and January 3rd 2011 and did not qualify for a Child Trust Fund, or
-
born after January 3rd 2011
Compare Cash Junior ISA Providers
Displaying Cash Junior ISAS 1 - 10 of 22 in total
Cash Junior ISA Provider
AER **
Min. Bal
Management
Payments
Northern Bank
£1.00
-
Cash
-
Cheque
-
Debit Card
-
Transfer
National Counties Building Society
£1.00
-
Cash
-
Cheque
-
Debit Card
-
Transfer
-
1.81%
* Payable on balances of £1 - £999
-
2.26%
* Payable on balances of £1,000 - £2,999
-
3.01%
* Payable on balances over £3,000
Nationwide
£1.00
-
Cash
-
Cheque
-
Debit Card
-
Transfer
-
3.00%
* Introductory bonus applicable until 31 October 2013, after this date the rate reverts to the standard rate (2.10%)
-
2.10%
* Standard rate
Skipton Building Society
£1.00
-
Cash
-
Cheque
-
Debit Card
-
Transfer
The interest on the Skipton Building Society Junior Cash ISA will be paid to the account annually at midnight the day before the childÃs birthday.
Buckinghamshire Building Society
£10.00
-
Cash
-
Cheque
-
Debit Card
-
Transfer
Beverley Building Society
£10.00
-
Cash
-
Cheque
-
Debit Card
-
Transfer
Monmouthshire Building Society
£10.00
-
Cash
-
Cheque
-
Debit Card
-
Transfer
-
3.00%
* Includes a bonus of 0.50% until 31st March 2014.
-
2.50%
* Standard rate.
Chorley Building Society
£1.00
-
Cash
-
Cheque
-
Debit Card
-
Transfer
Wesleyan
£10.00
-
Cash
-
Cheque
-
Debit Card
-
Transfer
Bank of Cyprus UK
£25.00
-
Branch
-
Online
-
Post
-
Telephone
-
Cash
-
Cheque
-
Debit Card
-
Transfer
-
2.75%
* Standard rate
-
3.00%
* The interest rate is fixed over the 1 year term - 1 year notice applies.
-
3.50%
* This is a loyalty rate and only available to existing customers who opened a Bond, Cash ISA or any other account on or before 31 October 2011. The rate is fixed for 1 year and requires 1 year notice.
-
3.00%
* This is a loyalty rate and only available to existing customers who opened a Bond, Cash ISA or any other account on or before 31 October 2011. The rate is variable and requires 95 days notice.
** AER refers to the Annual Equivalent Rate - the annual rate if interest was compounded